Benefits and Other Rights Sample Clauses

Benefits and Other Rights. (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder. Such reimbursement, which in all cases will be made no later than sixty (60) days after Executive incurs the expense, is conditioned upon Executive adhering to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances, including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company’s health insurance plan. In addition, Executive and his eligible dependents shall be eligible to participate in all other employee benefit programs applicable to the Company’s senior executives generally (including, but not limited to, those set forth on Exhibit A attached hereto, during the period of eighteen (18) months following the Effective Time, to the extent that Executive is eligible to participate in the programs described therein as of the date hereof). (c) During the Term, Executive shall be entitled to an aggregate of thirty-five (35) days of paid time off (i.e., paid vacation and paid personal days) and eight (8) days of federal holidays. Unused paid time off shall not be carried over from one year to the next.
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Benefits and Other Rights. In consideration for Executive's performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder. Such reimbursement, however, is conditioned upon Executive adhering to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances, including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company's health insurance plan during the Term, but subject to completion of normal waiting periods. During any such waiting period, the Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. The Company will provide Executive, at Company's expense, short-term disability and life insurance. (c) During the Term the Executive shall be entitled to twenty (20) days paid vacation per year, it being understood and agreed that unused vacation shall not be carried over from one year to the next. In addition, Executive shall be entitled to eight (8) paid holidays and four (4) paid personal days off.
Benefits and Other Rights. In consideration for Executive’s performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder. Such reimbursement, which in all cases will be made no later than the end of the calendar year after which Executive incurs the expense, is conditioned upon Executive adhering to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company’s health insurance plan, but subject to completion of normal waiting periods. During any such waiting period, the Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. (c) During the Term the Executive shall be entitled to twenty (20) days paid vacation, it being understood and agreed that unused vacation shall not be carried over from one year to the next. In addition, Executive shall be entitled to eight (8) paid holidays and four (4) paid personal days off.
Benefits and Other Rights. In consideration for Executive's performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder. Such reimbursement, however, is conditioned upon Executive adhering to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances, including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) To the extent from time-to-time provided by the Company to employees of the Company at the same level as Executive, either (i) a car allowance or (ii) a company car, gasoline charge card and car maintenance plan. Executive acknowledges that the Company may in its discretion change its policies for these purposes including, without limitation, ceasing to provide the benefits set forth in this paragraph. (c) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company's health insurance plan, but subject to completion of normal waiting periods. During any such waiting period, the Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. (d) During the Term the Executive shall be entitled to fifteen (15) days paid vacation, it being understood and agreed that unused vacation shall not be carried over from one year to the next. In addition, Executive shall be entitled to eight (8) paid holidays and four (4) paid personal days off.
Benefits and Other Rights. In consideration for Executive’s performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder. Such reimbursement, however, is conditioned upon Executive adhering to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company’s health insurance plan, but subject to completion of normal waiting periods. During any such waiting period, the Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. (c) During the Term the Executive shall be entitled to fifteen (15) days paid vacation, it being understood and agreed that unused vacation shall not be carried over from one year to the next. In addition, Executive shall be entitled to eight (8) paid holidays and four (4) paid personal days off. (d) The Company will pay Executive’s reasonable moving costs for the relocation of his residence to the Atlanta, Georgia metropolitan area, subject to the approval of such moving costs by the Compensation Committee of the Company’s Board of Directors.
Benefits and Other Rights. In consideration for Executive’s performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder; provided, however, Executive adheres to any and all reasonable policies established by the Company from time to time with respect to such reimbursements or advances, including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) The Company will provide Executive with a monthly car allowance in the amount of One Thousand Dollars ($1,000.00) subject to standard payroll withholding for taxes. (c) The Company will provide Executive with disability coverage on the same basis as is provided to its other senior executives. (d) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company’s health insurance plan, but subject to completion of normal waiting periods. During any such waiting period, the Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. (e) During the Term Executive shall be entitled to four (4) weeks paid vacation, it being understood and agreed that unused vacation shall not be carried over from one year to the next. (f) During the Term Executive shall be eligible to participate in the Company’s 401(k) program and life insurance programs, if any, subject to satisfying any eligibility requirements for said benefits.
Benefits and Other Rights. In consideration for Executive's performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder; provided, Executive adheres to any and all reasonable policies established by Company from time to time with respect to such
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Benefits and Other Rights. In consideration for Executive's performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder. Such reimbursement, however, is conditioned upon Executive adhering to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances, including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) A company car, gasoline charge card and car maintenance plan will be provided to Executive and paid for by the Company during the term. (c) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company's health insurance plan, but subject to completion of normal waiting periods. During any such waiting period, the Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. (d) During the Term the Executive shall be entitled to ten (10) days paid vacation, it being understood and agreed that unused vacation shall not be carried over from one year to the next. In addition, Executive shall be entitled to eight (8) paid holidays and four (4) paid personal days off.
Benefits and Other Rights. In consideration for Executive's performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder; provided, Executive adheres to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances, including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) The Company will provide Executive with a monthly car allowance in the amount of Seven Hundred and Fifty Dollars ($750.00) subject to standard payroll withholding for taxes. (c) The Company will provide Executive and his family with group medical coverage under the terms of the Company's health insurance plan, but subject to completion of normal waiting periods. During any such waiting period, or in the event that at the date of this Agreement the Company's group medical coverage is not yet in effect, then, in either case, Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. (d) During the Term the Executive shall be entitled to three (3) weeks paid vacation, it being understood and agreed that unused vacation shall not be carried over from one year to the next. (e) As a one time benefit, the Company will reimburse, or pay directly on Executive's behalf, the expenses, including, but not limited to, realtor fees, associated with moving Executive's family and household possessions from Naperville, Illinois to the northern suburbs of the Chicago metropolitan area ("Moving Expenses"); provided, in each case, that Executive shall provide such documentation of all Moving Expenses as the Company shall reasonably request.
Benefits and Other Rights. In consideration for Executive’s performance under this Agreement, the Company shall provide to Executive the following benefits: (a) The Company will provide Executive with cash advances for or reimbursement of all reasonable out-of-pocket business expenses incurred by Executive in connection with his employment hereunder. Such reimbursement, which in all cases will be made no later than the end of the calendar year after which Executive incurs the expense, is conditioned upon Executive adhering to any and all reasonable policies established by Company from time to time with respect to such reimbursements or advances, including, but not limited to, a requirement that Executive submit supporting evidence of any such expenses to the Company. (b) The Company will provide Executive and his family with the opportunity to receive group medical coverage under the terms of the Company’s health insurance plan during the Term, but subject to completion of normal waiting periods. During any such waiting period, the Company will pay, or reimburse Executive for, the cost of COBRA coverage for Executive and his family under his prior health plan. The Company will provide Executive, at Company’s expense, short-term disability and life insurance. (c) During the Term the Executive shall be entitled to twenty (20) days paid vacation per year, it being understood and agreed that unused vacation shall not be carried over from one year to the next. In addition, Executive shall be entitled to eight (8) paid holidays and four (4) paid personal days off.
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