RIGHT TO TERMINATE OR AMEND. The Company reserves the right at its absolute discretion to terminate or amend at any time the PHI scheme or the Executive's membership of any scheme. The Company will provide an equivalent benefit unless, in the reasonable opinion of the Managing Director, it is unable to secure insurance at reasonable premiums due to the medical condition of the Executive.
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Samples: Employment Agreement (Canargo Energy Corp), Employment Agreement (Canargo Energy Corp)
RIGHT TO TERMINATE OR AMEND. The Company reserves the right at its absolute discretion to terminate or amend at any time the any Health Care Scheme or PHI scheme or the Executive's membership of any such scheme. The Company will provide an equivalent benefit unless, in the reasonable opinion of the Managing DirectorChief Executive Officer, it is unable to secure insurance at reasonable premiums due to the medical condition of the ExecutiveExecutive or his spouse or children.
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RIGHT TO TERMINATE OR AMEND. The Company reserves the right at its absolute discretion to terminate or amend at any time the PHI scheme any Health Care Scheme or the Executive's ’s membership of any scheme. The Company will provide an equivalent benefit unless, in the reasonable opinion of the Managing DirectorBoard, it is unable to secure insurance at reasonable premiums due to the medical condition of the Executive.
Appears in 1 contract
RIGHT TO TERMINATE OR AMEND. The Company reserves the right at its absolute discretion to terminate or amend at any time the any Health Care Scheme or PHI scheme or the Executive's membership of any such scheme. The Company will provide an equivalent benefit unless, in the reasonable opinion of the Managing DirectorChief Executive Officer , it is unable to secure insurance at reasonable premiums due to the medical condition of the ExecutiveExecutive or his spouse or children.
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