Common use of Officer Benefits Clause in Contracts

Officer Benefits. Officer shall be eligible to participate in such of Corporation’s benefits and deferred compensation plans as are now generally available or later made generally available to executive officers of Corporation, including, without limitation, the Incentive Plans, profit sharing plans, bonus plans, dental and medical plans, personal catastrophe and disability insurance, perquisites, financial planning, and retirement plans. At Officer’s election, Corporation will pay or reimburse Officer for the premium for a supplemental term life insurance policy having a policy limit not to exceed $2,000,000. For purposes of establishing the length of service under any benefit plans or programs of Corporation, Officer’s employment with Corporation will be deemed to have commenced on October 7, 1998.

Appears in 2 contracts

Samples: Employment Agreement (Healthcare Realty Trust Inc), Employment Agreement (Healthcare Realty Trust Inc)

AutoNDA by SimpleDocs

Officer Benefits. Officer shall be eligible to participate in such of Corporation’s benefits and deferred compensation plans as are now generally available or later made generally available to executive officers of Corporation, including, without limitation, the Incentive Plans, profit sharing plans, bonus plans, dental and medical plans, personal catastrophe and disability insurance, perquisites, financial planning, and retirement plans. At Officer’s election, Corporation will pay or reimburse Officer for the premium for a supplemental term life insurance policy having a policy limit not to exceed $2,000,000. For purposes of establishing the length of service under any benefit plans or programs of Corporation, Officer’s employment with Corporation will be deemed to have commenced on October 7August 31, 19982001.

Appears in 2 contracts

Samples: Employment Agreement (Healthcare Realty Trust Inc), Employment Agreement (Healthcare Realty Trust Inc)

Officer Benefits. Officer shall be eligible to participate in such of Corporation’s benefits and deferred compensation plans as are now generally available or later made generally available to executive officers of Corporation, including, without limitation, the Incentive Plans, profit sharing plans, bonus plans, dental and medical plans, personal catastrophe and disability insurance, perquisites, financial planning, and retirement plans. At Officer’s election, Corporation will pay or reimburse Officer for the premium for a supplemental term life insurance policy having a policy limit not to exceed $2,000,000. For purposes of establishing the length of service under any benefit plans or programs of Corporation, Officer’s employment with Corporation will be deemed to have commenced on October 7April 22, 19982002.

Appears in 2 contracts

Samples: Employment Agreement (Healthcare Realty Trust Inc), Employment Agreement (Healthcare Realty Trust Inc)

AutoNDA by SimpleDocs

Officer Benefits. Officer shall be eligible to participate in such of Corporation’s benefits and deferred compensation plans as are now generally available or later made generally available to executive officers of Corporation, including, without limitation, the Incentive Plans, profit sharing plans, bonus plans, dental and medical plans, personal catastrophe and disability insurance, perquisites, financial planningretirement plans, and retirement plans. At Officer’s election, any other perquisites that may be adopted from time to time by the Corporation will pay or reimburse Officer for adopted in accordance with the premium for a supplemental term life insurance policy having a policy limit not to exceed $2,000,000compensation policies of the Compensation Committee. For purposes of establishing the length of service under any benefit plans or programs of Corporation, Officer’s employment with Corporation will be deemed to have commenced on October 7August 31, 19982001.

Appears in 1 contract

Samples: Employment Agreement (Healthcare Realty Trust Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.