Common use of Participation in Retirement and Employee Benefit Plans; Fringe Benefits Clause in Contracts

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. (a) The Bank shall provide family medical coverage and disability insurance for the Officer and the Officer shall also be entitled to participate in any plan relating to deferred compensation, stock options, stock purchases, pension, thrift, profit sharing, group life insurance, education, or other retirement or employee benefits that the Bank has adopted, or may, from time to time adopt, for the benefit of its executive employees or for employees generally, subject to the eligibility rules of such plans.

Appears in 9 contracts

Samples: Employment Agreement (Gateway Financial Holdings Inc), Employment Agreement (Gateway Financial Holdings Inc), Employment Agreement (Gateway Financial Holdings Inc)

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Participation in Retirement and Employee Benefit Plans; Fringe Benefits. (a) The Bank shall provide family medical coverage and disability insurance for the Officer and the Officer shall also be entitled to participate in any plan relating to medical and dental insurance, deferred compensation, stock options, stock purchases, pension, thrift, profit sharing, group life insurance, education, or other retirement or employee benefits that the Bank has adopted, or may, from time to time adopt, for the benefit of its executive employees or for employees generally, subject to the eligibility rules of such plans.

Appears in 4 contracts

Samples: Employment Agreement (Carolina Trust BancShares, Inc.), Employment Agreement (Carolina Trust BancShares, Inc.), Employment Agreement (Carolina Trust BancShares, Inc.)

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. (a) The Bank shall provide family medical coverage and disability insurance for the Officer and the Officer shall also be entitled to participate in any plan relating to deferred compensation, stock options, stock purchases, pension, thrift, profit sharing, group life insurancedisability coverage, education, or other retirement or employee benefits that the Bank Employer has adopted, or may, may from time to time adopt, for the benefit of its executive employees or for employees generally, subject to the eligibility rules of such plansplans and with the exception of medical coverage and group life insurance.

Appears in 1 contract

Samples: Settlement and Termination Agreement (Yadkin Valley Financial Corp)

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. (a) The Bank shall provide family medical coverage and disability insurance for the Officer and the Officer shall also be entitled to participate in any plan relating to deferred compensation, stock options, stock purchases, pension, thrift, profit sharing, group life insurance, disability coverage, education, or other retirement or employee benefits that the Bank has adopted, or may, from time to time adopt, for the benefit of its executive employees or for employees generally, subject to the eligibility rules of such plans.

Appears in 1 contract

Samples: Employment Agreement (Yadkin Valley Financial Corp)

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Participation in Retirement and Employee Benefit Plans; Fringe Benefits. (a) The Bank shall provide family medical and dental coverage and disability insurance for the Officer and the Officer shall also be entitled to participate in any plan relating to deferred compensation, stock options, stock purchases, pension, thrift, profit sharing, group life insurance, education, or other retirement or employee benefits that the Bank has adopted, or may, from time to time adopt, for the benefit of its executive employees or for employees generally, subject to the eligibility rules of such plans.

Appears in 1 contract

Samples: Employment Agreement (Yadkin Valley Financial Corp)

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. (a) The Bank shall provide family medical coverage and disability insurance for the Officer and the Officer shall also be entitled to participate in any plan relating to deferred compensation, stock options, stock purchases, pension, thrift, profit sharing, group life insurance, education, or other retirement or employee benefits that the Bank has adopted, or may, from time to time adopt, for the benefit of its executive employees or for employees generally, subject to the eligibility rules of such plans.

Appears in 1 contract

Samples: Employment Agreement (Crescent Financial Corp)

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