Common use of Benefit Plans Clause in Contracts

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 33 contracts

Samples: Employment Agreement (China Advanced Construction Materials Group, Inc), Employment Agreement (China Advanced Construction Materials Group, Inc), Employment Agreement (China Pediatric Pharmaceuticals, Inc.)

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Benefit Plans. The Executive shall be eligible entitled to participate in any employee benefit plan of the Companyplans relating to stock options, includingstock purchases, but not limited to, equityawards, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or welfare employee benefits that available to other senior executive employees of the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsCompany, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason restrictions (including waiting periods) specified in its sole discretionsuch plans.

Appears in 33 contracts

Samples: Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Capital Management Inc), Employment Agreement (CYS Investments, Inc.)

Benefit Plans. The Executive shall be eligible entitled to participate in any employee benefit plan of the Company, including, but not limited to, plans relating to equity-based compensation awards, pension, thrift, profit sharing, life insurance, medical coverage, education, deferred compensation, or other retirement or welfare employee benefits that available to other senior executive employees of the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsCompany, subject to satisfying the applicable eligibility requirementsany restrictions (including waiting periods) specified in such plans and/or related individual agreements. The Company may at any time or shall make commercially reasonable efforts to obtain medical and disability insurance, and such other forms of insurance as the Board shall from time to time amenddetermine, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionsenior executive employees.

Appears in 19 contracts

Samples: Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)

Benefit Plans. The Executive shall be eligible entitled to participate in any employee benefit plan of the Company, including, but not limited to, plans relating to equity-based compensation awards, pension, thrift, profit sharing, life insurance, medical coverage, education, deferred compensation, or other retirement or welfare employee benefits that available to senior executive officers of the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsCompany, subject to satisfying the applicable eligibility requirementsany restrictions (including waiting periods) specified in such plans and/or related individual agreements. The Company may at any time or shall make commercially reasonable efforts to obtain medical and disability insurance, and such other forms of insurance as the Board shall from time to time amenddetermine, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionsenior executive officers.

Appears in 18 contracts

Samples: Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 12 contracts

Samples: Employment Agreement (China Advanced Construction Materials Group, Inc), Employment Agreement (Sinobiomed Inc), Employment Agreement (Voiceserve Inc)

Benefit Plans. The Executive shall be eligible entitled to participate in any all employee benefit plan plans of the Company, Company including, but not limited to, relocation policy, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate executives in accordance with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionterms of such plans and programs.

Appears in 12 contracts

Samples: Executive Employment Agreement (Belden Inc.), Executive Employment Agreement (Belden Inc.), Executive Employment Agreement (Belden Inc.)

Benefit Plans. The Executive shall be eligible entitled to participate in any all employee benefit plan plans of the Company, Company including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his positionsposition, subject to satisfying the any applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 12 contracts

Samples: Employment Agreement (Cerebain Biotech Corp.), Employment Agreement (Cerebain Biotech Corp.), Employment Agreement (Virtual Radiologic CORP)

Benefit Plans. The During the Employment Term, the Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsemployees generally, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided hereunder. The Executive’s participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 10 contracts

Samples: Employment Agreement (Solo Brands, Inc.), Employment Agreement (Solo Brands, Inc.), Employment Agreement (Solo Brands, Inc.)

Benefit Plans. The Executive shall be eligible entitled to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit generally of its senior executives, executives at a level commensurate with his positionsposition, subject to satisfying the applicable eligibility requirements. The Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 8 contracts

Samples: Executive Employment Agreement (P&f Industries Inc), Executive Employment Agreement (P&f Industries Inc), Executive Employment Agreement (Advanced Cannabis Solutions, Inc.)

Benefit Plans. The Executive shall be eligible to participate in any employee Executive benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his the Executive’s positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 8 contracts

Samples: Employment Agreement (NXT Nutritionals Holdings, Inc.), Employment Agreement (Famous Uncle Als Hot Dogs & Grille Inc), Employment Agreement (Famous Uncle Als Hot Dogs & Grille Inc)

Benefit Plans. The Executive shall be eligible to may participate in any employee all benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits programs that the Company has adopted or may adoptestablishes and makes available to its employees from time to time, maintain or contribute to for provided that the benefit of its senior executivesExecutive is eligible under, at a level commensurate with his positions, and subject to satisfying the applicable eligibility requirementsprovisions of the plan documents governing those programs. The Company may Benefits are subject to change at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its the Company’s sole discretion.

