Common use of Retirement and Welfare Benefits Clause in Contracts

Retirement and Welfare Benefits. The Employee shall participate in employee retirement and welfare benefit plans made available to the Employer’s senior level executives as a group or to its employees generally, as such retirement and welfare plans may be in effect from time to time and subject to the eligibility requirements of the plans. Nothing in this Agreement shall prevent the Employer from amending or terminating any retirement, welfare or other employee benefit plans or programs from time to time as the Employer deems appropriate.

Retirement and Welfare Benefits. The During the Term, the Employee shall be eligible to participate in employee any health, life insurance, long-term disability, retirement and welfare benefit plans made and programs sponsored by the Employer, in each case as may be generally available to senior executives of the Employer’s senior level executives , pursuant to the plans’ and programs’ respective terms and conditions as a group or to its employees generally, as such retirement and welfare plans may be in effect from time to time and subject to the eligibility requirements of the planstime. Nothing in this Agreement shall prevent preclude the Employer from terminating or amending or terminating any retirement, welfare or other employee benefit plans plan or programs program from time to time as after the Employer deems appropriateEffective Date.