Common use of Long-Term Incentive Compensation Program Clause in Contracts

Long-Term Incentive Compensation Program. The Executive shall be eligible to participate in a long-term incentive compensation program if, and to the extent, that the Company establishes such a program. If the Company does establish such a long-term incentive compensation program, the Executive shall be eligible to participate in the same manner as other senior executives of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Pacific Energy Partners Lp), Employment Agreement (Pacific Energy Partners Lp), Employment Agreement (Pacific Energy Partners Lp)

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Long-Term Incentive Compensation Program. The Executive shall be eligible to participate in a long-any long term incentive compensation program if, and to which the extent, that the Company establishes such a program. If the Company does Board of Directors may establish such a long-term incentive compensation program, the Executive shall be eligible to participate in the same manner as other for senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Unisphere Solutions Inc)

Long-Term Incentive Compensation Program. The Executive shall be eligible to participate in a long-term incentive compensation program if, and to the extent, that the Company establishes such a program. If the Company does establish such a Company's long-term incentive compensation program. If the Company establishes other incentive compensation programs, the Executive shall be eligible to participate in the same manner as other senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pacific Energy Partners Lp)

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Long-Term Incentive Compensation Program. The Executive shall be eligible to participate in a long-term incentive compensation program if, and to the extent, that the Company establishes such a program. If the Company does establish such a Company's long-term incentive compensation program, and shall receive an initial award of 25,000 restricted units, subject to such terms and conditions as may be imposed by the Company's board of directors. If the Company establishes other incentive compensation programs, the Executive shall be eligible to participate in the same manner as other senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Pacific Energy Partners Lp)

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