Appears in 8 contracts

Samples: Employment Agreement, Employment Agreement (Aileron Therapeutics Inc), Employment Agreement (Aileron Therapeutics Inc)

Benefit Plans. The Executive shall be eligible entitled to participate in any all employee benefit plan plans of the Company, Company including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits and perquisites (as approved by the Committee) that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his positions, the Executive’s position subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 6 contracts

Samples: Executive Employment Agreement (Kaman Corp), Executive Employment Agreement (Kaman Corp), Executive Employment Agreement (Kaman Corp)

Benefit Plans. The During the Employment Term, the Executive shall will be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that adopted by the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsemployees generally, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided hereunder. The Executive’s participation in any such program will be subject to the terms of the applicable plan documents and Company policies. Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime without violation of this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Verde Clean Fuels, Inc.), Employment Agreement (Verde Clean Fuels, Inc.), Employment Agreement (Vine Energy Inc.)

Benefit Plans. The During the Term, the Executive shall be eligible entitled to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits plans and programs that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executivesexecutives (or employees generally, at a level commensurate with his positions, if senior executives are eligible to participate in such plan). The Executive’s participation will be subject to satisfying the terms of the applicable eligibility requirementsplan documents and generally applicable Company policies. The Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 5 contracts

Samples: Employment Agreement (Frontier Communications Parent, Inc.), Employment Agreement (Frontier Communications Parent, Inc.), Employment Agreement (Frontier Communications Parent, Inc.)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the CompanyCorporation, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company Corporation has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company Corporation may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 5 contracts

Samples: Employment and Service Agreement, Employment and Service Agreement, Employment and Service Agreement

Benefit Plans. The Executive shall be eligible entitled to participate in any all employee benefit plan plans of the Company, Company including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his positionsExecutive’s position, subject to satisfying the any applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 5 contracts

Samples: Employment Agreement (Virtual Radiologic CORP), Employment Agreement (Virtual Radiologic CORP), Employment Agreement (Virtual Radiologic CORP)

Benefit Plans. The Executive shall be eligible entitled to participate in any all employee benefit plan plans of the Company, Company including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his positionsposition, subject to satisfying the any applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 4 contracts

Samples: Employment Agreement (Evio, Inc.), Employment Agreement (Evio, Inc.), Employment Agreement (Evio, Inc.)

Benefit Plans. The Subject to any limitations imposed by applicable law, Executive shall be eligible to participate in all Company employee benefit programs, including without limitation, medical and dental coverage, life insurance, profit sharing, retirement, pension and tax-qualified plans, in substantially the same manner and to substantially the same extent as other Company employees. Nothing in this agreement shall preclude Company or any affiliate of Company from terminating or amending any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may program at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretiontime.

Appears in 4 contracts

Samples: Employment Agreement (Mendocino Brewing Co Inc), Registration Rights Agreement (Mile High Brewing Co), Executive Employment Agreement (Mendocino Brewing Co Inc)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, plans or other retirement or welfare benefits programs that the Company has adopted or may adoptprovides to the class of employees that includes the Executive, maintain or contribute on a basis not less favorable than that provided to such class of employees, and in accordance with the terms of such plan, which will at all times be controlling. During the Term, the Company shall pay for 100% of the premiums for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying medical and dental benefits offered by the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretiontime.

Appears in 3 contracts

Samples: Employment Agreement (Access National Corp), Employment Agreement (Access National Corp), Employment Agreement (Access National Corp)

Benefit Plans. The Executive shall be eligible to may participate in any employee all benefit programs that the Company establishes and makes available to its employees from time to time, provided that the Executive is eligible under, and subject to the provisions of the plan of documents governing those programs. The benefits made available by the Company, includingand the rules, but not limited toterms, equityand conditions for participation in such benefit plans, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that may be changed by the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or and from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionwithout advance notice.

