Document ID: 11678

Text:
(b) Executive shall be entitled to participate in any equity incentive plans or programs that are adopted by the Board of Directors or its Compensation Committee during the term of Executives employment as CEO and are generally made available to the Companys executive officers, subject to the eligibility requirements and the other terms and conditions thereof, including any performance, time or other vesting conditions; provided that it is understood and agreed that neither the Board nor its Compensation Committee shall be obligated to adopt any such incentive or bonus plans or programs.

Named Entities:
35
35
Role

Tokenized Text:
(
b
)
Executive
shall
be
entitled
to
participate
in
any
equity
incentive
plans
or
programs
that
are
adopted
by
the
Board
of
Directors
or
its
Compensation
Committee
during
the
term
of
Executives
employment
as
CEO
and
are
generally
made
available
to
the
Companys
executive
officers
,
subject
to
the
eligibility
requirements
and
the
other
terms
and
conditions
thereof
,
including
any
performance
,
time
or
other
vesting
conditions
;
provided
that
it
is
understood
and
agreed
that
neither
the
Board
nor
its
Compensation
Committee
shall
be
obligated
to
adopt
any
such
incentive
or
bonus
plans
or
programs
.