Common use of Expenses and Other Benefits Clause in Contracts

Expenses and Other Benefits. Executive shall be (i) reimbursed for all reasonable expenses incurred by him in performing services hereunder, provided that Executive properly accounts therefor in accordance with Company policy, and (ii) entitled to participate in or receive benefits under any employee benefit plan or other arrangement made available by the Company now or in the future to its senior executive officers and key management employees, other than the Company's Chief Executive Officer, subject to and on a basis consistent with the terms, conditions, and overall administration of such plan or arrangement.

Appears in 2 contracts

Samples: Employment Agreement (Chase Brass Industries Inc), Employment Agreement (Chase Brass Industries Inc)

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Expenses and Other Benefits. Executive shall be (i) reimbursed for all reasonable expenses incurred by him in performing services hereunder, provided that Executive properly accounts therefor in accordance with Company policy, and (ii) entitled to participate in or receive benefits under any employee benefit plan or other arrangement made available by the Company now or in the future to its senior executive officers and key management employees, other than the Company's Chief Executive OfficerChairman of the Board, subject to and on a basis consistent with the terms, conditions, and overall administration of such plan or arrangement.

Appears in 2 contracts

Samples: Employment Agreement (Chase Industries Inc), Employment Agreement (Chase Industries Inc)

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