Common use of Position and Compensation Clause in Contracts

Position and Compensation. The Executive currently is serving as an ------------------------- executive officer of the Company and is receiving the following compensation (the "Compensation") for his services: (a) a base salary (which amount may be increased as the Company may determine and such increased rate of base salary shall thereafter constitute the Executive's base salary for all purposes of this Agreement), (b) an annual performance bonus (in accordance with the Company's Executive Incentive Bonus Plan then in effect), and (c) participation in all of the Company's employee benefits plans, including retirement and pension plans, life insurance plans, health, dental and medical plans which are, from time to time, made available by the Company to its executive officers, subject to the terms of such plans.

Position and Compensation. The Executive currently is serving as an ------------------------- executive officer of the Company and is receiving the following compensation (the "Compensation") for his services: (a) a base salary (which amount may be increased as the Company may determine and such increased rate of base salary shall thereafter constitute the Executive's base salary for all purposes of this Agreement), (b) an annual performance bonus (in accordance with the Company's Executive Incentive Bonus Plan then in effect), and (c) participation in all of the Company's employee benefits plans, including retirement and pension plans, life insurance plans, health, dental and medical plans which are, from time to time, made available by the Company to its executive officerssimilar executives, subject to the terms of such plans.

Position and Compensation. The Executive currently is serving as an ------------------------- executive officer of the Company and is receiving the following compensation (the "Compensation") for his services: (a) a base salary (which amount may be increased as the Company may determine and such increased rate of base salary shall thereafter constitute the Executive's base salary for all purposes of this Agreement), (b) an annual performance bonus (in accordance with the Company's [Executive Incentive Bonus Plan Plan] then in effect), and (c) participation in all of the Company's employee benefits plans, including retirement and pension plans, life insurance plans, health, dental and medical plans which are, from time to time, made available by the Company to its executive officerssimilar executives, subject to the terms of such plans.