Common use of Future Grants Clause in Contracts

Future Grants. On and after the date hereof, during the Contract Term, the Compensation Committee shall in its discretion consider Executive for possible annual or other grants of Options under the LTIP on the same date or dates and on the same basis as other senior executives of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Exelon Generation Co LLC), Employment Agreement (Commonwealth Edison Co), Employment Agreement (Exelon Corp)

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Future Grants. On and after the date hereofAgreement Date, during the Contract Term, the Compensation Committee shall in its discretion consider Executive for possible annual or other grants of Options under the LTIP on the same date or dates and on the same basis as other senior executives of the Company, except that during the Transition Period such grants shall be in amounts which are not less than those granted to the other Co-Chief Executive Officer, if any, of the Company.

Appears in 1 contract

Samples: Employment Agreement (Commonwealth Edison Co)

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Future Grants. On and after the date hereof, during the Contract TermCommencing in 1999, the Compensation Committee shall in its discretion consider Executive for possible future annual or other grants of Options under the LTIP on the same date or dates and on the same basis as other senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Commonwealth Edison Co)

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