Compensation, Including Equity Sample Clauses

Compensation, Including Equity. During the Transition Period, you will continue to be paid your current base salary of $405,000, less applicable deductions and withholdings. In accordance with the Company’s policy on performance bonuses, you will not be eligible to earn a performance bonus for calendar year 2011 as your Separation Date will be prior to the date of determination and payment of the bonus for all regular employees. During the Transition Period, the Company will continue to provide you an opportunity to participate in the Company’s broad-based employee benefits programs subject to the terms and conditions of those programs. Nothing in this Agreement or the attached release modifies the terms of your currently outstanding compensatory equity awards from the Company (collectively, the “Equity Awards”). These Equity Awards will continue to be subject to their existing terms and conditions, and will continue vesting during the Transition Period as set forth in the applicable governing plan documents and agreements between you and the Company.