Common use of Other Incentive Plans Clause in Contracts

Other Incentive Plans. In addition to the foregoing, during the Term of this Agreement, Executive shall be a full participant in any and all incentive plans and equity compensation plans in which Senior Officers of the Holding Company or its Subsidiaries participate that are in effect on the date hereof or that may hereafter be adopted, with at least the same reward opportunities, if any, that are provided to other Senior Officers of the Holding Company and its Subsidiaries from time to time during the term of this Agreement. For purposes of this Agreement, the term “Senior Officers” is defined as the Senior Officers of the Holding Company who participate in the Incentive Bonus Plan as provided in Exhibit A attached hereto.

Appears in 4 contracts

Samples: Employment Agreement (Modtech Holdings Inc), Employment Agreement (Modtech Holdings Inc), Employment Agreement (Modtech Holdings Inc)

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Other Incentive Plans. In addition to the foregoing, during the Term of this Agreement, Executive shall be a full participant in any and all incentive plans and equity compensation plans in which Senior Officers of the Holding Company or its Subsidiaries participate that are in effect on the date hereof or that may hereafter be adopted, with at least the same reward opportunities, if any, that are provided to other Senior Officers of the Holding Company and its Subsidiaries from time to time during the term of this Agreement. For purposes of this Agreement, the term “Senior Officers” is defined as the Senior Officers of the Holding Company who participate in the Incentive Bonus Plan as provided in Exhibit A attached hereto.

Appears in 1 contract

Samples: Employment Agreement (Modtech Holdings Inc)

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