Nonexclusivity of the Plan. Neither the adoption of the Plan by the Board nor the submission of the Plan to stockholders for approval shall be construed to limit the power of the Board or the Committee to adopt such other incentive arrangements as either may deem desirable, including without limitation, the award of stock and cash awards otherwise than under the Plan, or to set compensation and retirement benefits and make such awards to Mr. Melrose as either may deem desirable.
Appears in 5 contracts
Samples: Incentive Award Agreement (Toro Co), Chief Executive Officer Incentive Award Agreement (Toro Co), Chief Executive Officer Succession Incentive Award Agreement (Toro Co)