Appears in 3 contracts

Samples: Employment Agreement (Trevi Therapeutics, Inc.), Employment Agreement (Trevi Therapeutics, Inc.), Employment Agreement (Trevi Therapeutics, Inc.)

Benefit Plans. The Executive shall be eligible entitled to participate in any all employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits plans that the Company has adopted or may adopt, maintain or contribute generally makes available to for the benefit of its senior executivesexecutives (other than severance plans) from time to time, at including any group health plans, life, disability and AD&D insurances, a level commensurate with his positions401(k) plan, tuition reimbursement, parking or public transportation and various types of paid time off, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee terms and conditions of such benefit plan, program or arrangement for any reason in its sole discretionplans.

Appears in 3 contracts

Samples: Executive Employment Agreement (Radius Health, Inc.), Executive Employment Agreement (Biozone Pharmaceuticals, Inc.), Executive Employment Agreement (Biozone Pharmaceuticals, Inc.)

Benefit Plans. The Executive shall be eligible to participate in any other employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, plans and arrangements sponsored or other retirement or welfare benefits that maintained by the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsincluding without limitation, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amendall welfare benefits plans (life, modifymedical and disability), suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionretirement plans and deferred compensation plans.

Appears in 3 contracts

Samples: Employment Agreement (Harbor Diversified, Inc.), Employment Agreement (Harbor Diversified, Inc.), Employment Agreement (Harbor Diversified, Inc.)

Benefit Plans. The Executive shall be eligible entitled to participate in any all employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits plans that the Company has adopted or may adopt, maintain or contribute generally makes available to for the benefit of its senior executivesexecutives (other than severance plans) from time to time, at including any group health plans, life, disability and AD&D insurances, a level commensurate with his positions401(k) plan, tuition reimbursement, parking or public transportation and various types of paid time off, subject to satisfying the terms and conditions of such benefit plans. Notwithstanding the foregoing, the Company shall make a group health plan available to the Executive, which provides applicable eligibility requirements. The Company may coverage at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionboth his permanent residence and his principal place of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (Radius Health, Inc.), Executive Employment Agreement (Radius Health, Inc.)

Benefit Plans. The During the Term, the Executive shall will be eligible to participate in any such employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that plans and programs offered by the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amendto its employees of comparable executive position (and, modifyto the extent required by applicable law, suspend the plans or terminate any employee benefit planthis Agreement, program or arrangement for any reason approved by the compensation committee of the Board of Directors), subject to the provisions of such plans and programs as in its sole discretioneffect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (MDF Inc), Employment Agreement (MDF Inc)

Benefit Plans. The Executive shall be eligible to participate in or receive benefits under any employee benefit plan plans and arrangements of the Company, Company and Bank in which Executive officers of the Company and the Bank are generally entitled to participate including, but not limited to, equitythe profit sharing/401(k) plan, pension, thrift, profit sharinghealth-and-accident plans, medical coverage, education, disability or any other retirement benefit plans or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsarrangements, subject to satisfying and on a basis consistent with the terms, conditions and overall administration of such plans and arrangements applicable eligibility requirements. The to Executive officers of the Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionand the Bank generally.

Appears in 2 contracts

Samples: Employment Agreement (Covest Bancshares Inc), Employment Agreement (Covest Bancshares Inc)

Benefit Plans. The During the Employment Term, the Executive shall be eligible to participate in any employee all benefit plan plans of the CompanyCompany (“Benefit Plans”), including, but not limited towithout limitation, equityqualified retirement, pensiondeferred compensation, thriftgroup medical, profit sharingdental, medical coveragevision, educationaccident, or disability, life and other retirement or welfare benefits that health benefit plans of the Company has adopted or as may adopt, maintain or contribute to for be provided by the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amendto Company executives of comparable status, modifysubject to, suspend or terminate any employee benefit planand to the extent that, program or arrangement for any reason the Executive is eligible under such Benefit Plans in its sole discretionaccordance with their respective terms.

Appears in 2 contracts

Samples: Employment Agreement (Panacea Life Sciences Holdings, Inc.), Employment Agreement (Exactus, Inc.)

