Common use of Incentive and Deferred Compensation Clause in Contracts

Incentive and Deferred Compensation. Executive shall be eligible to participate in all incentive and deferred compensation programs available to other executives or officers of the Company, such participation to be in the same form, under the same terms, and to the same extent that such programs are made available to other such executives or officers. Nothing in this Employment Agreement shall be deemed to require the payment of bonuses, awards, or incentive compensation to Executive if such payment would not otherwise be required under the terms of the Company’s incentive compensation programs.

Incentive and Deferred Compensation. The Executive shall be eligible to participate in all incentive and deferred compensation programs available to other executives or officers of the CompanyEmployer, such participation to be in the same form, under the same preconditions and terms, and to the same extent that such programs are made available to other such executives or officers. Nothing in this Employment Agreement shall be deemed to require the payment of bonuses, awards, or incentive compensation to the Executive if such payment would not otherwise be required under the terms of the Company’s incentive compensation programsprograms of the Employer.