Benefits and Business Expenses Clause Samples
Benefits and Business Expenses. During the term hereof:
(a) The Executive shall be entitled to continue his participation in programs maintained by the Company for the benefit of its employees and officers and to participate in new or amended programs, including, but not limited to, medical, health, life, accident and disability insurance programs, pension plans, incentive compensation plans, stock option plans, stock appreciation rights plans, and limited stock appreciation rights plans. The Company shall not terminate nor amend such plans to the detriment of the Executive.
(b) To the extent that the Company has provided the Officer with an automobile, club memberships, association and trade memberships and other memberships prior to the change of control, the Company shall continue to provide the Officer with such items, of a comparable nature, following a Change of Control. The Company shall pay the expenses of such automobile, memberships and subscriptions.
(c) The Executive shall be reimbursed for any business expenses reasonably incurred in carrying out his duties, functions and responsibilities upon presentation of expense reports to the Company.
Benefits and Business Expenses. During the term hereof:
(a) The Executive shall be entitled to continue his participation in programs maintained by the Company for the benefit of its employees and officers and to participate in new or amended programs, including, but not limited to, medical, health, life, accident and disability insurance programs, pension plans, incentive compensation plans, stock option plans, stock appreciation rights plans, and limited stock appreciation rights plans. The Company shall not terminate nor amend such plans to the detriment of the Executive.
Benefits and Business Expenses. During Executive's employment with Employer, Executive shall be entitled to such vacation, life insurance, health plan coverage, sick leave, retirement benefits and other benefits customarily provided by Employer to its employees in accordance with the terms of such plans or practices. Employer will reimburse Executive for bona fide business expenses that Employee incurs in carrying out his duties under this Agreement, provided that Executive follows such expense reimbursement policies and practices as Employer shall promulgate from time to time.
Benefits and Business Expenses. The CFO will be eligible to participate in all social benefits provided by the Company including Healthcare, 401K, and will be reimbursed by the Company for all expenses incurred in the roll of CFO as determined appropriate by the CEO.
Benefits and Business Expenses. (a) During the Employment Term, Executive shall be entitled to participate in retirement, welfare benefit, incentive compensation, perquisite and other plans and arrangements as shall be offered by the Company and in effect from time to time.
(b) During the Employment Term, the Company shall reimburse such of Executive’s travel, entertainment and other business expenses as are reasonably and necessarily incurred by Executive during the Employment Term in the performance of his duties hereunder, in accordance with the Company’s policies as in effect from time to time.
Benefits and Business Expenses. You will be entitled to participate in or receive all heath and dental insurance benefits under the Company's employee benefit plans and policies in effect from time to time. The Company will pay such portion of the premiums for such coverage as it provides to other Massachusetts-based employees through August 15, 2001. The Company may change, amend, modify or completely eliminate any benefit plan from time to time. You will be entitled to reimbursement for necessary and reasonable business expenses (i) incurred by you under the terms and conditions of the Agreement as in effect prior to this Amendment prior to November 22, 2000 and (ii) incurred by you from November 22, 2000 through August 15, 2001 pursuant to the prior written authorization of the President or the Chief Operating Officer of the Company.
Benefits and Business Expenses