Incentive and Benefit Plans. Executive will be entitled to participate in those benefit plans generally provided for Company’s executives in the same or a similar tier of management, in accordance with the terms of such benefit plans. Additionally, Executive shall be entitled to participate in any other benefit plans made available generally to employees of Company from time to time, including but not limited to, any savings plan, life insurance plan and health insurance plan, all subject to any restrictions specified in, or amendments made to, such plans.
Incentive and Benefit Plans. MEHTA shall be entitled to (a) participate in any Management Incentive Compensation Plans adopted by ELITE'S Board of Directors (provided any such plan is adopted upon a vote in which MEHTA abstains or does not cast a deciding vote) on a basis to be determined by the Board of Directors at such time; (b) participate in any stock option plan established by the Board of Directors; and (c) participate in, and benefit from, any and all pension, profit-sharing, life, dental, medical, and other group benefit plans provided to management and/or other employees of ELITE.
Incentive and Benefit Plans. Employee shall participate in any incentive compensation plans maintained by the Company for "Senior Executive Officers", as such term is defined below. For the 2000 fiscal year, Employee's "Target Bonus," as that term is customarily used in conjunction with the Company's Annual Management Incentive Plan (the "MIP"), shall be 65% of Employee's Base Salary, with the actual amount of the bonus payment to be determined in accordance with all of the terms and provisions of the MIP, as it may be amended from time to time. The Employee's Target Bonus, and all other terms and conditions of Employee's participation in the MIP (including other bonus levels and performance goals) may be changed from time to time by the Company's Board of Directors or a Committee thereof in the exercise of its discretion. Employee also shall have the right to participate in any and all pension or profit sharing plans, stock purchase plans, executive retirement plans, any annuity or group benefit plans and any medical plans and other benefit plans that are now or in the future may be maintained by Company for its Senior Executive Officers, all in accordance with the terms and conditions of the plans. Company will provide Employee with an automobile and an active membership in a country club of Employee's choice in accordance with the policies and practices applicable to Senior Executive Officers. The automobile and country club policies for Senior Executive Officers may be modified from time to time. For purposes of this Agreement, the term "Senior Executive Officer" includes any Del Webb Corporation Executive Xxxx Xxxsident, Senior Vice President or Vice President.
Incentive and Benefit Plans. Executive will be entitled to participate in those incentive compensation and benefit plans reserved for the Company’s executives, including any stock option plan maintained by the Company, in accordance with the terms of such compensation and benefit plans. Additionally, the Executive shall be entitled to participate in any other benefit plans sponsored by Company, including but not limited to, any retirement, 401(k), or savings plans, life insurance plan and health insurance plan available generally either to employees or to senior executives of Company from time to time, subject to any restrictions specified in, or amendments made to, such plans. Executive shall be entitled to D&O insurance and indemnification as provided by Company consistent with the coverage provided to other Directors and Officers. The Executive shall be entitled to four (4) weeks vacation during the calendar year, and such additional vacation time as the Board shall approve, with such vacation to be carried over, scheduled and taken in accordance with the Company’s standard vacation policies.
Incentive and Benefit Plans. Executive will be entitled to participate in those incentive compensation and benefit plans reserved for the Company's executives, including any stock option plan maintained by the Company, in accordance with the terms of such compensation and benefit plans. Additionally, the Executive shall be entitled to participate in any other benefit plans sponsored by company, including but not limited to, any savings plan, life insurance plan and health insurance plan available generally to employees of Company from time to time, subject to any restrictions specified in, or amendments made to, such plans. The Executive shall be entitled to four (4) weeks vacation during the calendar year, and such additional vacation time as the Board shall approve, with such vacation to be scheduled and taken in accordance with the Company's standard vacation policies, but this provision is not intended to interfere with or limit Executive's discretion to determine the appropriate time to be devoted to his duties hereunder.
Incentive and Benefit Plans. Executive will be entitled to participate in those incentive compensation and benefit plans reserved for the Company's executives, including any stock option plan maintained by the Company, in accordance with the terms of such compensation and benefit plans. Additionally, the Executive shall be entitled to participate in any other benefit plans sponsored by Company, including but not limited to, any retirement, 401(k), or savings plans, life insurance plan and health insurance plan available generally either to employees or to senior executives of Company from time to time, subject to any restrictions specified in, or amendments made to, such plans. The Executive shall be entitled to four (4) weeks vacation EXHIBIT 10.44 during the calendar year, and such additional vacation time as the Board shall approve, with such vacation to be carried over, scheduled and taken in accordance with the Company's standard vacation policies.
Incentive and Benefit Plans. Executive will be entitled to participate in those incentive compensation and benefit plans reserved for the Company's or Parent's executives, including any stock option plan maintained by Parent, in accordance with the terms of such compensation and benefits plans. Executive shall also be permitted to participate in such incentive compensation plans as adopted by the President from time to time. Additionally, the Executive shall be entitled to participate in any other benefit plans sponsored by Company or Parent that employees are eligible for, including but not limited to, any savings plan, life insurance plan and health insurance plan available generally to employees of Company or Parent from time to time, subject to any restrictions specified in, or amendments made to, such plans.
Incentive and Benefit Plans. . . 44 Section 6.7.
Incentive and Benefit Plans. Employee shall participate in any incentive compensation plans maintained by the Company for Community General Managers. For the 2001 fiscal year, Employee's "Target Bonus," as that term is customarily used in conjunction with the Company's Annual Management Incentive Plan (the "MIP"), shall be 60% of Employee's Base Salary, with the actual amount of the bonus payment to be determined in accordance with all of the terms and provisions of the MIP, as it may be amended from time to time. The Employee's Target Bonus, and all other terms and conditions of Employee's participation in the MIP (including other bonus levels and performance goals) may be changed from time to time by the Company's Board of Directors or a Committee thereof in the exercise of its discretion.
Incentive and Benefit Plans. Executive will be entitled to participate in those incentive and benefit plans generally provided for Company’s executives in the same or a similar tier of management, in accordance with the terms of such benefit plans. Additionally, Executive shall be entitled to participate in any other benefit plans made available generally to employees of Company from time to time, including but not limited to, any savings plan, life insurance plan and health insurance plan, subject to any restrictions specified in, or amendments made to, such plans. Executive shall also be eligible to participate in any InPlay equity incentive programs, all of which shall be solely in the discretion of the Committee.
