Common use of Incentive Compensation and Other Benefits Clause in Contracts

Incentive Compensation and Other Benefits. 6.1 Employer shall pay to Employee cash incentive compensation as shall be determined by the Board (or any committee thereof) from time to time. Employee shall be entitled to participate in any such plan established at a level to provide Employee compensation commensurate with Employee's position and responsibilities. Upon the establishment of such plans, this Agreement shall be deemed to be automatically amended to include all applicable terms of such plans. 6.2 Employee shall be qualified to participate in grants of options to purchase units in a royalty trust pursuant to any current, or future Royalty Trust Option Plans or any other similar subsequently adopted royalty trust option plans. Employee shall also be qualified to participate in grants of Stock Options, Incentive Stock Options or Performance Shares to purchase or receive common stock of Ness Energy Stock Incentive Plans or any other similar subsequently adopted stock plans. Employee shall receive $2,000 worth of one year restricted stock and each calendar month. The number of shares to be paid is determined by Dividing $2,000 by the average closing price of the month. Such share to be issued within 15 calendar days following the close of a calendar month. 6.3 Employer shall also provide the following employee benefits to Employee during the term of this Agreement:

Incentive Compensation and Other Benefits. 6.1 Employer shall pay to Employee cash incentive compensation as shall be determined by the Board (or any committee thereof) from time to time. Employee shall be entitled to participate in any such plan established at a level to provide Employee compensation commensurate with Employee's ’s position and responsibilities. Upon the establishment of such plans, this Agreement shall be deemed to be automatically amended to include all applicable terms of such plans. 6.2 Employee shall be qualified to participate in grants of options to purchase units in a royalty trust pursuant to any current, or future Royalty Trust Option Plans or any other similar subsequently adopted royalty trust option plans. Employee shall also be qualified to participate in grants of Stock Options, Incentive Stock Options or Performance Shares to purchase or receive common stock of Ness Energy Stock Incentive Plans or any other similar subsequently adopted stock plans. Employee shall receive $2,000 worth of one year restricted stock and each calendar month. The number of shares to be paid is determined by Dividing $2,000 by the average closing price of the month. Such share to be issued within 15 calendar days following the close of a calendar month. 6.3 Employer shall also provide the following employee benefits to Employee during the term of this Agreement: