Common use of Benefit Plans Clause in Contracts

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”).

Appears in 25 contracts

Samples: Non Qualified Stock Option Agreement (ClearPoint Neuro, Inc.), Non Qualified Stock Option Agreement (Mri Interventions, Inc.), Agreement (Mri Interventions, Inc.)

AutoNDA by SimpleDocs

Benefit Plans. During the Term, the The Executive shall be entitled to participate in, and to all rights and in or receive benefits provided by, the health, life, medical, dental, disability, insurance and under any employee pension or welfare plans that are maintained from time to time benefit plan or arrangement made available by the Company for at any time during his employment hereunder to its employees (collectively the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”), including without limitation each qualified retirement plan, life insurance and accident plan, medical, dental insurance plans, and disability plan, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and arrangements, as they may be amended from time to time.

Appears in 19 contracts

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

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the each and every health, life, medical, dental, disability, insurance and welfare plans plan maintained by the Company including, without limitation, the benefits that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s 's employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, "Benefit Plans").

Appears in 8 contracts

Samples: Employment Agreement (Susa Partnership Lp), Employment Agreement (Storage Usa Inc), Employment Agreement (Susa Partnership Lp)

Benefit Plans. During the Term, the The Executive shall be entitled to participate inin ------------- any benefit plans relating to stock options, and stock purchases, pension, thrift, profit sharing, life insurance, medical coverage, education or other retirement or employee benefits available to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives other executive employees of the Company generally or at an appropriate level for the Company’s employees generallyduties of the office, provided that the Executive is eligible subject to participate any restrictions (including waiting periods) specified in such plan under plans. The Company shall make commercially reasonable efforts to obtain medical and disability insurance, and such other forms of insurance as the eligibility provisions thereof that are generally applicable to the participants thereof (collectivelyBoard of Directors shall determine, “Benefit Plans”)for its employees.

Appears in 6 contracts

Samples: Employment Agreement (Novastar Financial Inc), Employment Agreement (Novastar Financial Inc), Employment Agreement (Headlands Mortgage Co)

Benefit Plans. During the TermExecutive’s employment, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”).

Appears in 4 contracts

Samples: Green Ballast Employment Agreement (Green Ballast, Inc.), Green Ballast Employment Agreement (Green Ballast, Inc.), Green Ballast Employment Agreement (Green Ballast, Inc.)

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under all employee benefit plans, programs or arrangements, which shall be established or maintained by the eligibility provisions thereof that are Company generally applicable for its employees, or generally made available to its senior executives including, but not limited to, medical, dental and vision plans. The Company also affirms its intention to adopt executive-level short-term disability, a long-term disability, life insurance and deferred compensation/retirement plans, to the participants thereof (collectivelyextent permissible by law, “Benefit Plans”)and subject to the reasonable approval of the Board.

Appears in 4 contracts

Samples: Employment Agreement (Signature Group Holdings, Inc.), Option Agreement (Signature Group Holdings Inc), Option Agreement (Signature Group Holdings Inc)

Benefit Plans. During the Term, the The Executive shall be entitled to participate inparticipate, on the same basis and at the same level as generally available to all rights and benefits provided byother executive officers of the Company, the healthin any group insurance, lifehospitalization, medical, dentalhealth and accident, disability, insurance deferred compensation and welfare retirement plans that are maintained and other plans or programs of the Company now existing or hereafter established in accordance with the terms of the plans, as in effect from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)time.

Appears in 4 contracts

Samples: Employment Agreement (American Axle & Manufacturing Holdings Inc), Amended and Restated (American Axle & Manufacturing Holdings Inc), Amended and Restated (American Axle & Manufacturing Holdings Inc)

Benefit Plans. During the Term, the The Executive shall be entitled to participate inin such benefit plans as may, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by during the Company for the benefit Employment Period, be provided to members of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof Staff (collectively, the “Benefit Plans”)) and on terms generally consistent with those provided to other members of the Executive Staff.

Appears in 3 contracts

Samples: Executive Employment Agreement (Advanced Drainage Systems, Inc.), Executive Employment Agreement (Advanced Drainage Systems, Inc.), Executive Employment Agreement (Advanced Drainage Systems, Inc.)

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the each and every health, life, medical, dental, disability, insurance and welfare plans plan maintained by the Company including, without limitation, the benefits contemplated by SECTION 5 of this Agreement, that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s 's employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”"BENEFIT PLANS").

