Common use of Vacation and Executive Benefits Clause in Contracts

Vacation and Executive Benefits. During the term of his employment, Executive shall be eligible for vacation each year, in accordance with the Company's standard policy for senior executives, as it may be amended from time to time. Executive shall be eligible during his employment term to participate in any employee benefit plans generally available to the other senior executives of the Company, subject in each case to the generally applicable terms and conditions of the plan in question and to the determinations of any person or committee administering such plan. The Company reserves the right to amend, modify or terminate any employee benefits at any time for any reason.

Appears in 10 contracts

Samples: Employment Agreement (3dfx Interactive Inc), Employment Agreement (3dfx Interactive Inc), Employment Agreement (3dfx Interactive Inc)

AutoNDA by SimpleDocs

Vacation and Executive Benefits. During the term of his employment, Executive shall be eligible for paid vacation each year, in accordance with the Company's standard policy for senior executivesofficers of the Company, as it may be amended from time to time. During the term of his employment, Executive shall receive the standard automobile allowances currently in effect for his position, and be eligible during his employment term to participate in any employee benefit plans generally available to maintained by the other senior executives of the CompanyCompany for similarly situated U.S. employees, subject in each case to the generally applicable terms and conditions of the plan in question and to the determinations of any person or committee administering such plan. The Company reserves the right to amend, modify or terminate any employee benefits at any time for any reason.

Appears in 5 contracts

Samples: Employment Agreement (BRG Acquisition Corp), Employment Agreement (BRG Acquisition Corp), Employment Agreement (BRG Acquisition Corp)

Vacation and Executive Benefits. During the term of his employment------------------------------- Employment, the Executive shall be eligible for paid vacation each year, in accordance with the Company's standard policy for senior executivessimilarly situated employees, as it may be amended from time to time. During the term of his Employment, the Executive shall be eligible during his employment term to participate in any employee benefit plans generally available to maintained by the other senior executives of the CompanyCompany for similarly situated employees, subject in each case to the generally applicable terms and conditions of the plan in question and to the determinations of any person or committee administering such plan. The Company reserves the right to amend, modify or terminate any employee benefits at any time for any reason.

Appears in 3 contracts

Samples: Joint Escrow Instructions (Crossworlds Software Inc), Employment Agreement (Crossworlds Software Inc), Joint Escrow Instructions (Crossworlds Software Inc)

Vacation and Executive Benefits. During the term of his her employment, ------------------------------- Executive shall be eligible for vacation each year, in accordance with the Company's standard policy for senior executivespolicy, as it may be amended from time to time. Executive shall be eligible during his her employment term to participate in any employee benefit plans generally available to the other senior executives of the Company, subject in each case to the generally applicable terms and conditions of the plan in question and to the determinations of any person or committee administering such plan. The Company reserves the right to amend, modify or terminate any employee benefits at any time for any reason.

Appears in 1 contract

Samples: Employment Agreement (Viador Inc)

AutoNDA by SimpleDocs

Vacation and Executive Benefits. During the term of his employment, Executive shall be eligible for vacation each year, in accordance with the Company's standard policy for senior executives, as it may be amended from time to time. Executive shall be eligible during his employment term Employment Period to participate in any employee benefit plans generally available to the other senior executives of the Company, subject in each case to the generally applicable terms and conditions of the plan in question and to the determinations of any person or committee administering such plan. The Company reserves the right to amend, modify or terminate any employee benefits at any time for any reason.

Appears in 1 contract

Samples: Employment Agreement (3dfx Interactive Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!