Common use of Vacation and Employee Benefits Clause in Contracts

Vacation and Employee Benefits. (i) The Executive shall be entitled to paid vacation and other employee benefits and perquisites, in accordance with the policies of the Company in effect for executive officers, or the vacation employee benefits and perquisites to which he was entitled immediately prior to the Effective Date, whichever is greater.

Appears in 4 contracts

Samples: Employment Agreement (CMS Energy Corp), Employment Agreement (Consumers Energy Co), Employment Agreement (CMS Energy Corp)

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Vacation and Employee Benefits. (i) The Executive shall be entitled to paid vacation and other employee benefits and perquisites, in accordance with the policies of the Company Corporation in effect for executive officers, or the vacation employee benefits and perquisites to which he was entitled immediately prior to the Effective Date, whichever is greater.

Appears in 2 contracts

Samples: Employment Agreement (CMS Energy Corp), Employment Agreement (Consumers Energy Co)

Vacation and Employee Benefits. (i) The Executive shall be entitled to paid vacation and other employee benefits and perquisites, in accordance with the policies of the Company Companies in effect for executive officers, or the vacation employee benefits and perquisites to which he was entitled immediately prior to the Effective Date, whichever is greater.

Appears in 1 contract

Samples: Employment Agreement (CMS Energy Corp)

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Vacation and Employee Benefits. (i) The Executive shall be entitled to paid vacation and other employee benefits and perquisites, at the election of the Executive, either: (a) in accordance with the policies of the Company in effect from time to time for executive officers; or (b) the vacation, or the vacation employee benefits and perquisites to which he was entitled immediately prior to the Effective Change of Control Date, whichever is greater.

Appears in 1 contract

Samples: Employment Agreement (Consumers Energy Co)

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