Common use of Participation in Employee Plans Clause in Contracts

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. The Executive shall be entitled to participate in any health, disability, group term life insurance planinsurance, any pension, retirement, or profit sharing plansharing, any executive bonus planbonus, long term incentive planincentive, or deferred compensation plan or any other perquisites and fringe benefits that may be extended generally from time to time to employees of the Company Corporation at the Chief Officer Level. For purposes of this Agreement, employees of the Company Corporation at the “Chief Officer Level” shall mean the CEOChief Executive Officer, the Chief Financial Officer, the Chief Restaurant Support Officer President of Applebee’s, the President of IHOP, and such other employees of the Company Corporation as may from time to time be designated as being at the Chief Officer Level by the Board.