Incentive Award. The Executive will be entitled to receive incentive awards if and to the extent that the Board of Directors determines in good faith that the Executive’s performance merits payment of an award according to the terms of any incentive compensation plans applicable to key members of the Company’s management team.
Appears in 2 contracts
Samples: Employment Agreement (Pepco Holdings Inc), Employment Agreement (Pepco Holdings Inc)
Incentive Award. The Executive will be entitled to receive incentive awards if and to the extent that the Board of Directors determines in good faith that the Executive’s 's performance merits payment of an award according to the terms of any incentive compensation plans applicable to key members of the Company’s 's management team.
Appears in 2 contracts
Samples: Employment Agreement (Pepco Holdings Inc), Employment Agreement
Incentive Award. The Executive will be entitled to receive incentive awards if and to the extent that the Board of Directors determines in good faith that the Executive’s performance merits payment of an award according to the terms of any incentive compensation plans applicable to key members of the Company’s management team.'s
Appears in 2 contracts
Samples: Employment Agreement (Atlantic City Electric Co), Employment Agreement
