Establishment of FTD Annual Incentive Plans. Prior to and effective as of the Distribution Date, FTD shall adopt annual incentive plans which shall permit the issuance of annual incentive awards on terms and conditions established in the discretion of the FTD Board of Directors and/or the Compensation Committee thereof.
Appears in 4 contracts
Samples: Employee Matters Agreement (FTD Companies, Inc.), Employee Matters Agreement (United Online Inc), Employee Matters Agreement (FTD Companies, Inc.)