Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below: (i) Executive shall be reimbursed for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive in the performance of his duties pursuant to this Agreement and in accordance with AmPaM's policy for its similarly situated executives. All such expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with AmPaM's expense reporting policy. (ii) Executive shall be entitled to participate in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any of the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programs. (iii) The Company shall provide Executive with such other perquisites as may be deemed appropriate for Executive by the AmPaM Board during the term of this Agreement, all on a basis as favorable to Executive as may be provided or offered to other similarly situated executives of the AmPaM Companies.
Appears in 6 contracts
Samples: Employment Agreement (Miller Mechanical Contractors Inc), Employment Agreement (Miller Mechanical Contractors Inc), Employment Agreement (Miller Mechanical Contractors Inc)
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Executive shall be entitled to an automobile allowance of $525 per month. The Company will reimburse Executive for all fuel and maintenance and will provide Executive with automobile insurance;
(ii) Executive shall be promptly reimbursed for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive in the performance of his duties pursuant to this Agreement and in accordance with AmPaMthe Company's policy for its similarly situated executivesexecutives of the Company. All such expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with AmPaMthe Company's expense reporting policy.;
(iiiii) Executive shall, subject to the satisfaction of any general eligibility criteria, be eligible to participate in all compensation and benefit plans and programs as are maintained from time to time for executives of the Company. Employee benefit plans maintained by the Company as of the Effective Date are listed on Appendix B attached hereto. The Company undertakes no obligation to continue any such plans in effect. If Executive is ineligible to participate in the Company's health insurance program, the Company shall provide Executive with health insurance similar to the Company's program as may be from time to time in effect;
(iv) Executive shall be entitled to participate vacation in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any of accordance with the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programs.policy; and
(iiiv) The the Company shall provide Executive with such other perquisites as may be deemed appropriate for Executive by the AmPaM Board during the term of this Agreement, all on a basis as favorable to Executive as may be provided or offered to other similarly situated executives of the AmPaM CompaniesBoard.
Appears in 1 contract
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Executive shall be entitled to an automobile allowance of $525 per month. The Company will reimburse Executive for all fuel and maintenance and will provide Executive with automobile insurance;
(ii) Executive shall be promptly reimbursed for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive in the performance of his duties pursuant to this Agreement and in accordance with AmPaM's the Company’s policy for its similarly situated executivesexecutives of the Company. All such expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with AmPaM's the Company’s expense reporting policy.;
(iiiii) Executive shall, subject to the satisfaction of any general eligibility criteria, be eligible to participate in all compensation and benefit plans and programs as are maintained from time to time for executives of the Company. Employee benefit plans maintained by the Company as of the Effective Date are listed on Appendix B attached hereto. The Company undertakes no obligation to continue any such plans in effect. If Executive is ineligible to participate in the Company’s health insurance program, the Company shall provide Executive with health insurance similar to the Company’s program as may be from time to time in effect;
(iv) Executive shall be entitled to participate vacation in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any of accordance with the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programs.’s policy; and
(iiiv) The the Company shall provide Executive with such other perquisites as may be deemed appropriate for Executive by the AmPaM Board during the term of this Agreement, all on a basis as favorable to Executive as may be provided or offered to other similarly situated executives of the AmPaM CompaniesBoard.
Appears in 1 contract
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Executive shall be entitled to an automobile allowance of $650 per month. The Company will reimburse Executive for all fuel and maintenance and will provide Executive with automobile insurance;
(ii) Executive shall be promptly reimbursed for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive in the performance of his duties pursuant to this Agreement and in accordance with AmPaMthe Company's policy for its similarly situated executivesexecutives of the Company. All such expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with AmPaMthe Company's expense reporting policy.;
(iiiii) Executive shall, subject to the satisfaction of any general eligibility criteria, be eligible to participate in all compensation and benefit plans and programs as are maintained from time to time for executives of the Company. Employee benefit plans maintained by the Company as of the Effective Date are listed on Appendix B attached hereto. The Company undertakes no obligation to continue any such plans in effect. If Executive is ineligible to participate in the Company's health insurance program, the Company shall provide Executive with health insurance similar to the Company's program as may be from time to time in effect;
(iv) Executive shall be entitled to participate in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any a minimum of the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees three weeks of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programs.annual vacation; and
(iiiv) The the Company shall provide Executive with such other perquisites as may be deemed appropriate for Executive by the AmPaM Board during the term of this Agreement, all on a basis as favorable to Executive as may be provided or offered to other similarly situated executives of the AmPaM CompaniesBoard.
