Common use of Benefits Plans Clause in Contracts

Benefits Plans. Subject to and in accordance with the terms and conditions of the Company’s applicable plan documents in force from time to time and applicable law, including any applicable waiting period thereunder, Executive will be eligible to participate in all employee benefit plans, programs and arrangements (including, without limitation, any plans, programs and arrangements providing for retirement benefits, profit sharing, disability benefits, paid time off, health and life insurance) that the Company, in its sole discretion, makes available to its similarly situated executives generally.