Common use of Participation in Employee Benefits Plans Clause in Contracts

Participation in Employee Benefits Plans. (a) Executive shall be entitled to participate in the employee benefit plans of the Employer generally available to other senior executives, including any health, disability or group life insurance plans or any retirement or non-qualified deferred compensation plans of the Employer, subject to the eligibility requirements of such plans. (b) Executive will be entitled to four weeks paid vacation per calendar year to be taken in accordance with the applicable vacation policy of the Employer. Any unused portion of available vacation days per annum will not carry over to the following year and Executive will not receive any compensation for such unused vacation prior to and/or upon the Termination Date (as defined below).