Common use of Incentive and Benefit Plans Clause in Contracts

Incentive and Benefit Plans. MEHTA shall be entitled to (a) participate in any Management Incentive Compensation Plans adopted by ELITE'S Board of Directors (provided any such plan is adopted upon a vote in which MEHTA abstains or does not cast a deciding vote) on a basis to be determined by the Board of Directors at such time; (b) participate in any stock option plan established by the Board of Directors; and (c) participate in, and benefit from, any and all pension, profit-sharing, life, dental, medical, and other group benefit plans provided to management and/or other employees of ELITE.