Participation in Benefit Programs Sample Clauses

Participation in Benefit Programs. Officer shall be entitled to participate in any benefit programs generally applicable to officers of Employer adopted by Employer from time to time.
AutoNDA by SimpleDocs
Participation in Benefit Programs. Employee shall be entitled to participate in any benefit programs generally applicable to employees of Employer adopted by Employer from time to time. All expenses for which Employee may be eligible for reimbursement and all in-kind benefits Employee may receive pursuant to this Section 4 must be incurred by or provided to, as applicable, the Employee during the Period of Employment for the Employee to be eligible for the reimbursement or the in-kind benefit. All taxable reimbursements shall be paid as soon as administratively practicable, but in no event shall any reimbursement be paid after the last day of the taxable year following the taxable year in which the expense was incurred, nor shall the amount of taxable, reimbursable expenses incurred or in-kind benefits provided in one taxable year affect the expenses eligible for reimbursement or the in-kind benefits provided, as applicable, in any other taxable year. The right to a taxable reimbursement or an in-kind benefit under this Agreement will not be subject to liquidation or exchange for another benefit.
Participation in Benefit Programs. Executive shall be entitled to participate in any benefit programs generally applicable to employees of Employer adopted by Employer from time to time. All expenses for which Executive may be eligible for reimbursement and all in-kind benefits Executive may receive pursuant to this Section 4 must be incurred by or provided to, as applicable, the Executive during the Period of Employment for the Executive to be eligible for the reimbursement or the in-kind benefit. All taxable reimbursements shall be paid as soon as administratively practicable, but in no event shall any reimbursement be paid after the last day of the taxable year following the taxable year in which the expense was incurred, nor shall the amount of taxable, reimbursable expenses incurred or in-kind benefits provided in one taxable year affect the expenses eligible for reimbursement or the in-kind benefits provided, as applicable, in any other taxable year. The right to a taxable reimbursement or an in-kind benefit under this Agreement will not be subject to liquidation or exchange for another benefit.
Participation in Benefit Programs. Employee shall be eligible to participate in all benefit programs and under the same terms and conditions as are generally applicable to salaried employees and senior executives of Employer during the term of this Agreement. These benefits include life insurance in the event of death equivalent to three (3) times base pay while employed. Employee will be entitled to one country club membership paid for by Employer provided that the Chief Executive Officer of Employer has prior approval on the selection of the specific club. Employee shall also be eligible to participate in (i) Employer's Incentive Compensation Plan and (ii) Employer's 1995 Incentive Stock Plan, as long as Employer continues such plans during the term of this Agreement, and to receive awards or grants under such Plans at Employer's sole discretion.
Participation in Benefit Programs. PCP acknowledges and agrees that, notwithstanding of the listing of a Benefit Program on Schedule D, PCP's participation in any one or more Benefit Program(s) is under no circumstances whatsoever conditioned by VISTA or a VISTA Affiliate or dependent on PCP's participation or non-participation in any other Benefit Program, relationship, arrangement, contract, line of business or other agreement with VISTA or any VISTA Affiliate.
Participation in Benefit Programs. (a) Prior to the MidCon Divestiture Date, while Employee is serving under Paragraph 3(a) above, Employee shall be eligible to participate in (i) all benefit programs and under the same terms and conditions as are generally applicable to salaried employees and senior executives of Employer (including the senior executive deferred compensation plan and the 1988 deferred compensation plan), except that Employee shall be eligible to participate in the MidCon Retirement Plan, Savings Plan and Supplemental Retirement Plan, rather than Employer's versions of such plans, (ii) the MidCon ESOP plan, and (iii) Employer's Incentive Compensation Plan and 1995 Incentive Stock Plan, in all cases for so long as such programs and plans remain in effect, and Employee shall also be eligible to receive awards or grants under such Plans at Employer's sole discretion.
Participation in Benefit Programs. During the term of this Agreement, Employee shall be entitled to participate in all employee benefit programs generally applicable to employees of Employer adopted by Employer from time to time, as well as in Employer's Incentive Compensation Plan and Employer's 1977 Long- Term Incentive Stock Purchase Plan.
AutoNDA by SimpleDocs
Participation in Benefit Programs. During the term of this Agreement, Employee shall be entitled to participate in all benefit programs generally applicable to salaried employees of employer in force or adopted by Employer from time to time. Employee will be required to participate in the tax preparation program conducted by Arthxx Xxxexxxx & Xo.
Participation in Benefit Programs. The Executive shall. be entitled to participate IN or receive benefits under all of the Company's benefit plans in effect on the date hereof or made available in the future to employees and key management personnel of the Company, including without limitation, major medical, dental, life and disability insurance, profit sharing, stock option and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans. With respect to health `insurance coverage for Executive's immediate family (defined as Executive's spouse and children), if such coverage is provided by the Company for its other executive officers, such coverage shall be provided on the same basis as it is provided to other executive officers of the Company.
Participation in Benefit Programs. The Executive shall be entitled to participate in or receive benefits under all of the Company's benefit plans in effect on the date hereof or made available in the future to employees and key management personnel of the Company, including without limitation, major medical, dental, life and disability insurance, profit sharing, stock option and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans. The commencement of inclusion of Executive as a participant in the Company's employee benefit plans shall be consistent with the waiting periods, if any, for the Company's executives generally. With respect to health insurance coverage for Executive's immediate family (defined as Executive's spouse and children), if such coverage is provided by the Company for its other executive officers, such coverage shall be provided on the same basis as it is provided to other executive officers of the Company.
Time is Money Join Law Insider Premium to draft better contracts faster.