Common use of Executive Compensation Plans Clause in Contracts

Executive Compensation Plans. Executive shall be entitled during the Term to participate, without discrimination or duplication, in all executive compensation plans and programs intended for general participation by senior executives of the Company (other than the Chief Executive of the Company), as presently in effect or as they may be modified or added to by the Company from time to time, subject to the eligibility and other requirements of such plans and programs, including without limitation the long-term incentive features of the 1995 EICP, any successor to such plan, and other stock option plans, performance share plans, management incentive plans, deferred compensation plans, and supplemental retirement plans; provided, however, that such plans and programs, in the aggregate, shall provide Executive with benefits and compensation and incentive award opportunities substantially no less favorable than those provided by the Company to Executive under such plans and programs as in effect on the Effective Date, except that the Company shall have no obligation to include the Executive in the "Pars" program or in the Fruit of the Loom, Inc. Supplemental Executive Retirement Plan ("SERP"). For purposes of this Agreement, all references to long-term incentive features refer to any performance shares, performance units, stock grants, or other long-term incentive arrangements under the 1995 EICP or other plans of the Company and any successor or replacement to the 1995 EICP or other plans of the Company.

Executive Compensation Plans. Executive shall be entitled during the Term to participate, without discrimination or duplication, in all executive compensation plans and programs intended for general participation by senior executives of the Company (other than the Chief Executive of the Company), as presently in effect or as they may be modified or added to by the Company from time to time, subject to the eligibility and other requirements of such plans and programs, including without limitation the long-term incentive features of the 1995 EICP, any successor to such plan, and other stock option plans, performance share plans, management incentive plans, deferred compensation plans, and supplemental retirement plans; provided, however, that such plans and programs, in the aggregate, shall provide Executive with benefits and compensation and incentive award opportunities substantially no less favorable than those provided by the Company to Executive under such plans and programs as in effect on the Effective Date, except that the Company shall have no obligation to include the Executive in the "Pars" program or in the Fruit of the Loom, Inc. Supplemental Executive Retirement Plan ("SERP")program. For purposes of this Agreement, all references to long-term incentive features refer to any performance shares, performance units, stock grants, or other long-term incentive arrangements under the 1995 EICP or other plans of the Company and any successor or replacement to the 1995 EICP or other plans of the Company.