Common use of Other Executive Benefits Clause in Contracts

Other Executive Benefits. (a) During the Term, the Executive shall be entitled to (i) vacation time in accordance with the Company's approved policy from time to time then in effect; (ii) participate in all employee insurance and other fringe benefit programs, including, without limitation, life, health, dental and accident insurance plans and long term disability now or hereafter maintained by the Company for senior executive or other salaried personnel for which the Executive is eligible; (iii) participate in a pension plan with terms similar to those applicable to executives of the Company; and (iv) participate in the Company's equity compensation plan to the extent determined by the Board from time to time. (b) The Company shall promptly reimburse the Executive for all reasonable documented business expenses incurred in furtherance of the business and affairs of the Company in accordance with approved company policies.