Common use of 2001 Incentive Compensation Plan Clause in Contracts

2001 Incentive Compensation Plan. The performance based award and method of payment specified above (the “Award”) were made by the Compensation Committee in accordance with Section 8 of the Company’s 2001 Incentive Compensation Plan (the “Incentive Plan”) and are subject to the limitations contained in Section 5 of the Incentive Plan. The Award is intended to qualify as “performance based compensation” under Section 162(m) of the Internal Revenue Code. Dated: Effective as of January 1, 2009 /s/ Xxxx Xxxxxx Xxxx Xxxxxx, Chairman Compensation Committee Acknowledged and Accepted: /s/ Xxxxxx X. Xxxxxx

Appears in 1 contract

Samples: Employment Agreement (Watsco Inc)

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2001 Incentive Compensation Plan. The performance based award and method of payment specified above (the “Award”) were made by the Compensation Committee in accordance with Section 8 of the Company’s 2001 Incentive Compensation Plan (the “Incentive Plan”) and are subject to the limitations contained in Section 5 of the Incentive Plan. The Award is intended to qualify as “performance based compensation” under Section 162(m) of the Internal Revenue Code. Dated: Effective as of January 1, 2009 2006 /s/ Xxxx X. Xxxxxx Xxxx X. Xxxxxx, Chairman Compensation Committee Acknowledged and Accepted: /s/ Xxxxxx X. Xxxxxx

Appears in 1 contract

Samples: Employment Agreement (Watsco Inc)

2001 Incentive Compensation Plan. The performance based award and method of payment specified above (the “Award”) were made by the Compensation Committee in accordance with Section 8 of the Company’s 2001 Incentive Compensation Plan (the “Incentive Plan”) and are subject to the limitations contained in Section 5 of the Incentive Plan. The Award is intended to qualify as “performance based compensation” under Section 162(m) of the Internal Revenue Code. Dated: Effective as of January 1March 9, 2009 2005 /s/ Xxxx Xxxxxx Xxxx Xxxxxx, Chairman Compensation Committee Acknowledged and Accepted: /s/ Xxxxxx X. Xxxxxx

Appears in 1 contract

Samples: Employment Agreement (Watsco Inc)

2001 Incentive Compensation Plan. The performance based award and method of payment specified above (the "Award") were made by the Compensation Committee in accordance with Section 8 of the Company’s 's 2001 Incentive Compensation Plan (the "Incentive Plan") and are subject to the limitations contained in Section 5 of the Incentive Plan. The Award is intended to qualify as "performance based compensation" under Section 162(m) of the Internal Revenue Code. Dated: Effective as of January 1, 2009 /s/ 2003 /s/Xxxx Xxxxxx -------------------------- Xxxx Xxxxxx, Chairman Compensation Committee Acknowledged and Accepted: /s/ Xxxxxx X. Xxxxxx -------------------------- Xxxxxx X. Xxxxxx

Appears in 1 contract

Samples: Employment Agreement (Watsco Inc)

2001 Incentive Compensation Plan. The performance based award and method of payment specified above (the “Award”) were made by the Compensation Committee in accordance with Section 8 of the Company’s 2001 Incentive Compensation Plan (the “Incentive Plan”) and are subject to the limitations contained in Section 5 of the Incentive Plan. The Award is intended to qualify as “performance based compensation” under Section 162(m) of the Internal Revenue Code. Dated: Effective as of January 1, 2009 2008 /s/ Xxxx Xxxxxx Xxxx Xxxxxx, Chairman Compensation Committee Acknowledged and Accepted: /s/ Xxxxxx X. Xxxxxx

Appears in 1 contract

Samples: Employment Agreement (Watsco Inc)

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2001 Incentive Compensation Plan. The performance based award and method of payment specified above (the “Award”) were made by the Compensation Committee in accordance with Section 8 of the Company’s 2001 Incentive Compensation Plan (the “Incentive Plan”) and are subject to the limitations contained in Section 5 of the Incentive Plan. The Award is intended to qualify as “performance based compensation” under Section 162(m) of the Internal Revenue Code. Dated: Effective as of January 1, 2009 2004 /s/ Xxxx Xxxxxx XXXX XXXXXX Xxxx Xxxxxx, Chairman Compensation Committee Acknowledged and Accepted: /s/ XXXXXX X. XXXXXX Xxxxxx X. Xxxxxx

Appears in 1 contract

Samples: Employment Agreement (Watsco Inc)

2001 Incentive Compensation Plan. The performance based award and method of payment specified above (the “Award”) were made by the Compensation Committee in accordance with Section 8 of the Company’s 2001 Incentive Compensation Plan (the “Incentive Plan”) and are subject to the limitations contained in Section 5 of the Incentive Plan. The Award is intended to qualify as “performance based compensation” under Section 162(m) of the Internal Revenue Code. Dated: Effective as of January 1, 2009 2007 /s/ XXXX X. XXXXXX Xxxx Xxxxxx Xxxx X. Xxxxxx, Chairman Compensation Committee Acknowledged and Accepted: /s/ Xxxxxx XXXXXX X. XxxxxxXXXXXX

Appears in 1 contract

Samples: Employment Agreement (Watsco Inc)

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