Common use of Retirement and Welfare Benefit Plans Clause in Contracts

Retirement and Welfare Benefit Plans. During the Employment Period and so long as the Executive is employed by the Company, he shall be eligible (subject to any generally applicable waiting periods) to participate in all other savings, retirement and welfare plans, practices, policies and programs applicable generally to employees and/or senior executive officers of the Company in accordance with the terms of such plans. The Company reserves the right to modify, eliminate or add to its retirement and welfare benefit plans, practices and policies at any time in its sole discretion.

Appears in 3 contracts

Samples: Employment Agreement (Gas Natural Inc.), Employment Agreement (Energy West Inc), Employment Agreement (Energy West Inc)

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Retirement and Welfare Benefit Plans. During the Employment Period and so long as the Executive Employee is employed by the Company, he shall be eligible (subject to any generally applicable waiting periods) to participate in all other savings, retirement and welfare plans, practices, policies and programs program applicable generally to employees and/or senior executive officers of the Company in accordance with the terms of such plans. The Company reserves the right to modify, eliminate or add to its retirement and welfare benefit plans, practices and policies at any time in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Gas Natural Inc.), Employment Agreement (Gas Natural Inc.)

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Retirement and Welfare Benefit Plans. During the Employment Period and so long as the Executive Employee is employed by the Company, he shall be eligible (subject to any generally applicable waiting periods) to participate in all other savings, retirement and welfare plans, practices, policies and programs program applicable generally to employees and/or senior executive Executive officers of the Company in accordance with the terms of such plans. The Company reserves the right to modify, eliminate or add to its retirement and welfare benefit plans, practices and policies at any time in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Gas Natural Inc.)

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