Common use of Bonuses and Additional Benefits Clause in Contracts

Bonuses and Additional Benefits. The Employee may be awarded bonuses as agreed and set by the Board of Directors of the Company. Employee shall also be entitled to, and shall be accorded, all rights and benefits under any executive incentive plan (including the Company's Stock Option Plan), monetary bonus plan, participation or extra compensation plan, pension plan, profit sharing plan, disability insurance, health and major medical insurance policy or policies, and any other plans or benefits that the Company may from time to time provide for any officers generally during the Term. The Company shall accord the Employee such rights and benefits on a basis no less favorable than any other officers of comparable status of the Company or its subsidiaries or affiliates.

Appears in 3 contracts

Samples: Employment Agreement (Proflight Medical Response Inc), Employment Agreement (Proflight Medical Response Inc), Employment Agreement (Proflight Medical Response Inc)

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Bonuses and Additional Benefits. The Employee may be awarded bonuses as agreed and set by the Board of Directors of the Company. The Employee shall also be entitled to, and shall be accorded, all rights and benefits under any executive incentive plan (including the Company's Stock Option Plan), monetary bonus plan, participation or extra compensation plan, pension plan, profit sharing plan, disability insurance, health and major medical insurance policy or policies, and any other plans or benefits that the Company may from time to time provide for any officers generally during the Term. The Company shall accord the Employee such rights and benefits on a basis no less favorable than any other officers of comparable status of the Company or its subsidiaries or affiliates.

Appears in 3 contracts

Samples: Employment Agreement (Globus International Resources Corp), Employment Agreement (Globus International Resources Corp), Employment Agreement (Globus International Resources Corp)

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