Common use of Customary Fringe Benefits Clause in Contracts

Customary Fringe Benefits. Executive will be eligible for all customary and usual fringe benefits generally available to senior executives of Company subject to the terms and conditions of Company’s benefit plan documents. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Executive will be eligible to take up to 160 hours of vacation per year and shall be credited with 160 hours of accrued vacation at all times.

Appears in 7 contracts

Samples: Executive Employment Agreement (Dts, Inc.), Executive Employment Agreement (Dts, Inc.), Executive Employment Agreement (Dts, Inc.)

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Customary Fringe Benefits. During Executive’s employment, Executive will be eligible for all customary and usual fringe benefits generally available to senior executives of Company subject to the terms and conditions of Company’s benefit plan documents. Executive will be eligible to accrue up to twenty (20) days of vacation per year, the use of which shall be governed by Company’s vacation policy. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Executive will be eligible to take up to 160 hours of vacation per year and shall be credited with 160 hours of accrued vacation at all times.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trupanion Inc.), Executive Employment Agreement (Trupanion Inc.)

Customary Fringe Benefits. Executive will be eligible for all customary and usual fringe benefits generally available to senior executives Executives of the Company subject to the terms and conditions of the Company’s benefit plan documents. The Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Notwithstanding the foregoing, Executive will shall be eligible entitled to take up to 160 not less than one hundred twenty hours of vacation per year and shall be credited with 160 hours of accrued vacation at all timespersonal time off during each 12-month period.

Appears in 1 contract

Samples: Executive Employment Agreement (REVA Medical, Inc.)

Customary Fringe Benefits. Executive will be eligible for all customary and usual fringe benefits generally available to senior executives of Company subject to the terms and conditions of Company’s benefit plan documents. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Executive will be eligible to take accrue up to 160 hours four (4) weeks of vacation per year and shall be credited with 160 hours of accrued year, subject to Company’s vacation at all timespolicy.

Appears in 1 contract

Samples: Executive Employment Agreement (Dts, Inc.)

Customary Fringe Benefits. Executive will be eligible for all customary and usual fringe benefits generally available to senior executives of Company subject to the terms and conditions of Company’s 's benefit plan documents. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Executive will be eligible to take up to 160 hours of vacation per year and shall be credited with 160 hours of accrued vacation at all times.

Appears in 1 contract

Samples: Employment Agreement (Dts, Inc.)

Customary Fringe Benefits. Executive will shall be eligible for all customary and usual fringe benefits generally available to senior executives at a same or similar level of Company responsibility at the Company, including but not limited to group health insurance, subject to the terms and conditions of the Company’s benefit plan documents. Executive shall be entitled to paid time-off in accordance with the Company policies, but Executive shall be entitled to a minimum of seventeen (17) days of paid time-off per year, exclusive of Company holidays. The Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Executive will be eligible to take up to 160 hours of vacation per year and shall be credited with 160 hours of accrued vacation at all times.

Appears in 1 contract

Samples: Executive Employment Agreement (Ambrx Inc)

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Customary Fringe Benefits. Executive will be eligible for all customary and usual fringe benefits generally available to senior executives Executives of Company subject to the terms and conditions of Company’s benefit plan documents. Executive will be eligible to accrue vacation at a rate of 20 days annually, the use of which and future increases in accrual rates shall be governed by Company’s vacation policy. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Executive will be eligible to take up to 160 hours of vacation per year and shall be credited with 160 hours of accrued vacation at all times.

Appears in 1 contract

Samples: Executive Employment Agreement (Cohu Inc)

Customary Fringe Benefits. Executive will be eligible for all customary and usual fringe benefits generally available to senior executives Executives of the Company subject to the terms and conditions of the Company’s benefit plan documents. The Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Notwithstanding the foregoing, Executive will be eligible to take up to 160 hours of vacation per year and shall be credited with 160 hours entitled to not less than four (4) weeks of accrued paid vacation at all timesduring each 12-month period.

Appears in 1 contract

Samples: Executive Employment Agreement (REVA Medical, Inc.)

Customary Fringe Benefits. Executive will shall be eligible for all customary and usual fringe benefits generally available to senior executives at a same or similar level of Company responsibility at the Company, including but not limited to group health insurance, subject to the terms and conditions of the Company’s benefit plan documents. Executive shall be entitled to paid time-off in accordance with the Company policies, but Executive shall be entitled to a minimum of seventeen (17) days of paid time-off per year. The Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. Executive will be eligible to take up to 160 hours of vacation per year and shall be credited with 160 hours of accrued vacation at all times.

Appears in 1 contract

Samples: Executive Employment Agreement (Ambrx Inc)

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