Benefits During the Term Sample Clauses

Benefits During the Term. During the Term, the Executive will be covered by and receive benefits not specifically dealt with in this Agreement (such as the payment provisions set forth in Article V in the event of termination of employment, which are intended to be exclusive) under the benefit plans and programs maintained by the Company from time to time for its senior executives. The Executives shall also be entitled to such other perquisites of office as are generally provided from time to time by the Company to its senior executive officers. The Executive shall be reimbursed for all reasonable out-of-pocket expenses reasonably incurred by him in the performance of his duties hereunder, upon submission of appropriate documentation in accordance with the Company's written policies.
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Benefits During the Term. (a) During the Term, Bonczek shall not be eligible to participate in any life, hxxxxx xnd long-term disability insurance programs, pension and retirement programs, stock option and other incentive compensation programs, and other fringe benefit programs made available to senior executive employees of the Company from time to time. However, Bonczek shall be entitled to receive such other fringe benexxxx xx may be granted to him from time to time by the Company's Board of Directors.
Sample 1
Benefits During the Term. (a) During the Term, Xxxxxxx shall not be eligible to participate in any life, health and long-term disability insurance programs, pension and retirement programs, stock option and other incentive compensation programs, and other fringe benefit programs made available to senior executive employees of the Company from time to time. However, Xxxxxxx shall be entitled to receive such other fringe benefits as may be granted to him from time to time by the Company’s Board of Directors.
Sample 1
Benefits During the Term. Pine Valley Coal will make available to the Executive insured benefit plans and other employee benefits consistent with the policies of Pine Valley Coal customarily applicable to senior executives of Pine Valley Coal (the "Benefits") and Pine Valley Coal will make monthly Superannuation contributions to the account of the Executive equal 13% of the gross monthly Post-Acquisition Milestone Salary (the "Superannuation Plan"). Subject to the specific terms and conditions enumerated in this Agreement and the employment laws applicable to the Executive's employment by Pine Valley Coal, the terms and conditions of Benefits and Superannuation Plan will be determined by the plans or policies from time to time established or purchased by Pine Valley Coal, and Pine Valley Coal retains the right to establish new Benefits or a new Superannuation Plan and to modify or alter any Benefits and the Superannuation Plan from time to time and at any time in its sole discretion.
Sample 1
Benefits During the Term 
Sample 1

Related to Benefits During the Term

  • Compensation in the Event of Termination In the event that the Executive’s employment hereunder terminates prior to the expiration of this Agreement for any reason provided in Section 5 hereof, the Company shall pay the Executive, compensation and provide the Executive and the Executive’s eligible dependents with benefits as follows:

  • On Termination (a) An employee who voluntarily terminates his employment will be provided his final pay on the next regular payday.

  • In the Event of Termination After receipt of a notice of termination, except as otherwise directed, the AGENCY shall:

  • Compensation Upon Termination or During Disability In the event Executive is disabled or his employment terminates during the Employment Period, the Company shall provide Executive with the payments and benefits set forth below. Executive acknowledges and agrees that the payments set forth in this Section 8 constitute liquidated damages for termination of his employment during the Employment Period.

  • Duties in the Event of Termination In the event that, in connection with termination, a successor to any of USBFS’s duties or responsibilities hereunder is designated by the Trust by written notice to USBFS, USBFS will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by USBFS under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which USBFS has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from USBFS’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

  • Event of Termination As soon as reasonably practicable and in any event within two (2) Business Days after any Responsible Officer of the Borrower obtains knowledge of the occurrence of each Event of Termination or Incipient Event of Termination (if such Incipient Event of Termination is continuing on the date of such notice), the statement of a Responsible Officer of the Borrower setting forth the details of such Event of Termination or Incipient Event of Termination and the action which the Borrower is taking or proposes to take with respect thereto.

  • Right to Terminate Following Termination Event Sections 6(b)(ii)-(iv) are deleted in their entirety and replaced by the following:

  • Right to Terminate Following Event of Default If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

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