Appears in 3 contracts

Samples: Employment Agreement (Mid America Apartment Communities Inc), Employment Agreement (Mid America Apartment Communities Inc), Employment Agreement (Mid America Apartment Communities Inc)

Benefit Plans. During the Term, the Executive and, to the extent eligible, his dependents, shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan and receive all benefits under any group health plans, welfare benefit plans and programs provided by the eligibility provisions thereof that are Company to its senior executives and, without duplication, its employees generally, subject, however, to the generally applicable eligibility and other provisions of the various plans and programs in effect from time to the participants thereof (collectively, “Benefit Plans”)time.

Appears in 3 contracts

Samples: Employment Agreement (MDC Partners Inc), Employment Agreement (MDC Partners Inc), Employment Agreement (MDC Partners Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate inparticipate, on the same basis and at the same level as generally available to all rights and benefits provided byother senior executives of the Company, the healthin any group insurance, lifehospitalization, medical, dentalhealth and accident, disability, insurance fringe benefit and welfare deferred compensation plans that are maintained or programs of the Company now existing or hereafter established, as in effect from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)time.

Appears in 2 contracts

Samples: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)

Benefit Plans. During the Term, the The Executive shall be entitled to participate inparticipate, and to all rights and benefits provided bythe extent eligible, the health, life, in medical, dental, disabilityhospital, group life insurance and welfare plans that are maintained other fringe benefit programs from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for made available to the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)'s executives.

Appears in 2 contracts

Samples: Executive Employment Agreement (Compscripts Inc), Executive Employment Agreement (Phon Net Com Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate in(in a manner and capacity commensurate with his position and duties), subject to eligibility and other terms generally established by the Board, in any employee benefit plan (including but not limited to all rights and benefits provided bylife insurance plans, the stock option plans, group hospitalization, health, lifedental care (which health insurance shall also cover Executive's dependents), medicalprofit sharing and pension, dentalbonus and other benefit plans), disability, insurance and welfare plans that are maintained as may be adopted or amended by the Company from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)time.

Appears in 2 contracts

Samples: Employment Agreement (Payment Data Systems Inc), Employment Agreement (Payment Data Systems Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the each and every health, life, medical, dental, disability, insurance and welfare plans plan maintained by the Company including, without limitation, the benefits contemplated by Section 4 of this Agreement, that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”).

Appears in 2 contracts

Samples: Employment Agreement (Mid America Apartment Communities Inc), Employment Agreement (Mid America Apartment Communities Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate inparticipate, on the same basis and at the same level as generally available to all rights and benefits provided byother executive officers of the Company, the healthin any group insurance, lifehospitalization, medical, dentalhealth and accident, disability, insurance fringe benefit and welfare deferred compensation plans that are maintained from time to time by the Company for the benefit of the Executive, the executives or programs of the Company generally now existing or for hereafter established to the Company’s employees generally, provided extent that the Executive he is eligible to participate in such plan under the eligibility general provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)thereof.

Appears in 2 contracts

Samples: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)

Benefit Plans. During Except as otherwise expressly provided herein, during the TermEmployment Period, the Executive shall be entitled to participate inin all employee benefit, vacation and other plans, policies and programs for which the Executive is eligible under the terms and conditions of such plans, policies and programs which may be in effect from time to all rights time and benefits provided bywhich the Company generally makes available to executives of the Company, the health, life, including medical, dental, disability, disability and life insurance and welfare plans that are maintained from time subject to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)standard employee contributions.

Appears in 2 contracts

Samples: Executive Employment Agreement (HWEL Holdings Corp.), Executive Employment Agreement (HWEL Holdings Corp.)

Benefit Plans. During the Term, Term the Executive shall be entitled to participate inparticipate, on the same basis and to all rights at the same level as other senior officers of the Company in any benefit plans, programs and benefits provided byarrangements of the Company in accordance with the terms of such plans, the healthprograms and arrangements, life, medical, dental, disability, insurance and welfare plans that are maintained as may be amended from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)time.

Appears in 2 contracts

Samples: Employment Agreement (Merisel Inc /De/), Employment Agreement (Merisel Inc /De/)

AutoNDA by SimpleDocs

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”).. (e)

Appears in 1 contract

Samples: Employment Agreement This Agreement (ClearPoint Neuro, Inc.)

