Common use of Benefit Plans and Perquisites Clause in Contracts

Benefit Plans and Perquisites. For as long as the Executive is employed by the Bank, the Executive shall be eligible (x) to participate in any and all officer or employee compensation, incentive compensation and benefit plans in effect from time to time, including without limitation plans providing retirement, medical, dental, disability, and group life benefits and including stock-based compensation, incentive, or bonus plans existing on the date of this Agreement or adopted after the date of this Agreement, provided that the Executive satisfies the eligibility requirements for any the plans or benefits, and (y) to receive any and all other fringe and other benefits provided from time to time, including the specific items described in (a)-(c) below. Notwithstanding the above, the Executive shall not be eligible to participate in the Bank’s nonqualified All-Employee and Management Incentive Bonus Plans.

Appears in 2 contracts

Samples: Employment Agreement (First Savings Financial Group Inc), Employment Agreement (First Savings Financial Group Inc)

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Benefit Plans and Perquisites. For as long as the Executive is ----------------------------- employed by the Bank, the Executive shall be eligible (x) to participate in any and all officer or employee compensation, incentive compensation and benefit plans in effect from time to time, including without limitation plans providing retirement, medical, dental, disability, and group life benefits and including stock-based compensation, incentive, or bonus plans existing on the date of this Agreement or adopted after the date of this Agreement, provided that the Executive satisfies the eligibility requirements for any the plans or benefits, and (y) to receive any and all other fringe and other benefits provided from time to time, including the specific items described in (a)-(ca) through (c) below. Notwithstanding the above, the Executive shall not be eligible to participate in the Bank’s nonqualified All-Employee and Management Incentive Bonus Plans.

Appears in 1 contract

Samples: Employment Agreement (Jefferson Bancshares Inc)

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Benefit Plans and Perquisites. For as long as the Executive is employed by the Bank, the Executive shall be eligible (x) to participate in any and all officer or employee compensation, incentive compensation and benefit plans in effect from time to time, including without limitation plans providing retirement, medical, dental, disability, and group life benefits and including stock-based compensation, incentive, or bonus plans existing on the date of this Agreement or adopted after the date of this Agreement, provided that the Executive satisfies the eligibility requirements for any of the plans or benefits, and (y) to receive any and all other fringe and other benefits provided from time to time, including the specific items described in (a)-(ca)–(d) below. Notwithstanding the above, the Executive shall not be eligible to participate in the Bank’s nonqualified All-Employee and Management Incentive Bonus Plans.

Appears in 1 contract

Samples: Employment Agreement (Franklin Financial Corp)

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