Common use of Benefit Plans and Policies Clause in Contracts

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.

Benefit Plans and Policies. During the Employment Period, the Executive and/or the Executive’s '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 '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.