Common use of Benefit Program Clause in Contracts

Benefit Program. The Executive will be eligible to participate in the group insurance plans (“Insurance Plans”), retirement plans, and other benefits plans and arrangements (such retirement and other benefit plans and arrangements, together with the Insurance Plans, the “Benefit Program”) available to executives of the Company, as such plans may be or have been adopted from time to time in the Company’s discretion. Nothing in this Agreement shall affect the Company’s right to change insurance carriers and to adopt, amend, or terminate such plans and arrangements at any time. The Company will provide to the Executive the specific benefits listed on Schedule A hereto.