Common use of Business Allowance Clause in Contracts

Business Allowance. During the Employment Period, the Executive shall be entitled to a business allowance in accordance with the most favorable Plans of the Company and the affiliated companies in effect for the Executive at any time during the 90-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and the affiliated companies.

Appears in 4 contracts

Samples: Change of Control Employment Agreement (Medtronic Inc), Change of Control Employment Agreement (Medtronic Inc), Change of Control Employment Agreement (Medtronic Inc)

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Business Allowance. During the Employment Period, the Executive shall be entitled to a business allowance in accordance with the most favorable Plans of the Company and the affiliated companies its Affiliates in effect for the Executive at any time during the 90-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and the affiliated companiesits Affiliates.

Appears in 2 contracts

Samples: Change of Control Employment Agreement (Medtronic Inc), Change of Control Employment Agreement (Medtronic PLC)

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