Common use of Annual Equity Incentive Awards Clause in Contracts

Annual Equity Incentive Awards. During the Employment Term, the Executive shall be entitled to participate in the Company’s 2007 Stock and Incentive Plan (the “SIP”), or such other equity incentive plan as is deemed appropriate by the MDCC, and to receive annual long-term equity incentive awards in a form and amount determined by the MDCC. The Company’s award cycle under the SIP currently takes place in the November timeframe each year.

Annual Equity Incentive Awards. During the Employment Term, the Executive shall be entitled to participate in the Company’s 2007 Stock and Incentive Plan (the “SIP”), or such other equity incentive plan as is deemed appropriate by the MDCC, and to receive annual long-term equity incentive awards in a form and amount determined by the MDCCMDCC and as are further described in the Offer Letter. The Company’s award cycle under the SIP currently takes place in the November timeframe each year.

Annual Equity Incentive Awards. During the Employment Term, the Executive shall be entitled to participate in the Company’s 's 2007 Stock and Incentive Plan (the “"SIP”"), or such other equity incentive plan as is deemed appropriate by the MDCC, and to receive annual long-term equity incentive awards in a form and amount determined by the MDCC. The Company’s 's award cycle under the SIP currently takes place in the November timeframe each year.