Participation in Retirement and Medical Plans. During the Employment Period, Executive shall be entitled to receive employee benefits under, and participate in, all employee benefit plans to which Executive was entitled immediately prior to the Change of Control Date, including but not limited to any applicable pension, retirement, deferred compensation, employee stock ownership or Section 401(k) thrift and savings plans (collectively, "Retirement Plans"), and any disability, life insurance or medical and dental plans provided by the Company to executives with comparable duties; provided, however, that this provision shall not be construed to require the Company to establish any new plans.
Appears in 4 contracts
Samples: Employment Agreement (Michaels Stores Inc), Employment Agreement (Michaels Stores Inc), Employment Agreement (Michaels Stores Inc)
