Common use of Standard Benefits Clause in Contracts

Standard Benefits. During the Term of Employment, the Executive shall be entitled to participate in all pension and retirement savings, fringe benefit and welfare plans, including life insurance, medical, health and accident, disability, and vacation plans and programs maintained by the Company from time to time for senior executives at a level commensurate with his position. The Executive acknowledges that participation in such programs may result in the receipt by him of additional taxable income.

Appears in 11 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

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Standard Benefits. During the Term of Employment, the Executive shall be entitled to participate in all pension and retirement savings, fringe benefit and welfare plans, including group term life insurance, medical, health and accident, disability, and vacation plans and programs maintained by the Company from time to time for employees. During the Term of Employment, the Executive shall also be entitled to participate in additional benefits and programs as described in this Section for senior executives at a level commensurate with his their position. The Executive acknowledges that participation in such programs may result in the receipt by him of additional taxable income.

Appears in 4 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

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Standard Benefits. During the Term of Employment, the Executive shall be entitled to participate in all pension and retirement savings, fringe employee benefit and welfare plans, including life insurance, medical, health and accident, disability, and vacation plans and programs maintained by the Company from time to time for senior executives at a level commensurate with his her position, including, but not limited to, all pension, retirement, fringe benefit and welfare plans, SERP, deferred compensation plan, executive health plan, and supplemental long-term disability plan. The Executive acknowledges that participation in such programs may result in the receipt by him her of additional taxable income.

Appears in 1 contract

Samples: Employment Agreement (Wendys International Inc)

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