Common use of Incentive and Deferred Compensation Clause in Contracts

Incentive and Deferred Compensation. This Agreement governs the rights and obligations of Employee and Corporation with respect to Employee's base salary, incentive compensation pursuant to Section 3.8 and certain perquisites of employment. Employee's rights and obligations both during the term of his employment and thereafter with respect to stock options, restricted stock, incentive and deferred compensation (other than incentive compensation payable pursuant to Section 3.8), life insurance policies insuring the life of Employee, and other benefits under the plans and programs maintained by Corporation shall be governed by the separate agreements, plans and other documents and instruments governing such matters.

Incentive and Deferred Compensation. This Agreement governs the rights and obligations of Employee and Corporation with respect to Employee's base salary, incentive compensation pursuant to Section 3.8 and certain perquisites of employment. Employee's rights and obligations both during the term of his employment and thereafter with respect to stock options, restricted stock, incentive and deferred compensation (other than incentive compensation payable pursuant to Section 3.8), life insurance policies insuring the life of Employee, and other benefits under the plans and programs maintained by Corporation shall be governed by the separate agreements, plans and other documents and instruments governing such mattersmatters (including, without limitation, the Restricted Stock Agreement and Stock Option Agreement referenced in Exhibits A and B hereof).