Common use of During the Term of Employment Clause in Contracts

During the Term of Employment. (a) The Employee shall be entitled to participate in employee benefit plans and programs of the Company to the extent that his position, tenure, salary, age, health and other qualifications make him eligible to participate. Such benefits shall include participation in the Princeton Video Image 1993 Stock Option Plan, as amended. The Company does not guarantee the adoption or continuance of any particular employee benefit plan or program during the Term of Employment, and the Employee's participation in any such plan or program shall be subject to the provisions, rules, regulations and laws applicable thereto; provided, however, that the Employee shall be entitled to health and hospital insurance benefits consistent with the past practices of the Company in effect with respect to Company personnel generally.

Appears in 7 contracts

Samples: Employment Agreement (Princeton Video Image Inc), Employment Agreement (Princeton Video Image Inc), Employment Agreement (Princeton Video Image Inc)

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