Additional Employment Benefits. Executive shall be entitled to participate in all benefits made generally available by Company to its executive officers during the period covered by this Agreement including, without limitation, vacations, pension plans, profit sharing plans, stock option plans, deferred compensation plans, hospitalization insurance, health and accident insurance, disability insurance, group term life insurance, automobile allowances and all other fringe benefits which may be provided by Company for its executive officers during the term of employment.
Additional Employment Benefits. The Company shall provide the Employee with the following fringe benefits:
Additional Employment Benefits. Company shall provide Employee with the following additional employment benefits during the term of his employment hereunder:
Additional Employment Benefits. During the Term, Company shall provide Executive with the following fringe benefits (collectively, the "Benefits"):
Additional Employment Benefits. The medical insurance and other benefits provided pursuant to Sections 4.1 and 4.3 of the Agreement shall cease in the event Employee relocates to England and Employee shall be provided with benefits similar to those offered to other senior officers of the Company located in England.
Additional Employment Benefits. During the Term,
4.1 Officer will be entitled to participate in Company's employee benefit plans and programs in effect from time to time, including, without limitation, pension and/or profit sharing plans, medical reimbursement plans and group life, health, disability and other insurance programs, if any, as determined by the Board of Directors to avoid inequitable compensation among each Company and as applicable to Officer as an executive officer of each Company; provided, however, each Company shall be under no obligation to adopt or maintain any fringe benefit program, whether or not such fringe benefit program is in existence as of the date hereof or Officer is eligible to participate therein; and
4.2 Officer will receive such paid vacation time and sick leave as he is entitled in accordance with Capri's policies in effect from time to time.
Additional Employment Benefits. Dunaxxxx xxxll be entitled to such additional employment benefits as are normal and customary for a President of a U.S. publicly traded company that is similar in size and nature as Corsaire.
Additional Employment Benefits. Siebenburgen shall be entitled to participate in all benefits made generally available by Company to its Executive Officers during the period covered by this Agreement, including, without limitation, vacations, pension plans, profit sharing plans, hospitalization insurance, health and accident insurance, disability insurance, group term life insurance, automobile allowances and all other fringe benefits which may be provided by Company for any of its Executive Officers during the term of employment.
Additional Employment Benefits. During the Term, Employer will provide Employee with such other fringe benefits, and Employee will participate in such other employee benefit plans and arrangements, subject to the applicable eligibility and other terms and provisions of such plans and arrangements, as are generally provided to other similarly situated, highly compensated employees of Employer or Crown Crafts. During the Term, Employer will also provide Employee the use of an Employer-owned automobile (including Employer’s payment of all associated expenses for insurance, maintenance and gasoline). In the discretion of the Board or a committee thereof, Employee may also receive awards under any equity compensation plans established by Crown Crafts, subject to the applicable eligibility and other terms and provisions of such plans and awards.
Additional Employment Benefits. During the term of your employment with us:
a. you will be permitted to participate in any group life, hospitalization or disability insurance plans, health programs, pension and profit sharing plans and similar benefits that may be available to similarly situated senior executives of the Company generally, on the same terms as may be applicable to such other executives, in each case to the extent that you are eligible under the terms of such plans or programs;
b. we will maintain customary liability insurance for trustees and officers and list you as a covered officer;
c. you will be entitled to vacation of four (4) weeks per year;
d. we will provide you an allowance for the use of an automobile (including the payment of vehicle insurance) in accordance with our policy in effect from time to time or, at our option, in lieu of providing such allowance, we will provide you with an automobile of suitable standard to your position; and
e. we will pay or reimburse you for all ordinary and reasonable out-of-pocket business expenses actually incurred (and, in the case of reimbursement, paid) by you during your employment with us pursuant to the Company’s standard expense reimbursement policy as in effect from time to time, so long as you provide proper documentation establishing the amount, date and business purpose of the expenses (out-of-pocket business expenses shall include, without limitation, the costs and expenses required to maintain your bar membership and continuing legal education requirements in the states where you are presently licensed and in any other states for which we request your bar admission).
