Common use of Welfare Benefit Plans Clause in Contracts

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Change of Control Date.

Appears in 22 contracts

Samples: Employment Agreement, Change of Control Employment Agreement (Kewaunee Scientific Corp /De/), Change of Control Employment Agreement (Kewaunee Scientific Corp /De/)

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Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company, but in no event shall such Company and its affiliated companies. Such plans, practices, policies and programs shall provide the Executive with benefits which are less favorableequal, in the aggregate, than to the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 12090-day period immediately preceding the Change of Control Applicable Date.

Appears in 22 contracts

Samples: Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent generally applicable generally to other peer executives of the CompanyCompany and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive and/or the Executive’s family at any time during the 12090-day period immediately preceding the Change of Control Effective Date.

Appears in 15 contracts

Samples: In Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp), Change in Control Agreement (Invitrogen Corp)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company, but in no event shall such Company and its affiliated companies. Such plans, practices, policies and programs shall provide the Executive with benefits which are less favorableequal, in the aggregate, than to the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 12090-day period immediately preceding the Change of Control Applicable Date.

Appears in 14 contracts

Samples: Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company, Company but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Change of Control Date.

Appears in 5 contracts

Samples: Employment Agreement (Kewaunee Scientific Corp /De/), Change of Control Employment Agreement (Kewaunee Scientific Corp /De/), Change of Control Employment Agreement (Kewaunee Scientific Corp /De/)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive provided generally at any time during after the 120-day period immediately preceding Effective Date to other executives of the Change of Control DateCompany.

Appears in 5 contracts

Samples: Employment Agreement (Neutron Energy, Inc.), Employment Agreement (Neutron Energy, Inc.), Employment Agreement (Neutron Energy, Inc.)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent and applicable generally to other peer executives of the CompanyCompany and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120one-day year period immediately preceding the Change of Control Effective Date.

Appears in 4 contracts

Samples: Agreement (Fleet Financial Group Inc), Agreement (Fleet Boston Corp), Agreement (Fleet Boston Corp)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the CompanyCompany and the Affiliated Companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Change of Control Effective Date.

Appears in 4 contracts

Samples: Executive Agreement (Titan Corp), Executive Agreement (Titan Corp), Executive Agreement (Titan Corp)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company, Company but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Change of Control Date.

Appears in 4 contracts

Samples: Change of Control (Kewaunee Scientific Corp /De/), Change of Control (Kewaunee Scientific Corp /De/), Change of Control (Kewaunee Scientific Corp /De/)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive provided generally at any time during after the 120-day period immediately preceding Effective Date to other executives of the Change of Control DateCompany.

Appears in 3 contracts

Samples: Employment Agreement (Simula Inc), Employment Agreement (Zila Inc), Employment Agreement (Zila Inc)

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Welfare Benefit Plans. During the Employment Period, the Executive and/or and the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent generally applicable generally to other peer executives of the Company, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive and the Executive's family at any time during the 120-day period immediately preceding the Change of Control Effective Date.

Appears in 2 contracts

Samples: Change of Control Agreement (Wilson Greatbatch Technologies Inc), Change of Control Agreement (Greatbatch, Inc.)

Welfare Benefit Plans. During the Employment Period, the Executive and/or and the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent generally applicable generally to other peer executives of the Company, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive and the Executive’s family at any time during the 120-day period immediately preceding the Change of Control Effective Date.

Appears in 2 contracts

Samples: Change of Control Agreement (Integer Holdings Corp), Change of Control Agreement (Greatbatch, Inc.)

Welfare Benefit Plans. During the Employment Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent and applicable generally to other peer executives of the CompanyCompany and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120one-day year period immediately preceding the Change of Control Effective Date.

Appears in 1 contract

Samples: Agreement (Bank of America Corp /De/)

Welfare Benefit Plans. During the Employment Period, the Executive --------------------- and/or the Executive’s 's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the CompanyCompany and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Change of Control Effective Date.

Appears in 1 contract

Samples: Change in Control (Xcellenet Inc /Ga/)

Welfare Benefit Plans. During the Employment Protected Period, the Executive and/or the Executive’s family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and the Affiliated Companies (including, including without limitation, limitation medical, prescriptionprescription drug, dental, vision, disability, salary continuance, employee life, group lifelife insurance, accidental death and dismemberment, and travel accident insurance plans and programs) to the extent generally applicable generally to other peer executives of the CompanyCompany and the Affiliated Companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day one year period immediately preceding the date of the Change of Control Datein Control.

Appears in 1 contract

Samples: General Release (Sanfilippo John B & Son Inc)

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