Common use of Employment Benefit Plans Clause in Contracts

Employment Benefit Plans. Stealth agrees to provide to the Employee, during the Employment Period, hospitalization and other medical and health benefits, life insurance, paid holidays, paid vacation and other benefits on terms and conditions equivalent to those provided by Stealth to other senior executives of Stealth as of the date immediately preceding the date of this Agreement. Further, until March 31, 2006, Stealth shall use its best efforts to maintain in force and effect, and the employee shall continue to be eligible to participate in, the employee benefit plans maintained by Stealth on the date hereof. Thereafter, during the remainder of the term of his employment under this Agreement, the Employee shall be eligible to participate in such employee benefit plans as Micronetics shall establish or maintain from time to time for senior executives of Micronetics, Inc. and its subsidiaries; provided however, the employee benefits provided for in this Section 5 shall be in addition to those provided for in other Sections of this Agreement.

Employment Benefit Plans. Stealth agrees to provide to the Employee, during the Employment Period, hospitalization and other medical and health benefits, life insurance, paid holidays, paid vacation and other benefits on terms and conditions equivalent to those provided by Stealth to other senior executives of Stealth as of the date immediately preceding the date of this Agreement. Further, until March 31, 2006, Stealth shall use its best efforts to maintain in force and effect, and the employee shall continue to be eligible to participate in, the employee benefit plans maintained by Stealth on the date hereofCommencement Date. Thereafter, during the remainder of the term of his employment under this Agreement, the Employee shall be eligible to participate in such employee benefit plans as Micronetics shall establish or maintain from time to time for senior executives of Micronetics, Inc. and its subsidiaries; provided however, the employee benefits provided for in this Section 5 shall be in addition to those provided for in other Sections of this Agreement.