Common use of Employee Benefits; Perquisites Clause in Contracts

Employee Benefits; Perquisites. During the Employment Period, the Executive shall be entitled to participate in all employee benefit plans, practices and programs maintained by the Company, as in effect from time to time, that are generally made available to senior executives of the Company. During the Employment Period, the Executive shall be entitled to fringe benefits and perquisites consistent with the practices and policies of the Company, and to the extent such fringe benefits or perquisites (or both) are generally made available to senior executives of the Company. The Company reserves the right to amend, modify or cancel any employee benefit plans, practices and programs, and any fringe benefits and perquisites, at any time and without the consent of the Executive.

Appears in 7 contracts

Samples: Employment Agreement (Ambac Financial Group Inc), Employment Agreement (Ambac Financial Group Inc), Employment Agreement (Ambac Financial Group Inc)

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Employee Benefits; Perquisites. During the Employment Period, the Executive shall be entitled to participate in all employee benefit plans, practices and programs maintained by the CompanyEmployer, as in effect from time to time, that are generally made available to senior executives of the CompanyEmployer. During the Employment Period, the Executive shall be entitled to fringe benefits and perquisites consistent with the practices and policies of the CompanyEmployer, and to the extent such fringe benefits or perquisites (or both) are generally made available to senior executives of the CompanyEmployer. The Company Employer reserves the right to amend, modify or cancel any employee benefit plans, practices and programs, and any fringe benefits and perquisites, at any time and without the consent of the Executive.

Appears in 1 contract

Samples: Employment Agreement (Ambac Financial Group Inc)

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