Common use of Incentive Plans Clause in Contracts

Incentive Plans. During the term hereof, Executive shall be eligible to participate in any annual incentive bonus plan and long-term incentive plan (including, without limitation, any stock incentive plan) of the Company generally available to Company employees of a level comparable to Executive. Such participation shall be subject to and on a basis consistent with the terms, conditions and administration of any such plan. Executive understands that (i) the Company shall have discretion to determine Executive’s level of participation in any such plan, and (ii) any such plan may be modified or eliminated in the Company’s sole discretion in accordance with applicable law and the terms of such plan.

Incentive Plans. During the term hereof, Executive shall be eligible to participate in any annual incentive bonus plan and long-term incentive plan (including, without limitation, any stock incentive option plan) of the Company generally available to Company employees of a level comparable to Executive. Such participation shall be subject to and on a basis consistent with the terms, conditions and administration of any such plan. Executive understands that (i) the Company shall have discretion to determine Executive’s level of participation in any such plan, plan and (ii) any such plan may be modified or eliminated in the Company’s sole discretion in accordance with applicable law and the terms of such plan.

Incentive Plans. During the term hereof, Executive shall be eligible to participate in any annual incentive bonus plan and long-term incentive plan (including, without limitation, any stock incentive option plan) of the Company generally available to Company employees of a level comparable to Executive. Such participation shall be subject to and on a basis consistent with the terms, conditions and administration of any such plan. Executive understands that (i) the Company shall have discretion to determine Executive’s level of participation in any such plan, plan and (ii) any such plan may be modified or eliminated in the Company’s sole discretion in accordance with applicable law and the terms of such plan.

Incentive Plans. During the term hereof, Executive shall be eligible to participate in any annual incentive bonus plan and long-term incentive plan (including, without limitation, any stock incentive plan) of the Company generally available to Company employees of a level comparable to Executivethe Company’s senior executives. Such participation shall be subject to and on a basis consistent with the terms, conditions and administration of any such plan. Executive understands that (i) the Company shall have discretion to determine Executive’s level of participation in any such plan, and (ii) any such plan may be modified or eliminated in the Company’s sole discretion in accordance with applicable law and the terms of such plan.