Additional Compensation Plans. In addition to the above compensation, and at the Company’s discretion, you will be eligible to participate in other compensation plans and programs available to executives at your level (“Additional Compensation Plans”), including, by way of example, the Time Warner Cable Long Term Incentive Plan (“LTIP”). The Company shall maintain full discretion to amend, modify or terminate such Additional Compensation Plans, and full discretion over the decision to award you compensation under such Additional Compensation Plans and the amount of such an award. Subject to the Company’s full discretion, your performance and the Company’s performance, your 2006 target award under the LTIP will be a mix of cash and equity plans which in the Company’s determination has a value of $1,300,000.
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Additional Compensation Plans. In addition to the above compensation, and at the Company’s discretion, you will be eligible to participate in other compensation plans and programs available to executives at your level (“Additional Compensation Plans”), including, by way of example, the Time Warner Cable Long Term Incentive Plan (“LTIP”). The Company shall maintain full discretion to amend, modify or terminate such Additional Compensation Plans, and full discretion over the decision to award you compensation under such Additional Addition Compensation Plans Plan and the amount of such an award. .
3.4.1 Subject to the Company’s full discretion, your performance and the Company’s performance, and the terms of the LTIP, during the term of this agreement, your 2006 annual awards under paragraphs 3.3 and 3.4 will have a minimum target award under the LTIP will be a mix of cash and equity plans which in the Company’s determination has a value of $1,300,000.
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