Common use of Participation in Retirement and Employee Benefit Plans Clause in Contracts

Participation in Retirement and Employee Benefit Plans. The Employee shall be entitled to participate in any plan of the Company relating to stock options, stock purchases, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or employee benefits that the Company may adopt or maintain from time to time for the benefit of its executive employees. In addition, the Employee shall be entitled to participate in any other fringe benefits that become applicable to the Company's executive employees. The benefits provided under this Section 6 shall cease upon the Employee's Date of Termination (as defined below). Nothing in this Agreement shall limit the Company's ability to adopt, terminate or amend any such benefits at any time; provided however, the aggregate amount of benefits provided to the Employee shall not be decreased from the amount being provided on the date hereof.