Common use of Retirement Benefits Clause in Contracts

Retirement Benefits. The Company shall provide to the Executive participation in any Company qualified defined benefit and defined contribution retirement plans as may be established during the term of this Agreement; provided, however, that nothing in this Section 5.5 shall be construed as obligating the Company to refrain from changing, and/or amending the nonqualified retirement programs, so long as such changes are equally applicable to all executive employees in the Company.

Appears in 14 contracts

Samples: Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp), Employment Agreement (Savient Pharmaceuticals Inc)

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Retirement Benefits. The Company shall provide to permit the Executive participation to participate in any Company qualified defined benefit and defined contribution retirement plans as may be established during the term of this AgreementTerm; provided, however, that nothing in this Section 5.5 shall be construed as obligating the Company Company, the Board or the Compensation Committee to refrain from changing, and/or amending the nonqualified retirement programs, so long as such changes are equally applicable to all executive employees in of the Company.

Appears in 10 contracts

Samples: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

Retirement Benefits. The Company shall provide to permit the Executive participation to participate in any Company qualified defined benefit and defined contribution retirement plans as may be established during the term of this AgreementExecutive’s employment by the Company; provided, however, that nothing in this Section 5.5 shall be construed as obligating the Company Company, the Board or the Compensation Committee to refrain from changing, and/or amending the nonqualified retirement programs, so long as such changes are equally applicable to all executive employees in senior executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Dendreon Corp)

Retirement Benefits. The Company shall provide to the Executive participation in any Company qualified and nonqualified defined benefit and defined contribution retirement plans as may be established during the term of this Agreement; provided, however, that nothing in this Section 5.5 shall be construed as obligating the Company to refrain from changing, and/or amending the nonqualified retirement programs, so long as such changes are equally applicable to all executive employees in the Company.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

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Retirement Benefits. The Company shall provide to permit the Executive participation to participate in any Company qualified defined benefit and defined contribution retirement plans as may be established during the term of this AgreementTerm; provided, however, that nothing in this Section 5.5 shall be construed as obligating the Company Company, the Board or the Compensation Committee to refrain from changing, and/or amending the nonqualified non-qualified retirement programs, so long as such changes are equally applicable to all executive employees in of the Company.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

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