Fringe Benefits; Expenses. (a) So long as the Employee is employed by the Company, the Employee shall participate in all employee benefit plans sponsored by the Company for its executive employees, including but not limited to vacation policy, sick leave and disability leave, health insurance, dental insurance and pension and/or profit sharing plans; provided, however, that except as provided below, the nature, amount and limitations of such plans shall be determined from time to time by the Board of Directors of the Company.
Fringe Benefits; Expenses. (a) During the Term, Employee shall be entitled to participate in all employee benefit plans sponsored by OMNI and made available for salaried, exempt employees, including sick leave and disability leave, health insurance and 401(k) plans.
Fringe Benefits; Expenses a. Employee shall be eligible to participate in benefit plans and programs in which other similarly situated employees are eligible to participate and as may exist from time to time, such as medical, dental, vision, and supplemental life insurance. Employee’s participation in any benefit plan or program is subject to the terms and conditions of the applicable plan and program.
Fringe Benefits; Expenses. So long as the Employee is employed by the Company, the Employee shall participate in any employee benefit plans sponsored by the Company generally for its employees serving in similar employment capacities as the Employee as determined from time to time by the board of directors of the Company or any compensation committee of the board of directors, if any, and on terms at least as favorable to Employee as are generally offered to other employees of the Company serving in a similar capacity. The Company shall also reimburse Employee for his reasonable travel and other out-of-pocket business expenses incurred in connection with his employment under this Agreement pursuant to expense reports filed in accordance with the Company's policies in effect from time to time, provided that if Employee receives an automobile allowance pursuant hereto, then Employee shall not otherwise be reimbursed for automobile expenses under this provision, except for out-of-town rental automobiles.
Fringe Benefits; Expenses a. So long as Employee is employed by Drone USA, Employee shall be eligible to participate in all employee benefit plans sponsored by Drone USA for its employees in accordance with Drone USA’s policies, including but not limited to sick leave and disability leave, life insurance, health insurance, dental insurance, and stock ownership and/or profit sharing plans; provided, however, that the nature, amount and limitations of such plans shall be determined from time to time by the Board of Directors of Drone USA. Employee agrees that by being eligible to participate in benefits such as health insurance, dental insurance and life insurance, participation will be subject to employee contributions which may change from time to time. Notwithstanding the forgoing, during the Initial Term of Employee’s employment, the benefits to which Employee is entitled shall be substantially the same as those that Employee received while employed by Howco during the two (2) year period immediately prior to the effective date of this Agreement, and in the event that the benefit program in effect for Drone USA employees is less favorable than the benefits provided by Howco to Employee, an adjustment shall be made to Employee’s base compensation to compensate for any deficiency in such benefits.
Fringe Benefits; Expenses. (a) So long as the Executive is employed by the Company, the Executive shall participate in all employee benefit plans sponsored by the Company for its executive employees, including, but not limited to, vacation policy, health insurance, dental insurance and pension or profit-sharing plans; provided, however, that the nature, amount and limitations of such plans shall be determined from time to time by the Board of Directors of the Company.
Fringe Benefits; Expenses. The Employee shall be eligible to participate in any fringe benefits which may be or may become applicable to RCC’s senior management employees, including by example, participation in any stock option or incentive plans, and any other benefits adopted by RCC. RCC shall reimburse Employee for all reasonable out-of-pocket expenses which Employee shall incur in connection with his/her service for RCC which are documented in accordance with RCC’s policies as set forth from time to time.
Fringe Benefits; Expenses. A. The Executive shall be entitled to participate in all Company health and related employee benefit plans to the extent he is eligible under the terms of such plans.
Fringe Benefits; Expenses. (a) The Executive shall be entitled to receive all health (other than disability) and pension benefits provided by the Company to any of its executives and to all other fringe benefits provided by the Company to its executives as a group and shall also be entitled to participate in all benefit plans provided by the Company to its executives as a group. The Executive shall also be entitled to a term life insurance policy, naming such beneficiaries as the Executive shall specify from time to time, in an amount equal to $3,000,000.
Fringe Benefits; Expenses. The Employee shall be eligible to participate in any fringe benefits which may be or may become applicable to RCC's senior management employees, including by example, participation in any stock option or incentive plans adopted by the Board of Directors, and any other benefits adopted by RCC. RCC shall reimburse Employee for all reasonable out-of-pocket expenses which Employee shall incur in connection with his service for RCC which are documented in accordance with RCC's policies as set forth from time to time.
