Common use of Annual Incentive Plan Clause in Contracts

Annual Incentive Plan. The Company shall maintain an Annual Incentive Compensation Plan for executive officers in which the Employee shall be entitled to participate in a manner consistent with his position with the Company and the evaluations of his performance by the Board of Directors or any appropriate Committee thereof.

Appears in 4 contracts

Samples: Employment Agreement (Tesoro Petroleum Corp /New/), Employment Agreement (Tesoro Petroleum Corp /New/), Employment Agreement (Tesoro Petroleum Corp /New/)

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Annual Incentive Plan. The Company shall maintain establish an Annual Incentive Compensation Plan for executive officers in which the Employee shall be entitled to participate in a manner consistent with his position with the Company and the evaluations of his performance by the Board of Directors or any appropriate Committee committee thereof.

Appears in 2 contracts

Samples: Employment Agreement (Tesoro Petroleum Corp /New/), Employment Agreement (Tesoro Petroleum Corp /New/)

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