Common use of Additional Employee Benefits Clause in Contracts

Additional Employee Benefits. Initially, the Employee shall receive such employee benefits that are provided generally to the Company's employees as of the date of the Purchase Agreement (collectively, the "LogiMetrics Benefits"). After the date hereof, any of the LogiMetrics Benefits may be amended, supplemented, terminated or modified from time to time by the Company, so long as the Company provides the Employee with employee benefits similar to those provided to other comparably situated Company employees.

Appears in 6 contracts

Samples: Employment Agreement (Logimetrics Inc), Stockholders Agreement (Logimetrics Inc), Stockholders Agreement (Logimetrics Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!