Vacation and Benefits. The Executive is entitled to four (4) weeks of vacation, which will accrue on a pro-rata basis during the employment year, in addition to all public holidays when the office is closed. Executive will be eligible to participate in all employee benefit plans established by the Company for its employees from time to time, subject to general eligibility and participation provisions set forth in such plans. In accordance with Company policies from time to time and subject to proper documentation, the Company will reimburse you for all reasonable and proper travel and business expenses incurred by you in the performance of your duties.
Vacation and Benefits. During the Term, you will participate in the Company’s paid time-off program and other Company benefits consistent with applicable policies for the executive officers of Forest City, including but not limited to benefits substantially comparable to those provided to you by Forest City Enterprises, Inc. immediately prior to the Effective Date.
Vacation and Benefits. Executive is eligible for four (4) weeks of paid vacation per year. Unused vacation time will not be carried over. Additional benefits include life insurance of $50,000 for Executive and $2,000 for Executive's spouse and $2,000 for each dependent, and miscellaneous firm-wide benefits such as free checking account, safe deposit box, no fee investments, etc. Executive shall also be entitled to use of a company automobile with gas card.
Vacation and Benefits. The Executive shall receive vacation, health insurance and other employee benefits as the Company makes available to other executives, as may exist at any particular time and from time to time during the Executive’s employment. All matters of eligibility for coverage or benefits under any health, hospitalization, life, disability, or other insurance plan, program or policy shall be determined in accordance with the provisions of the plan, program, or policy; and the Company shall not be liable to the Executive, the Executive’s family, heirs, executors, or beneficiaries for any payment payable or claimed to be payable under any such benefit plan, program, or policy.
Vacation and Benefits. The Executive shall be entitled to four (4) weeks of paid vacation for each calendar year during the term (pro-rated for any partial calendar year), which shall be accrued and used in accordance with the applicable policies of the Company as in effect from time to time. The Executive shall be eligible to participate in such medical, dental, vision and life insurance, retirement and other employee benefit plans and perquisites as the Company may have or establish from time to time (the “Employee Plans”) on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.
Vacation and Benefits. Executive is eligible for five weeks of paid vacation per year. Generally, all paid vacation must be taken in the year accrued. Additional benefits include health, life, disability and 401(k) retirement benefits as provided under the Bank's current plans (however, it is expected the Bank will continue the Bank's 401(k) plan through 2005), subject to annual revision. Medical and dental plans currently provide that the Bank pays 100% of the premiums for Executive and 50% of the premiums for Executive's dependents. The Bank will continue to pay current dues for athletic and country club memberships as are currently held by Executive, and the Bank will provide a monthly parking stipend covering 100% of Executive's parking. Consistent with Company policies, Company will reimburse Executive for business mileage and business cell phone.
Vacation and Benefits. The Executive is entitled to four (4) weeks of vacation, which will accrue on a pro-rata basis during the employment year, in addition to all public holidays when the office is closed. The Executive will be eligible to participate in all employee benefit plans established by the Company for its employees from time to time, subject to general eligibility and participation provisions set forth in such plans. In accordance with Company policies from time to time and subject to proper documentation, the Company will reimburse the Executive for all reasonable and proper travel and business expenses incurred by the Executive in the performance of his duties. The Executive will be covered by the Company’s directors’ and officers’ insurance policy, or an equivalent thereto (the “D & O Insurance Policy”), at the Company’s cost.
Vacation and Benefits. The Executive shall continue to receive vacation, health insurance and other employee benefits as the Company makes available to other executives, as may exist at any particular time and from time to time during the Executive’s employment.
Vacation and Benefits. Executive shall receive 3 weeks paid vacation for the first year of employment and an additional week of vacation for each additional year of employment with a maximum of 10 (Ten) weeks per year. Should Executive elect not to utilize any or all of his vacation time, the Company will pay executive his proportionate base salary for each vacation week not taken. Executive may accrue vacation time at his own discretion. The Company will provide for the Executive and his family paid major medical and dental insurance as well as other benefits offered by the Company to it's employees.
Vacation and Benefits. Employee shall be entitled to such vacation, leave and other benefits and shall be subject to such rules and regulations and disciplinary action as shall be in effect from time to time in accordance with Company policy as applied uniformly to similarly-situated employees. The Company reserves the right in its sole discretion to alter, amend, eliminate or discontinue at any time any such benefits, rules or regulations. During any period of unpaid leave in accordance with such benefits or policies the salary and incentive compensation described in Section 2(b) above shall not be earned. The incentive compensation payable hereunder for any period when an unpaid leave occurs shall be the prorated portion of the incentive compensation for the full period using the proportion that the time excluding such unpaid leave bears to the full period.
