Participation in Plans. Notwithstanding any other provision of this Agreement, the Executive shall have the right to participate in any and all of the plans or programs made available by the Company (or it subsidiaries, divisions or affiliates) to, or for the benefit of, executives (including the annual stock option and restricted stock grant programs) or employees in general, on a basis consistent with other senior executives.
Participation in Plans. During the term hereof, Employee shall be entitled to participate on the same terms as afforded other executive officers in any group insurance, hospitalization, medical, dental, health and accident, disability or similar plan or program of the Company now existing or established hereafter to the extent that he is eligible under the general provisions thereof; provided that in no case shall the benefits be reduced or less than that granted, awarded or provided to Employee on the date hereof.
Participation in Plans. Nothing contained in this Agreement shall be construed to alter, abridge, or in any manner affect the rights and privileges of the Executive to participate in and be covered by any pension, profit sharing, group insurance, bonus, incentive, or other employee plans which the Bank or its affiliates or subsidiaries may now or hereafter have.
Participation in Plans. The Employee shall be entitled to all additional fringe benefits, including, but not limited to, life and health insurance programs that may be generally available to other employees of the Company. All matters of eligibility for coverage of benefits under any plan or plans of health, hospitalization, life or other insurance provided by the Company shall be determined in accordance with the provisions of the insurance policies. The Company shall not be liable to the Employee, or his beneficiaries or successors, for any amount payable or claimed to be payable under any plan of insurance, which is not paid to any of the Company’s other employees.
Participation in Plans. The Executive shall be entitled to participate in any life, medical, dental, health, hospitalization, travel, accident and/or disability insurance plans and in any sick leave and/or salary continuation plan, vacation (which shall not be less than three (3) weeks per year), holiday pay, retirement or employee benefit plan or program generally offered by the Company to its salaried employees. In addition, Executive shall be entitled to participate in the variable incentive compensation plan and the perquisites described on Schedule A attached hereto.
Participation in Plans. During the Executive’s employment with the Company, the Executive shall be entitled to participate in all savings and retirement plans, policies and programs maintained in force by the Company, including any qualified pension, profit sharing or other retirement plans, non-qualified retirement and deferred compensation plans, and other similar retirement and welfare benefit plans, programs and arrangements, provided that the Executive qualifies for participation in such plans, programs and arrangements pursuant to the terms thereof.
Participation in Plans. During the Term, Executive shall be entitled to participate in and receive benefits under and subject to the terms and conditions of all of the Company’s benefit plans, programs and arrangements for salaried employees, as they may be duly amended, approved or adopted by the Board from time to time, including any retirement plan, savings plan, life insurance plan, health insurance plan, and accident or disability insurance plan.
Participation in Plans. Xxxxxxx shall be entitled to participate in all applicable incentive, savings, and retirement plans, practices, policies, and programs of RAI and in any group life, hospitalization or disability insurance plans, and health programs, in each case to the extent Xxxxxxx is eligible under the terms of such plans or programs.
Participation in Plans. All employees as a condition of employment shall participate in the above plans and will be subject to the following conditions: Effective December 12, 2006, the provision of the benefit plans referenced in Articles 24.01, 24.02, 24.03, 24.04, and 24.06 d) will cease and/or will not be available to an employee, as the case may be, when the employee:
a) resigns; or
b) is terminated; or
c) is laid off beyond 1 calendar month; or
d) is discharged; or
e) is on extended leave of absence beyond 1 calendar month; or
f) is 65 years of age; or
g) reaches the date upon which Ontario legislation provides prescription drug coverage (provided the employee is at least 65 years of age); or
h) can retire and receive an OMERS pension plan without penalty (provided the employee is at least 65 years of age); or
i) having reached at least age 65, can no longer contribute to the OMERS pension plan. Coverage will cease and/or will not be provided as soon as any one of the listed conditions apply. Employees employed pursuant to Letter of Understanding attached to and forming part of this agreement, that provided for the benefits of Article XXIV, are governed by these provisions.
Participation in Plans. The Executive shall participate in the various benefit plans maintained in force by AESC, from time to time, in a manner and to an extent no less favorable than is available to peer executives of AESC, to the extent that the Executive meets the eligibility criteria of such plans. Such plans may include any qualified and nonqualified pension, supplemental pension, disability, medical, group life insurance, supplemental life insurance coverage, business travel insurance, sick leave, and other similar retirement and welfare benefit plans, programs and arrangements.