Benefit Plans. During the Term, the Executive shall be entitled to participate inparticipate, on the same basis and at the same level as generally available to all rights and benefits provided byother senior executives of the Company, the healthin any group insurance, lifehospitalization, medical, dentalhealth and accident, disability, insurance fringe benefit and welfare deferred compensation plans that are maintained or programs of the Company (including executive supplemental health benefits) now existing or hereafter established, as in effect from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)time.

Appears in 1 contract

Samples: Employment Agreement (Imax Corp)

Benefit Plans. During the Term, the Executive shall be entitled to participate inparticipate, to the extent that he is eligible under the terms and conditions thereof, in any pension, retirement, hospitalization, health insurance, disability or medical service plan generally available to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans United States executive officers or employees of the Company that are maintained may be in effect from time to time by during the Employment Period. The Company for represents to Executive that its health insurance plan generally permits the benefit coverage of the Executive's spouse and minor children, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable subject to the participants thereof (collectively, “Benefit Plans”)terms and conditions thereof. The Company shall be under no obligation to institute or continue the existence of any such employee benefit described in this paragraph.

Appears in 1 contract

Samples: Employment Agreement (Lil Marc Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under all employee benefit plans, programs or arrangements, which shall be established or maintained by the eligibility provisions thereof that are Company generally applicable for its employees, or generally made available to its senior executives, including, but not limited to, medical, dental and vision plans. The Company also affirms its intention to adopt executive-level short-term disability, a long-term disability, life insurance and deferred compensation/retirement plans, to the participants thereof (collectivelyextent permissible by law, “Benefit Plans”)and subject to the reasonable approval of the Board.

Appears in 1 contract

Samples: Option Agreement (Signature Group Holdings Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the each and every health, life, medical, dental, disability, insurance and welfare plans plan maintained by the Company including, without limitation, the benefits contemplated by SECTION 5 of this Agreement, that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s 's employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, "Benefit Plans").

Appears in 1 contract

Samples: Employment Agreement (Response Oncology Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate inparticipate, with respect to Executive and to Executive’s eligible family members and dependents, as applicable, in all rights and benefits provided by, of the health, life, medical, dental, disability, insurance and welfare Company’s Executive benefit plans that are maintained may be established from time to time by the Company for the benefit of the Executivetime, the executives of the Company generally or for the Company’s employees generallyincluding, without limitation, any 401(k) and cafeteria plans, health, hospitalization, medical insurance, dental and disability programs; provided that the Executive is eligible foregoing shall not be construed to participate in require the Company to establish any such plan under plans, or to prevent the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)Company from modifying or terminating any such plans once established.

Appears in 1 contract

Samples: Executive Employment Agreement (Invizyne Technologies Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generallyeach Benefit Plan, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”).

Appears in 1 contract

Samples: Employment Agreement (Mid America Apartment Communities Inc)

Benefit Plans. During the Term, the The Executive shall be entitled to participate inin -------------- any benefit plans relating to stock options, stock purchases, awards, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or employee benefits available to other executive employees of the Company, subject to any restrictions (including waiting periods) specified in such plans. The Company shall make commercially reasonable efforts to obtain medical and disability insurance, and to all rights and benefits provided by, such other forms of insurance as the health, life, medical, dental, disability, insurance and welfare plans that are maintained Board of Directors shall from time to time by the Company determine, for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)its employees.

Appears in 1 contract

Samples: Employment Agreement (Annaly Mortgage Management Inc)

Benefit Plans. During the Term, the The Executive shall be entitled to participate inin ------------- any benefit plans relating to stock options, stock purchases, awards, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or employee benefits available to other executive employees of the Company, subject to any restrictions (including waiting periods) specified in such plans. The Company shall make commercially reasonable efforts to obtain medical and disability insurance, and to all rights and benefits provided by, such other forms of insurance as the health, life, medical, dental, disability, insurance and welfare plans that are maintained Board of Directors shall from time to time by the Company determine, for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”)its employees.

Appears in 1 contract

Samples: Employment Agreement (Annaly Mortgage Management Inc)

Benefit Plans. During the Term, the Executive shall be entitled to participate in, and to all rights and benefits provided by, the health, life, medical, dental, disability, insurance and welfare plans that are maintained from time to time by the Company for the benefit of the Executive, the executives of the Company generally or for the Company’s employees generally, provided that the Executive is eligible to participate in such plan under the eligibility provisions thereof that are generally applicable to the participants thereof (collectively, “Benefit Plans”).eligible

Appears in 1 contract

Samples: Employment Agreement This Agreement (ClearPoint Neuro, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.