Appears in 1 contract
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Coverage, subject to contributions required of executives of the Company generally, for Executive and his dependent family members under health, hospitalization, disability, dental, life and other insurance plans that the Company may have in effect from time to time for the benefit of its executives; provided, however, that the Company shall be reimbursed not modify the plans in effect on the date hereof in a manner that would decrease the benefits afforded thereby to the Executive in any material respect unless (a) the Executive consents to such changes, or (b) such changes result in plans that provide benefits to the Executive that are substantially similar to those afforded to similarly situated executives employed by the other subsidiaries of TransCom.
(ii) Reimbursement for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive in the performance of his duties services pursuant to this Agreement and in accordance with AmPaM's policy for its similarly situated executivesAgreement. All such reimbursable expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with AmPaMthe Company's expense reporting policy.
(ii) Executive shall be entitled to participate in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any of the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programs.
(iii) The Company shall provide Executive with such other executive perquisites as may be deemed appropriate for Executive by the AmPaM Board during the term of this AgreementBoard, and Executive shall be entitled to participate in all on a basis other Company-wide employee benefits as favorable are available from time to Executive as may be provided or offered to other similarly situated executives of the AmPaM Companiestime.
Appears in 1 contract
Samples: Founder's Employment Agreement (Transportation Components Inc)
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Coverage, subject to contributions required of executives of the Company generally, for Executive and his dependent family members under health, hospitalization, disability, dental, life and other insurance plans that the Company may have in effect from time to time for the benefit of its executives; provided, however, that the Company shall be reimbursed not modify the plans in effect on the date hereof in a manner that would decrease the benefits afforded thereby to the Executive in any material respect unless (a) the Executive consents to such changes, or (b) such changes result in plans that provide benefits to the Executive that are substantially similar to those afforded to similarly situated executives employed by the other subsidiaries of LandCare.
(ii) Reimbursement for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive in the performance of his duties services pursuant to this Agreement and in accordance with AmPaM's policy for its similarly situated executivesAgreement. All such reimbursable expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with AmPaMthe Company's expense reporting policy.
(ii) Executive shall be entitled to participate in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any of the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programs.
(iii) The Company shall provide Executive with such other executive perquisites as may be deemed appropriate for Executive by the AmPaM Board during the term of this AgreementBoard, and Executive shall be entitled to participate in all on a basis other Company-wide employee benefits as favorable are available from time to Executive as may be provided or offered to other similarly situated executives of the AmPaM Companiestime.
Appears in 1 contract
Executive Perquisites, Benefits and Other Compensation. Executive Employee shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i1) Executive shall be reimbursed Payment of such premiums (or such portion thereof as is provided by the Company's plans) for coverage for Employee and his dependent family members under
(2) Reimbursement for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive Employee in the performance of his duties services pursuant to this Agreement and in accordance with AmPaM's policy for its similarly situated executivesAgreement. All such reimbursable expenses shall be appropriately documented in reasonable detail by Executive Employee upon submission of any request for reimbursement, and in a format and manner consistent with AmPaMthe Company's expense reporting policy.
(ii3) Executive shall be entitled Payment of car and driver expenses for Employee's transportation to participate in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any of the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programsfrom work.
(iii4) The Company shall provide Executive Employee with such other executive perquisites as may be available to or deemed appropriate for Executive Employee by the AmPaM Board during and shall allow Employee to participate in all other Company-wide employee benefits, including the term of this AgreementCompany's defined contribution pension plan and 401(k) Plan, all on a basis as favorable to Executive as may be provided or offered made available generally to other similarly situated executives employees of either from time to time. Such perquisites shall be at least comparable to the Company's policies with respect thereto prior to the consummation of the AmPaM CompaniesMerger Agreement.
Appears in 1 contract
Samples: Employment Agreement (Prime Foods Development Corp)