Common use of CAREER EQUITY PROGRAM Clause in Contracts

CAREER EQUITY PROGRAM. The Executive shall be eligible to participate in the Company's Career Equity Program which is currently based on a three year rolling performance cycle with a target long term incentive award opportunity of no less than 30% of Base Salary or in a successor plan or program that provides the Executive with an equivalent opportunity. Executive shall be eligible for pro-rata awards for the performance cycles beginning with the cycle ending with fiscal year 2001 based on meeting the performance goals for such cycles.

CAREER EQUITY PROGRAM. The Executive shall be eligible to participate in the Company's Career Equity Program which is currently based on a three year rolling performance cycle with a target long term incentive award opportunity of no less than 30% of Base Salary or in a successor plan or program that provides the Executive with an equivalent opportunity. Executive shall be eligible for pro-rata awards for the performance cycles beginning with the cycle ending with fiscal year 2001 1999 based on meeting the performance goals for such cycles.