Resident Agreement Benefit Addendum Clause Samples

Resident Agreement Benefit Addendum. In addition to the stipend described in Section 3 or the Renewal Contract, Penn State Hershey agrees to provide Resident with certain benefits and support services outlined in the Resident Agreement Benefit Addendum that accompanies this document or as updated with the Renewal Contract during the term of this agreement. These are subject to change from time to time at the discretion of Penn State Hershey. Penn State Hershey will use its best efforts to notify Resident of significant changes as they occur with respect to such benefits and support services and will provide more detailed information upon request. It is understood and agreed by Resident that due to the need for brevity and the fact that certain benefits and supports services are provided through contracts of insurance containing detailed descriptions of the benefits and through Penn State Hershey Policies which are subject to change from time to time, the Resident Agreement Benefit Addendum shall be construed as a summary of some of the elements of the various fringe benefits provided, and will not be construed as binding Penn State Hershey or Resident to terms, conditions of amounts of insurance coverage other than that expressly set forth in the respective insurance policies and Penn State Hershey Policies which may be in effect from time to time.