Common use of EQUITY INCENTIVE SCHEME Clause in Contracts

EQUITY INCENTIVE SCHEME. Executive may also be eligible to participate in any equity incentive plan or arrangement that may be adopted from time to time by the Board of Directors of the Company’s. To the extent Executive is eligible and the Board if Directors determines that Executive is to be granted any type of equity incentive, the Company and Executive will enter into a separate agreement setting forth the terms and conditions of such participation.