Common use of Employee Benefits and Perks Clause in Contracts

Employee Benefits and Perks. During the period of the Executive's employment hereunder, the Executive shall be entitled to participate in all employee benefits plans or arrangements of the Bank on the same basis as other employees of the Bank including, without limitation, plans or arrangements providing medical insurance, dental insurance, life insurance, disability insurance, sick leave, vacation or retirement. Executive shall also be entitled to (i) the continuation of an automobile allowance in the amount of $500.00 per month, (ii) use of the Bank provided credit card(s), car telephone(s), pager(s) and such other perks (if such is (are) being so provided) upon the terms and conditions previously in effect.

Appears in 4 contracts

Samples: Employment Agreement (Community Bancorp Inc), Employment Agreement (Community Bancorp Inc), Employment Agreement (Community Bancorp Inc)

AutoNDA by SimpleDocs

Employee Benefits and Perks. During the period of the Executive's employment hereunder, the Executive shall be entitled to participate in all employee benefits plans or arrangements of the Bank on the same basis as other employees of the Bank including, without limitation, plans or arrangements providing medical insurance, dental insurance, life insurance, disability insurance, sick leave, vacation or retirement. During the period of the Executive's employment hereunder, the Executive shall also be entitled to (i) the continuation of an automobile allowance in of not less than the monthly amount of $500.00 per monthpaid to Executive on November 1, 2006, (ii) use of the Bank provided credit card(s), car telephone(s), pager(s) pagers and such other perks (if such is (are) being so provided) upon the terms and conditions previously in effect.

Appears in 2 contracts

Samples: Employment Agreement (Santa Lucia Bancorp), Employment Agreement (Santa Lucia Bancorp)

Employee Benefits and Perks. During the period of the Executive's ’s employment hereunder, the Executive shall be entitled to participate in all employee benefits plans or arrangements of the Bank on the same basis as other employees of the Bank including, without limitation, plans or arrangements providing medical insurance, dental insurance, life insurance, disability insurance, sick leave, vacation or retirement. During the period of the Executive’s employment hereunder, the Executive shall also be entitled to (i) the continuation of an automobile allowance in of not less than the monthly amount of $500.00 per monthpaid to Executive on November 1, 2006, (ii) use of the Bank provided credit card(s), car telephone(s), pager(s) pagers and such other perks (if such is (are) being so provided) upon the terms and conditions previously in effect.

Appears in 2 contracts

Samples: Employment Agreement (Santa Lucia Bancorp), Employment Agreement (Santa Lucia Bancorp)

Employee Benefits and Perks. During the period of the Executive's employment hereunder, the Executive shall be entitled to participate in all employee benefits plans or arrangements of the Bank on the same basis as other employees of the Bank including, without limitation, plans or arrangements providing medical insurance, dental insurance, life insurance, disability insurance, sick leave, vacation or retirement. Executive shall also be entitled to (i) the continuation of an automobile allowance in the amount of $500.00 750.00 per month, (ii) use of the Bank provided credit card(s), car telephone(s), pager(s) and such other perks (if such is (are) being so provided) upon the terms and conditions previously in effect.

Appears in 2 contracts

Samples: Employment Agreement (Community Bancorp Inc), Employment Agreement (Community Bancorp Inc)

Employee Benefits and Perks. During the period of the Executive's ’s employment hereunder, the Executive shall be entitled to participate in all employee benefits plans or arrangements of the Bank on the same basis as other employees of the Bank including, without limitation, plans or arrangements providing medical insurance, dental insurance, life insurance, disability insurance, sick leave, vacation or retirement. Executive shall also be entitled to (i) the continuation of an automobile allowance in the amount of $500.00 per month, (ii) use of the Bank provided credit card(s), car telephone(s), pager(s) and such other perks (if such is (are) are being so provided) upon the terms and conditions previously in effect.

Appears in 1 contract

Samples: Employment Agreement (Community Bancorp Inc)

AutoNDA by SimpleDocs

Employee Benefits and Perks. During the period of the Executive's ’s employment hereunder, the Executive shall be entitled to participate in all employee benefits plans or arrangements of the Bank on the same basis as other employees of the Bank including, without limitation, plans or arrangements providing medical insurance, dental insurance, life insurance, disability insurance, sick leave, vacation or retirement. Executive shall also be entitled to (i) the continuation of an automobile allowance in the amount of $500.00 750.00 per month, (ii) use of the Bank provided credit card(s), car telephone(s), pager(s) and such other perks (if such is (are) being so provided) upon the terms and conditions previously in effect.

Appears in 1 contract

Samples: Employment Agreement (Community Bancorp Inc)

Employee Benefits and Perks. During the period of the Executive's employment hereunder, the Executive shall be entitled to participate in all employee benefits plans or arrangements of the Bank on the same basis as other employees of the Bank including, without limitation, plans or arrangements providing medical insurance, dental insurance, life insurance, disability insurance, sick leave, vacation or retirement. Executive shall also be entitled to (i) the continuation of an automobile allowance in the amount of $500.00 per monthfor business and personal use, (ii) use of the a Bank provided credit card(s), car telephone(s)cell phones, pager(sand (iii) and such other perks (if such is (are) are being so provided) upon the terms and conditions previously in effect.

Appears in 1 contract

Samples: Employment Agreement (Community Bancorp)

Time is Money Join Law Insider Premium to draft better contracts faster.