Common use of Executive Stock Based Incentive Plan Clause in Contracts

Executive Stock Based Incentive Plan. The Executive shall be eligible to participate in and receive such equity incentive compensation as may be granted by the Compensation Committee from time to time pursuant to the Everest Re Group, Ltd. 2010 Stock Incentive Plan as such plan may then be in effect and as it may be amended or superseded from time to time or any successor plan (the "Stock Plan"). All awards to the Executive under the Stock Plan shall be determined by the Compensation Committee in its discretion. Except as expressly set forth in this Agreement, all equity awards shall be subject to the terms of the Stock Plan. With respect to all outstanding and unvested Performance Share Unit Award Agreements granted to Executive, the following sections of each such agreement shall be deemed amended as follows:

Executive Stock Based Incentive Plan. The Executive shall be eligible to participate in and receive such equity incentive compensation as may be granted by the Compensation Committee from time to time pursuant to the Everest Re Group, Ltd. 2010 Stock Incentive Plan Plan, as such plan may then be in effect and as it may be amended or superseded from time to time or any successor plan (the "Stock Plan"). All awards to the Executive under the Stock Plan shall be determined by the Compensation Committee in its discretion. Except as expressly set forth in this Agreement, all equity awards shall be subject to the terms of the Stock Plan. With respect to all outstanding and unvested Performance Share Stock Unit Award Agreements granted to Executive, the following sections of each such agreement shall be deemed amended as follows:

Executive Stock Based Incentive Plan. The Executive shall be eligible to participate in and receive such equity incentive compensation as may be granted by the Compensation Committee from time to time pursuant to the Everest Re Group, Ltd. 2010 Stock Incentive Plan Plan, as such plan may then be in effect and as it may be amended or superseded from time to time or any successor plan (the "Stock Plan"). All awards to the Executive under the Stock Plan shall be determined by the Compensation Committee in its discretion. Except as expressly set forth in this Agreement, all equity awards shall be subject to the terms of the Stock Plan. With respect to all outstanding and unvested Performance Share Unit Award Agreements granted to Executive, the following sections of each such agreement shall be deemed amended as follows:

Executive Stock Based Incentive Plan. The Executive shall be eligible to participate in and receive such equity incentive compensation as may be granted by the Compensation Committee from time to time pursuant to the Everest Re Group, Ltd. 2010 Stock Incentive Plan (as amended by shareholders in 2015), as such plan may then be in effect and as it may be amended or superseded from time to time or any successor plan (the "Stock Plan"). All awards to the Executive under the Stock Plan shall be determined by the Compensation Committee in its discretion. Except as expressly set forth in this Agreement, all equity awards shall be subject to the terms of the Stock Plan. With respect to all outstanding and unvested Performance Share Unit Award Agreements granted to Executive, the following sections of each such agreement shall be deemed amended as follows: