Common use of Group Benefit Plans Clause in Contracts

Group Benefit Plans. Subject to limitations under applicable law and the terms and conditions of the applicable plans, Executive shall be entitled to participate in, and receive such benefits or rights as may be provided to employees of Employer under, any group employee benefit plans provided by Employer during the Term. Notwithstanding the foregoing, Employer reserves the right to amend, modify or terminate any employee benefit plan at any time.

Appears in 3 contracts

Samples: Employment Agreement (Great Ajax Corp.), Employment Agreement (Great Ajax Corp.), Employment Agreement (Great Ajax Corp.)

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Group Benefit Plans. Subject to limitations under applicable law and During the terms and conditions of Term, the applicable plans, Executive shall be entitled to participate in, and receive such benefits or rights as may be provided to employees of Employer under, any in all group employee benefit plans provided (including, but not limited to, disability, accident, medical, life insurance and hospitalization plans) established or adopted and maintained by Employer during the TermCompany from time to time, in accordance with the Company’s regular practices applicable to other similarly situated executives of the Company. Notwithstanding The provisions of this paragraph (f) shall not affect in any way the foregoing, Employer reserves rights of the right Company to amend, modify amend or terminate any employee such group benefit plan at any timeplans in accordance with the terms of such plans and the provisions of applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Cavco Industries Inc), Employment Agreement (Cavco Industries Inc)

Group Benefit Plans. Subject to limitations under applicable law and During the terms and conditions of Term, the applicable plans, Executive shall be entitled to participate in, and receive such benefits or rights as may be provided to employees of Employer under, any in all group employee benefit plans provided (including, but not limited to, disability, accident, medical, life insurance and hospitalization plans) established or adopted and maintained by Employer during the TermCompany from time to time, in accordance with the Company’s regular practices applicable to other similarly situated executives of the Company. Notwithstanding The provisions of this paragraph (g) shall not affect in any way the foregoing, Employer reserves rights of the right Company to amend, modify amend or terminate any employee such group benefit plan at any timeplans in accordance with the terms of such plans and the provisions of applicable law.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

Group Benefit Plans. Subject to limitations under applicable law and During the terms and conditions of Term, the applicable plans, Executive shall be entitled to participate in, and receive such benefits or rights as may be provided to employees of Employer under, any in all group employee benefit plans provided (including, but not limited to, disability, accident, medical, life insurance and hospitalization plans) established or adopted and maintained by Employer during the TermCompany from time to time, in accordance with the Company's regular practices applicable to other similarly situated executives of the Company. Notwithstanding The provisions of this paragraph (f) shall not affect in any way the foregoing, Employer reserves rights of the right Company to amend, modify amend or terminate any employee such group benefit plan at any timeplans in accordance with the terms of such plans and the provisions of applicable law.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

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Group Benefit Plans. Subject to limitations under applicable law and During the terms and conditions of Term, the applicable plans, Executive shall be entitled to participate in, and receive such benefits or rights as may be provided to employees of Employer under, any in all group employee benefit plans provided (including, but not limited to, disability, accident, medical, life insurance and hospitalization plans) established or adopted and maintained by Employer during the TermCompany from time to time, in accordance with the Company's regular practices applicable to other similarly situated executives of the Company. Notwithstanding The provisions of this paragraph (g) shall not affect in any way the foregoing, Employer reserves rights of the right Company to amend, modify amend or terminate any employee such group benefit plan at any timeplans in accordance with the terms of such plans and the provisions of applicable law.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

Group Benefit Plans. Subject to limitations under applicable law and During the terms and conditions of Term, the applicable plans, Executive shall be entitled to participate in, and receive such benefits or rights as may be provided to employees of Employer under, any in all group employee benefit plans provided (including, but not limited to, disability, accident, medical, life insurance and hospitalization plans) established or adopted and maintained by Employer during the TermCompany from time to time, in accordance with the Company’s regular practices applicable to other similarly situated executives of the Company. Notwithstanding The provisions of this Section 5(f) shall not affect in any way the foregoing, Employer reserves rights of the right Company to amend, modify amend or terminate any employee such group benefit plan at any timeplans in accordance with the terms of such plans and the provisions of applicable law.

Appears in 1 contract

Samples: Employment Agreement (Cavco Industries Inc)

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