Common use of Medical, Dental and Other Benefits Clause in Contracts

Medical, Dental and Other Benefits. Beginning on the sixty-first (61st) day after the Start Date, Company shall provide, at Company's cost and expense, Executive with medical and dental insurance coverage for Executive and his family, a life insurance policy and short term and long term disability on terms commensurate with coverages offered to other executive officers of the Company, and Executive shall be eligible to enroll and participate in any and all retirement plans or arrangements and any other supplemental benefits provided to other executive officers of the Company. During the initial sixty (60) days of service, Company shall reimburse Executive for any and all premiums incurred by Executive to extend or continue the coverage under any health benefits from Executive's previous employer in accordance with the standard policies and procedures of the Company in effect related to such reimbursable expenses. Executive shall receive four (4) weeks of paid vacation each year, which if not taken may not be carried forward to any subsequent year. Any and all benefits provided for hereunder shall not be included in the definition of the term "Base Salary" as such term is used in this Agreement .

Appears in 2 contracts

Samples: Employment Agreement (Stage Stores Inc), Employment Agreement (Stage Stores Inc)

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Medical, Dental and Other Benefits. Beginning on the sixty-first (61st) day after the Start Date, Company shall provide, at Company's cost and expense, Executive with medical and dental insurance coverage for Executive and his family, a life insurance policy (with a face amount of two (2) times Executive's starting Base Salary) and short term and long term disability on terms commensurate with coverages offered to other executive officers of the Company, and Executive shall be eligible to enroll and participate in any and all retirement plans or arrangements and any other supplemental benefits provided to other executive officers of the Company. During the initial sixty (60) days of service, Company shall reimburse Executive for any and all premiums incurred by Executive to extend or continue the coverage under any health benefits from Executive's previous employer in accordance with the standard policies and procedures of the Company in effect related to such reimbursable expenses. Executive shall receive four (4) weeks of paid vacation each year, which if not taken may not be carried forward to any subsequent year. Any and all benefits provided for hereunder shall not be included in the definition of the term "Base Salary" as such term is used in this Agreement .. 4.6

Appears in 1 contract

Samples: Employment Agreement (Stage Stores Inc)

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Medical, Dental and Other Benefits. Beginning on the sixty-first (61st) day after the Start Date, Company shall provide, at Company's cost and expense, Executive with medical and dental insurance coverage for Executive and his family, a life insurance policy (with a face amount of two (2) times Executive's starting Base Salary) and short term and long term disability on terms commensurate with coverages offered to other executive officers of the Company, and Executive shall be eligible to enroll and participate in any and all retirement plans or arrangements and any other supplemental benefits provided to other executive officers of the Company. During the initial sixty (60) days of service, Company shall reimburse Executive for any and all premiums incurred by Executive to extend or continue the coverage under any health benefits from Executive's previous employer in accordance with the standard policies and procedures of the Company in effect related to such reimbursable expenses. Executive shall receive four (4) weeks of paid vacation each year, which if not taken may not be carried forward to any subsequent year. Any and all benefits provided for hereunder shall not be included in the definition of the term "Base Salary" as such term is used in this Agreement .

Appears in 1 contract

Samples: Employment Agreement (Stage Stores Inc)

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