Common use of Stock Incentive Plans Clause in Contracts

Stock Incentive Plans. During the Employment Period, the Executive shall be entitled to participate in any stock incentive, option, performance share and other stock-based incentive plans (if any) on the same basis as other Peer Executives. For example, if other Peer Executives are awarded stock options or restricted stock units or shares based on references to comparative market data, Executive's awards shall be made on the same basis, and shall, in any event, contain the same terms and conditions, and if applicable, be subject to the same performance criteria, as applied to awards to other Peer Executives. Notwithstanding the foregoing, such long-term incentive opportunities for the Executive shall in no event be less favorable, in each case and in the aggregate, than those provided by the Company and its Affiliates for the Executive during the fiscal year during which the Effective Date occurs, provided that any special or one-time awards (such as those associated with a new hire or promotion) shall not be taken into account.

Stock Incentive Plans. During the Employment Period, the Executive shall be entitled to participate in any the Company's stock incentive, option, performance share and other stock-based incentive plans (if any) ), on the same basis as other Peer Executivespeer executives. For example, if other Peer Executives peer executives are awarded stock options or restricted stock units or performance shares based on references to comparative market data, Executive's awards shall be made on the same basis, and shall, in any event, contain the same terms and conditions, and if applicable, be subject to the same performance criteria, as applied to awards to other Peer Executivespeer executives. Notwithstanding the foregoing, such long-term incentive opportunities for the Executive shall in no event be less favorable, in each case and in the aggregate, than those provided by the Company and its Affiliates for the Executive under such plans during the fiscal year during which immediately preceding the Effective Date occursDate, provided that any special or one-time awards (such as those associated with a new hire or promotion) shall not be taken into account.

Stock Incentive Plans. During the Employment Period, the Executive shall be entitled to participate in any the Company’s stock incentive, option, performance share and other stock-based incentive plans (if any) ), on the same basis as other Peer Executivespeer executives. For example, if other Peer Executives peer executives are awarded stock options or restricted stock units or performance shares based on references to comparative market data, Executive's ’s awards shall be made on the same basis, and shall, in any event, contain the same terms and conditions, and if applicable, be subject to the same performance criteria, as applied to awards to other Peer Executivespeer executives. Notwithstanding the foregoing, such long-term incentive opportunities for the Executive shall in no event be less favorable, in each case and in the aggregate, than those provided by the Company and its Affiliates for the Executive under such plans during the fiscal year during which immediately preceding the Effective Date occursDate, provided that any special or one-time awards (such as those associated with a new hire or promotion) shall not be taken into account.