Common use of PARTICIPATION IN WELFARE AND BENEFIT PLANS Clause in Contracts

PARTICIPATION IN WELFARE AND BENEFIT PLANS. During the Term hereof, in addition to the foregoing, Executive shall be entitled to participate in (personally and/or for the benefit of his or her family or other beneficiaries) any Company welfare, insurance and benefit plans that are available to other executives of the Company of comparable tenure and position, in accordance with the terms of such plans.

Appears in 3 contracts

Samples: Employment Agreement (Beebas Creations Inc), Employment Agreement (Beebas Creations Inc), Employment Agreement (Beebas Creations Inc)

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PARTICIPATION IN WELFARE AND BENEFIT PLANS. During the Term hereof, in addition to the foregoing, Executive shall be entitled to participate in (in, personally and/or for the benefit of his or her family or other beneficiaries) , any Company welfare, insurance and insurance, pension or other employment benefit plans that as are at the time made generally available to other executives of the Company to the same extent as generally made available to such executives. Executive shall be eligible to receive during the term hereof all benefits for which executives of comparable tenure the Company are eligible under every such plan or program to the extent permissible under the general terms and position, provisions of such plans or programs and in accordance with the terms of such plansprovisions thereof.

Appears in 2 contracts

Samples: Employment Agreement (Submicron Systems Corp), Employment Agreement (Submicron Systems Corp)

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PARTICIPATION IN WELFARE AND BENEFIT PLANS. During the Term hereof, in In addition to the foregoing, Executive shall be entitled to participate in (personally and/or for the benefit of his or her family or other beneficiaries) any Company welfare, insurance and benefit plans that are available to other executives of the Company of comparable tenure and position, in accordance with the terms of such plans.

Appears in 1 contract

Samples: Employment Agreement (Nitches Inc)

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