Common use of Health and Other Benefits Clause in Contracts

Health and Other Benefits. During the Employment Period, the Executive (and the Executive’s family) shall be eligible for participation in, and receive benefits under, health plans, practices, policies and programs, and other employee benefit arrangements, provided by the Company to the same extent as provided generally to other senior executives of the Company during the Employment Period. The Company reserves the right to amend or cancel any such plan, practice, policy, program or arrangement in its sole discretion, subject to the terms thereof and applicable law.

Appears in 7 contracts

Samples: Employment Agreement, Employment Agreement (Babcock & Wilcox Enterprises, Inc.), Employment Agreement (Babcock & Wilcox Co)

AutoNDA by SimpleDocs

Health and Other Benefits. During the Employment Period, the Executive (and the Executive’s 's family) shall be eligible for participation in, and receive benefits under, health plans, practices, policies and programs, and other employee benefit arrangements, provided by the Company to the same extent as provided generally to other senior executives of the Company during the Employment Period. The Company reserves the right to amend or cancel any such plan, practice, policy, program or arrangement in its sole discretion, subject to the terms thereof and applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Cole Credit Property Trust III, Inc.), Employment Agreement (Cole Credit Property Trust III, Inc.)

Health and Other Benefits. During the Employment Period, the Executive (and and/or the Executive’s family) shall be eligible for participation in, and receive benefits under, health plans, practices, policies and programs, and other employee benefit arrangements, provided by the Company to the same extent as provided generally to other similarly situated senior executives of the Company during the Employment Period. The Company reserves In addition to health benefits, such arrangements include as of the right to amend or cancel any such Agreement Effective Date a 401(k) plan, practicedeferred compensation plan, policy, program or arrangement in its sole discretion, subject to the terms thereof and applicable lawdisability and life insurance.

Appears in 1 contract

Samples: Employment Agreement (Macerich Co)

AutoNDA by SimpleDocs

Health and Other Benefits. During the Employment Period, the Executive (and and/or the Executive’s 's family) shall be eligible for participation in, and receive benefits under, health plans, practices, policies and programs, and other employee benefit arrangements, provided by the Company to the same extent as provided generally to other senior similarly situated executives of the Company during the Employment Period. The Company reserves In addition to health benefits, such arrangements include as of the right to amend or cancel any such Effective Date a 40l(k) plan, practicedeferred compensation plan, policy, program or arrangement in its sole discretion, subject to the terms thereof and applicable lawdisability and life insurance.

Appears in 1 contract

Samples: Employment Agreement (Macerich Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!