Incentive Compensation Plan. The Executive shall be entitled to participate in an Incentive Compensation Plan in accordance with the terms and conditions of the Company’s Incentive Compensation Plan, as amended from time to time and as outlined in the Company’s Employment Policies and Procedures. (a) The payment of an Incentive Compensation payment in any year shall not be considered a precedent for any later year and the payment shall not xxxxxx the absolute discretion of the Board in future years to pay or not to pay an Incentive Compensation payment. (b) The Company retains the right to unilaterally revise the Incentive Compensation Plan at any time, up to and including its complete discontinuance, at its sole discretion.
Appears in 4 contracts
Samples: Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp), Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp), Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp)
Incentive Compensation Plan. The Executive shall be entitled to participate in an Incentive Compensation Plan in accordance with the terms and conditions of the Company’s 's Incentive Compensation Plan, as amended from time to time and as outlined in the Company’s 's Employment Policies and Procedures.
(a) The payment of an Incentive Compensation payment in any year shall not be considered a precedent for any later year and the payment shall not xxxxxx the absolute discretion of the Board in future years to pay or not to pay an Incentive Compensation payment.
(b) The Company retains the right to unilaterally revise the Incentive Compensation Plan at any time, up to and including its complete discontinuance, at its sole discretion.
Appears in 2 contracts
Samples: Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp), Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp)
Incentive Compensation Plan. The Executive shall be entitled to participate in an a Incentive Compensation Plan in accordance with the terms and conditions of the Company’s 's Incentive Compensation Plan, as amended from time to time and as outlined in the Company’s 's Employment Policies and Procedures.
(a) The payment of an Incentive Compensation payment in any year shall not be considered a precedent for any later year and the payment shall not xxxxxx the absolute discretion of the Board in future years to pay or not to pay an Incentive Compensation payment.
(b) The Company retains the right to unilaterally revise the Incentive Compensation Plan at any time, up to and including its complete discontinuance, at its sole discretion.
Appears in 1 contract
Samples: Executive Employment Agreement (INFINITY REAL ESTATE HOLDINGS Corp)
