Common use of ADDITIONAL COMPENSATION AND BENEFITS Clause in Contracts

ADDITIONAL COMPENSATION AND BENEFITS. 5.1 During the term of this Agreement, Employee will be entitled to participate in and receive the benefits of any stock option, stock ownership, profit-sharing, or other plans, benefits and privileges given to employees and executives of Employer or its subsidiaries and affiliates which may come into existence hereafter, to the extent commensurate with his then duties and responsibilities, as fixed by Employer's Boards of Directors or any committee of such Boards or of Employer selected for such purpose; and, to the extent Employee is otherwise eligible and qualifies, to so participate in and receive such benefits or privileges. Employer shall not make any changes in such plans, benefits or privileges which would adversely affect Employee's rights or benefits thereunder, unless such change occurs pursuant to a program applicable to all executive officers (Vice President or above) of Employer and does not result in a proportionately greater adverse change in the rights of or benefits to Employee as compared with any other executive officer of Employer. Nothing paid to Employee under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to Employee pursuant to Section 3.1 hereof.

ADDITIONAL COMPENSATION AND BENEFITS. 5.1 During the term of this the Agreement, Employee will be entitled to participate in and receive the benefits of any stock option, stock ownership, profit-profit sharing, or other plans, benefits and privileges given to employees and executives of the Employer or its their subsidiaries and affiliates which may come into existence hereafter, to the extent commensurate with his then duties and responsibilities, as fixed by Employer's Boards the Board of Directors of the Employer or any committee Committee of such Boards Board or of the Employer selected for such purpose; and, to the extent Employee is otherwise eligible and qualifies, to so participate in and receive such benefits or privileges. The Employer shall not make any changes in such plans, benefits or privileges which would adversely affect Employee's rights or benefits thereunder, unless such change occurs pursuant to a program applicable to all executive officers (Senior Vice President or above) of the Employer and does not result in a proportionately greater adverse change in the rights of or benefits to Employee as compared with any other executive officer of the Employer. Nothing paid to Employee under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to Employee pursuant to Section 3.1 hereof.

ADDITIONAL COMPENSATION AND BENEFITS. 5.1 During the term of this the Agreement, Employee will be entitled to participate in and receive the benefits of any stock option, stock ownership, profit-profit sharing, or other plans, benefits and privileges given to employees and executives of the Employer or its their subsidiaries and affiliates which may come into existence hereafter, to the extent commensurate with his then duties and responsibilities, as fixed by Employer's Boards the Board of Directors of the Employer or any committee Committee of such Boards Board or of the Employer selected for such purpose; and, to the extent Employee is otherwise eligible and and-qualifies, to so participate in and receive such benefits or privileges. The Employer shall not make any changes in such plans, benefits or privileges which would adversely affect Employee's rights or benefits thereunder, unless such change occurs pursuant to a program applicable to all executive officers (Senior Vice President or above) of the Employer and does not result in a proportionately greater adverse change in the rights of or benefits to Employee as compared with any other executive officer of the Employer. Nothing paid to Employee under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary Total Compensation payable to Employee pursuant to Section 3.1 hereof.. DRAFT

ADDITIONAL COMPENSATION AND BENEFITS. 5.1 During the term of this Agreement, Employee will be entitled to participate in and receive the benefits of any stock option, stock ownership, ,' profit-sharing, or other plans, benefits and privileges given to employees and executives of Employer or its subsidiaries and affiliates which may come into existence hereafter, to the extent commensurate with his then duties and responsibilities, as fixed by Employer's Boards CEO or Board of Directors or any committee of such Boards Board or of Employer selected for such purpose; and, to the extent Employee is otherwise eligible and qualifies, to so participate in and receive such benefits or privileges. Employer shall not make any changes in such plans, benefits or privileges which would adversely affect Employee's rights or benefits thereunder, unless such change occurs pursuant to a program applicable to all executive officers (Vice President vice president or above) of Employer and does not result in a proportionately greater adverse change in the rights of or benefits to Employee as compared with any other executive officer of Employer. Nothing paid to Employee under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to Employee pursuant to Section 3.1 hereof.

ADDITIONAL COMPENSATION AND BENEFITS. 5.1 During the term of this the Agreement, Employee will be entitled to participate in and receive the benefits of any stock option, stock ownership, profit-profit sharing, or other plans, benefits and privileges given to employees and executives of the Employer or its their subsidiaries and affiliates which may come into existence hereafter, to the extent commensurate with his then duties and responsibilities, as fixed by Employer's Boards the Board of Directors of the Employer or any committee Committee of such Boards Board or of the Employer selected for such purpose; and, to the extent Employee is otherwise eligible and and-qualifies, to so participate in and receive such benefits or privileges. The Employer shall not make any changes in such plans, benefits or privileges which would adversely affect Employee's rights or benefits thereunder, unless such change occurs pursuant to a program applicable to all executive officers (Senior Vice President or above) of the Employer and does not result in a proportionately greater adverse change in the rights of or benefits to Employee as compared with any other executive officer of the Employer. Nothing paid to Employee under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary Total Compensation payable to Employee pursuant to Section 3.1 hereof.

ADDITIONAL COMPENSATION AND BENEFITS. 5.1 During the term of this Agreement, Employee will be entitled to participate in and receive the benefits of any stock option, stock ownership, profit-sharing, or other plans, benefits and privileges given to employees and executives of Employer or its subsidiaries and affiliates which may come into existence hereafter, to the extent commensurate with his then duties and responsibilities, as fixed by Employer's ’s Boards of Directors or any committee of such Boards or of Employer selected for such purpose; and, to the extent Employee is otherwise eligible and qualifies, to so participate in and receive such benefits or privileges. Employer shall not make any changes in such plans, benefits or privileges which would adversely affect Employee's ’s rights or benefits thereunder, unless such change occurs pursuant to a program applicable to all executive officers (Vice President or above) of Employer and does not result in a proportionately greater adverse change in the rights of or benefits to Employee as compared with any other executive officer of Employer. Nothing paid to Employee under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to Employee pursuant to Section 3.1 hereof.