Common use of Other Compensation and Fringe Benefits Clause in Contracts

Other Compensation and Fringe Benefits. In addition to any executive bonus, pension, deferred compensation and stock option plans which the Company may from time to time make available to the employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives. (b) Payment by the Company of the Employee's initiation and membership dues in all social and/or recreational clubs as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club. (c) Provision by the Company during the Term and any extensions thereof to the Employee and her dependents of medical and other insurance coverage under the Company's Executive Medical Plan. (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary. (e) Employee shall be entitled to receive an annual incentive bonus for each calendar year included in this Agreement based on the Company's performance during the preceding year as determined by the Compensation Committee of the Board of Directors. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties

Other Compensation and Fringe Benefits. In addition to any executive bonus, pension, deferred compensation and stock option options plans which the Company may from time to time make available to the employee Employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives.; (b) Payment by the Company of the Employee's initiation and membership dues in all a social and/or recreational clubs club as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club.; (c) Provision by the Company during the Term and any extensions thereof to the Employee and her his dependents of medical and other insurance coverage under the Company's Executive Medical Plan.; (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary.; (e) Employee shall be entitled to receive an An annual incentive bonus for each calendar year included in this Agreement based on the Company's performance during the preceding year as determined calculated pursuant to a formula set by the Compensation Committee of the Company's Board of Directors. For the year 2004, the bonus formula is set forth on Exhibit A attached hereto. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties.

Other Compensation and Fringe Benefits. In addition to any executive bonus, pension, deferred compensation and stock option plans which the Company may from time to time make available to the employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives. (b) Payment by the Company of the Employee's initiation and membership dues in all social and/or recreational clubs as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club. (c) Provision by the Company during the Term and any extensions thereof to the Employee and her his dependents of medical and other insurance coverage under the Company's Executive Medical Plan. (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary. (e) Employee shall be entitled to receive an An annual incentive bonus for each calendar year included in this Agreement based on the Company's performance during the preceding year as determined calculated pursuant to a formula set by the Compensation Committee of the Company's Board of Directors. For the Year 2003, the bonus formula is set forth on Exhibit A attached hereto. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties

Other Compensation and Fringe Benefits. In addition to any executive bonus, pension, deferred compensation and stock option plans which the Company may from time to time make available to the employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives. (b) Payment by the Company of the Employee's initiation and membership dues in all social and/or recreational clubs as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club. (c) Provision by the Company during the Term and any extensions thereof to the Employee and her his dependents of medical and other insurance coverage under the Company's Executive Medical Plan. (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary. (e) Employee shall be entitled to receive an annual incentive bonus for each calendar year included in this Agreement based on the Company's performance during the preceding year as determined by the Compensation Committee of the Board of Directors. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings with holdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties

Other Compensation and Fringe Benefits. In addition to any executive bonus, pension, deferred compensation and stock option plans which the Company may from time to time make available to the employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives. (b) Payment by the Company of the Employee's initiation and membership dues in all social and/or recreational clubs as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club. (c) Provision by the Company during the Term and any extensions thereof to the Employee and her his dependents of medical and other insurance coverage under the Company's Executive Medical Plan. (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary. (e) Employee shall be entitled to receive an annual incentive bonus for each calendar year included in this Agreement based on the Company's performance during the preceding year as determined by the Compensation Committee of the Board of Directors. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties

Other Compensation and Fringe Benefits. In addition to any executive bonus, pension, deferred compensation and stock option options plans which the Company may from time to time make available to the employee Employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives.; (b) Payment by the Company of the Employee's initiation and membership dues in all a social and/or recreational clubs club as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club.; (c) Provision by the Company during the Term and any extensions thereof to the Employee and her his dependents of medical and other insurance coverage under the Company's Executive Medical Plan.; (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary.; (e) Employee shall be entitled to receive an An annual incentive bonus for each calendar year included in this Agreement based on the Company's performance during the preceding year as determined calculated pursuant to a formula set by the Compensation Committee of the Company's Board of Directors. For the year 2003, the bonus formula is set forth on Exhibit A attached hereto. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties.

Other Compensation and Fringe Benefits. In addition to any executive bonus, pension, deferred compensation and stock option options plans which the Company may from time to time make available to the employee Employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives.; (b) Payment by the Company of the Employee's initiation and membership dues in all a social and/or recreational clubs club as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club.; (c) Provision by the Company during the Term and any extensions thereof to the Employee and her his dependents of medical and other insurance coverage under the Company's Executive Medical Plan.; (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's prerep-disability minimum base annual salary.; (e) Employee shall be entitled to receive an An annual incentive bonus for each calendar year included in this Agreement based on the Company's performance during the preceding year as determined calculated pursuant to a formula set by the Compensation Committee of the Company's Board of Directors. For the year 2003, the bonus formula is set forth on Exhibit A attached hereto. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties.