Benefit Plans and Policies Sample Clauses

Benefit Plans and Policies. During the Employment Period, the Executive and the Executive’s eligible dependents shall be eligible to participate in the savings and retirement plans and policies, welfare plans and policies (including, without limitation, medical and dental) and fringe benefit plans and policies of the Employer, in each case, that are made generally available to the Peer Executives on a basis no less favorable than that provided generally to the Peer Executives. Notwithstanding the foregoing, nothing herein shall, or shall be construed so as to, require the Employer to adopt or continue any plan or policy or to limit the Employer’s right to amend or terminate any such plan or policy at any time.
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Benefit Plans and Policies. During the Employment Period, the Executive and the Executive’s eligible dependents shall be eligible to participate, to the extent permitted under the terms of the applicable plans or policies, in the savings and retirement plans and policies, welfare plans and policies (including, without limitation, available medical and executive term life insurance plans) and fringe benefit plans and policies of the Employer, in each case, that are made generally available to the Employer’s senior executive officers, on a basis no less favorable than that provided generally to the Employer’s senior executive officers. Notwithstanding the foregoing, nothing herein shall, or shall be construed so as to, require the Employer to adopt or continue any plan or policy or to limit the Employer’s right to amend or terminate any such plan or policy at any time without Executive’s consent or the creation of a Good Reason for resignation.
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Benefit Plans and Policies. During the Employment Period, the Executive and/or the Executive's eligible dependents, as the case may be, shall be entitled to participate in and shall receive all benefits, at levels suitable for executives, under the Employer's savings and retirement plans and policies, welfare plans and policies and fringe benefit plans and policies (with the automobile lease allowance not to exceed one thousand dollars ($1000) per month), which plans and policies shall be consistent with those maintained by the Employer for similarly situated employees, but in no event shall be inferior to the plans and policies maintained by the Employer as of the date of this Agreement.
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Benefit Plans and Policies. 28.01 a) The Employer shall continue its long-term disability policy, voluntary personal accident insurance, health plan, dental plan, liability insurance for employees, and life insurance policy. The current benefit coverage provided under the health plan and the dental plan will not be altered without a consultative process that involves the Union.
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Benefit Plans and Policies. 1. Employee shall be eligible to participate in all of the Company’s benefit plans and policies, including, but not limited to, the Company’s health insurance plan, life insurance plan, short-term disability plan and long-term disability plan as such plans shall exist from time to time.
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Benefit Plans and Policies. 28.01 a) If Part-time Employees are required to travel fifty (50) kilometres or more one way to teach their course, they shall be provided with a travel allowance, calculated and paid in accordance with the University policy "Travel Allowances for Part-time Academic Staff." Changes to the policy will only be made after consultation with the Union.
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Benefit Plans and Policies. During the Employment Period, the Executive and/or the Executive's eligible dependents, as the case may be, shall be entitled to participate in and shall receive all benefits; at levels suitable for executives, under the savings and retirement plans and policies, welfare plans (including, without limitation, medical and dental) and policies and fringe benefit plans and policies of the Partnership on a basis no less favorable than provided any other Peer Executive. In addition, the Partnership shall pay for the Executive's monthly parking expenses and, prior to the Executive and/or his dependents eligibility for enrollment in the Partnership's medical and/or dental plans, shall reimburse the Executive for the COBRA costs for his current employer's medical and/or dental plans covering both the Executive and his eligible dependents (with any such reimbursement grossed up for any income withholding taxes incurred by the Executive (if any) on such reimbursement).
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Benefit Plans and Policies. (a) Except as otherwise provided in this Section 5, coverage and benefits for Transferred Employees or their dependents under any employee benefit plan or any related policies or programs offered by Purchaser ("Purchaser Plans"), shall apply without regard to eligibility for such coverage or benefits under any GM Employee Benefit Plan, and shall be primary.
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Related to Benefit Plans and Policies

  • Benefit Plans and Programs To the extent permitted by applicable law and subject to the terms and eligibility requirements of any such plan or program, Executive will be eligible to participate in all benefit plans and programs, including improvements or modifications of the same, that are maintained by the Company generally for executive employees of the Company, subject to the eligibility requirements and other terms and conditions of those plans and programs. The Company will not, however, by reason of this Section 5(b) be obligated either (1) to institute, maintain, or refrain from changing, amending, or discontinuing any such benefit plan or program, or (2) to provide Executive with all benefits provided to any other person or individual employed by the Company or any of its affiliates.

  • Benefit Plans The Executive shall be entitled to participate in any benefit plans relating to stock options, stock purchases, awards, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or employee benefits available to other senior executive employees of the Company, subject to any restrictions (including waiting periods) specified in such plans.

  • Benefit Plans and Perquisites The Executive shall be entitled throughout the term of this Agreement to participate in any and all officer or employee compensation, bonus, incentive, and benefit plans in effect from time to time, including without limitation plans providing pension, medical, dental, disability, and group life benefits, including the Employer’s 401(k) Plan, and to receive any and all other fringe benefits provided from time to time, provided that the Executive satisfies the eligibility requirements for any such plans or benefits. Without limiting the generality of the foregoing –

  • Benefit Plans; ERISA (a) Section 2.09(a) of the Disclosure Schedule contains a true and complete list and description of each of the Benefit Plans and identifies each of the Benefit Plans that is a Qualified Plan and relates to Employees.

  • Employee Plans Except as provided in Section 4.12, the Assuming Institution shall have no liabilities, obligations or responsibilities under the Failed Bank's health care, bonus, vacation, pension, profit sharing, deferred compensation, 401K or stock purchase plans or similar plans, if any, unless the Receiver and the Assuming Institution agree otherwise subsequent to the date of this Agreement.

  • Employee Benefit Plans and Arrangements Schedule 6.22 sets forth a complete and accurate list of each Benefit Plan covering any present or former officers, employees or directors of the Company. "Benefit Plan" means each "employee pension benefit plan" (as defined in Section 3(3) of ERISA, hereinafter a "Pension Plan"), "employee welfare benefit plan" (as defined in Section 3(1) of ERISA, hereinafter a "Welfare Plan") and each other plan or arrangement (written or oral) relating to deferred compensation, bonus, performance compensation, stock purchase, stock option, stock appreciation, severance, vacation, sick leave, holiday pay, fringe benefits, personnel policy, reimbursement program, incentive, insurance, welfare or similar plan, program, policy or arrangement, in each case maintained or contributed to, or required to be maintained or contributed to, by the Company or its affiliates or any other person or entity that, together with the Company, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code (each, together with the Company, a "Commonly Controlled Entity") for the benefit of any present or former officer, employee or director. The Company has no intent or commitment to create any additional Benefit Plan or amend any Benefit Plan so as to increase benefits thereunder. The Company has not created any Benefit Plan or declared or paid any bonus compensation in contemplation of the transactions contemplated by this Agreement. A current, accurate and complete copy of each Benefit Plan has been made available to UniCapital. Except as disclosed on Schedule 6.22:

  • Plans and Benefit Arrangements The Borrower shall, and shall cause each other member of the ERISA Group to, comply with ERISA, the Internal Revenue Code and other applicable Laws applicable to Plans and Benefit Arrangements except where such failure, alone or in conjunction with any other failure, would not result in a Material Adverse Change. Without limiting the generality of the foregoing, the Borrower shall cause all of its Plans and all Plans maintained by any member of the ERISA Group to be funded in accordance with the minimum funding requirements of ERISA and shall make, and cause each member of the ERISA Group to make, in a timely manner, all contributions due to Plans, Benefit Arrangements and Multiemployer Plans.

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