Common use of Executive Benefits Clause in Contracts

Executive Benefits. The Executive will also be entitled to participate in executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generally. Unless otherwise determined by the Compensation Committee, the Executive’s participation in such plans will be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s entitlements hereunder.

Appears in 13 contracts

Samples: Executive Employment Agreement (Princeton Review Inc), Executive Employment Agreement (Princeton Review Inc), Executive Employment Agreement (Princeton Review Inc)

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Executive Benefits. The Executive will also be entitled to participate in all executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany. Unless otherwise provided herein or as otherwise determined by the Compensation CommitteeCommittee of the Board, the Executive’s participation in such plans will be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s entitlements hereunder.

Appears in 5 contracts

Samples: Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp)

Executive Benefits. The Executive will also shall be entitled to participate in all executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany. Unless otherwise determined by the Compensation Committeeprovided herein, the Executive’s participation in such plans will shall be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s entitlements hereunder.

Appears in 4 contracts

Samples: Employment Agreement (MCG Capital Corp), Employment Agreement (Broadview Networks Holdings Inc), Employment Agreement (Broadview Networks Holdings Inc)

Executive Benefits. The Executive will also shall be entitled to participate ------------------ in all executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany. Unless otherwise determined by the Compensation Committeeprovided herein, the Executive’s 's participation in such plans will shall be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s 's entitlements hereunder.

Appears in 3 contracts

Samples: Employment Agreement (MCG Capital Corp), Employment Agreement (MCG Capital Corp), Employment Agreement (MCG Capital Corp)

Executive Benefits. The Executive will also shall be entitled to participate in ------------------ all executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany. Unless otherwise determined by the Compensation Committeeprovided herein, the Executive’s 's participation in such plans will shall be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s 's entitlements hereunder.

Appears in 3 contracts

Samples: Employment Agreement (MCG Capital Corp), Employment Agreement (MCG Capital Corp), Employment Agreement (MCG Capital Corp)

Executive Benefits. The During the Employment Term, Executive will also shall be entitled to participate in such executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose benefit of providing compensation and/or benefits to senior executives of the Company generally. Unless otherwise determined by the Compensation Committee, the Executive’s participation in such plans will be on the same basis and terms as other similarly situated are applicable to such senior executives of the Companygenerally. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s entitlements hereunder.

Appears in 1 contract

Samples: Employment Agreement (Armstrong World Industries Inc)

Executive Benefits. The Executive will also shall be entitled to participate in all executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany, other than the annual Cash Incentive Compensation Program for 2002. Unless otherwise determined by the Compensation Committeeprovided herein, the Executive’s 's participation in such plans will shall be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s 's entitlements hereunder.

Appears in 1 contract

Samples: Employment Agreement (MCG Capital Corp)

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Executive Benefits. The Executive will also shall be entitled to participate ------------------ in all executive benefit or incentive compensation plans now maintained or hereafter established by the Company or the Parent for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany. Unless otherwise determined by the Compensation Committeeprovided herein, the Executive’s 's participation in such plans will shall be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s 's entitlements hereunder.

Appears in 1 contract

Samples: Employment Agreement (MCG Capital Corp)

Executive Benefits. The Executive will also shall be entitled to participate in ------------------ all executive benefit or incentive compensation plans now maintained or hereafter established by the Company or the Parent for the purpose of providing compensation and/or benefits to executives of the Company generallyor the Parent. Unless otherwise determined by the Compensation Committeeprovided herein, the Executive’s 's participation in such plans will shall be on the same basis and terms as other similarly situated executives of the CompanyCompany or the Parent. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s 's entitlements hereunder.

Appears in 1 contract

Samples: Employment Agreement (MCG Capital Corp)

Executive Benefits. The Executive will also shall be entitled to participate in all executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany. Unless otherwise determined by the Compensation Committeeprovided herein, the Executive’s 's participation in such plans will shall be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will shall be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s 's entitlements hereunder.

Appears in 1 contract

Samples: Employment Agreement (MCG Capital Corp)

Executive Benefits. The Executive will also be entitled to participate in all executive benefit or incentive compensation plans now maintained or hereafter established by the Company for the purpose of providing compensation and/or benefits to executives of the Company generallyCompany. Unless otherwise provided herein or as otherwise determined by the Compensation CommitteeCommittee of the Board, the Executive’s 's participation in such plans will be on the same basis and terms as other similarly situated executives of the Company. No additional compensation provided under any of such plans will be deemed to modify or otherwise affect the terms of this Agreement or any of the Executive’s 's entitlements hereunder.

Appears in 1 contract

Samples: Employment Agreement (Polymedica Corp)

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