Overall Qualification. Employer reserves the right to modify, suspend or discontinue any and all practices, policies and programs generally applicable to executives and other similarly situated executives at any time (whether before or after termination of employment) without notice to or recourse by Executive; however, Employer shall not amend the perquisites provisions set forth in Section 4(c) to reduce Executive’s benefits thereunder during the Term of this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (California Coastal Communities Inc), Employment Agreement (California Coastal Communities Inc), Employment Agreement (California Coastal Communities Inc)
Overall Qualification. Employer reserves the right to modify, suspend or discontinue any and all practices, policies and programs generally applicable to executives and other similarly situated executives at any time (whether before or after termination of employment) without notice to or recourse by Executive; however, Employer shall not amend the perquisites provisions set forth in Section 4(c) to reduce Executive’s 's benefits thereunder during the Term term of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (California Coastal Communities Inc)