No Eligibility for Benefits. The Consultant shall not be eligible to participate in any incentive, savings plan, pension plan, life insurance, health insurance, disability insurance, major medical insurance benefits or such other employee benefit plans or programs for the benefit of the employees or officers of the Company generally. No workers compensation insurance shall be obtained by the Company concerning the Consultant.
No Eligibility for Benefits. The Consultant shall not, by virtue of this Agreement or the consulting relationship that it creates, be eligible to participate in any incentive, savings plan, pension plan, life insurance, health insurance, disability insurance, major medical insurance benefits or such other employee benefit plans or programs for the benefit of the employees or officers of the Company generally. Notwithstanding the foregoing, this Agreement shall have no effect on any other contractual obligation of the Company to provide benefits, including without limitation health insurance, under any other contract, agreement, or arrangement between the parties. No workers compensation insurance shall be obtained by the Company concerning the Consultant.
No Eligibility for Benefits. Without limiting Section 5.1, Contractor will not be eligible to participate in any group health or life insurance, disability, profit sharing, or retirement benefits, or any vacation or other fringe benefits or benefit plans offered by the Company to its employees, and the Company will not be responsible for withholding or paying any income, payroll, Social Security, or other federal, state, or local taxes, making any insurance contributions, including for unemployment or disability, or obtaining workers’ compensation insurance on Contractor’s behalf. Contractor understands and agrees that Contractor shall not be entitled to make a claim for or receive unemployment compensation, worker’s compensation, or disability benefits pursuant to this Agreement or Contractor’s relationship with the Company and any such compensation or benefits coverage must be provided by Contractor or some other entity.
No Eligibility for Benefits. The Director acknowledges and agrees that neither he nor any individual claiming through his will be eligible to participate in or receive benefits under any employee benefit plan, program or arrangement maintained by the Company (all of the foregoing employee benefit plans, programs and arrangements, other than equity plans, hereinafter, the “Plans”). The Director hereby waives any and all rights to participate in, or receive benefits under, any of the Plans, and agrees not to make any claim under any of the Plans. The Director further agrees to indemnify and hold harmless the Company, its Affiliates, the Plans, and all those connected with them from any and all liabilities arising out of any claims under any of the Plans by the Director or by anyone claiming through him. The Director will not be entitled to any stock options neither can the Director participate in any stock option schemes of the Company unless permitted under Applicable Law.
