Common use of Incentive Compensation and Other Plans Clause in Contracts

Incentive Compensation and Other Plans. A reduction of Executive’s bonus, incentive, and other compensation award opportunities under PremierWest Bancorp’s benefit plans and the Bank’s benefit plans, unless in the case of either, a company-wide reduction of all officers’ award opportunities occurs simultaneously,

Appears in 5 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp), Employment Agreement (Premierwest Bancorp), Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp)

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Incentive Compensation and Other Plans. A reduction of Executive’s 's bonus, incentive, and other compensation award opportunities under PremierWest Bancorp’s 's benefit plans and the Bank’s 's benefit plans, unless in the case of either, a company-wide reduction of all officers' award opportunities occurs simultaneously,;

Appears in 1 contract

Samples: Employment Agreement (Premierwest Bancorp)

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