Common use of Overall Qualification Clause in Contracts

Overall Qualification. Subject to the terms of any written benefit plans, Employer reserves the right to modify, suspend or discontinue any and all of the above referenced benefit plans, practices, policies and programs at any time (whether before or after termination of employment) without notice to or recourse by Executive so long as such action is taken generally with respect to other similarly situated persons and does not single out Executive.

Appears in 3 contracts

Samples: Employment Agreement (Corillian Corp), Employment Agreement (Corillian Corp), Employment Agreement (Corillian Corp)

AutoNDA by SimpleDocs

Overall Qualification. Subject to the terms of any written benefit plans, Employer reserves the right to modify, suspend or discontinue any and all of the above referenced benefit plans, practices, policies and programs at any time (whether before or after termination of employment) without notice to or recourse by Executive so long as such action is taken generally with respect to other similarly situated persons and does not single out Executive. Under no circumstances may Employer reduce the benefits payable to Executive under subsections 5.2 (B), (C), (D), (E) or (F).

Appears in 1 contract

Samples: Employment Agreement (Corillian Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.