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 any such plan, this Agreement shall be deemed to be automatically amended to include all applicable terms of each such plan. 6.2 Employee shall be qualified to participate in the XTO Energy 2004 Stock Incentive Plan, as amended, or any other similar subsequently adopted equity compensation plans. 6.3 Employer shall also provide the following employee benefits to Employee during the term of this Agreement:

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Xto Energy Inc), Employment Agreement (Xto Energy Inc)

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