Common use of Retirement and Welfare Benefits Clause in Contracts

Retirement and Welfare Benefits. During the Term, Executive will be entitled to all the usual benefits offered to employees at Executive’s level, including sick time and participation in the Company’s medical, dental and insurance programs, as well as the ability to participate in the Company’s 401(k) retirement savings plan, subject to the applicable limitations and requirements imposed by the terms of such benefit plans, in each case in accordance with the terms of such plans as in effect from time to time. Nothing in this Section 4, however, shall require the Company to maintain any benefit plan or provide any type or level of benefits to its employees, including Executive.

Appears in 13 contracts

Samples: Employment Agreement (Fortress Investment Group LLC), Employment Agreement (Fortress Investment Group LLC), Employment Agreement (Fortress Investment Group LLC)

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Retirement and Welfare Benefits. During the Term, Executive will be entitled to all the usual benefits offered to employees at Executive’s level, including sick time and participation in the Company’s medical, dental and insurance programs, as well as the ability to participate in the Company’s 401(k) retirement savings plan, subject to the applicable limitations and requirements imposed by the terms of such benefit plans, in each case in accordance with the terms of such plans as in effect from time to time. Nothing in this Section 4, however, shall require the Company to maintain any benefit plan or provide any type or level of benefits to its employees, including Executive.

Appears in 11 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement (Apollo Global Management LLC)

Retirement and Welfare Benefits. During the Term, Executive will be entitled to all the usual benefits offered to employees at Executive’s 's level, including sick time and time, participation in the Company’s 's medical, dental and insurance programs, as well as the ability to participate in the Company’s 's 401(k) retirement savings plan, subject to the applicable limitations and requirements imposed by the terms of such benefit plans, in each case in accordance with the terms of such plans as in effect from time to timetime in effect. Nothing in this Section 4, however, shall require the Company to maintain any benefit plan or provide any type or level of benefits to its employees, including Executive.

Appears in 9 contracts

Samples: Employment Agreement (Brookdale Senior Living Inc.), Employment Agreement (Brookdale Senior Living Inc.), Employment Agreement (Brookdale Senior Living Inc.)

Retirement and Welfare Benefits. During the Term, Executive will be entitled to all the usual benefits offered to employees at Executive’s 's level, including vacation, sick time and time, participation in the Company’s 's medical, dental and insurance programs, as well as the ability to participate in the Company’s 's 401(k) retirement savings plan, subject to the applicable limitations and requirements imposed by the terms of such benefit plans. During the Term, in each case in accordance with the terms of such plans as in effect from time Executive shall be entitled to time. Nothing in this Section 4, however, shall require the Company to maintain any benefit plan or provide any type or level of benefits to its employees, including Executivenot less than three (3) weeks vacation.

Appears in 6 contracts

Samples: Employment Agreement (Colony Rih Acquisitions Inc), Employment Agreement (Colony Rih Acquisitions Inc), Employment Agreement (Colony Rih Acquisitions Inc)

Retirement and Welfare Benefits. During the Term, Executive will be entitled to all the usual benefits offered to employees at Executive’s level, including sick time and participation in the Company’s medical, dental dental, and insurance programs, as well as the ability to participate in the Company’s 401(k) retirement savings plan, subject to the applicable limitations and requirements imposed by the terms of such benefit plans, in each case in accordance with the terms of such plans as in effect from time to time. Nothing in this Section 4, however, shall require the Company to maintain any benefit plan or provide any type or level of benefits to its employees, including Executive.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Fortress Investment Group LLC), Employment Agreement (Fortress Investment Group LLC)

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Retirement and Welfare Benefits. During the Term, Executive will be entitled to all the usual benefits offered to employees at Executive’s level, including vacation, sick time and time, participation in the Company’s medical, dental and insurance programs, as well as the ability to participate in the Company’s 401(k) retirement savings plan, subject to the applicable limitations and requirements imposed by the terms of such benefit plans. During the Term, in each case in accordance with the terms of such plans as in effect from time Executive shall be entitled to time. Nothing in this Section 4, however, shall require the Company to maintain any benefit plan or provide any type or level of benefits to its employees, including Executivenot less than three (3) weeks vacation.

Appears in 1 contract

Samples: Employment Agreement (Resorts International Hotel & Casino Inc)

Retirement and Welfare Benefits. During the Term, Executive will be entitled to all the usual benefits offered to the employees at Executive’s level, including sick time and participation in the Company’s medical, dental and insurance programs, as well as the ability to participate in the Company’s 401(k) retirement savings plan, subject to the applicable limitations and requirements imposed by the terms of such benefit plans, in each case in accordance with the terms of such plans as in effect from time to time. Nothing in this Section 4, however, shall require the Company to maintain any benefit plan or provide any type or level of benefits to its employees, including Executive.

Appears in 1 contract

Samples: Employment Agreement (Apollo Global Management, Inc.)

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