Common use of Annual Incentive Plan Clause in Contracts

Annual Incentive Plan. Upon occurrence of the Leave, Executive’s entitlement to any award under the applicable annual incentive plan sponsored by OSH or an OSH Affiliate (“AIP”), shall be determined in accordance with the terms and conditions of the AIP document regarding termination of employment (as if such termination of employment occurred on the first day of the Leave).

Appears in 4 contracts

Samples: Executive Severance Agreement (Orchard Supply Hardware Stores Corp), Executive Severance Agreement (Orchard Supply Hardware Stores Corp), Executive Severance Agreement (Orchard Supply Hardware Stores Corp)

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Annual Incentive Plan. Upon occurrence Executive’s Date of the LeaveTermination, Executive’s entitlement to any award under the applicable annual incentive plan (“AIP”) sponsored by OSH or an OSH Affiliate (“AIP”)Affiliate, shall be determined in accordance with the terms and conditions of the AIP document regarding termination of employment (as if such termination of employment occurred on the first day of the Leave).employment. / /20

Appears in 2 contracts

Samples: Executive Severance Agreement (Orchard Supply Hardware Stores Corp), Executive Severance Agreement (Orchard Supply Hardware Stores Corp)

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Annual Incentive Plan. Upon occurrence of the Leave, Executive’s entitlement to any award Executive otherwise may be eligible for under the applicable an annual incentive plan sponsored by OSH or an OSH Affiliate (“AIP”)) sponsored by OSH, shall be determined in accordance with the terms and conditions of the AIP document regarding termination of employment (as if such the termination of employment occurred on the first day of the Leave).

Appears in 1 contract

Samples: Executive Severance Agreement (Orchard Supply Hardware Stores Corp)

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