Common use of Corporate Benefit Plans Clause in Contracts

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer for which Executive is or will become eligible on such terms as the Board of Directors or its designee may, in its discretion, establish, modify or otherwise change.

Appears in 6 contracts

Samples: Employment Agreement (John Marshall Bancorp, Inc.), Employment Agreement (John Marshall Bancorp, Inc.), Employment Agreement (John Marshall Bancorp, Inc.)

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Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee health, welfare and benefit plan plans maintained by Employer the Corporation for which Executive he is or will become eligible on such terms as the Board of Directors or its designee may, in its discretion, establish, modify or otherwise changeeligible.

Appears in 4 contracts

Samples: Employment Agreement (Optical Cable Corp), Employment Agreement (Optical Cable Corp), Employment Agreement (Optical Cable Corp)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer Company for which Executive is or will become eligible on such terms as the Board of Directors or its designee may, in its discretion, establish, modify or otherwise change.

Appears in 3 contracts

Samples: Employment Agreement (C & F Financial Corp), Employment Agreement (C & F Financial Corp), Employment Agreement (C & F Financial Corp)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer for which Executive is or will become eligible on such terms as the Holding Company’s Board of Directors or its designee may, in its discretion, establish, modify or otherwise change.

Appears in 3 contracts

Samples: Employment Agreement (Carter Bankshares, Inc.), Employment Agreement (Carter Bankshares, Inc.), Employment Agreement (Carter Bankshares, Inc.)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee health, welfare and benefit plan plans maintained by Employer the Corporation for which Executive she is or will become eligible on such terms as the Board of Directors or its designee may, in its discretion, establish, modify or otherwise changeeligible.

Appears in 2 contracts

Samples: Employment Agreement (Optical Cable Corp), Employment Agreement (Optical Cable Corp)

Corporate Benefit Plans. During Executive’s employment, Executive shall be entitled to participate in or become a participant in any employee health, welfare and benefit plan plans maintained by Employer Company for similarly situated executives and for which Executive he is or will become eligible based on such the terms as the Board of Directors or its designee may, in its discretion, establish, modify or otherwise changethose plans.

Appears in 2 contracts

Samples: Employment Agreement (Optical Cable Corp), Employment Agreement (Optical Cable Corp)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by the Employer for which Executive he is or will become eligible on such terms as the Board of Directors or its designee the Compensation Committee may, in its discretion, establish, modify or otherwise change.

Appears in 2 contracts

Samples: Employment Agreement (Southern National Bancorp of Virginia Inc), Employment Agreement (Southern National Bancorp of Virginia Inc)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer for which Executive he is or will become eligible on such terms as the Holding Company’s Board of Directors or its designee may, . in its discretion, establish, . modify or otherwise change.

Appears in 1 contract

Samples: Employment Agreement (Carter Bankshares, Inc.)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer the Corporation for which Executive he is or will become eligible on under the terms of such terms plans and at a cost to Executive that is the same as that for other senior executives of the Board of Directors or its designee may, in its discretion, establish, modify or otherwise changeCorporation.

Appears in 1 contract

Samples: Employment Agreement (Alliance Bankshares Corp)

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Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer for which Executive is or will become eligible on such terms as the Company Board of Directors or its designee may, in its discretion, establish, modify or otherwise change.

Appears in 1 contract

Samples: Employment Agreement (John Marshall Bancorp, Inc.)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer for which Executive he is or will become eligible on such terms as the Holding Company’s Board of Directors or its designee may, in its discretion, establish, modify or otherwise change.

Appears in 1 contract

Samples: Employment Agreement (Carter Bankshares, Inc.)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee health, welfare and benefit plan plans maintained by Employer the Corporation for which Executive he is or will become eligible on such terms as of the Board of Directors or its designee may, in its discretion, establish, modify or otherwise changedate Executive begins his employment with the Corporation.

Appears in 1 contract

Samples: Employment Agreement (AvePoint, Inc.)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan plans maintained by Employer the Corporation for the benefit of its senior executives and for which Executive he is or will become eligible on under the terms of such terms plans, as the Board of Directors or its designee Corporation may, in its discretion, establish, modify or otherwise change. Such plans include, without limitation, medical, dental and optical insurance, group term life insurance, long term and short term disability insurance, and a 401k retirement plan.

Appears in 1 contract

Samples: Employment Agreement (Alliance Bankshares Corp)

Corporate Benefit Plans. Executive shall be entitled to participate in or become a participant in any employee benefit plan maintained by Employer for which Executive she is or will become eligible on such terms as the Holding Company’s Board of Directors or its designee may, in its discretion, establish, modify or otherwise change.

Appears in 1 contract

Samples: Employment Agreement (Carter Bankshares, Inc.)

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