Common use of Employee Benefits and Expenses Clause in Contracts

Employee Benefits and Expenses. Employer will provide Employee vacation, health care, dental care, 401(k) plan, pension plan, disability and life insurance, deferred compensation plan and holidays during the Employment Period in amounts and/or with provisions at least as favorable to Employee as those provided to other exempt employees of Employer pursuant to the then current policy of Employer concerning such benefits. Employer will reimburse Employee for travel, entertainment and other expenses reasonably incurred in connection with his employment provided that Employee complies with the then current procedures of Employer for such reimbursement.