Common use of Executive Benefit Plans Clause in Contracts

Executive Benefit Plans. The Executive and/or his family (to the extent eligible), as the case may be, will be eligible to participate on substantially the same basis as the Company’s other senior executive officers in any executive benefit plans offered by the Company. The Company reserves the right to modify, suspend or discontinue any and all of the plans, practices, policies and programs at any time without recourse by the Executive, so long as Company takes such action generally with respect to other similarly situated senior executive officers.

Appears in 3 contracts

Samples: Employment Agreement (Anchor Glass Container Corp /New), Employment Agreement (Anchor Glass Container Corp /New), Employment Agreement (Anchor Glass Container Corp /New)

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Executive Benefit Plans. The Executive and/or his family (to the extent eligible), as the case may be, will be eligible to participate on substantially the same basis as the Company’s 's other senior executive officers in any executive benefit plans offered by the Company. The Company reserves the right to modify, suspend or discontinue any and all of the plans, practices, policies and programs at any time without recourse by the Executive, so long as Company takes such action generally with respect to other similarly situated senior executive officers.

Appears in 1 contract

Samples: Employment Agreement (Anchor Glass Container Corp /New)

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Executive Benefit Plans. The Executive and/or his family (to the extent eligible), as the case may be, will shall be eligible to participate on substantially the same basis as the Company’s 's other senior executive officers in any executive benefit plans offered by the Company. The Company reserves the right to modify, suspend or discontinue any and all of the plans, practices, policies and programs at any time without recourse by the Executive, so long as Company takes such action generally with respect to other similarly situated senior executive officers.

Appears in 1 contract

Samples: Employment Agreement (Anchor Glass Container Corp /New)

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