Common use of Employee Benefits; Perquisites; Fringe Benefits Clause in Contracts

Employee Benefits; Perquisites; Fringe Benefits. (a) During the Employment Term, Executive shall be entitled to participate in Luminant’s group health, life, disability, and tax qualified and nonqualified savings and pension benefit plans, as in effect from time to time (collectively “Employee Benefits”), on a basis which is no less favorable than is offered to other similarly situated executives of the Company, to the extent consistent with applicable law and the terms of the applicable plans. (b) During the Employment Term, Executive shall be entitled to fringe benefits consistent with the practices of the Company to the extent the Company provides similar benefits to other similarly situated executives and Executive is otherwise eligible to participate in such fringe benefit programs. (c) At the beginning of each calendar year during the Employment Term, Executive shall be entitled to five (5) weeks of paid vacation or the maximum number of days Executive is entitled to under the Company’s vacation policy, whichever is greater. Executive’s right to carry over unused vacation from one calendar year to the next shall be determined by the Company’s vacation policy. Executive shall also be entitled to paid sick leave benefits in accordance with those provided to other similarly situated executives during the Employment Term.

Employee Benefits; Perquisites; Fringe Benefits. (a) During the Employment Term, Executive shall be entitled to participate in LuminantEFH Co.’s group health, life, disability, and tax qualified and nonqualified savings and pension benefit plans, as in effect from time to time (collectively “Employee Benefits”), on a basis which is no less favorable than is offered to other similarly situated executives of the Company, to the extent consistent with applicable law and the terms of the applicable plans. (b) During the Employment Term, Executive shall be entitled to fringe benefits consistent with the practices of the Company to the extent the Company provides similar benefits to other similarly situated executives and Executive is otherwise eligible to participate in such fringe benefit programs. (c) At the beginning of each calendar year year, during the Employment Term, Executive shall be entitled to five (5) weeks of paid vacation or the maximum number of days Executive is entitled to under the Company’s vacation policy, whichever is greater. Executive’s right to carry over unused vacation from one calendar year to the next shall be determined by the Company’s vacation policy. Executive shall also be entitled to paid sick leave benefits in accordance with those provided to other similarly situated executives during the Employment Term.

Employee Benefits; Perquisites; Fringe Benefits. (a) During the Employment Term, Executive shall be entitled to participate in LuminantTXU Energy’s group health, life, disability, and tax qualified and nonqualified savings and pension benefit plans, as in effect from time to time (collectively “Employee Benefits”), on a basis which is no less favorable than is offered to other similarly situated executives of the Company, to the extent consistent with applicable law and the terms of the applicable plans. (b) During the Employment Term, Executive shall be entitled to fringe benefits consistent with the practices of the Company to the extent the Company provides similar benefits to other similarly situated executives and Executive is otherwise eligible to participate in such fringe benefit programs. (c) At the beginning of each calendar year during the Employment Term, Executive shall be entitled to five (5) weeks of paid vacation or the maximum number of days Executive is entitled to under the Company’s vacation policy, whichever is greater. Executive’s right to carry over unused vacation from one calendar year to the next shall be determined by the Company’s vacation policy. Executive shall also be entitled to paid sick leave benefits in accordance with those provided to other similarly situated executives during the Employment Term.

Employee Benefits; Perquisites; Fringe Benefits. (a) During the Employment Term, Executive shall be entitled to participate in LuminantEFH Co.’s group health, life, disability, and tax qualified and nonqualified savings and pension benefit plans, as in effect from time to time (collectively “Employee Benefits”), on a basis which is no less favorable than is offered to other similarly situated executives of the Company, to the extent consistent with applicable law and the terms of the applicable plans. (b) During the Employment Term, Executive shall be entitled to fringe benefits consistent with the practices of the Company to the extent the Company provides similar benefits to other similarly situated executives and Executive is otherwise eligible to participate in such fringe benefit programs. (c) At the beginning of each calendar year during the Employment Term, Executive shall be entitled to five (5) weeks of paid vacation or the maximum number of days Executive is entitled to under the Company’s vacation policy, whichever is greater. Executive’s right to carry over unused vacation from one calendar year to the next shall be determined by the Company’s vacation policy. Executive shall also be entitled to paid sick leave benefits in accordance with those provided to other similarly situated executives during the Employment Term.