Common use of Savings and Retirement Plans Clause in Contracts

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, and programs as in effect at any time during the 90-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

Appears in 9 contracts

Samples: Employment Agreement (Florida Power & Light Co), Employment Agreement (Florida Power & Light Co), Employment Agreement (Florida Power & Light Co)

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Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90120-day period immediately preceding the Effective Date or, or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

Appears in 5 contracts

Samples: Change of Control (Vulcan Materials CO), Employment Agreement (Vulcan Materials CO), Employment Agreement (Vulcan Materials CO)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90120-day period immediately preceding the Effective Date or, or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.. (v)

Appears in 5 contracts

Samples: Employment Agreement (Vulcan Materials Co), Employment Agreement (Vulcan Materials Co), Employment Agreement (Vulcan Materials Co)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, policies and programs as in effect at any time anytime during the 90-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Key Employee Agreement (Graco Inc), Key Employee Agreement (Graco Inc), Key Employee Agreement (Graco Inc)

Savings and Retirement Plans. During the Employment PeriodTerm, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company Bank and its affiliated companies, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company Bank and its affiliated companies for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90-day 12 month period immediately preceding the Effective Date Date, or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company Bank and its affiliated companies.

Appears in 4 contracts

Samples: Employment Agreement (First Indiana Corp), Employment Agreement (First Indiana Corp), Employment Agreement (First Indiana Corp)

Savings and Retirement Plans. During the Employment Continuity Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company and its affiliated companiesAffiliates, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies Affiliates for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companiesAffiliates.

Appears in 4 contracts

Samples: Change in Control Continuity Agreement (Eagle Materials Inc), Change in Control Continuity Agreement (Eagle Materials Inc), Control Continuity Agreement (Eagle Materials Inc)

Savings and Retirement Plans. During the Employment PeriodTerm, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90-day 12 month period immediately preceding the Effective Date Date, or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

Appears in 3 contracts

Samples: Employment Agreement (First Indiana Corp), Employment Agreement (First Indiana Corp), Employment Agreement (First Indiana Corp)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, and programs applicable generally to other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, opportunities less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies the Affiliated Companies for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 2 contracts

Samples: Change of Control Employment Agreement (Capital One Financial Corp), Change of Control Employment Agreement (Capital One Financial Corp)

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Savings and Retirement Plans. During the ---------------------------- Employment Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90120-day period immediately preceding the Effective Date or, or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.. Without limiting the generality of the foregoing, the Company and its affiliated companies shall continue to honor any individual agreements between any of them and the

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled eligible to participate in and shall receive all benefits under savings and retirement plans, practices, policies, policies and programs provided by the Company and the Affiliated Entities (including, without limitation, pension and 401(k) plans and programs) to the extent applicable generally to other peer executives of the Company and its affiliated companiesthe Affiliated Entities, but in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, benefits that are less favorable, in the aggregate, favorable than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, policies and programs as in effect for the Executive at any time during the 90120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companiesthe Affiliated Entities.

Appears in 1 contract

Samples: Change in Control Continuity Agreement (Arlington Asset Investment Corp.)

Savings and Retirement Plans. During the Employment PeriodTerm, the Executive ---------------------------- shall be entitled to participate in all savings and retirement plans, practices, policies, policies and programs applicable generally to other peer executives of the Company and its affiliated companiessubsidiaries, but after the Change Date, in no event shall such plans, practices, policies, policies and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies subsidiaries for the Executive under such plans, practices, policies, policies and programs as in effect at any time during the 90120-day period immediately preceding the Effective Change Date or, or if more favorable to the Executive, those provided generally at any time after the Effective Change Date to other peer executives of the Company and its affiliated companiessubsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Us Foodservice/Md/)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings and retirement plans, practices, policies, and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, and programs provide the Executive with savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies, and programs as in effect at any time during the 90-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.. (e)

Appears in 1 contract

Samples: Employment Agreement Employment Agreement (Florida Power & Light Co)

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