Common use of Discontinuance of Benefits Clause in Contracts

Discontinuance of Benefits. The Company stops providing you with benefits that, in the aggregate, are substantially as valuable to you as those you enjoyed immediately before the Change in Control (or, with respect to Section 3(b), the Potential Change in Control) under the Company’s pension, savings, deferred compensation, life insurance, medical, health, disability, accident, vacation, and fringe benefit plans, programs, and arrangements.

Appears in 11 contracts

Samples: Employment Agreement (Versar Inc), Employment Agreement (Versar Inc), Employment Agreement (Versar Inc)

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Discontinuance of Benefits. The Company stops providing you with benefits that, in the aggregate, are substantially as valuable to you as those you enjoyed immediately before the Change in Control (or, with respect to Section 3(b), the Potential Change in Control) under the Company’s 's pension, savings, deferred compensation, life insurance, medical, health, disability, accident, vacation, and fringe benefit plans, programs, and arrangements.

Appears in 7 contracts

Samples: Employment Agreement (Versar Inc), Employment Agreement (Versar Inc), Employment Agreement (Versar Inc)

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Discontinuance of Benefits. The Other than as part of an across-the-board change affecting all employees of similar status employed by the Company, the Company stops providing you with benefits that, in the aggregate, are substantially as valuable to you as those you enjoyed immediately before the Change in Control (or, with respect to Section 3(b), the Potential Change in Control) under the Company’s 's pension, savings, deferred compensation, life insurance, medical, health, disability, accident, vacation, and any other fringe benefit plans, programs, and arrangements.

Appears in 4 contracts

Samples: Executive Retention Agreement (Harding Lawson Associates Group Inc), Executive Retention Agreement (Harding Lawson Associates Group Inc), Retention Agreement (Harding Lawson Associates Group Inc)

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