Common use of Welfare Benefit Plans Clause in Contracts

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other executives of the Company and its affiliated companies. Such plans, practices, policies and programs shall provide the Executive with benefits which are equal, in the aggregate, to the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90-day period immediately preceding the Applicable Date.

Appears in 22 contracts

Samples: Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co)

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Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company and its affiliated companies. Such Company, but in no event shall such plans, practices, policies and programs shall provide the Executive with benefits which are equalless favorable, in the aggregate, to than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90120-day period immediately preceding the Applicable Change of Control Date.

Appears in 21 contracts

Samples: Change of Control Employment Agreement (Kewaunee Scientific Corp /De/), Change of Control Employment Agreement (Kewaunee Scientific Corp /De/), Change of Control (Kewaunee Scientific Corp /De/)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other executives of the Company and its affiliated companies. Such plans, practices, policies and programs shall provide the Executive with benefits which are equal, in the aggregate, to the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90-day period immediately preceding the Applicable Date.

Appears in 14 contracts

Samples: Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other executives of the Company and its affiliated companies. Such Company, but in no event shall such plans, practices, policies and programs shall provide the Executive with benefits which are equalless favorable, in the aggregate, to than the most favorable of such plans, practices, policies and programs in effect for the Executive provided generally at any time during after the 90-day period immediately preceding Effective Date to other executives of the Applicable DateCompany.

Appears in 5 contracts

Samples: Employment Agreement (Neutron Energy, Inc.), Employment Agreement (Neutron Energy, Inc.), Employment Agreement (Neutron Energy, Inc.)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company and its affiliated companies. Such but in no event shall such plans, practices, policies and programs shall provide the Executive with benefits which are equalless favorable, in the aggregate, to than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90120-day period immediately preceding the Applicable Change of Control Date.

Appears in 5 contracts

Samples: Change of Control Employment Agreement (Kewaunee Scientific Corp /De/), Change of Control Employment Agreement (Kewaunee Scientific Corp /De/), Change of Control Employment Agreement (Kewaunee Scientific Corp /De/)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company and its affiliated companies. Such but in no event shall such plans, practices, policies and programs shall provide the Executive with benefits which are equalless favorable, in the aggregate, to than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90120-day period immediately preceding the Applicable Change of Control Date.

Appears in 4 contracts

Samples: Change of Control (Kewaunee Scientific Corp /De/), Change of Control (Kewaunee Scientific Corp /De/), Change of Control (Kewaunee Scientific Corp /De/)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent and applicable generally to other peer executives of the Company and its affiliated companies. Such , but in no event shall such plans, practices, policies and programs shall provide the Executive with benefits which are equalless favorable, in the aggregate, to than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90one-day year period immediately preceding the Applicable Effective Date.

Appears in 4 contracts

Samples: Agreement (Fleetboston Financial Corp), Agreement (Fleet Financial Group Inc), Agreement (Fleet Boston Corp)

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Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other executives of the Company and its affiliated companies. Such Company, but in no event shall such plans, practices, policies and programs shall provide the Executive with benefits which are equalless favorable, in the aggregate, to than the most favorable of such plans, practices, policies and programs in effect for the Executive provided generally at any time during after the 90-day period immediately preceding Effective Date to other executives of the Applicable DateCompany.

Appears in 3 contracts

Samples: Employment Agreement (Zila Inc), Employment Agreement (Zila Inc), Employment Agreement (Simula Inc)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent and applicable generally to other peer executives of the Company and its affiliated companies. Such , but in no event shall such plans, practices, policies and programs shall provide the Executive with benefits which are equalless favorable, in the aggregate, to than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90one-day year period immediately preceding the Applicable Effective Date.

Appears in 1 contract

Samples: Agreement (Bank of America Corp /De/)

Welfare Benefit Plans. During the Employment Period, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other executives of the Company and its affiliated companies. Such plans, practices, policies and programs shall provide the Executive with benefits which are equal, in the aggregate, to the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90-day period immediately preceding the Applicable Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Pogo Producing Co)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other executives of the Company and its affiliated companies. Such plans, practices, policies and programs shall provide the Executive with benefits which are equal, in the aggregate, to the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 90-day period immediately preceding the Applicable Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Pogo Producing Co)

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