Common use of BENEFITS DURING THE TRANSITION PERIOD Clause in Contracts

BENEFITS DURING THE TRANSITION PERIOD. Provided the Officer complies with the terms of this Agreement, the Officer will receive during the Transition Period all benefits customarily provided to officers of the Company, including, but not limited to salary, bonuses, executive bonuses, and the continued vesting of any granted stock options, as if the Officer's employment as an officer had continued during that period. "Customarily provided" refers to Company practices and plans with respect to officer benefits and compensation in effect as of the Termination Date. For purposes of this provision, however, it will be understood that the Officer, during the Transition Period, will not be entitled to any new grants of interest in future executive bonus pools, nor to any new grants of stock options. It will be further understood that the Officer will not be entitled to payment of any compensation that is deferred past the Transition Period due to payment criteria of an incentive program, as those criteria existed as of the Termination Date. No action by the Company or the Company's Board of Directors may affect the Officer's receipt of the benefits set forth above, other than as provided herein.

BENEFITS DURING THE TRANSITION PERIOD. Provided the Officer Employee complies with the terms of this Agreement, the Officer Employee will receive during the Transition Period all benefits customarily provided Customarily Provided (as defined below) to officers similarly situated employees of the Company, including, but not limited to to, any applicable salary, bonuses, executive bonusesbonus, and the continued vesting of any granted stock options, as if the OfficerEmployee's employment as an officer had continued during that period. The term "Customarily providedProvided" refers to Company practices and plans with respect to officer employee benefits and compensation in effect as of the Termination Date. For purposes of this provision, however, it will be is understood that the OfficerEmployee, during the Transition Period, will not be entitled to any new grants of interest in any applicable future executive bonus poolspool, nor to any new grants of stock options. It will be is further understood that the Officer Employee will not be entitled to payment of any compensation that is deferred past the Transition Period due to payment criteria of an any incentive program, as those criteria existed as of the Termination Date. No action by the Company or the Company's Board of Directors may affect the OfficerEmployee's receipt of the benefits set forth above, other than as provided herein.