Common use of Without Executive Clause in Contracts

Without Executive. s express written consent, after a Change of Control, the failure by the Company or by any person, as that term is used in Section 13(d) and 14(d) of the Exchange Act, in control of the Company to continue in effect any benefit or incentive plan or arrangement (except any benefit plan or arrangement which expires by its own terms then in effect upon the occurrence of a Change of Control) in which Executive is participating at the time of the Change of Control, unless a replacement plan or arrangement with at least substantially similar terms is provided to Executive; or

Without Executive. s express written consent, after a Change of Control, the failure by the Company or by any person, as that term is used in Section 13(d) and 14(d) of the Exchange Act, in, control of the Company to increase Executive's annual base compensation or annual bonus at Standard (or equivalent) rating at the times and in comparable amounts as they are increased for similarly situated senior executive officers of the Company and of any person, as that term is used in Section 13(d) and 14(d) of the Exchange Act, in control of the Company to continue in effect any benefit or incentive plan or arrangement (except any benefit plan or arrangement which expires by its own terms then in effect upon the occurrence of a Change of Control) in which Executive is participating at the time of the Change of Control, unless a replacement plan or arrangement with at least substantially similar terms is provided to ExecutiveCompany; or