Common use of Company Benefits Clause in Contracts

Company Benefits. Executive shall be entitled to all rights and benefits for which he is eligible under the terms and conditions of the standard Company benefits and compensation practices which may be in effect from time to time and provided by the Company to its senior officers generally. Executive shall be entitled to all holidays provided by the Company to its senior officers generally and three weeks (3) vacation time provided by the Company to its senior officers generally. For purposes of this Section, “provided by the Company to its senior officers generally” shall mean benefits provided as a policy to all or most members of senior management and shall not include a specific benefit negotiated by one or more executives as an inducement to join the Company in a senior officer position.

Appears in 6 contracts

Samples: Key Employee Agreement (Pokertek, Inc.), Key Employee Agreement (Pokertek, Inc.), Key Employee Agreement (Pokertek, Inc.)

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