Common use of Other Company Benefits Clause in Contracts

Other Company Benefits. Executive and, to the extent applicable, Executive’s spouse, dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, available to other executive employees of Company. Such benefits, plans and programs may include, without limitation, pension benefit plans, health insurance or health care plans, life insurance, disability insurance, supplemental retirement plans, vacation and sick leave benefits, and the like. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees generally.

Appears in 4 contracts

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

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Other Company Benefits. Executive and, to the extent applicable, Executive’s 's spouse, dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, available to other executive employees of Company. Such benefits, plans and programs may include, without limitation, pension benefit plans, health insurance or health care plans, life insuranceplan, disability insurance, supplemental retirement plans, vacation and sick leave benefits, and the like. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees generally.

Appears in 4 contracts

Samples: Employment Agreement (Sterling Bancshares Inc), Employment Agreement (Sterling Bancshares Inc), Employment Agreement (Southwest Bancorp of Texas Inc)

Other Company Benefits. Executive and, to the extent applicable, Executive’s spouse, and his dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, generally available to other executive employees of Company. Such benefits, plans and programs may include, without limitation, pension benefit plansprofit sharing plan, thrift plan, health insurance or health care plansplan, life insurance, disability insurance, pension plan, supplemental retirement plans, vacation and sick leave benefits, and the like. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees generally.

Appears in 1 contract

Samples: Employment Agreement (Seven Seas Petroleum Inc)

Other Company Benefits. Executive and, to the extent applicable, Executive’s 's spouse, dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, available to other executive employees of Companysimilarly-situated Company employees. Such benefits, plans and programs may include, without limitation, pension benefit plans, health insurance or health care plansplan, life insurance, 401(k) plan, disability insurance, supplemental retirement plans, vacation and sick leave benefits, and the like. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees generally.

Appears in 1 contract

Samples: Employment Agreement (Marine Drilling Companies Inc)

Other Company Benefits. Executive and, to the extent applicable, Executive’s 's spouse, dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, available to other executive employees of Company. Such benefits, plans and programs may include, without limitation, pension benefit plansprofit sharing plan, thrift plan, health insurance or health care plansplan, life insurance, disability insurance, pension plan, supplemental retirement plans, vacation and sick leave benefits, and the like. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees generally.

Appears in 1 contract

Samples: Employment Agreement (Seven Seas Petroleum Inc)

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Other Company Benefits. Executive and, to the extent applicable, Executive’s 's spouse, dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, available to other executive employees of Companysimilarly-situated Company employees. Such benefits, plans and programs may include, without limitation, pension benefit plans, health insurance or health care plansplan, life insurance, disability insurance, supplemental retirement plans, vacation and sick leave benefits, and the like. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees generally.

Appears in 1 contract

Samples: Employment Agreement (Marine Drilling Companies Inc)

Other Company Benefits. Executive and, to the extent applicable, Executive’s spouse, dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, available to other executive employees of Company. Such benefits, plans and programs may include, without limitation, pension benefit plans, health insurance or health care plans, life insuranceplan, disability insurance, supplemental retirement plans, vacation and sick leave benefits, and the like. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees of Company generally.

Appears in 1 contract

Samples: Employment Agreement (Southwest Bancorp of Texas Inc)

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