Other Executive Benefits. During the Term, the Executive shall be entitled to participate in all Executive benefit plans, including health and 401(k) plans, from time to time generally in effect for Company’s Executives (collectively, “Benefit Plans”). If the Company does not implement a health plan, it will compensate Executive $1,100.00 per month. Such participation and receipt of benefits under any such Benefit Plans shall be on the same terms (including cost-sharing between Company and Executive) as are applicable to other Company Executives and shall be subject to the terms of the applicable plan documents and generally applicable Company policies. The Company may alter, modify, add to or delete the Benefit Plans in a manner nondiscriminatory to Executive at any time in accordance with applicable plan rules.
Appears in 4 contracts
Samples: Employment Agreement (60 Degrees Pharmaceuticals, Inc.), Employment Agreement (60 Degrees Pharmaceuticals, Inc.), Employment Agreement (60 Degrees Pharmaceuticals, Inc.)
