Common use of Retirement and Welfare Benefits Clause in Contracts

Retirement and Welfare Benefits. The Executive shall be entitled to participate in the Company’s health, life insurance, long and short-term disability, dental, retirement, and medical programs, if any, pursuant to their respective terms and conditions, on a basis no less than commensurate with those provided to any other senior executives of the Company. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Date, provided that any such amendment or termination shall be effective as to the Executive only if it is equally applicable to every other senior executive officer of the Company.

Appears in 6 contracts

Samples: Executive Employment Agreement (C-Bond Systems, Inc), Executive Employment Agreement (Life Clips, Inc.), Stock Purchase Agreement (Life Clips, Inc.)

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Retirement and Welfare Benefits. The Executive shall be entitled to participate in the Company’s 's health, life insurance, long and short-term disability, dental, retirement, and medical programs, if any, pursuant to their respective terms and conditions, on a basis no less than commensurate with those provided to any other senior executives of the CompanyCEO. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Dateeffective date of this Agreement, provided that any such amendment or termination shall be effective as to the Executive only if it is equally applicable to every other senior executive officer of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Sports Authority Inc /De/), Employment Agreement (Sports Authority Inc /De/), Employment Agreement (Sports Authority Inc /De/)

Retirement and Welfare Benefits. The Executive shall be entitled to participate in the Company’s health, life insurance, long and short-term disability, dental, retirement, and medical programs, if any, pursuant to their respective terms and conditions, on a basis no less than commensurate with those provided to any other senior executives executive vice president of the Company. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Commencement Date, provided that any such amendment or termination shall be effective as to the Executive only if it is equally applicable to every other senior executive officer of the Company.

Appears in 4 contracts

Samples: Employment Agreement (FaceBank Group, Inc.), Employment Agreement (Recall Studios, Inc.), Employment Agreement (Recall Studios, Inc.)

Retirement and Welfare Benefits. The Executive shall be entitled to participate in the Company’s 's health, life insurance, long and short-term disability, dental, retirement, and medical programs, if any, pursuant to their respective terms and conditions, on a basis no less than commensurate with those provided to any other senior executives executive vice president of the Company. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Dateeffective date of this Agreement, provided that any such amendment or termination shall be effective as to the Executive only if it is equally applicable to every other senior executive officer of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Sports Authority Inc /De/), Employment Agreement (Sports Authority Inc /De/), Employment Agreement (Sports Authority Inc /De/)

Retirement and Welfare Benefits. The Executive shall be entitled to participate in the Company’s 's health, life insurance, long and short-term disability, dental, retirement, and medical programs, if any, pursuant to their respective terms and conditions, on a basis no less than commensurate with those provided to any other senior executives of the Company. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Date, provided that any such amendment or termination shall be effective as to the Executive only if it is equally applicable to every other senior executive officer of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (WestMountain Alternative Energy Inc)

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Retirement and Welfare Benefits. The Executive shall be entitled to participate in the Company’s 's health, life insurance, long and short-term disability, dental, retirement, and medical programs, if any, pursuant to their respective terms and conditions, on a basis no less than commensurate with those provided to any other senior executives executive officer of the Company. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Dateeffective date of this Agreement, provided that any such amendment or termination shall be effective as to the Executive only if it is equally applicable to every other senior executive officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Sports Authority Inc /De/)

Retirement and Welfare Benefits. The Executive Director shall be entitled to participate in the Company’s health, life insurance, long and short-term disability, dental, retirement, and medical programs, if any, pursuant to their respective terms and conditions, on a basis no less than commensurate with those provided to any other senior executives executive vice president of the Company. Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Commencement Date, provided that any such amendment or termination shall be effective as to the Executive Director only if it is equally applicable to every other senior executive officer of the Company.

Appears in 1 contract

Samples: Agreement for Executive Chairman of Board of Directors (Recall Studios, Inc.)

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