MTC BENEFITS Clause Samples

MTC BENEFITS. During his employment, ▇▇▇▇▇, MTC and Purchaser shall provide to Employee, the same benefits that ▇▇▇▇▇ now or in the future makes generally available to its executive officers or that MTC now or in the future makes generally available to all of its executive officers located in the United States, subject to Employee's satisfaction of the respective eligibility requirements for such benefits. Employee shall receive credit under such benefit plans for his years of service with ▇▇▇▇▇. Employee shall pay any contributions which are generally required of executives of ▇▇▇▇▇ or MTC to receive any such benefits. Such perquisites may include but not necessarily be limited to, use of and reimbursement for 1. cellular/car phone, professional organizational dues and professional development seminars. It is anticipated that the ▇▇▇▇▇ Board will annually review Employee's benefits package and may, in its discretion, increase (but not decrease unless such decrease is done on an equitable pro rata basis for both ▇▇▇▇▇'▇ and MTC's executives) such perquisites.