Common use of Compensation Plans Clause in Contracts

Compensation Plans. The Executive shall be eligible to participate in such profit-sharing, 401K, stock option, bonus and performance award programs as are made available generally to executive officers of the Company, such participation to be on a basis which is commensurate with the Executive's position with the Company.

Appears in 7 contracts

Samples: Employment Agreement (FORU Holdings, Inc.), Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.)

AutoNDA by SimpleDocs

Compensation Plans. The Executive shall be eligible to participate in such profit-sharing, 401K, stock option, bonus and performance award programs as are made available generally to executive officers of the Company, such participation to be on a basis which is commensurate with the Executive's ’s position with the Company.

Appears in 6 contracts

Samples: Employment Agreement (NanoFlex Power Corp), Employment Agreement (NanoFlex Power Corp), Employment Agreement (NanoFlex Power Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.