Common use of Employer Plans Clause in Contracts

Employer Plans. Executive will be eligible to participate on the same basis as similarly situated employees in Employer’s employee benefit plans and programs, as they may be interpreted, adopted, revised or deleted from time to time in Employer’s sole discretion, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and programs. All matters of eligibility for coverage or benefits under any benefit plan shall be determined in accordance with the provisions of such plan. Employer retains the unilateral right to amend, modify or terminate any of its employee benefit plans and programs at any time.

Appears in 11 contracts

Samples: Employment Agreement (Aclaris Therapeutics, Inc.), Employment Agreement (Aclaris Therapeutics, Inc.), Employment Agreement (Aclaris Therapeutics, Inc.)

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Employer Plans. Executive will be eligible to participate on the same basis as similarly situated part-time employees in Employer’s employee benefit plans and programs, as they may be interpreted, adopted, revised or deleted from time to time in Employer’s sole discretion, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and programs. All matters of eligibility for coverage or benefits under any benefit plan shall be determined in accordance with the provisions of such plan. Employer retains the unilateral right to amend, modify or terminate any of its employee benefit plans and programs at any time.

Appears in 1 contract

Samples: Employment Agreement (Aclaris Therapeutics, Inc.)

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