Common use of Participation in Employee Benefit Plans; Other Benefits Clause in Contracts

Participation in Employee Benefit Plans; Other Benefits. The Executive shall be permitted during the Term, if and to the extent eligible, to participate in all employee benefit plans, policies and practices now or hereafter maintained by or on behalf of the Company commensurate with the Executive’s position with the Company. Nothing in this Employment Agreement shall preclude the Company from terminating or amending any such plans or coverage so as to eliminate, reduce or otherwise change any benefit payable thereunder, so long as such change similarly affects all Company employees. Notwithstanding anything herein to the contrary, Executive and his family shall receive health insurance from the Company.

Appears in 6 contracts

Samples: Employment Agreement (Reticulate Micro, Inc.), Employment Agreement (Reticulate Micro, Inc.), Employment Agreement (Reticulate Micro, Inc.)

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Participation in Employee Benefit Plans; Other Benefits. The Executive shall be permitted during the Term, if and to the extent eligible, to participate in all employee benefit plans, policies and practices now or hereafter maintained by or on behalf of the Company commensurate with the Executive’s position with the Company. Nothing in this Employment Agreement shall preclude the Company from terminating or amending any such plans or coverage so as to eliminate, reduce or otherwise change any benefit payable thereunder, so long as such change similarly affects all Company employees. Notwithstanding anything herein to the contrary, Executive and his family shall receive health insurance from the Company. The Executive health benefits (insurance, dental, vision), including family health benefits, are provided by the firm as part of your compensation package, should you elect to have these benefits.

Appears in 2 contracts

Samples: Employment Agreement (Reticulate Micro, Inc.), Employment Agreement (Reticulate Micro, Inc.)

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Participation in Employee Benefit Plans; Other Benefits. The Executive shall be permitted during the Term, if and to the extent eligible, to participate in all employee benefit plans, policies and practices now or hereafter maintained by or on behalf of the Company commensurate with the Executive’s position with the Company. Nothing in this Employment Agreement shall preclude the Company from terminating or amending any such plans or coverage so as to eliminate, reduce or otherwise change any benefit payable thereunder, so long as such change similarly affects all Company employees. Notwithstanding anything herein to the contrary, the Executive and his family shall receive health insurance from the Company.

Appears in 1 contract

Samples: Employment Agreement (Reticulate Micro, Inc.)

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