Common use of Fringe Benefits Generally Clause in Contracts

Fringe Benefits Generally. The Company shall reimburse the Executive for all ordinary and necessary business expenses incurred by him while carrying out his employment responsibilities under this Agreement. The Executive shall be entitled to participate in such vacation policies; medical, dental, life and disability insurance programs; 401(k), profit sharing and any other retirement plans; and other fringe benefit plans or programs as the Company from time to time shall establish for its senior management and/or other full time employees, provided he is otherwise qualified to participate in such plans or programs. The Company retains the right to establish limits on the types or amounts of business expenses that the Executive may incur and to abolish or alter the terms of any fringe benefit plan or program that it may establish.

Fringe Benefits Generally. (a) The Company shall reimburse the Executive for all ordinary and necessary business expenses incurred by him while carrying out his employment responsibilities under this Agreement. The Executive shall be entitled to participate in such vacation policies; medical, dental, life and disability insurance programs; 401(k), profit sharing and any other retirement plans; and other fringe benefit plans or programs as the Company from time to time shall establish for its senior management and/or other full time employees, provided he is otherwise qualified to participate in such plans or programs. The Company retains the right to establish limits on the types or amounts of business expenses that the Executive may incur and to abolish or alter the terms of any fringe benefit plan or program that it may establish.