Common use of Participation in Employer Benefit Plans Clause in Contracts

Participation in Employer Benefit Plans. Until the termination of Employee’s employment, Employee will be eligible to participate in all compensation programs and employee benefit plans maintained by Employer from time to time and generally available to the officers and employees of Employer, subject to the terms of such programs and plans. Employer reserves the right to amend or cancel any compensation programs and employee benefit plans at any time in its sole discretion, subject to the terms of such programs and plans and applicable law.

Appears in 8 contracts

Samples: Executive Employment Agreement (LegacyTexas Financial Group, Inc.), Executive Employment Agreement (Prosperity Bancshares Inc), Executive Employment Agreement (Prosperity Bancshares Inc)

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Participation in Employer Benefit Plans. Until the termination of Employee’s employment, Employee will be eligible to participate in all compensation programs and employee benefit plans maintained by Employer from time to time and generally available to the officers and employees of Employer, subject to Employer in accordance with the terms of such programs and plans. Employer reserves the right to amend or cancel any compensation programs and employee benefit plans at any time in its sole discretion, subject to the terms of such programs and plans and applicable law.

Appears in 6 contracts

Samples: Employment and Non Competition Agreement, Employment and Non Competition Agreement (Texas United Bancshares Inc), Employment and Non Competition Agreement (Texas United Bancshares Inc)

Participation in Employer Benefit Plans. Until the termination of Employee’s employment, Employee will be eligible to participate in all compensation programs and employee benefit plans maintained by Employer from time to time and generally available to the officers and employees of Employer, subject to Employer and in accordance with the terms of such programs and plans. Employer reserves the right to amend or cancel any compensation programs and employee benefit plans at any time in its sole discretion, subject to the terms of such programs and plans and applicable law.

Appears in 3 contracts

Samples: Form of Employment Agreement (Prosperity Bancshares Inc), Employment Agreement (Prosperity Bancshares Inc), Employment Agreement (Prosperity Bancshares Inc)

Participation in Employer Benefit Plans. Until the termination of Employee’s 's employment, Employee will be eligible to participate in all compensation programs and employee benefit plans maintained by Employer from time to time and generally available to the officers and employees of Employer, subject to Employer in accordance with the terms of such programs and plans. Employer reserves the right to amend or cancel any compensation programs and employee benefit plans at any time in its sole discretion, subject to the terms of such programs and plans and applicable law.

Appears in 1 contract

Samples: Employment Agreement (Prosperity Bancshares Inc)

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Participation in Employer Benefit Plans. Until the termination of Employee’s 's employment, Employee will be eligible to participate in all compensation programs and employee benefit plans maintained by Employer from time to time and generally available to the officers and employees of Employer, subject to Employer and in accordance with the terms of such programs and plans. Employer reserves the right to amend or cancel any compensation programs and employee benefit plans at any time in its sole discretion, subject to the terms of such programs and plans and applicable law.

Appears in 1 contract

Samples: Employment Agreement (Prosperity Bancshares Inc)

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