Common use of Employee Benefit Plans and Incentive Compensation and Other Compensatory Arrangements Clause in Contracts

Employee Benefit Plans and Incentive Compensation and Other Compensatory Arrangements. The benefits, if any, payable to or on behalf of Executive upon his termination of employment from the Company under any employee benefit plan or incentive compensation or other compensatory arrangement shall be governed by the terms and conditions for benefit payments set forth in such plans and arrangements.

Employee Benefit Plans and Incentive Compensation and Other Compensatory Arrangements. The benefits, if any, payable to or on behalf of Executive upon his termination of employment from the Company under any employee benefit plan or incentive compensation or other compensatory arrangement shall be governed by the terms and conditions for benefit payments set forth in such plans and arrangements.