Common use of Standard Executive Benefits Package Clause in Contracts

Standard Executive Benefits Package. Executive is entitled during the Employment Period to participate, on the same basis as the Company’s other senior executives, in the Company’s Standard Executive Benefits Package. The Company’s “Standard Executive Benefits Package” means those benefits (including insurance, vacation and other benefits, but excluding, except as hereinafter provided in Section 6, any severance pay program or policy of the Company) for which substantially all of the executives of the Company are from time to time generally eligible, as determined from time to time by the Board. A summary of such benefits available to Executive as in effect on the date of this Agreement is attached hereto as Exhibit B. BHI will maintain appropriate Directors and Officers Liability Coverage, and will afford Executive with the Indemnification set forth in Article V of the Amended and Restated Bylaws of BHI.

Appears in 2 contracts

Samples: Employment Agreement (BlueLinx Holdings Inc.), Employment Agreement (BlueLinx Holdings Inc.)

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Standard Executive Benefits Package. Executive is entitled during the Employment Period to participate, on the same basis as the Company’s other senior executives, in the Company’s Standard Executive Benefits Package. The Company’s “Standard Executive Benefits Package” means those benefits (including insurance, vacation and other benefits, but excluding, except as hereinafter provided in Section 6, any severance pay program or policy of the Company) for which substantially all of the executives of the Company are from time to time generally eligible, as determined from time to time by the Board. A summary of such benefits available to Executive as in effect on the date of this Agreement is attached hereto as Exhibit B. BHI will maintain appropriate Directors and Officers Liability Coverage, and will afford Executive with the Indemnification set forth in Article V of the Amended Amendment and Restated Bylaws of BHI.

Appears in 2 contracts

Samples: Employment Agreement (BlueLinx Holdings Inc.), Employment Agreement (BlueLinx Holdings Inc.)

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