Common use of Retirement, Savings and Stock Option Plans Clause in Contracts

Retirement, Savings and Stock Option Plans. In addition to the Base Salary and Incentive Compensation payable as hereinabove provided, the Executive shall be entitled to participate in savings, stock options and other incentive plans and programs available to executives of the Company or to opportunities provided under any such plans in which he was participating immediately preceding the Effective Date, whichever is greater.

Appears in 4 contracts

Samples: Employment Agreement (Consumers Energy Co), Employment Agreement (CMS Energy Corp), Employment Agreement (CMS Energy Corp)

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Retirement, Savings and Stock Option Plans. In addition to the Base Salary and Incentive Compensation payable as hereinabove provided, the Executive shall be entitled to participate in savings, stock options and other incentive plans and programs available to executives of the Company Corporation or to opportunities provided under any such plans in which he was participating immediately preceding the Effective Date, whichever is greater.

Appears in 2 contracts

Samples: Employment Agreement (CMS Energy Corp), Employment Agreement (Consumers Energy Co)

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Retirement, Savings and Stock Option Plans. In addition to the Base Salary and Incentive Compensation payable as hereinabove provided, the Executive shall be entitled to participate in savings, stock options and other incentive plans and programs available to executives of the Company Companies or to opportunities provided under any such plans in which he was participating immediately preceding the Effective Date, whichever is greater.

Appears in 1 contract

Samples: Employment Agreement (CMS Energy Corp)

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