Common use of Savings and Retirement Plans Clause in Contracts

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.

Appears in 15 contracts

Samples: Employment and Change of Control Agreement, Employment and Change (Newbridge Bancorp), Employment and Change (Newbridge Bancorp)

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Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension other savings and retirement plans (including supplemental retirement plans), practices, policies and programs programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable generally to senior the Company’s other executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveemployees.

Appears in 15 contracts

Samples: Employment Agreement (NOODLES & Co), Employment Agreement (NOODLES & Co), Employment Agreement (NOODLES & Co)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled eligible to participate in all savings, pension savings and retirement plans (including supplemental provided by the Company as in effect from time to time, on the same basis as such savings and retirement plans), practices, policies and programs applicable benefits are generally made available to senior executive employees other executives of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveCompany.

Appears in 10 contracts

Samples: Employment Agreement (Solo Cup CO), Employment Agreement (Solo Texas, LLC), Employment Agreement (Solo Texas, LLC)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs generally applicable generally to senior executive employees officers of the Employer (Company and its affiliated companies, subject to the “Benefit Plans”)Board's authority to modify or terminate any such plans, and practices, policies or programs on a Company-wide basis at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivetime.

Appears in 8 contracts

Samples: Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (Peer Executives, on comparable terms and conditions, but in no event shall such plans, practices, policies and programs provide the “Benefit Plans”)Executive with savings opportunities and retirement benefits, in each case, less favorable, in the aggregate, to the Executive than those provided by the Company and on at least as favorable a basis as any other participant who is a member of the senior executive management of Affiliated Companies to the Employer Executive at the same level as ExecutiveRelevant Time.

Appears in 8 contracts

Samples: Employment Agreement (WestRock Co), Employment Agreement (MEADWESTVACO Corp), Employment Agreement (Meadwestvaco Corp)

Savings and Retirement Plans. During the ---------------------------- Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs generally applicable generally to senior executive employees officers of the Employer (Company and its affiliated companies, subject to the “Benefit Plans”)Board's authority to modify or terminate any such plans, and practices, policies or programs on a Company-wide basis at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivetime.

Appears in 8 contracts

Samples: Amended and Restated Agreement (Solutia Inc), Amended and Restated Agreement (Solutia Inc), Form of Agreement (Solutia Inc)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveEmployer.

Appears in 8 contracts

Samples: Employment and Change (Newbridge Bancorp), Employment and Change (Newbridge Bancorp), Employment and Change (Newbridge Bancorp)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled eligible to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs to the extent applicable generally to senior executive employees other peer executives of the Employer (the “Benefit Plans”), Company and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveits affiliated entities.

Appears in 8 contracts

Samples: Employment Agreement (Indiana Energy Inc), Employment Agreement (Indiana Energy Inc), Employment Agreement (Indiana Energy Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs generally applicable generally to senior executive employees officers of the Employer (Company and its affiliated companies, subject to the “Benefit Plans”)Board’s authority to modify or terminate any such plans, and practices, policies or programs on a Company-wide basis at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivetime.

Appears in 7 contracts

Samples: Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled eligible to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs to the extent applicable generally to senior executive employees other executives of the Employer (Company in accordance with the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member provisions of the senior executive management of the Employer at the same level as Executivethose plans.

Appears in 7 contracts

Samples: Employment and Noncompetition Agreement (Techteam Global Inc), Employment and Noncompetition Agreement (Techteam Global Inc), Employment and Noncompetition Agreement (Techteam Global Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees other similarly situated executives of the Employer Company and any company controlled by, controlling, or under common control with the Company (the “Benefit Plans”"Affiliated Companies"), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.

Appears in 6 contracts

Samples: Employment Agreement (Riverwood Holding Inc), Employment Agreement (Riverwood Holding Inc), Employment Agreement (Riverwood Holding Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally on an aggregate basis that is no less favorable than in effect immediately prior to senior executive employees the commencement of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveEmployment Period.

Appears in 5 contracts

Samples: Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs on a basis no less favorable than that generally applicable generally to senior executive employees peer executives of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveCompany.

Appears in 5 contracts

Samples: Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/), Agreement and Plan of Merger (Panenergy Corp)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled eligible to participate during the Employment Period in all savings, pension any Company's savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of programs, in accordance with the Employer (the “Benefit Plans”)terms thereof, and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivehighest available level, if any, applicable from time to time to members of Senior Management, including any supplemental executive retirement plan.

Appears in 5 contracts

Samples: Employment Agreement (Principal Financial Group Inc), Employment Agreement (Financial Industries Corp), Employment Agreement (Financial Industries Corp)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees other peer executives of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveEmployer.

