Common use of EMPLOYEE STOCK INCENTIVE PLAN Clause in Contracts

EMPLOYEE STOCK INCENTIVE PLAN. Executive shall be eligible to receive equity compensation grants under the Vitesse Semiconductor Corporation 2013 Incentive Plan or any successor equity compensation program approved by the Board (“SIP”), with the amount of any such compensation to be determined by the Board and consistent with his position as Chief Executive Officer.

EMPLOYEE STOCK INCENTIVE PLAN. Executive shall be eligible to receive equity compensation grants under the Vitesse Semiconductor Corporation 2013 2001 Stock Incentive Plan or any successor equity compensation program approved by the Board (“SIP”), with the amount of any such compensation to be ) as determined by the Board of Directors of Vitesse or any duly authorized committee thereof (the “Board”) and consistent with his position as Chief Executive Officer.

EMPLOYEE STOCK INCENTIVE PLAN. (a) Executive shall be eligible to receive equity compensation grants awards under the Vitesse Semiconductor Corporation 2013 2001 Stock Incentive Plan or any successor equity compensation program approved by the Board (“SIP”), with the amount of any such compensation to be ) as determined by the Board of Directors of Vitesse or any duly authorized committee thereof (the “Board”) and consistent with his position as Chief Financial Officer. Vitesse and Executive Officerfurther agree that Executive’s equity compensation position shall be reviewed not less than once per year from the Effective Date of this Agreement.

EMPLOYEE STOCK INCENTIVE PLAN. Executive shall be eligible to receive equity compensation grants under the Vitesse Semiconductor Corporation 2013 2010 Incentive Plan or any successor equity compensation program approved by the Board (“SIP”), with the amount of any such compensation to be determined by the Board and consistent with his position as Chief Executive Officer.