Common use of Prior Plans Clause in Contracts

Prior Plans. Prior to the Effective Date, Executive was a participant in the Company’s Executive Officers’ Change of Control Incentive and Severance Benefit Plan (the “CIC Plan”), and was eligible for participation in the Company’s Vice Presidents’ Severance Benefit Plan (the “Severance Plan”). Effective as of immediately prior to the Effective Date, Executive shall no longer be eligible to participate in the CIC Plan or the Severance Plan.

Appears in 2 contracts

Samples: Executive Employment Agreement (Intel Corp), Executive Employment Agreement (Wind River Systems Inc)

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Prior Plans. Prior to the Effective Date, Executive was a participant in the Company’s Executive Officers’ Change of Control Incentive and Severance Benefit Plan (the “CIC Plan”), ) and was eligible for participation in the Company’s Vice Presidents’ Severance Benefit Plan (the “Severance Plan”). Effective as of immediately prior to the Effective Date, Executive shall no longer be eligible to participate in the CIC Plan or the Severance Plan.

Appears in 2 contracts

Samples: Executive Employment Agreement (Intel Corp), Executive Employment Agreement (Wind River Systems Inc)

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