Common use of Health Insurance and Other Benefits Clause in Contracts

Health Insurance and Other Benefits. During the Term, the Executive shall be entitled to all employee benefits offered by the Company to its Senior Executives and key management employees, including, without limitation, all pension, profit sharing, retirement, stock option, salary continuation, deferred compensation, disability insurance, hospitalization insurance, major medical insurance, medical reimbursement, survivor income, life insurance or any other benefit plan or arrangement established and maintained by the Company, subject to the rules and regulations then in effect regarding participation therein. In addition, the Company shall procure and fund for Executive a life insurance policy in the amount of One Million ($1,000,000.00) Dollars with the beneficiary to be named by Executive.

Appears in 2 contracts

Samples: Employment Agreement (Econtent Inc), Employment Agreement (Econtent Inc)

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Health Insurance and Other Benefits. During the Term, the Executive shall be entitled to all employee benefits offered by the Company to its Senior Executives senior executives and key management employees, including, without limitation, all pension, profit sharing, retirement, stock option, salary continuation, deferred compensation, disability insurance, hospitalization insurance, major medical insurance, medical reimbursement, survivor income, life insurance or any other benefit plan or arrangement established and an maintained by the Company, subject to the rules and regulations then in effect regarding participation therein. In addition, the Company shall procure and fund for Executive a life insurance policy in the amount of One Million one million dollars ($1,000,000.00) Dollars 1,000,000), with the beneficiary to be named by Executive.

Appears in 1 contract

Samples: Employment Agreement (Econtent Inc)

Health Insurance and Other Benefits. During the Term, the Executive shall be entitled to all employee benefits offered by the Company to its Senior Executives senior executives and key management employees, including, without limitation, all pension, profit sharing, retirement, stock option, salary continuation, deferred compensation, disability insurance, hospitalization insurance, major medical insurance, medical reimbursement, survivor income, life insurance or any other benefit plan or arrangement established and maintained by the Company, subject to the rules and regulations then in effect regarding participation therein. In addition, the Company shall procure and fund for Executive a life insurance policy in the amount of One Million one million dollars ($1,000,000.00) Dollars 1,000,000), with the a beneficiary to be named by Executive.

Appears in 1 contract

Samples: Employment Agreement (Econtent Inc)

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Health Insurance and Other Benefits. During the Term, the Executive shall be entitled to all employee benefits offered by the Company to its Senior Executives senior executives and key management employees, including, without limitation, all pension, profit sharing, retirement, stock option, salary continuation, deferred compensation, disability insurance, hospitalization insurance, major medical insurance, medical reimbursement, survivor income, life insurance or any other benefit plan or arrangement established and maintained by the Company, subject to the rules and regulations then in effect regarding participation therein. In addition, the Company shall procure and fund for Executive a life insurance policy in the amount of One Million one million dollars ($1,000,000.00) Dollars 1,000,000), with the beneficiary to be named by Executive.

Appears in 1 contract

Samples: Employment Agreement (Econtent Inc)

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