Common use of Welfare and Fringe Benefits Clause in Contracts

Welfare and Fringe Benefits. As soon as practicable following the Termination Date, Xxxxxxx will pay Executive, in lieu of coverage for Executive and his dependents under Xxxxxxx'x welfare and fringe benefit plans, the following reimbursement amount:

Appears in 4 contracts

Samples: Employment Agreement (Kimball Electronics, Inc.), Employment Agreement (Kimball International Inc), Employment Agreement (Kimball International Inc)

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Welfare and Fringe Benefits. As soon as practicable within sixty (60) days following the Termination Date, Xxxxxxx will pay Executive, in lieu of coverage for Executive and his dependents under Xxxxxxx'x Xxxxxxx’x welfare and fringe benefit plans, the following reimbursement amountamount in a lump sum:

Appears in 2 contracts

Samples: Employment Agreement (Kimball Electronics, Inc.), Employment Agreement (Kimball Electronics, Inc.)

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