Common use of Retirement, Welfare and Fringe Benefits Clause in Contracts

Retirement, Welfare and Fringe Benefits. During the Period of Employment, the Executive shall be entitled to participate, on a basis generally consistent with other similarly situated executives, in all employee pension and welfare benefit plans and programs, all fringe benefit plans and programs and all other benefit plans and programs (including those providing for perquisites or similar benefits) that are made available by the Company to the Company’s other similarly situated executives generally, in accordance with the eligibility and participation provisions of such plans and as such plans or programs may be in effect from time to time. The Executive’s participation in the foregoing plans and programs is subject to the eligibility and participation provisions of such plans, and the Company’s right to amend or terminate such plans from time to time in accordance with their terms.

Appears in 8 contracts

Samples: Employment Agreement (Norwegian Cruise Line Holdings Ltd.), Employment Agreement (Norwegian Cruise Line Holdings Ltd.), Employment Agreement (Norwegian Cruise Line Holdings Ltd.)

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Retirement, Welfare and Fringe Benefits. During the Period of Employment, the Executive shall be entitled to participate, on a basis generally consistent with other similarly situated senior executives, in all employee pension and welfare benefit plans and programs, all fringe benefit plans and programs and all other benefit plans and programs (including those providing for perquisites or similar benefits) that are made available by the Company to the Company’s other similarly situated senior executives generally, in accordance with the eligibility and participation provisions of such plans and as such plans or programs may be in effect from time to time. The Executive’s participation in the foregoing plans and programs is subject to the eligibility and participation provisions of such plans, and the Company’s right to amend or terminate such plans from time to time in accordance with their terms.

Appears in 3 contracts

Samples: Employment Agreement (Norwegian Cruise Line Holdings Ltd.), Employment Agreement (Norwegian Cruise Line Holdings Ltd.), Employment Agreement (Norwegian Cruise Line Holdings Ltd.)

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