Common use of LTI Clause in Contracts

LTI. Executive will also be eligible to participate in the Company-sponsored Long Term Incentive plan ("The LTI Plan") for the 2023-2025 period. Should the Company and Executive meet the targets set forth in the LTI Plan, Executive will be eligible to receive certain payments or other benefits provided for by the terms of the LTI Plan. The LTI Plan will be presented to the Executive by the end of January 2023.

LTI. Executive will also be eligible to participate in the Company-sponsored Long Term term Incentive plan ("The LTI LTl Plan") for the 2023-2025 period). Should the Company [and Executive Executive] meet the targets set forth in the LTI Plan, Executive will be eligible to receive certain payments or other benefits provided for by $300.000 in cash at the terms end of the LTI Plandefined period. The LTI Plan plan will be presented to the Executive by the end during his first month of January 2023employment.