Common use of Customary Fringe Benefits Clause in Contracts

Customary Fringe Benefits. Executive shall be eligible for all customary and usual fringe benefits generally available to full-time employees of Employer, subject to the terms and conditions of Employer’s policies and benefit plan documents, as the same may be amended from time to time. Employer reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. In addition, Executive shall receive an allowance for parking costs of up to $500.00 a month. Notwithstanding the standard vacation policy provisions or vacation accrual rates, Executive shall be entitled to vacation of four weeks per year.

Customary Fringe Benefits. Executive shall be eligible for all customary and usual fringe benefits generally available to full-time employees of Employer, subject to the terms and conditions of Employer’s policies and benefit plan documents, as the same may be amended from time to time. Employer reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. In addition, Executive shall receive an allowance for his automobile of up to $900.00 a month and an allowance for parking costs of up to $500.00 a month. Notwithstanding the standard vacation policy provisions or vacation accrual rates, Executive shall be entitled to vacation of four weeks per year.

Customary Fringe Benefits. Executive shall be eligible for all customary and usual fringe benefits generally available to full-time employees of Employer, subject to the terms and conditions of Employer’s policies and benefit plan documents, as the same may be amended from time to time. In addition, Executive shall receive an allowance for parking costs of $445.00 a month. Employer reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. In addition, Executive shall receive an allowance for parking costs of up to $500.00 a month. Notwithstanding the standard vacation policy provisions or vacation accrual rates, Executive shall be entitled to vacation of four weeks per year.