Benefits, etc. The Consultant shall be responsible for all personal income and other payroll taxes payable with respect to compensation received hereunder and accepts exclusive liability for all contributions required under social security laws and unemployment compensation laws or other payments under any laws of similar character for the Consultant. The Consultant shall not be entitled to receive any benefits under any employee benefit plan or program of any kind maintained by the Company.
Benefits, etc. Executive shall be entitled to receive such fringe benefits normally provided by the Corporation to executives in his position (including disability coverage, vacation, sick leave, medical and dental insurance, life insurance, participation in the Corporation's 401(k) Plan, incentive compensation plans and other benefits generally available to senior executives of the Corporation at any time during the term of this Agreement).
Benefits, etc. Executive shall be entitled to receive such fringe benefits normally provided by the Corporation to executives in his position (including life insurance and disability coverage, vacation, sickleave, medical and dental insurance, travel and accident insurance, participation in the Corporation' 401(k) Plan, stock options, incentive compensation plans, bonus plans and other benefits generally available to senior executives of the Corporation at any time during the term of this Agreement). The Corporation agrees during the Term hereof that it will not terminate any compensation plan or benefit program in which Executive participates or terminate Executive's participation in any such plan or program, unless an equitable agreement embodied in an ongoing substitute or alternative plan or program has been made except to the extent that Executive is receiving benefits pursuant to Section 9(b) hereof.
Benefits, etc. During the Term, Employee will be entitled to participate in all medical, hospital, major medical, life insurance and statutory disability coverage plans, all pension, retirement, and profit-sharing plans, option and incentive plans and all other employee benefit plans, in each case, which the Company or Probex may from time to time make generally available to other nonexecutive employees of the Company or Probex, on the same basis as such plan or plans and benefits are made generally available to such individuals (subject, however, to the provisions of such plans).
Benefits, etc. The following Sections of the PEA are hereby incorporated herein by reference: 5.1 ("Expenses"), 5.5 ("Company Benefits") and 5.6 ("Vacation; Sick Leave").
Benefits, etc. Centrecourt Asset Management shall be solely responsible for all federal, state and local taxes and related contributions attributable to the payments from the Company to Centrecourt Asset Management for consulting services. Centrecourt Asset Management acknowledges that Centrecourt Asset Management is an independent contractor for federal, state and local income and employment tax purposes. Centrecourt Asset Management shall be responsible for all personal income and other payroll taxes payable with respect to compensation received hereunder and accepts exclusive liability for all contributions required under social security laws and unemployment compensation laws or other payments under any laws of similar character for Centrecourt Asset Management. Centrecourt Asset Management shall not be entitled to receive any benefits under any employee benefit plan or program of any kind maintained by the Company.
Benefits, etc. The rights created by this Agreement shall inure to the benefit of, and the obligations created hereby shall be binding upon, the successors, heirs and assigns of the respective parties hereto.
Benefits, etc. The rights created by this Agreement shall inure to the benefit of, and the obligations created hereby shall be binding upon, the successors, heirs and permitted assigns, if any, of the respective parties hereto.
Benefits, etc. This Agreement shall be binding upon and inure to the benefit of the Corporation and its successors and assigns, and the Employee, his assigns and beneficiaries.
Benefits, etc. If Borrower fails to comply with ERISA so that proceedings are commenced to appoint a trustee under ERISA to administer Borrower's employee plans or the PBGC institutes proceedings to appoint a trustee to administer such plan(s), or a Lien is entered to secure any deficiency or claim or a "reportable event" as defined under ERISA occurs; orInvestigations. A determination by Lender that it is reasonable to conclude, based on one or more events which have occurred, such as an indictment, announcement of formal investigation or similar event, that Borrower is engaged, directly or indirectly, in any type of activity which would reasonably be likely to result in the forfeiture of property of Borrower to any governmental entity, federal, state or local, in an amount or of a value which would be material to Borrower's financial condition or business; orGuaranty Agreement. If any breach or default occurs under a Guaranty Agreement, or if a Guaranty Agreement, or any obligation to perform thereunder is terminated; orLiens. If any Lien in favor of Lender shall cease to be valid, enforceable and perfected and prior to all other Liens other than Permitted Liens or if Borrower or any Governmental Authority shall assert any of the foregoing; orMaterial Adverse Effect. If there is any change in Borrower's or any Guarantor's financial condition which, in Lender's reasonable good faith opinion, has or would be reasonably likely to have a Material Adverse Effect, orOther Loan Documents. If any other Person (other than Lender) party to a Loan Document, breaches or violates any material (as determined by Lender) term, provision or condition of such Loan Document;