Benefit Plans. The During the Employment Term, Executive shall be eligible to participate in any employee all benefit plan plans of the Company, including, but not limited towithout limitation, equity, pension, thrift, profit sharing, medical coverage, educationdental, accident, retirement, life and or other retirement or welfare benefits that may be provided by the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amendto Company executives of comparable status, modifysubject to, suspend or terminate any employee and to the extent that, Executive is eligible under such benefit plan, program or arrangement for any reason plans in its sole discretionaccordance with their respective terms.

Appears in 2 contracts

Samples: Employment Agreement (Conversion Labs, Inc.), Employment Agreement (Conversion Labs, Inc.)

Benefit Plans. The During the Employment Term, the Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positionsemployees generally, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided to hereunder. The Executive’s participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 2 contracts

Samples: Employment Agreement (Falcon Minerals Corp), Employment Agreement (Falcon Minerals Corp)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the CompanyCompanies, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company Companies has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionshall pay the entire cost of these benefits.

Appears in 2 contracts

Samples: Employment Agreement (BTX Holdings Inc), Employment Agreement (King Capital Holdings Inc)

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Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company Companies has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionshall pay the entire cost of these benefits.

Appears in 1 contract

Samples: Employment Agreement (Rockelle Corp.)

Benefit Plans. The During her employment, the Executive shall be eligible entitled to participate in any all employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, plans and perquisites which are maintained or other retirement or welfare benefits that established by the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend and which cover the Company's senior executives provided she satisfies any applicable eligibility requirements therefor. The Executive acknowledges the right of the Company to amend or terminate such plans at any employee time in the exercise of its discretion. The Executive further acknowledges that the Company may wish to maintain insurance on her life for its benefit plan, program or arrangement for and agrees to submit to any reason physical examination which may be required in its sole discretionorder to obtain such insurance.

Appears in 1 contract

Samples: Management Agreement (Scott Technologies Inc)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his her positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionshall pay the entire cost of these benefits.

Appears in 1 contract

Samples: Employment Agreement (Flexpetz Holdings Inc)

Benefit Plans. The Executive shall be eligible entitled to participate in any employee benefit plan of plans that are generally made available to the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its ’s senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 1 contract

Samples: Employment Agreement (Comtech Telecommunications Corp /De/)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equityprograms, pension, thrift, profit profit-sharing, medical coveragestock-option or similar plan or program and in any group life insurance, educationhospitalization, mental, dental, accident, disability or similar plan or program of the Corporation non-existing or establishes hereafter. In addition, so long as Executive is an employee of the Corporation, the Executive shall be entitled to receive other retirement or welfare benefits that the Company has adopted benefits--generally available to all senior executives and any other which are now or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason hereafter be placed in its sole discretioneffect.

Appears in 1 contract

Samples: Employment Agreement (Avant Corp)

Benefit Plans. The Executive shall be eligible entitled to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit generally of its senior executives, executives at a level commensurate with his positionsposition, subject to satisfying the applicable eligibility requirementsrequirements and the applicable terms and conditions of such employee benefit plan. The Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 1 contract

Samples: Executive Employment Agreement (P&f Industries Inc)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, executives at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionshall pay the entire cost of these benefits.

Appears in 1 contract

Samples: Employment Agreement (Chaolei Marketing & Finance Co.)

Benefit Plans. The During the Employment Term, the Executive shall be eligible to participate on the terms and conditions, including eligibility, no less favorable than provided to other senior executives of the Company in any all employee benefit plan of plans, programs or arrangements, which shall be established or maintained by the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, educationCompany Group generally for its employees, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute generally made available to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.4 4.2

Appears in 1 contract

Samples: Employment Agreement Employment Agreement

Benefit Plans. The To the extent offered by the Company, Executive shall be eligible entitled to participate participate, on a basis commensurate with his position, in the Company’s medical insurance, retirement (e.g., non-matching 401(k) plan) and other benefit plans pursuant to their terms and conditions during the Term. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or program from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretiontime.