Appears in 4 contracts

Samples: Employment Agreement (Florida East Coast Industries, Inc.), Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at to the same level as Executiveextent consistent with applicable law and the terms of the applicable Benefit Plans.

Appears in 4 contracts

Samples: Employment and Change (Newbridge Bancorp), Employment and Change (Newbridge Bancorp), Employment and Change (Newbridge Bancorp)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, deferred compensation, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.

Appears in 4 contracts

Samples: Employment and Change (Entegra Financial Corp.), Employment and Change (Entegra Financial Corp.), Employment and Change (Entegra Financial Corp.)

Savings and Retirement Plans. During In addition to base salary and the Employment Periodbonuses, Executive shall be entitled to participate during Executive's continued employment with the Company in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable that are from time to time generally available to other similarly-situated, senior executive employees executives of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveCompany or its Affiliates.

Appears in 4 contracts

Samples: Retention Agreement (MPLX Lp), Retention Agreement (MPLX Lp), Retention Agreement (MPLX Lp)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies policies, and programs applicable generally to senior executive employees other peer executives of the Employer (the “Benefit Plans”), Company and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveits affiliated companies.

Appears in 4 contracts

Samples: Employment and Change of Control Agreement (Netsolve Inc), Employment and Change of Control Agreement (Netsolve Inc), Employment and Change of Control Agreement (Netsolve Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees other peer executives of the Employer (the “Benefit Plans”), Company and on at least its subsidiaries as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivemay be established from time to time by the Company.

Appears in 3 contracts

Samples: Executive Employment and Retention Agreement (Itc Deltacom Inc), Executive Employment and Retention Agreement (Itc Deltacom Inc), Executive Employment and Retention Agreement (Itc Deltacom Inc)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, deferred compensation, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveEmployer.

Appears in 3 contracts

Samples: Control Agreement, Employment and Change (Entegra Financial Corp.), Employment and Change (Entegra Financial Corp.)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.

Appears in 3 contracts

Samples: Employment Agreement (Peoples Bancorp of North Carolina Inc), Employment Agreement (Peoples Bancorp of North Carolina Inc), Employment Agreement (Peoples Bancorp of North Carolina Inc)

Savings and Retirement Plans. During the Employment ---------------------------- Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs on a basis no less favorable than that applicable generally to senior executive employees peer executives of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveCompany.

Appears in 2 contracts

Samples: Employment Agreement (First Usa Paymentech Inc), Employment Agreement (First Usa Paymentech Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs on a basis no less favorable than that generally applicable generally to senior executive employees peer executives of the Employer Company. (the “Benefit Plans”v), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.

Appears in 2 contracts

Samples: A) Agreement and Plan of Merger (Duke Power Co /Nc/), Agreement and Plan of Merger (Panenergy Corp)

Savings and Retirement Plans. During the Employment PeriodExecutive's employment, the Executive shall be entitled eligible to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs to the extent applicable generally to senior executive employees other executives of the Employer (the “Benefit Plans”)Company, including, without limitation, 401(k) profit sharing retirement savings, supplemental retirement and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivedeferred compensation plans.

Appears in 2 contracts

Samples: Employment Agreement (Multi Color Corp), Employment Agreement (Multi Color Corp)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs programs, if any, applicable generally to senior executive employees other peer Executives of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveCompany.

Appears in 2 contracts

Samples: Employment Agreement (Exigent International Inc), Employment Agreement (Exigent International Inc)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled eligible to participate during the Employment Period in all savings, pension any Company’s savings and retirement plans (including supplemental retirement plans), practices, policies and programs programs, in accordance with the terms thereof, if any, applicable generally from time to senior time to members of Senior Management, including any supplemental executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveretirement plan.

Appears in 1 contract

Samples: Employment Agreement (Principal Financial Group Inc)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.. (d)

Appears in 1 contract

Samples: Employment Agreement

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally that are now or may become available to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveCompany.

Appears in 1 contract

Samples: Employment Agreement (Premier Publishing Group, Inc.)

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Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all of the Employer’s savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on in at least as favorable a basis manner as any other participant who is a member of the senior executive management of the Employer at Company or the same level as ExecutiveBank (the “Benefit Plans”).

Appears in 1 contract

Samples: Employment Agreement (First Bancorp /Nc/)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including deferred compensation and supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at to the same level as Executiveextent consistent with applicable law and the terms of the applicable Benefit Plans.

