Most Favoured Nation Provision. If there is a conflict between the provisions of this Agreement and the provisions of any incentive compensation plans, benefit plans, pension plans, any other perquisites payable, or any basis of compensation or the payment of benefits to the Executive generally, the parties acknowledge and agree that it is the intent of this Agreement that the Executive shall receive the maximum of the amounts owing to him hereunder or thereunder and in no event shall the Executive be disadvantaged as a result of such a conflict.
Appears in 4 contracts
Samples: Executive Employment Agreement (Hemisphere Energy Corp), Executive Employment Agreement (Hemisphere Energy Corp), Executive Employment Agreement (Hemisphere Energy Corp)