Appears in 1 contract

Samples: Employment Agreement (Peerless Systems Corp)

Benefit Plans. The During the Term, the Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to maintains for the benefit of its senior executives, at a level commensurate with his positionsemployees generally, subject to satisfying the applicable eligibility requirementsrequirements thereof, except to the extent such plans are duplicative of the benefits otherwise provided hereunder. The Executive’s participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 1 contract

Samples: Employment Agreement (Tuesday Morning Corp/De)

Benefit Plans. The Executive shall be eligible entitled to participate in any such employee welfare benefit plan of the Company, including, but not limited to, equityplans, pension, thrift, profit sharing, medical coverage, education, or retirement and stock-based compensation plans and other retirement or welfare benefits that programs and arrangements as may be approved from time to time by the Company has adopted or may adopt, maintain or contribute to and the Bank for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying their employees on such terms as the applicable eligibility requirements. The Board of the Company or the Bank may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretionspecify.

Appears in 1 contract

Samples: Gould Employment Agreement (Beneficial Mutual Bancorp Inc)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to or for the benefit of its senior executives, at a level commensurate with his positionsposition, subject to satisfying the applicable eligibility requirements. The Company may at any time time, or from time to time time, amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (American Surgical Holdings Inc)

Benefit Plans. During the employment term, the Executive shall be entitled to participate in all employee benefit programs as the Company, from time to time, makes available to the Company's senior executives, including, without limitation, medical, disability and life insurance, and retirement plans. The Executive shall be eligible to participate in any employee benefit plan provided with the use of a leased EXHIBIT 10.6 car at the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or 's expense and shall be entitled to such other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.perquisites set forth on Schedule A.

Appears in 1 contract

Samples: Employment Agreement (Aqua Chem Inc)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coveragelife, disability, health, accident and other insurance programs, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Dragon Acquisition CORP)

Benefit Plans. The During the Term, the Executive shall be eligible entitled to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits plans and programs that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executivesexecutives (or employees generally, at a level commensurate with his positions, if 4 senior executives are eligible to participate in such plan). The Executive’s participation will be subject to satisfying the terms of the applicable eligibility requirementsplan documents and generally applicable Company policies. The Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 1 contract

Samples: Employment Agreement (Frontier Communications Corp)

Benefit Plans. During the employment term, the Executive shall be entitled to participate in all employee benefit programs as the Company, from time to time, makes available to the Company's senior executives, including, without limitation, medical, disability and life insurance, and retirement EXHIBIT 10.4 plans. The Executive shall be eligible to participate in any employee benefit plan provided with the use of a leased car at the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or 's expense and shall be entitled to such other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.perquisites set forth on Schedule A.

Appears in 1 contract

Samples: Employment Agreement (Aqua Chem Inc)

Benefit Plans. The During the Employment Term, the Executive shall be eligible to participate in any the employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that programs maintained by the Company has adopted or may adopt, maintain or contribute from time to for the benefit of its senior executives, at a level commensurate with his positionstime, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided hereunder. The Executive’s participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 1 contract

Samples: Employment Agreement (Alight, Inc. / Delaware)

Benefit Plans. The During the Employment Term, the Executive shall be eligible to participate participate, on a basis at least favorable as other senior executives of the Company, in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to, except to for the benefit extent such plans are duplicative of its senior executives, at a level commensurate with his positions, the benefits otherwise provided to hereunder. The Executive’s participation will be subject to satisfying the terms of the applicable eligibility requirementsplan documents and generally applicable Company policies. The Notwithstanding the foregoing, the Company may at any time or from time to time amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement for plan at any reason in its sole discretiontime.

Appears in 1 contract

Samples: Employment Agreement (Falcon Minerals Corp)

Benefit Plans. The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or ’s health and welfare benefits benefit plans and programs that the are generally available to Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or employees from time to time (“Benefit Plans”), subject to the terms and conditions of such plans. The Company and Parent reserve the right to amend, modify, suspend modify or terminate any employee benefit plan, program or arrangement Benefit Plans at any time and for any reason in its sole discretionreason.

Appears in 1 contract

Samples: Employment Agreement (Distribution Solutions Group, Inc.)

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