Employee Benefit Programs and Perquisites. During the Term of Employment, the Executive shall be entitled to participate in the Company's employee medical, dental and hospitalization plans, as well as any welfare or pension benefits made available to the Company's senior executives or to its employees generally, such as profit sharing, savings and other retirement plans or programs, 401(k), disability and life insurance plans, accidental death and dismemberment protection, and travel accident insurance. The Executive shall be entitled to annual vacations in accordance with the Company's policies applicable to senior executives generally and to an automobile allowance of $600 per month. The Executive shall be provided with other employee benefits and perquisites on the same basis as they are provided by the Company from time to time to the Company's other senior executives.
Employee Benefit Programs and Perquisites of the Agreement is hereby amended to add new paragraph (d) as follows:
Employee Benefit Programs and Perquisites. 3 (a) General............................................................. 3 (b) Reimbursement of Business Expenses.................................. 4 (c) Conditions of Employment............................................ 4
Employee Benefit Programs and Perquisites. Mr. Xxxxxxx xxxl be entitled to participate in such employee retirement, pension, welfare and fringe benefit plans, arrangements and programs of the Company as are made available to the Company's employees generally and to receive such additional benefits and perquisites as are made available to other senior level executives of the Company from time to time. The Company has assumed the obligations of Pulitzer Publishing Company ("PPC") under its split dollar life insurance agreement dated December 30,1996 with Dorix X. Xxxxxxx xxx Boatmen's Trust Company, as amended. Mr. Xxxxxxx xxxl be entitled to participate in any stock option, restricted stock or other equity-based plans or programs of the Company that are made available to other executives of the Company.
Employee Benefit Programs and Perquisites. Mr. Pulitzer will be entitled to participate in such employee retirement, pension, welfare and other fringe benefit plans, arrangements and programs of the Company as are made available to the Company's employees generally and to receive such additional benefits and perquisites (including, without limitation, participation in any stock option, restricted stock and other equity compensation plans or arrangements) as are made available to other senior level executives of the Company from time to time during the period for which he serves as Executive Chairman. The Company has assumed the obligations of Pulitzer Publishing Company ("PPC") under the split dollar life insurance Agreement dated December 27, 1996 between PPC and Richxxx X. Xxxxxx, xxustee, as amended.
Employee Benefit Programs and Perquisites. During the Term of Employment, the Executive shall be entitled to participate in the Company's employee medical, dental and hospitalization plans, as well as any welfare or pension benefits made available to the Company's senior executives or to its employees generally, such as profit sharing, savings and other retirement plans or programs, 401(k), disability and life insurance plans, accidental death and dismemberment protection, and travel accident insurance. During the term of this Agreement, the Company shall purchase for the Executive a supplemental disability insurance policy pursuant to which the Executive would be entitled to receive benefits such that his aggregate disability payments to age 65 pursuant to the Company's disability programs would be equal to his Base Salary in effect at the time he becomes disabled. The Company may purchase one or more "key man" insurance policies on the Executive's life, each of which will be payable to and owned by the Company. The Company, in its sole discretion, may select the amount and type of key man life insurance purchased, and the Executive will have no interest in any such policy. The Executive will cooperate with the Company in securing this key man insurance, by submitting to all required medical examinations, supplying all information and executing all documents required in order for the Company to secure the insurance. The Executive shall be entitled to annual vacations in accordance with the Company's policies applicable to senior executives generally and to an automobile allowance of $650 per month. The Executive shall be provided with other employee benefits and perquisites on the same basis as they are provided by the Company from time to time to the Company's other senior executives.
Employee Benefit Programs and Perquisites
