Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term and long-term incentive programs established and/or maintained by the Company for its senior level executives generally; (ii) the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company to at least the same extent as other senior executives of the Company; (iii) the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in, and shall receive all benefits under, all welfare benefit plans, practices, policies and programs provided by the Company to at least the same extent as other senior executives of the Company; and (iv) the Executive shall be entitled to, and the Company shall provide the Executive with, not less than the number of weeks of vacation during each calendar year to which the Executive is entitled as of the date of this Agreement. In addition, the Executive shall be entitled to annual reimbursement for tax and financial planning and tax preparation in accordance with the Company’s standard practice for executives generally.
Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term and long-term incentive programs established and/or maintained by the Company for its senior level executives generally; (ii) the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company to at least the same extent as other senior executives of the Company; (iii) the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in, and shall receive all benefits under, all welfare benefit plans, practices, policies and programs provided by the Company to at least the same extent as other senior executives of the Company; and (iv) the Executive shall be entitled to, and the Company shall provide the Executive with 4 weeks of paid vacation during each calendar year pursuant to the Company’s vacation policy.
Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term and long-term incentive programs established and/or maintained by the Company for its senior level executives generally; (ii) the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company to at least the same extent as other senior executives of the Company; (iii) the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in, and shall receive all benefits under, all welfare benefit plans, practices, policies and programs provided by the Company to at least the same extent as other senior executives of the Company; and (iv) the Executive shall be entitled to, and the Company shall provide the Executive with, not less than the number of weeks of vacation during each calendar year to which the Executive is entitled as of the date of this Agreement. In addition to the foregoing, the Executive shall be entitled to annual reimbursement of up to $5,000 per year for tax and financial planning and tax preparation, or such greater amount as may be authorized by the Committee, in its sole discretion, or by any person or persons to whom the Committee has delegated such authority.
Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term and long-term incentive programs established and/or maintained by the Company for its senior level executives generally; (ii) the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company to at least the same extent as other senior executives of the Company; (iii) the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in, and shall receive all benefits under, all welfare benefit plans, practices, policies and programs provided by the Company to at least the same extent as other senior executives of the Company; and (iv) the Executive shall be entitled to, and the Company shall provide the Executive with 4 weeks of paid Vacation during each calendar year pursuant to the Company’s PTO policy. Executive’s initial Short Term Incentive Target is 75%. Executive’s initial Long Term Incentive Target is 90%.
Annual Bonus and Incentive Plans; Other Benefits. Throughout the Employment Period, the Executive shall be eligible to participate in any bonus or incentive plans that are available to the senior executives of Arcadia.
Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term and long-term incentive programs established and/or maintained by the Company for its senior level executives generally; (ii) the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company to at least the same extent as other senior executives of the Company; (iii) the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in, and shall receive all benefits under, all welfare benefit plans, practices, policies and programs provided by the Company to at least the same extent as other senior executives of the Company; and (iv) the Executive shall be entitled to, and the Company shall provide the Executive with, not less than the number of weeks of vacation during each calendar year to which the Executive is entitled as of the date of this Agreement. As of the Effective Date, the Executive is eligible to participate in the Company’s Annual Incentive Plan at the 100% of annual base salary target level. Furthermore, the Executive shall be entitled to annual reimbursement of up to $5,000 per year for tax and financial planning and tax preparation, or such greater amount as may be authorized by the Company, in its sole discretion, or by any person or persons to whom such authority has been delegated.
Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term and long-term incentive programs established and/or maintained by the Company for its senior level executives generally; (ii) the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company to at least the same extent as other senior executives of the Company; (iii) the Executive and/or the Executive's family, as the case may be, shall be eligible for participation in, and shall receive all benefits under, all welfare benefit plans, practices, policies and programs provided by the Company to at least the same extent as other senior executives of the Company; and (iv) the Executive shall be entitled to, and the Company shall provide the Executive with 27 days of paid vacation during each calendar year pursuant to the Company's PTO policy. Executive's initial Short Term Incentive Target is 75% of Base Salary. Executive's initial Long Term Incentive Target is 175% of Base Salary. Notwithstanding anything else in this Agreement to the contrary, the Executive shall receive an initial LTI grant equal to two years of LTI split equally among Restricted Stock Units and Performance Stock Units and Executive shall not be eligible for an additional LTI grant until 2019.
Annual Bonus and Incentive Plans; Other Benefits. Beginning in 2007 and during the Employment Period, the Executive shall be eligible to participate in any bonus or incentive plans that are available to the senior executives of Arcadia and/or PrairieStone. A mutually agreeable bonus or incentive plan will be adopted by PrairieStone effective no later than January 1, 2009.
Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term and long-term incentive programs established and/or maintained by the Company and/or the Employer for senior level executives of the Company and/or the Employer generally; (ii) the Executive shall be entitled to continue to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company and/or the Employer to at least the same extent as other senior executives of the Company and/or the Employer; (iii) the Executive and/or the Executive’s family, as the case may be, shall be eligible for continued participation in, and shall continue to receive all benefits under, all welfare benefit plans, practices, policies and programs provided by the Company and/or the Employer to at least the same extent as other senior executives of the Company and/or the Employer; and (iv) the Executive shall continue to be entitled to, and the Employer shall continue to provide the Executive with, not less than the number of weeks of paid vacation during each calendar year to which the Executive is entitled as of the date of this Agreement. In addition to the foregoing, the Executive shall be entitled to annual reimbursement of up to $5,000 per year for tax and financial planning and tax preparation.
Annual Bonus and Incentive Plans; Other Benefits. During the Employment Period: (i) the Executive shall be entitled to participate in any short-term programs established and/or maintained by the Company for its senior level executives generally; (ii) the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs of the Company to at least the same extent as other vice presidents of the Company; (iii) the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in, and shall receive all benefits under, all welfare benefit plans provided by the Company to at least the same extent as other vice presidents of the Company; (iv) the Executive shall be entitled to an executive level relocation assistance agreement, up to a maximum value of $100,000 (eligible for 35% gross up, as applicable), subject to pro-rated reimbursement should the Executive leave the Company voluntarily prior to 24 months from his Employment Date; and (v) the Executive shall be entitled to, and the Company shall provide the Executive with 20 days of paid time off during each calendar year to use at the Executive’s discretion in accordance with the Company’s paid time off policy. Any bonus for fiscal year 2008 will be pro-rated based on the Executive’s Employment Date. The Executive shall not be eligible for the Company's long-term incentive program.
