Common use of Other Incentive Plans Clause in Contracts

Other Incentive Plans. Except as provided in the preceding Section 2(b)(ii) ("Annual Bonus"), during the Employment Period the Executive's participation in any incentive plans, programs or arrangements shall be determined by the Compensation Committee of the Champion Board of Directors from time to time, provided that Executive shall be entitled to participate in any such plan, program or arrangement to the extent such plan, program or arrangement commences after the third anniversary of the Effective Date at a level commensurate with other similarly situated executives of the Company.

Appears in 4 contracts

Samples: Executive Employment Agreement (Riverwood Holding Inc), Executive Employment Agreement (Riverwood Holding Inc), Executive Employment Agreement (Graphic Packaging International Corp)

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Other Incentive Plans. Except as provided in the preceding Section 2(b)(ii) ("Annual Bonus"), during the Employment Period the Executive's participation in any incentive plans, programs or arrangements shall be determined by the Compensation Committee of the Champion Riverwood Board of Directors from time to time, provided that Executive shall be entitled to participate in any such plan, program or arrangement to the extent such plan, program or arrangement commences after the third anniversary of the Effective Date at a level commensurate with other similarly situated executives of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Riverwood Holding Inc), Executive Employment Agreement (Graphic Packaging International Corp)

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