Common use of Benefits Plan Clause in Contracts

Benefits Plan. The Executive is entitled to full participation as a ------------- senior manager in IMCO's Benefits Plan, as amended from time to time, subject to the terms and conditions of IMCO's Benefits Plan's documents governing the various plans that are included within IMCO's Benefits Plan and applicable law (hereinafter referred to as " IMCO's Benefits Plan"); provided, however, that nothing contained in this Section 4.1 will be construed to obligate IMCO or the Company to provide any benefits other than those generally provided to senior managers under the IMCO's Benefits Plan. As of the date hereof, the benefits provided to the Executive under the IMCO's Benefits Plan include: a Group Life and Accidental Death and Dismemberment Insurance Program for Senior Management, a Group Long Term Disability Insurance Program, a Section "125" Plan, a Retirement Savings Plan, a major medical plan including hospital, physicians, prescription drugs and dental benefits, an educational assistance program, a vacation policy, a relocation expense policy, a restricted duty policy, a leave of absence policy and the other benefit policies identified in IMCO's Human Resources' Manual that are generally available to senior managers. Subject to Section 4.8 and Section 4.9 hereof, nothing contained herein shall affect the ability of the Company, IMCO or the IMCO Group, to terminate any IMCO Benefit Plan, or modify or amend the terms thereof.

Benefits Plan. The Executive is entitled to full participation as a ------------- senior manager in IMCO's Benefits Plan, as amended from time to time, subject to the terms and conditions of IMCO's Benefits Plan's documents governing the various plans that are included within IMCO's Benefits Plan and applicable law (hereinafter referred to as " "IMCO's Benefits Plan"); provided, however, that nothing contained in this Section 4.1 will be construed to obligate IMCO or the Company to provide any benefits other than those generally provided to senior managers under the IMCO's Benefits Plan. As of the date hereof, the benefits provided to the Executive under the IMCO's Benefits Plan include: a Group Life and Accidental Death and Dismemberment Insurance Program for Senior Management, a Group Long Term Disability Insurance Program, a Section "125" Plan, a Retirement Savings Plan, a major medical plan including hospital, physicians, prescription drugs and dental benefits, an educational assistance program, a vacation policy, a relocation expense policy, a restricted duty policy, a leave of absence policy and the other benefit policies identified in IMCO's Human Resources' Manual that are generally available to senior managers. Subject to Section 4.8 and Section 4.9 hereof, nothing contained herein shall affect the ability of the Company, IMCO or the IMCO Group, to terminate any IMCO Benefit Plan, or modify or amend the terms thereof.

Benefits Plan. The Executive is entitled to full participation as a ------------- senior manager in IMCO's ’s Benefits Plan, as amended from time to time, subject to the terms and conditions of IMCO's ’s Benefits Plan's ’s documents governing the various plans that are included within IMCO's ’s Benefits Plan and applicable law (hereinafter referred to as " “ IMCO's ’s Benefits Plan"”); provided, however, that nothing contained in this Section 4.1 will be construed to obligate IMCO or the Company to provide any benefits other than those generally provided to senior managers under the IMCO's ’s Benefits Plan. As of the date hereof, the benefits provided to the Executive under the IMCO's ’s Benefits Plan include: a Group Life and Accidental Death and Dismemberment Insurance Program for Senior Management, a Group Long Term Disability Insurance Program, a Section "“125" ” Plan, a Retirement Savings Plan, a major medical plan including hospital, physicians, prescription drugs and dental benefits, an educational assistance program, a vacation policy, a relocation expense policy, a restricted duty policy, a leave of absence policy and the other benefit policies identified in IMCO's ’s Human Resources' ’ Manual that are generally available to senior managers. Subject to Section 4.8 4.6 and Section 4.9 4.7 hereof, nothing contained herein shall affect the ability of the Company, IMCO or the IMCO Group, to terminate any IMCO Benefit Plan, or modify or amend the terms thereof.