Common use of Equity Plans or Programs Clause in Contracts

Equity Plans or Programs. During the Initial Term or any Renewal Term, Employee may be eligible to participate in stock option, phantom stock, restricted stock or other similar equity-incentive plans or programs which the Company may establish from time to time. The terms of any such plans or programs, and Employee’s eligibility to participate in them, shall be established by the Board at its sole discretion. Employee acknowledges and agrees that the Company may amend, modify or terminate any of such plans or programs at any time at its discretion.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Kohls Corporation), Employment Agreement (Kohls Corporation)

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