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

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Xxxxx shall be entitled to participate in any and all employee benefit programs and compensation plans from time to time maintained by the Bank and available to all employees of the Bank, all in accordance with the terms and conditions (including eligibility requirements) of such programs and plans of the Bank, resolutions of the Bank’s Board of Directors establishing such programs and plans, and the Bank’s normal practices and established policies regarding such programs and plans. In addition to the other compensation and benefits described in this Agreement, the Bank shall provide Xxxxx with such other fringe benefits as may be set forth from time to time in Appendix B hereto as may be determined by the Board of Directors or delegated by the Board of Directors to an appropriate committee of the Board of Directors.

Appears in 2 contracts

Samples: Employment Agreement (AB&T Financial CORP), Employment Agreement (AB&T Financial CORP)

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Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Xxxxx Xxxxxxxx shall be entitled to participate in any and all employee benefit programs and compensation plans from time to time maintained by the Bank and available to all employees of the Bank, all in accordance with the terms and conditions (including eligibility requirements) of such programs and plans of the Bank, resolutions of the Bank’s Board of Directors establishing such programs and plans, and the Bank’s normal practices and established policies regarding such programs and plans. In addition to the other compensation and benefits described in this Agreement, the Bank shall provide Xxxxx Xxxxxxxx with such other fringe benefits as may be set forth from time to time in Appendix B hereto as may be determined by the Board of Directors or delegated by the Board of Directors to an appropriate committee of the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (AB&T Financial CORP)

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Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Xxxxx Xxxxxx shall be entitled to participate in any and all employee benefit programs and compensation plans from time to time maintained by the Bank and available to all employees of the Bank, all in accordance with the terms and conditions (including eligibility requirements) of such programs and plans of the Bank, resolutions of the Bank’s Board of Directors establishing such programs and plans, and the Bank’s normal practices and established policies regarding such programs and plans. In addition to the other compensation and benefits described in this Agreement, the Bank shall provide Xxxxx Xxxxxx with such other fringe benefits as may be set forth from time to time in Appendix B hereto as may be determined by the Board of Directors or delegated by the Board of Directors to an appropriate committee of the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (AB&T Financial CORP)

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