Participation in Employee Plans. In addition to the plans described in this Agreement, the Executive shall be entitled to participate in any health, disability, or group life insurance plan; any pension, retirement, or profit sharing plan; and any other perquisites and fringe benefits, in which the Executive is eligible to participate and which may be generally made available from time to time to the Company’s senior executive officers, in accordance with the terms of such plans or arrangements.
Participation in Employee Plans. The Executive shall be entitled to participate in any health, disability, group term life insurance plan, any pension, retirement, or profit sharing plan, any executive bonus plan, long term incentive plan, deferred compensation plan or any other perquisites and fringe benefits that may be extended generally from time to time to employees of the Company at the Chief Officer Level. For purposes of this Agreement, employees of the Company at the “Chief Officer Level” shall mean the CEO, the Chief Financial Officer, the Chief Restaurant Support Officer and such other employees of the Company as may from time to time be designated as being at the Chief Officer Level by the Board.
Participation in Employee Plans. You shall be eligible to participate in any health, disability, and group term life insurance plans or other perquisites and fringe benefits that the Company extends generally from time to time to employees of the Company at the level of President.
Participation in Employee Plans. The Employee shall be entitled to participate in any health, disability group term life insurance, pension, retirement or profit sharing plan, or any other fringe benefits which may be extended generally from time to time to employees or executive officers of the Company, including, but not limited to, annual paid vacation.
Participation in Employee Plans. Executive shall be entitled to participate in any health, disability, and group term life insurance plans; in salary deferrals plan(s); in any pension, retirement, or profit sharing plans; in any annual executive bonus or other compensation plans; and/or in any other perquisites and benefit plans that Company extends generally from time to time to its executives. In addition, Executive shall be entitled to (i) an “executive physical,” for which Company, at Executive’s election, will either pay directly or reimburse Executive and (ii) annual reimbursement for supplemental life insurance for himself up to $2,000,000; provided that in no case shall the Company’s financial obligation pursuant to this clause (ii) exceed $25,000 per year. Payments or reimbursements made by Company pursuant to clause (ii) of the preceding sentence shall be made within 60 days of Company’s receipt of an invoice or other evidence of request for payment provided by the insurance provider to Executive. In the event that Executive’s employment by Company is terminated, Company shall have no further obligation pursuant to such clause (ii).
Participation in Employee Plans. Executive shall be entitled to participate in any health, disability, and group term life insurance plans (throughout Employee’s employment, Company shall ensure such group term life insurance plans provide for a minimum benefit for Executive of one times Executive’s then Base Salary); in salary deferrals plan(s); in any pension, retirement, or profit sharing plans; in any annual executive bonus or other compensation plans; and/or in any other perquisites and benefit plans that Company extends generally from time to time to its executives. In addition, Executive shall be entitled to an “executive physical,” for which Company, at Executive’s election, will either pay directly or reimburse Executive.
Participation in Employee Plans. In addition to the plans described in this Agreement, the Executive shall be entitled to participate in any health, disability, or group life insurance plan; any pension, retirement, or profit sharing plan; and any other perquisites and fringe benefits, in which the Executive is eligible to participate and which may be generally made available from time to time to the Company’s senior executive officers, in accordance with the terms of such plans or arrangements. The Company shall reimburse the Executive for the premium required to continue family health insurance coverage under COBRA under the health plan in which the Executive currently participates from the Effective Date until the date on which he becomes eligible to participate in the Company’s health benefit plans, up to a maximum of $1,600 per month. This amount shall be paid on an after-tax basis.
Participation in Employee Plans. Except as otherwise specifically provided in the Agreement or the Transition Services Agreement, all Continuing Employees will cease, effective as of the Closing Date, any participation in and any benefit accrual under each of the Employee Plans. Notwithstanding the first sentence of this Section 8.01(h), Continuing Employees may continue after the Closing Date to participate in accordance with, and subject to, their eligibility under the terms of the applicable Employee Plans as in effect from time to time as follows:
Participation in Employee Plans. Executive shall be entitled to participate in any health, disability, and group term life insurance plans (throughout Employee's employment, Company shall ensure such group term life insurance plans provide for a minimum benefit for Executive of one times Executive's then Base Salary); in salary deferrals plan(s); in any pension, retirement, or profit sharing plans; in any annual executive bonus or other compensation plans; and/or in any other perquisites and/or benefit plans that Company extends generally from time to time to its executives. In addition, (i) Executive shall be entitled to an "executive physical," for which Company, at Executive's election, will either pay directly or reimburse Executive, in either case up to $3,000, adjusted annually according to the Consumer Price Index, and (ii) Company shall pay Executive $2,000 adjusted annually according to the Consumer Price Index for the purchase of such additional life insurance as Executive may elect.
Participation in Employee Plans. You shall be eligible to participate in any health, disability, and group term life insurance plans or other perquisites and fringe benefits that the Company extends generally from time to time to employees of the Company at the level of Senior Vice President. The Company will also continue to contribute £20,000 annually to your UK pension scheme.
