Customary Fringe Benefits. Executive shall be eligible for all customary and usual fringe benefits generally available to full-time employees of Employer, subject to the terms and conditions of Employer’s policies and benefit plan documents. Employer reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Notwithstanding the standard vacation policy provisions on vacation accrual rates, Executive shall be entitled to earn vacation at the rate of three weeks per year.
Appears in 11 contracts
Samples: Executive Employment Agreement (Meruelo Maddux Properties, Inc.), Executive Employment Agreement (Meruelo Maddux Properties, Inc.), Executive Employment Agreement (Meruelo Maddux Properties, Inc.)
