Employee and Executive Benefits. Executive will be entitled to receive all benefits provided to executives and employees of the Company generally from time to time, including medical, dental, life insurance and long-term disability, and the executive split-dollar life insurance and executive disability plan, so long as and to the extent the same exist; provided, that in respect to each such plan Executive is otherwise eligible and insurable in accordance with the terms of such plans.
Employee and Executive Benefits. Executive will be entitled to a continuation of all hospital, major medical, medical, dental, life and other insurance benefits not otherwise addressed in this Agreement in the same manner and amount to which Executive was entitled on the date of a Change in Control or on the date of Constructive Termination of Executive’s employment (whichever benefits are more favorable to Executive) until the earlier of
(i) a period of 36 months after the Termination Date,
(ii) Executive’s retirement under the Retirement Plan, or
(iii) Executive’s eligibility for similar benefits with a new employer. Assistance in finding new employment will be made available to Executive by the Company if Executive so requests. Upon termination of Executive’s employment, Company cars must be returned to the Company.
Employee and Executive Benefits. In addition to the compensation described in Section 4.1 and subject to the following provisions of this Section 4, the Company will make or cause to be made available to the Executive and his eligible dependents, subject to the terms and conditions of the applicable plans, including without limitation the eligibility rules, participation in all employee benefit plans, including all employee retirement income and welfare benefit policies, plans, programs or arrangements, in which senior executives of the Company participate from time to time, including any stock option, stock purchase, stock appreciation, savings, pension, supplemental executive retirement or other retirement income or welfare benefit, disability, salary continuation, and any other deferred compensation, incentive compensation, group and/or executive life, health, medical/hospital or other insurance (whether funded by actual insurance or self-insured by the Company or an affiliate), expense reimbursement or other employee benefit policies, plans, programs or arrangements.
Employee and Executive Benefits. In addition to the compensation described in this Section 4 and subject to all of the provisions of this Section 4, the Company will make or cause to be made available to the Executive and, his spouse other eligible dependents, subject to the terms and conditions of the applicable plans, including, without limitation, the eligibility rules, participation in all employee pension, health, welfare and benefit plans, including all 401(k) plans, employee retirement income and welfare benefit policies, plans, programs, or arrangements, in which senior executives of the Company participate from time to time, including any stock purchase, savings, pension, supplemental executive retirement or other retirement income or welfare benefit, disability, salary continuation, and any other deferred compensation, group and/or executive life, health, medical/hospital, or other insurance (whether funded by actual insurance or self-insured by the Company or an affiliate), expense reimbursement, or other employee benefit policies, plans, programs, or arrangements. Nothing paid to the Executive under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the Base Salary payable to the Executive pursuant to Section 4(a). Any payments or benefits payable to the Executive under this Section 4(f) in respect of any calendar year during which the Executive is employed by the Company for less than the entire such year shall, unless otherwise provided in the applicable plan or arrangement, be prorated in accordance with the number of days in such calendar year during which he is so employed.
Employee and Executive Benefits. In addition to the compensation ------------------------------- described in Section 4.1 and subject to the following provisions of Section 4, the Company will make available to the Executive and her eligible dependents, subject to the terms and conditions of the applicable plans, including without limitation the eligibility rules, participation in all Company-sponsored employee benefit plans, including all employee retirement income and welfare benefit policies, plans, programs or arrangements, in which senior executives of the Company participate, including any stock option, stock purchase, stock appreciation, savings, pension, supplemental executive retirement or other retirement income or welfare benefit, disability, salary continuation, and any other deferred compensation, incentive compensation, group and/or executive life, health, medical/hospital or other insurance (whether funded by actual insurance or self-insured by the Company), expense reimbursement or other employee benefit policies, plans, programs or arrangements or any equivalent successor policies, plans, programs or arrangements that may not exist or be adopted hereafter by the Company.
