Benefits and Vacations. (a) Executive and his dependents shall be entitled to participate in or receive benefits under Employer's health insurance plans or arrangements as in effect on the date hereof for such period of time as such plans and arrangements shall remain in effect. In addition, Executive shall be entitled to participate in or receive benefits under any pension plan, profit- sharing plan, life insurance, health-and-accident plan or arrangement made available in the future by Employer to its executives and key management employees, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and arrangements. Nothing paid to Executive under any such plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of any compensation payable to Executive hereunder. (b) Executive shall be entitled to the number of paid vacations days in each calendar year, and to compensation for earned but unused vacation days, determined by Employer from time to time for its executives and key management employees, but not less than four (4) weeks in each year of the Term hereof. Executive shall also be entitled to all paid holidays given by Employer to its executives and key management employees.
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Samples: Employment Agreement (Tivoli Industries Inc), Employment Agreement (Tivoli Industries Inc)
Benefits and Vacations. (a) Executive and his dependents shall be entitled to participate in or receive benefits under Employer's health insurance plans or arrangements as in effect on the date hereof for such period of time as such plans and arrangements shall remain in effect. In addition, Executive shall be entitled to participate in or receive benefits under any pension plan, profit- profit-sharing plan, life insurance, health-and-accident plan or arrangement made available in the future by Employer to its executives and key management employees, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and arrangements. Nothing paid to Executive under any such plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of any compensation payable to Executive hereunder.
(b) Executive shall be entitled to the number of paid vacations vacation days in each calendar year, and to compensation for earned but unused vacation days, determined by Employer from time to time for its executives and key management employees, but not less than four (4) weeks in each year of the Term hereof. Executive shall also be entitled to all paid holidays given by Employer to its executives and key management employees.
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Benefits and Vacations. (a) Executive and his dependents shall be entitled to participate in or receive benefits under Employerthe Company's health insurance plans or arrangements as in effect on the date hereof for such period of time as such plans and arrangements shall remain in effect. In addition, Executive shall be entitled to participate in or receive benefits under any pension plan, profit- profit-sharing plan, life insurance, health-and-accident plan or arrangement made available in the future by Employer the Company to its executives and key management employeesexecutives, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and arrangements, for so long as such plans and arrangements remain in effect. Nothing paid to Executive under any such plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of any compensation payable to Executive hereunder.
(b) Executive shall be entitled to the number of paid vacations days in each calendar year, year and to compensation for earned but unused vacation days, determined by Employer the Board from time to time for its executives and key management employeesexecutives, but not less than four (4) weeks in each year of the Term hereof. Executive shall also be entitled to all paid holidays given by Employer the Company to its executives and key management employeesexecutives.
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