Incentive and Savings Plans. During the Employment Period, the Executive shall be entitled to participate in all incentive and savings plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable) and savings opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.
Appears in 6 contracts
Samples: Employment Agreement (Mindspeed Technologies, Inc), Employment Agreement (Mindspeed Technologies, Inc), Employment Agreement (Mindspeed Technologies, Inc)
