Common use of Expenses and Fringe Benefits Clause in Contracts

Expenses and Fringe Benefits. (a) The Employee shall be reimbursed for the reasonable authorized expenses incurred by the Employee in the performance of his duties hereunder. (b) The Employee shall also be entitled to receive the Fringe Benefits set forth on Exhibit B hereto. The Corporation agrees that, without the Employee's written consent, it will not make any material changes in such benefits which would materially adversely affect the Employee's right to receive or eligibility to participate in such benefit plans or the amounts, timing or terms of such benefits; provided, however, the Corporation shall not be in breach of this provision if it institutes an alternative benefits plan or program with substantially equivalent benefits.

Appears in 3 contracts

Samples: Employment Agreement (Desa Holdings Corp), Employment Agreement (Desa Holdings Corp), Employment Agreement (Desa Holdings Corp)

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Expenses and Fringe Benefits. (a) The Employee shall be reimbursed for the reasonable authorized business-related expenses incurred by the Employee in the performance of his duties hereunder. (b) The Employee shall also be entitled to receive the Fringe Benefits set forth on Exhibit B hereto. The Corporation agrees that, without the Employee's written consent, it will not make any material changes in such benefits which would materially adversely affect the Employee's right to receive or eligibility to participate in such benefit plans or the amounts, timing or terms of such benefits; provided, however, the Corporation shall not be in breach of this provision if it institutes an alternative benefits plan or program with substantially equivalent benefits.

Appears in 1 contract

Samples: Employment Agreement (Desa Holdings Corp)

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