Perquisites and Benefits. The Employee shall be entitled to receive in the aggregate substantially the same fringe benefits and perquisites offered by the Corporation to any of the Corporation's similarly situated employees, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Corporation in general, subject to the regular eligibility requirements with respect to each of such benefit plans or programs.
Perquisites and Benefits. During the term of full time employment, Executive shall be entitled to continue to participate in such benefit programs and receive such perquisites as may from time to time be established by the Company.
Perquisites and Benefits. During the Term, the Executive shall be entitled to the following perquisites and benefits: ● [ ] Automobile. Executive shall receive $600 per month for automobile expenses. Executive shall also receive a gasoline company or other credit card for use in connection with Company business. ● [ ] Health Insurance. During the Term of the agreement, the Executive shall be entitled to, and the Company shall pay 100% of the cost of, health insurance coverage generally applicable to other senior executives of the Company, subject to availability/insurability of the Executive. ● [ ] Cell Phone. Executive shall be entitled to a cell phone, the cost of which (including service) shall be paid for by the Company.
Perquisites and Benefits. Amounts in this column represent (i) 36 months for Xx. Xxxxx and 24 months for each of Messrs. Xxxxxxxxx and Xxxxxxxx of continued healthcare coverage ($107,523 for Xx. Xxxxx, $27,571 for Xx. Xxxxxxxxx and $71,682 for Xx. Xxxxxxxx), and (ii) the maximum value of outplacement services each NEO may receive upon a qualifying termination, which is $10,000, in each case as provided under the Executive Severance Plan. The amount payable to each named executive officer is a “double- trigger” payment, which means the amount will become payable only upon a qualifying termination of employment following the effective time.
Perquisites and Benefits. You are entitled to the cash value of three (3) years of your currently elected health and welfare benefits. Further, any accrued, but unused paid time off will be paid out in full; provided, however, that such payout is provided by the Company pursuant to its legal obligations and is not consideration for purposes of the Separation, Waiver and Release Agreement. Equity CIC: The table below sets forth the value of outstanding Company stock awards that will accelerate and vest: Grant Name Grant Date Award Number Outstanding Awards Jan 31, 2022 (one time award) 31-Jan-2022 H1038 40,000 2022 TB LTIP 2 16-Feb-2022 H1139 4,434 2021-2022 PB converted to TB 08-Aug-2022 H1452M 11,107 2022-2023 PB converted to TB 11-Aug-2022 H1551M 16,470
Perquisites and Benefits. Employee shall be entitled to the same perquisites and benefits as are made available to other senior executive employees of the Company, as well as such other perquisites or benefits as may be specified from time to time by the Board, including not less than four (4) weeks of vacation per year.
Perquisites and Benefits. During the Term, Employee shall be entitled to receive all perquisites and benefits as are generally provided by the Company to its senior executive employees, subject to such changes, additions, or deletions as the Company may make generally from time to time, as well as such other perquisites or benefits as may be specified from time to time by the Company to its general employees, subject to such changes, additions, or deletions as the Company may make generally from time to time. In addition, during the Term Employee shall be entitled to receive the following perquisites:
Perquisites and Benefits. You are entitled to the cash value of three (3) years of Your currently elected health and welfare benefits. This amount, less applicable taxes and withholdings, will be paid in a lump sum within 60 days of the Separation Date, provided such payment date occurs after the Release Agreement’s Effective Date. Further, any accrued, but unused paid time off will be paid out in full; provided, however, that such payout is provided by the Company pursuant to its legal obligations and is not consideration for purposes of this Release Agreement. Equity CIC: The table below sets forth Your unvested Company stock awards that, as of the Release Agreement’s Effective Date, shall become vested and non-forfeitable: Grant Name Grant Date Award Number Outstanding Awards (RSU) Jan 31, 2022 (one-time award) 31-Jan-2022 1620 25,000 (RSU) TB LTIP 2 - Section 16 16-Feb-2022 1616 2,853 (RSU) 2021-2022 Converted - Section 16 08-Aug-2022 1617 7,485 (RSU) 2022-2023 Converted - USA 11-Aug-2022 1527 10,595 Total Equity 45,933
Perquisites and Benefits as if such termination of his employment had been effectuated pursuant to subparagraph (c) of this Section 3 and subject to all of the conditions set forth in subparagraph (c) of this Section 3. For purposes of this Agreement, the Executive shall be deemed to have been "Constructively Discharged" upon the occurrence of any one of the following events:
Perquisites and Benefits. During the Employment Period, Newmxx xxxll be entitled to all perquisites and benefits he had or was entitled to from East prior to the Effective Time except the use of a New York City apartment. The foregoing sentence shall not prevent the Company from changing benefit programs provided Newmxx (xxd to the extent applicable, his spouse and dependents) are treated at least as well under the benefit program as the Company's senior executives (and to the extent applicable, their spouses and dependents) and Newmxx (xxd to the extent applicable, his spouse and dependents) are provided with equivalent benefits or the economic equivalent of such benefits he (and to the extent applicable, his spouse and dependents) had or was entitled to immediately prior to the Effective Time. Without limitation on the foregoing Newmxx (xxd his spouse and dependents to the extent provided therein) shall be entitled during the Employment Period to participate in and be covered under all the welfare benefit plans or programs maintained by the Company from time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. The
