Common use of Right to Change Plans Clause in Contracts

Right to Change Plans. Nothing in this Agreement shall be construed to limit, condition or otherwise encumber the rights of the Company to amend, discontinue, substitute or maintain any benefit plan, program or perquisite, and no such amendment, discontinuance, substitution or maintenance or failure to maintain any benefit plan, program or perquisite shall be construed as a breach of this Agreement.

Appears in 10 contracts

Samples: Employment Agreement (Whitehall Jewelers Holdings, Inc.), Employment Agreement (BTHC VII Inc), Employment Agreement (BTHC VII Inc)

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Right to Change Plans. Nothing in this Agreement shall be construed to limit, condition condition, or otherwise encumber the rights right of the Company to amend, discontinue, substitute terminate, substitute, or maintain any benefit plan, program program, policy, arrangement or perquisite, including, but not limited to, the benefits and no other perquisites set forth in Section 2.3, provided any such amendmentchanges, discontinuance, substitution or maintenance or failure changes (other than the Salary Continuation Agreements) in the agreement will not result in a noticeably decreased level of benefits to maintain any benefit plan, program or perquisite shall be construed as a breach of this AgreementExecutive.

Appears in 3 contracts

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

Right to Change Plans. Nothing in this Agreement shall be construed to limit, condition condition, or otherwise encumber the rights right of the Company Company, in its sole discretion, to amend, discontinue, substitute substitute, or maintain any benefit plan, program program, or perquisite, and no such amendment, discontinuance, substitution or maintenance or failure to maintain any benefit plan, program or perquisite shall be construed as a breach of this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Zebra Technologies Corp/De), Executive Employment Agreement (Zebra Technologies Corp/De)

Right to Change Plans. Nothing in this Agreement shall be construed to limit, condition or otherwise encumber the rights of the Company to amend, discontinue, substitute or maintain any benefit plan, program or perquisite, and no such amendment, discontinuance, substitution or maintenance or failure to maintain any benefit plan, program or perquisite shall be construed as a breach of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Whitehall Jewellers Inc), Employment Agreement (Whitehall Jewellers Inc)

Right to Change Plans. Nothing in this Agreement shall be construed to limit, condition condition, or otherwise encumber the rights right of the Company to amend, discontinue, substitute terminate, substitute, or maintain any benefit plan, program program, policy, arrangement or perquisite, including, but not limited to, the benefits, arrangements and no other perquisites set forth in Section 2.3., provided any such amendmentchanges, discontinuance, substitution or maintenance or failure changes (other than the Salary Continuation Agreements) in the agreement will not result in a materially adverse level of benefits to maintain any benefit plan, program or perquisite shall be construed as a breach of this AgreementExecutive.

Appears in 1 contract

Samples: Employment Agreement (Vib Corp)

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Right to Change Plans. Nothing in this Agreement shall be construed to limit, condition condition, or otherwise encumber the rights right of the Company to amend, discontinue, substitute substitute, or maintain any benefit plan, program program, or perquisite, . Employee acknowledges and no such amendment, discontinuance, substitution or maintenance or failure agrees that he has been provided with copies of all applicable plan and benefits documents prior to maintain any benefit plan, program or perquisite shall be construed as a breach of executing this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Dura Automotive Systems Inc)

Right to Change Plans. Nothing in this Agreement shall be construed to limit, condition condition, or otherwise encumber the rights right of the Company to amend, discontinue, substitute terminate, substitute, or maintain any benefit plan, program program, policy, arrangement or perquisite, including, but not limited to, the benefits and no such amendmentother perquisites set forth in Section 2.3, discontinuancePROVIDED ANY SUCH CHANGE, substitution or maintenance or failure to maintain any benefit plan, program or perquisite shall be construed as a breach of this AgreementOR CHANGES (OTHER THAN THE SALARY CONTINUATION AGREEMENTS) IN THE AGREEMENT WILL NOT RESULT IN A NOTICEABLY DECREASED LEVEL OF BENEFITS TO EXECUTIVE.

Appears in 1 contract

Samples: Employment Agreement (Vib Corp)

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