Common use of Welfare Benefits Clause in Contracts

Welfare Benefits. During the Term of this Agreement, Executive, and his family, as applicable, shall be entitled to participate in all insurance, medical, health and welfare, and similar plans and arrangements, as well as all vacation and other employee fringe benefit plans, perquisite plans, and other policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive’s participation shall be in accordance with the terms and provisions of such plans.

Appears in 20 contracts

Samples: Executive Employment Agreement (Chesapeake Utilities Corp), Executive Employment Agreement (Chesapeake Utilities Corp), Executive Employment Agreement (Chesapeake Utilities Corp)

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Welfare Benefits. During the Term of this Agreement, Executive, and his her family, as applicable, shall be entitled to participate in all insurance, medical, health and welfare, and similar plans and arrangements, as well as all vacation and other employee fringe benefit plans, perquisite plans, and other policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his her position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive’s participation shall be in accordance with the terms and provisions of such plans.

Appears in 5 contracts

Samples: Executive Employment Agreement (Chesapeake Utilities Corp), Executive Employment Agreement (Chesapeake Utilities Corp), Executive Employment Agreement (Chesapeake Utilities Corp)

Welfare Benefits. During the Term of this Agreement, Executive, and his or her family, as applicable, shall be entitled to participate in all insurance, medical, health and welfare, and similar plans and arrangements, as well as all vacation and other employee fringe benefit plans, perquisite plans, and other policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his or her position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive’s participation shall be in accordance with the terms and provisions of such plans.

Appears in 5 contracts

Samples: Executive Employment Agreement (Chesapeake Utilities Corp), Executive Employment Agreement (Chesapeake Utilities Corp), Executive Employment Agreement (Chesapeake Utilities Corp)

Welfare Benefits. During the Term of this Agreement, Executive, and his family, as applicable, shall be entitled to participate in all insurance, medical, health and welfare, and similar plans and arrangements, as well as all vacation and other employee fringe benefit plans, perquisite plans, and other policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive’s participation shall be in accordance with the terms and provisions of such plans.. Initials _____

Appears in 1 contract

Samples: Executive Employment Agreement (Chesapeake Utilities Corp)

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Welfare Benefits. During the Term of this Agreement, Executive, and his family, as applicable, shall be entitled to participate in all insurance, medical, health and welfare, and similar plans and arrangements, as well as all vacation and other employee fringe benefit plans, Initials ____ perquisite plans, and other policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive’s participation shall be in accordance with the terms and provisions of such plans.

Appears in 1 contract

Samples: Executive Employment Agreement (Chesapeake Utilities Corp)

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