Common use of Regular Benefits Clause in Contracts

Regular Benefits. Executive shall also be entitled to participate in any employee benefit plans, medical insurance plans, life insurance plans, disability income plans, retirements plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company may from time to time have in effect for all or most of its members of the Policy Committee. Such participation shall be subject to the terms of the applicable plan documents, applicable policies of the Company, applicable law or the reasonable interpretation of applicable law and the discretion of the Board, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company to establish any such plan or to maintain the effectiveness of any such plan which may be in effect from time to time.

Regular Benefits. The Executive shall also be entitled to participate in any employee benefit qualified retirement plans, deferred compensation plans, supplemental retirement plans, stock option and incentive plans, stock purchase plans, medical insurance plans, life insurance plans, disability income plans, retirements retirement plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company Employer may from time to time have in effect for all or most of its members of the Policy Committeesenior executives. Such participation shall be subject to the terms of the applicable plan documents, generally applicable policies of the CompanyEmployer, applicable law or the reasonable interpretation of applicable law and the discretion of the BoardBoard of Directors, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company Employer to establish any such plan or to maintain the effectiveness of any such plan which that may be in effect from time to time.

Regular Benefits. The Executive shall also be entitled to participate in any employee benefit plans, medical insurance plans, life insurance plans, disability income plans, retirements retirement plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company Employer may from time to time have in effect for all or most of its members of the Policy Committeesenior executives, provided that no more than US$25,000 (twenty five thousand US dollars) shall be attributable to any benefit plan. Such participation shall be subject to the terms of the applicable plan documents, generally applicable policies of the CompanyEmployer, applicable law or the reasonable interpretation of applicable law and the discretion of the BoardBoard of Directors, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company Employer to establish any such plan or to maintain the effectiveness of any such plan which may be in effect from time to time.

Regular Benefits. The Executive shall also be entitled to participate in any employee benefit plans, medical insurance plans, life insurance plans, disability income plans, retirements retirement plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company Employer may from time to time have in effect for employees at or above the level of Executive Vice President, as well as any benefits that may be made available to all or most a majority of its members of the Policy Committeelower- level senior executives. Such participation shall be subject to the terms of the applicable plan documents, generally applicable policies of the CompanyEmployer, applicable law or the reasonable interpretation of applicable law and the discretion of the BoardBoard of Directors, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company Employer to establish any such plan or to maintain the effectiveness of any such plan which may be in effect from time to time.

Regular Benefits. Executive shall also be entitled to participate in any employee benefit plans, medical insurance plans, life insurance plans, disability income plans, retirements plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans plans, including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company may from time to time have in effect for all or most of its members of the Policy CommitteeChief Executive Officer. Such participation shall be subject to the terms of the applicable plan documents, applicable policies of the Company, applicable law or the reasonable interpretation of applicable law and the discretion of the Board, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company to establish any such plan or to maintain the effectiveness of any such plan which may be in effect from time to time.

Regular Benefits. The Executive shall also be entitled to participate in any employee benefit qualified retirement plans, deferred compensation plans, supplemental retirement plans, stock option and incentive plans, stock purchase plans, medical insurance plans, life insurance plans, disability income plans, retirements retirement plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company Employer may from time to time have in effect for all or most of its members of the Policy Committeesenior executives. Such participation shall be subject to the terms of the applicable plan documents, generally applicable policies of the CompanyEmployer, applicable law or the reasonable interpretation of applicable law and the discretion of the BoardBoard of Directors, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company Employer to establish any such plan or to maintain the effectiveness of any such plan which may be in effect from time to time.

Regular Benefits. The Executive shall also be entitled to participate in any employee benefit plans, incentive plans, medical insurance plans, life insurance plans, disability income plans, retirements retirement plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company Employer may from time to time have in effect for employees at or above the level of Executive Vice President, as well as any benefits that may be made available to all or most a majority of its members of the Policy Committeelower- level senior executives. Such participation shall be subject to the terms of the applicable plan documents, generally applicable policies of the CompanyEmployer, applicable law or the reasonable interpretation of applicable law and the discretion of the BoardBoard of Directors, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company Employer to establish any such plan or to maintain the effectiveness of any such plan which may be in effect from time to time.

Regular Benefits. Executive Xxxxxx shall also be entitled to participate in any employee benefit qualified retirement plans, deferred compensation plans, supplemental retirement plans, stock option and incentive plans, stock purchase plans, medical insurance plans, life insurance plans, disability income plans, retirements retirement plans, vacation plans, expense reimbursement plans, post-retirement benefit plans and other benefit plans including, without limitation, but not limited to, any split-dollar life insurance arrangements, which the Company Employer may from time to time have in effect for all or most of its members of the Policy Committeesenior level employees. Such participation shall be subject to the terms of the applicable plan documents, generally applicable policies of the CompanyEmployer, applicable law or the reasonable interpretation of applicable law and the discretion of the BoardBoard of Directors, the Compensation Committee or any administrative or other committee provided for in or contemplated by any such plan. Nothing contained in this Agreement shall be construed to create any obligation on the part of the Company Employer to establish any such plan or to maintain the effectiveness of any such plan which that may be in effect from time to time.