Performance Incentive Plan. Executive shall participate in the Company's 1997 Performance Incentive Plan. The discretionary portion of the bonus shall be determined by the Compensation Committee. If the Company shall amend or terminate the 1997 Performance Incentive Plan in a manner that would reduce the opportunity of Executive to earn an incentive bonus as provided in the 1997 Performance Incentive Plan, the Company shall provide a substitute arrangement so that Executive's total bonus opportunity will not be materially reduced.
Appears in 2 contracts
Sources: Employment Agreement (RSL Communications LTD), Employment Agreement (RSL Communications LTD)