Common use of Long-Term Incentives Clause in Contracts

Long-Term Incentives. The Executive shall be eligible to participate in the Company’s long-term incentive plan, as such shall be amended or superseded from time to time provided, however, that nothing in this Section 5.4 shall be construed as obligating the Company or the Board to refrain from changing, and/or amending the long-term incentive plan, so long as such changes are equally applicable to all executive employees in the Company.

Appears in 13 contracts

Samples: Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp)

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Long-Term Incentives. The Executive shall be eligible to participate in the Company’s long-term incentive plan, as such shall be amended or superseded from time to time time; provided, however, that nothing in this Section 5.4 shall be construed as obligating the Company Company, the Board or the Board Compensation Committee to refrain from changing, and/or amending the long-term incentive plan, so long as such changes are equally applicable to all executive employees in of the Company.

Appears in 8 contracts

Samples: Employment Agreement (TherapeuticsMD, Inc.), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

Long-Term Incentives. The Executive shall be eligible to participate in the Company’s long-term incentive plan, as such shall be amended or superseded from time to time time; provided, however, that nothing in this Section 5.4 shall be construed as obligating the Company Company, the Board or the Board Compensation Committee to refrain from changing, and/or amending the long-long term incentive plan, so long as such changes are equally applicable to all executive employees in comparable senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Dendreon Corp)

Long-Term Incentives. The Executive shall be eligible to participate in the Company’s 's long-term incentive plan, as such shall be amended or superseded from time to time provided, however, that nothing in this Section 5.4 shall be construed as obligating the Company or the Board to refrain from changing, and/or amending the long-term incentive plan, so long as such changes are equally applicable to all executive employees in the Company.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

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Long-Term Incentives. The Executive shall be eligible to participate in the Company’s long-term incentive plan, as such shall be amended or superseded from time to time time; provided, however, that that, subject to Section 1.3(b) above, nothing in this Section 5.4 shall be construed as obligating the Company Company, the Board or the Board Compensation Committee to refrain from changing, and/or amending the long-term incentive plan, so long as such changes are equally applicable to all executive employees in of the Company.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

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