Appears in 1 contract

Samples: Employment and Change (Newbridge Bancorp)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled eligible to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs to the extent applicable generally to senior executive employees other peer executives of the Employer (the “Benefit Plans”), Company and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveits affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (James River Corp of Virginia)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of FNB and/or the Employer Bank (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer Bank at the same level as Executive.

Appears in 1 contract

Samples: Employment and Change of Control Agreement (Newbridge Bancorp)

Savings and Retirement Plans. During ---------------------------- the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs generally applicable generally to senior executive employees officers of the Employer (Company and its affiliated companies, subject to the “Benefit Plans”)Board's authority to modify or terminate any such plans, and practices, policies or programs on a Company-wide basis at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivetime.

Appears in 1 contract

Samples: Agreement (Solutia Inc)

Savings and Retirement Plans. During the Employment Periodterm of the Executive’s employment, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to other senior executive employees executives of the Employer (the “Benefit Plans”)Company, as in effect and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveamended from time to time.

Appears in 1 contract

Samples: Employment Agreement (Fairpoint Communications Inc)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled eligible to participate in all savings, pension savings and retirement plans (including supplemental provided by the Company as in effect from time to time, on the same basis as such savings and retirement plans), practices, policies and programs applicable benefits are generally made available to other senior executive employees executives of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as ExecutiveCompany.

Appears in 1 contract

Samples: Employment Agreement (Solo Texas, LLC)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled eligible to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs pro- grams to the extent applicable generally to senior executive employees other peer executives of the Employer (the “Benefit Plans”), Company and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveits affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (James River Corp of Virginia)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of FNB and/or the Employer Bank (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of FNB and/or the Employer at the same level as ExecutiveBank.

Appears in 1 contract

Samples: Employment and Change (FNB Financial Services Corp)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all of the Employer’s savings, pension and retirement plans (including supplemental retirement plans), practices, and policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.

Appears in 1 contract

Samples: Employment Agreement (First Bancorp /Nc/)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs on a basis no less favorable than that applicable generally to any other senior executive employees executives of the Employer (the “Benefit Plans”), Company and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveits affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Conrail Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension other savings and retirement plans (including supplemental retirement plans), practices, policies and programs programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable generally to senior the Company’s other executive employees employees, subject in all events to the terms of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveapplicable plans.

Appears in 1 contract

Samples: Employment Agreement (NOODLES & Co)

Savings and Retirement Plans. During the ---------------------------- Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs generally applicable generally to senior executive employees executives of the Employer (Company and its affiliated companies, subject to the “Benefit Plans”)Board's authority to modify or terminate any such plans, practices, policies and programs on a Company-wide basis at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executivetime.

Appears in 1 contract

Samples: Agreement (Solutia Inc)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs on a basis no less favorable than that applicable generally to senior executive employees peer executives of the Employer (the “Benefit Plans”), Company and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executiveits affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Bank One Corp)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of FNB and/or the Employer Bank (the "Benefit Plans"), and on at least as favorable a basis as any other participant participant, other than the President and Chief Executive Officer of FNB, who is a member of the senior executive management of FNB and/or the Employer at the same level as ExecutiveBank.

Appears in 1 contract

Samples: Employment and Change of Control Agreement (FNB Financial Services Corp)

Savings and Retirement Plans. During the Employment Period, the Executive shall be entitled to participate in all savings, pension savings and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees other peer executives of the Employer (Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the “Benefit Plans”)Executive with savings opportunities and retirement benefit opportunities, and on at least as favorable a basis as any other participant who is a member of in each case, less favorable, in the senior executive management of the Employer at the same level as Executive.aggregate, than

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all savings, pension and retirement plans (including supplemental retirement plans), practices, policies and programs applicable generally to senior executive employees of the Employer Bank or UCB, (the "Benefit Plans”), ") and on at least as favorable a basis as any other participant who is a member senior executive employee of the senior executive management Bank or UCB. Without limiting the foregoing, Benefit Plans shall include the Bank's 401(k) Savings Plan, the Bank's Retirement Plan and any substitute and successor plan to any of the Employer at the same level as Executiveforegoing.

Appears in 1 contract

Samples: Employment Agreement (United Community Bancorp)

Savings and Retirement Plans. During the Employment Period, Executive shall be entitled to participate in all of the Employer’s savings, pension and retirement plans (including supplemental retirement plans), practices, practices and policies and programs applicable generally to senior executive employees of the Employer (the “Benefit Plans”), and on at least as favorable a basis as any other participant who is a member of the senior executive management of the Employer at the same level as Executive.

Appears in 1 contract

Samples: Employment Agreement (First Bancorp /Nc/)

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