Common use of Compensation/Benefit Programs Clause in Contracts

Compensation/Benefit Programs. During the term of Employment, the Company shall provide coverage for the Executive under: (a) major medical and dental plans, including coverage for his family; (b) disability and life insurance plans; and (c) any and all other plans as are presently and hereinafter offered by the Company to its executives, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans. The Company shall use reasonable efforts to seek waivers of waiting periods, if any, applicable to any of the above described benefits

Appears in 4 contracts

Samples: Employment Agreement (World Commerce Online Inc), Employment Agreement (World Commerce Online Inc), Employment Agreement (World Commerce Online Inc)

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Compensation/Benefit Programs. During the term of Employment, the Company shall provide coverage for the Executive under: (a) major medical and dental plans, including coverage for his family; (b) disability and life insurance plans; and (c) any and all other plans as are presently and hereinafter offered by the Company to its executives, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans. The Company shall use reasonable efforts to seek waivers of waiting periods, if any, applicable to any of the above described benefits.

Appears in 1 contract

Samples: Employment Agreement (World Commerce Online Inc)

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