Employee and Executive Benefits. During the Employment Term, you will be eligible to participate in the Company’s employee benefit plans and programs generally made available to similarly situated employees of the Company on the terms and conditions applicable generally to such employees. In addition, the Company shall reimburse you for incremental taxes incurred by you outside of the United States because of any services you provide to the Company outside of the United States or any business that the Company conducts outside of the United States, if such incremental amount during any tax year exceeds 1% or more of your base salary earned during such tax year; provided that you shall be required to participate in any tax equalization program the Company may have in effect from time to time in order to qualify for the benefit described in the preceding sentence. You will be entitled to vacation and paid time off during the Employment Term in accordance with the applicable policies of the Company in place from time to time.
Employee and Executive Benefits. In addition to the compensation described in Section 4.1 and subject to all the provisions of this Article 4, the Company will make or cause to be made available to the Executive and his eligible dependents, subject to the terms and conditions of the applicable plans, including, without limitation, the eligibility rules, participation in all employee pension, health, welfare and benefit plans, including all 401(k) plans, employee retirement income and welfare benefit policies, plans, programs, or arrangements, in which senior executives of the Company participate from time to time, including any stock purchase, savings, pension, supplemental executive retirement or other retirement income or welfare benefit, disability, salary continuation, and any other deferred compensation, group and/or executive life, health, medical/hospital, or other insurance (whether funded by actual insurance or self-insured by the Company or an affiliate), expense reimbursement, or other employee benefit policies, plans, programs, or arrangements. As part of these benefits, but not in addition thereto, the Company, during the Employment Term, shall continue to maintain a minimum of $2,000,000 life insurance policy for the Executive, who shall have the right to designate his beneficiaries, as well as an additional $1,000,000 life insurance policy should the Executive die while traveling on Company business, and Directors and Officers insurance coverage in substantially the same amounts and with substantially the same coverage as exists immediately prior to the Effective Date.
Employee and Executive Benefits. The Employee will be entitled to a continuation of all hospital, major medical, medical, dental, life and other insurance benefits not otherwise addressed in this Agreement in the same manner and amount to which the Employee was entitled on the date of a Change in Control or on the date of Constructive Termination of the Employee's employment (whichever benefits are more favorable to the Employee) until the earlier of (i) a period of 36 months after the Termination Date, (ii) the Employee's retirement under the Retirement Plan, or (iii) the Employee's eligibility for similar benefits with a new employer. Assistance in finding new employment will be made available to the Employee by the Company if the Employee so requests. Upon termination of the Employee's employment, Company cars must be returned to the Company.
Employee and Executive Benefits. The Executive will be entitled to a continuation of all hospital, medical, dental, and similar insurance benefits not otherwise addressed in this Agreement in the same manner and amount to which the Executive was entitled on the date of the announcement of a Change in Control or on the date of Constructive Termination of the Executive’s employment (whichever benefits are more favorable to the Executive) until the earlier of:
(i) a period of 24 months after the Separation from Service, or
(ii) the Executive’s eligibility for similar benefits with a new employer. Assistance in finding new employment will be made available to the Executive by the Company if the Executive so requests subject to a limit of $50,000 and use of an outplacement service provider approved by the Company.
Employee and Executive Benefits. All employee and executive benefits available to the Executive pursuant to section 3.4 above shall continue to be available to the Executive, his dependants or beneficiaries throughout the period in which Salary Continuation payments are made, except that (i) if Salary Continuation payments are accelerated to be paid in one lump sum as provided above, all fringe benefits, with the exception of group health plan coverage continued pursuant to section 6.4, shall be discontinued as of the date of such lump sum payment, and (ii) such benefits shall be limited to the extent that the Executive obtains any such benefits pursuant to a subsequent employer's benefit plans, in which case the coverage of any benefits required to be provided to the Executive hereunder may be reduced as long as the aggregate coverage of the combined benefit plans is no less favorable to the Executive, in terms of amounts and deductibles and costs to him, than the coverage required to be provided hereunder.
