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, Employee 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:

Appears in 6 contracts

Samples: Employment Agreement (New Century Bancorp Inc), Employment Agreement (United Financial Inc), Employment Agreement (New Century Bancorp Inc)

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Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Employee 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 shallshall :

Appears in 2 contracts

Samples: Employment Agreement (New Century Bancorp Inc), Employment Agreement (New Century Bancorp Inc)

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Employee Xxx 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:

Appears in 1 contract

Samples: Agreement and Plan of Merger (New Century Bancorp Inc)

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Employee 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 's Board of Directors establishing such programs and plans, and the Bank’s '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 shallshall :

Appears in 1 contract

Samples: Employment Agreement (United Community Bancorp)

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Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Employee 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 BankBank including incentive and other stock options and grants, 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 shallshall :

Appears in 1 contract

Samples: Employment Agreement (New Century Bancorp Inc)

Participation in Retirement and Employee Benefit Plans; Fringe Benefits. Subject to the terms and conditions of this Agreement, Employee Xxxx 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 shallshall :

Appears in 1 contract

Samples: Employment Agreement (New Century Bancorp Inc)

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