Common use of Fringe Benefits and Expenses Clause in Contracts

Fringe Benefits and Expenses. A. Employee shall be eligible (subject to the terms and conditions of the particular plans and programs) to participate in such medical, hospitalization, group health, accident, disability and life insurance programs and plans, such pension, profit sharing, stock option, incentive compensation and stock purchase plans and such other employee benefit programs to the same extent such plans and programs are made generally available from time to time by Employer to all of its other similarly-situated employees; provide, however, Employer shall be under no obligation to make any such plans or programs available to its employees or continue any which currently or in the future exist.