Common use of Retirement and Welfare Benefits Clause in Contracts

Retirement and Welfare Benefits. During the Term, Executive shall be entitled to all the usual benefits offered to the Company’s senior management, including vacation, sick time, and the ability to participate in the Company’s medical, dental, life insurance, disability and other welfare programs, and 401(k) retirement savings plan, subject to and in accordance with the applicable limitations and requirements imposed by the terms of the documents governing such benefits, as from time to time in effect. Nothing, however, shall require the Company to maintain any benefit, plan or arrangement or provide any type or level of benefits to the Company’s employees, including Executive. During the Term, Executive shall be entitled to not less than four (4) weeks paid vacation, in accordance with the Company’s policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC), Employment Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)

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Retirement and Welfare Benefits. During the Term, Executive shall be entitled to all the usual benefits offered to the Company’s 's senior management, including vacation, sick time, and the ability to participate in the Company’s 's medical, dental, life insurance, disability and other welfare programs, and 401(k) retirement savings plan, subject to and in accordance with the applicable limitations and requirements imposed by the terms of the documents governing such benefits, as from time to time in effect. Nothing, however, shall require the Company to maintain any benefit, plan or arrangement or provide any type or level of benefits to the Company’s 's employees, including Executive. During the Term, Executive shall be entitled to not less than four three (43) weeks paid vacation, in accordance with the Company’s policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Nationstar Mortgage Holdings Inc.), Employment Agreement (Nationstar Mortgage Holdings Inc.)

Retirement and Welfare Benefits. During the Term, Executive shall be entitled to all the usual benefits offered to the Company’s senior management, including vacation, sick time, and the ability to participate in the Company’s medical, dental, life insurance, disability and other welfare programs, and 401(k) retirement savings plan, subject to and in accordance with the applicable limitations and requirements imposed by the terms of the documents governing such benefits, as from time to time in effect. Nothing, however, shall require the Company to maintain any benefit, plan or arrangement or provide any type or level of benefits to the Company’s employees, including Executive. During the Term, Executive shall be entitled to not less than four three (43) weeks paid vacation, in accordance with the Company’s policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Nationstar Mortgage Holdings Inc.), Nationstar Mortgage TLC Employment Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)

Retirement and Welfare Benefits. During the Term, Executive shall be entitled to all the usual benefits offered to the Company’s senior management, including vacation, sick time, and the ability to participate in the Company’s medical, dental, life insurance, disability and other welfare programs, and 401(k) retirement savings plan, subject to and in accordance with the applicable limitations and requirements imposed by the terms of the documents governing such benefits, as from time to time in effect. Nothing, however, shall require the Company to maintain any benefit, plan or arrangement or provide any type or level of benefits to the Company’s employees, including Executive. During the Term, Executive shall be entitled to not less than four three (43) weeks paid vacation, in accordance with the Company’s policies as in effect from time to time.

Appears in 1 contract

Samples: Nationstar Mortgage LLC Employment Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)

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Retirement and Welfare Benefits. During the Term, Executive shall be entitled to all the usual benefits offered generally to the Company’s senior management, including vacation, sick time, and the ability to participate in the Company’s medical, dental, life insurance, disability and other welfare programs, and 401(k40l(k) retirement savings plan, subject to and in accordance with the applicable limitations and requirements imposed by the terms of the documents governing such benefits, as from time to time in effect. Nothing, however, shall require the Company to maintain any benefit, plan or arrangement or provide any type or level of benefits to the Company’s employees, including Executive. During the Term, Executive shall be entitled to not less than four three (43) weeks paid vacation, in accordance with subject to the Company’s policies as in effect from time to timeand procedures.

Appears in 1 contract

Samples: Employment Agreement (Nationstar Mortgage Holdings Inc.)

Retirement and Welfare Benefits. During the Term, Executive shall be entitled to all the usual benefits offered to the Company’s senior management, including vacation, sick time, and the ability to participate in the Company’s medical, dental, life insurance, disability and other welfare programs, and 401(k) retirement savings plan, subject to and in accordance with the applicable limitations and requirements imposed by the terms of the documents governing such benefits, as from time to time in effect. Nothing, however, shall require the Company to maintain any benefit, plan or arrangement or provide any type or level of benefits to the Company’s employees, including Executive. During the Term, Executive shall be entitled to not less than four three (43) weeks of paid vacationvacation per year, in accordance with the Company’s policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)

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