Common use of Pension and Profit Sharing Plans Clause in Contracts

Pension and Profit Sharing Plans. Executive shall be entitled to participate in any pension or profit sharing plan or other type of plan adopted by Company for the benefit of its officers and/or regular employees. Executive shall be entitled to receive stock incentives from Company, said incentives may be in the form of Stock Option, Warrants or other form of stock of the Company. Such Stock incentives are to be approved by the Board of Directors. Executive will also have the right to sell his stock from time to time, as per SEC regulations.

Appears in 6 contracts

Samples: Executive Employment Agreement (GoldLand Holdings Corp.), Executive Employment Agreement (GoldLand Holdings Corp.), Executive Employment Agreement (GoldLand Holdings Corp.)

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Pension and Profit Sharing Plans. Executive shall be entitled entitles to participate in any pension or profit sharing plan or other type of plan adopted by Company for the benefit of its officers and/or regular employees. Executive shall be entitled to receive stock incentives from Company, said incentives may be in the form of Stock Option, Warrants or other form of stock of the Company. Such Stock incentives are to be approved by the Board of Directors. Executive will also have the right to sell his stock from time to time, as per SEC regulations.

Appears in 2 contracts

Samples: Executive Employment Agreement (Dicut Inc), Executive Employment Agreement (Dicut Inc)

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Pension and Profit Sharing Plans. Executive shall be entitled entitles to participate in any pension or profit sharing plan or other type of plan adopted by Company for the benefit of its officers and/or regular employees. Executive shall be entitled to receive stock incentives from Company, said incentives may be in the form of Stock OptionOptions, Warrants or other form of stock of the Company. Such Stock incentives are to be approved by the Board of Directors. Executive will also have the right to sell his stock from time to time, as per SEC regulations.

Appears in 1 contract

Samples: Executive Employment Agreement (Silver Dragon Resources, Inc.)

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