Common use of Welfare Benefit Plans Clause in Contracts

Welfare Benefit Plans. During the Employment Term, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate in and shall receive all benefits under all welfare benefit plans, programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs and arrangements) to the extent applicable generally to the Executive’s peer executives of the Company and its affiliated companies, but in no event shall such plans, programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s peer executives of the Company and its affiliated companies.

Appears in 11 contracts

Samples: Employment Agreement (Paragon Offshore PLC), Employment Agreement (Noble Corp PLC), Employment Agreement (Noble Corp PLC)

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Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day 120‑day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 9 contracts

Samples: Change in Control Agreement (Strattec Security Corp), Employment Agreement (Strattec Security Corp), Employment Agreement (Strattec Security Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 1206-day month period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 9 contracts

Samples: Employment Agreement (Alltel Corp), Employment Agreement (Alltel Corp), Employment Agreement (Alltel Corp)

Welfare Benefit Plans. During the Change of Control Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 8 contracts

Samples: Employment Agreement (Microfinancial Inc), Employment Agreement (Microfinancial Inc), Employment Agreement (Microfinancial Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies Affiliated Companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel travel, accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies.

Appears in 7 contracts

Samples: Executive Employment Agreement (Adient LTD), Change of Control Executive Employment Agreement (Johnson Controls Inc), Executive Employment Agreement (Johnson Controls Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 6 contracts

Samples: Change of Control Employment Agreement (Foster Wheeler LTD), Change of Control Employment Agreement (Foster Wheeler LTD), Change of Control Employment Agreement (Foster Wheeler LTD)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent generally applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, or if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 6 contracts

Samples: Change of Control Employment Agreement (Tupperware Brands Corp), Change of Control Employment Agreement (Tupperware Brands Corp), Change of Control Employment Agreement (Tupperware Brands Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies, and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death death, and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies, and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 6 contracts

Samples: Change of Control Employment Agreement (Western Atlas Inc), Change of Control Employment Agreement (Western Atlas Inc), Change of Control Employment Agreement (Western Atlas Inc)

Welfare Benefit Plans. During the Employment Term, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate in and shall receive all benefits under all welfare benefit plans, programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs and arrangements) to the extent applicable generally to the Executive’s 's peer executives of the Company and its affiliated companies, but in no event shall such plans, programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s 's peer executives of the Company and its affiliated companies.

Appears in 5 contracts

Samples: Employment Agreement (Noble Corp), Employment Agreement (Noble Corp), Employment Agreement (Noble Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 5 contracts

Samples: Employment Agreement (Cyprus Amax Minerals Co), Change of Control Employment Agreement (NNG Inc), Employment Agreement (Kraft Foods Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day 120‑day period immediately preceding the Effective Change of Control Date or, if more favorable to the Executive, those provided generally at any time after the Effective Change of Control Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 5 contracts

Samples: Key Employee Change of Control Contract (Western Midstream Operating, LP), Key Employee Change of Control Contract (Western Midstream Operating, LP), Key Employee Change of Control Contract (Anadarko Petroleum Corp)

Welfare Benefit Plans. During the Employment Term--------------------- Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 5 contracts

Samples: Employment Agreement (Cyprus Amax Minerals Co), Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, vision, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 5 contracts

Samples: Severance Agreement (Valero Energy Corp/Tx), Change of Control Employment Agreement (PNC Financial Services Group Inc), Change of Control Employment Agreement (PNC Financial Services Group Inc)

Welfare Benefit Plans. During the Employment Term, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate in and shall receive all benefits under all welfare benefit plans, programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs and arrangements) to the extent applicable generally to the Executive’s peer executives of the Company and its affiliated companies, but in no event shall such plans, programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s peer executives of the Company and its affiliated companies.

Appears in 5 contracts

Samples: Employment Agreement (Noble Corp), Employment Agreement (Noble Corp), Employment Agreement (Noble Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescriptionprescription drugs, dental, disability, salary continuance, severance pay, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Change in Control Agreement (Clorox Co /De/), Change in Control Agreement (Clorox Co /De/), Change in Control Agreement (Clorox Co /De/)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Employment Agreement (Atl Ultrasound Inc), Severance Agreement (Workflow Management Inc), Change of Control Employment Agreement (Pmi Group Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies.

Appears in 4 contracts

Samples: Employment Agreement (Merit Medical Systems Inc), Employment Agreement (Merit Medical Systems Inc), Employment Agreement (Merit Medical Systems Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable favor-able to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Executive Supplemental Employment Agreement (Highwoods Realty LTD Partnership), Executive Supplemental Employment Agreement (Highwoods Realty LTD Partnership), Executive Supplemental Employment Agreement (Highwoods Realty LTD Partnership)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee lifelife (and, if applicable, supplemental term life insurance), group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Employment Agreement (Stone & Webster Inc), Change of Control Employment Agreement (Stone & Webster Inc), Employment Agreement (Stone & Webster Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) and applicable to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120one-day year period immediately preceding the Effective Date Date, or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Change of Control Agreement (Hologic Inc), Change of Control Agreement (Hologic Inc), Change of Control Agreement (Hologic Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may bemaybe, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable,, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time anytime during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Key Employee Agreement (Graco Inc), Key Employee Agreement (Graco Inc), Key Employee Agreement (Graco Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, vision, disability, employee split dollar life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Change in Control Employment Agreement (Carramerica Realty Corp), Change in Control Employment Agreement (Carramerica Realty Corp), Change in Control Employment Agreement (Carramerica Realty Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its the affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, split-dollar life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its the affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its the affiliated companies.

Appears in 4 contracts

Samples: Employment Agreement (National Commerce Bancorporation), Employment Agreement (National Commerce Bancorporation), Employment Agreement (National Commerce Bancorporation)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Entities (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Entities, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Entities.

Appears in 4 contracts

Samples: Change in Control Continuity Agreement (Sun Bancorp Inc /Nj/), Change in Control Continuity Agreement (Sun Bancorp Inc /Nj/), Change in Control Continuity Agreement (Sun Bancorp Inc /Nj/)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive --------------------- and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Employment Agreement (Golden State Bancorp Inc), Change of Control Employment Agreement (Mapics Inc), Employment Agreement (Golden State Bancorp Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, split-dollar life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 4 contracts

Samples: Employment Agreement (Office Depot Inc), Employment Agreement (Office Depot Inc), Employment Agreement (Office Depot Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, vision, disability, employee split dollar life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 3 contracts

Samples: Change in Control Employment Agreement (Carramerica Realty Corp), Change in Control Employment Agreement (Carramerica Realty Corp), Change in Control Employment Agreement (Carramerica Realty Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its the affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, split-dollar life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its the affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its the affiliated companies.

Appears in 3 contracts

Samples: Employment Agreement (Mirage Resorts Inc), Employment Agreement (Mirage Resorts Inc), Employment Agreement (Mirage Resorts Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company Corporation and its affiliated companies companies, (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company Corporation and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company Corporation and its affiliated companies.

Appears in 3 contracts

Samples: Employment Agreement (Providian Corp), Employment Agreement (Providian Corp), Employment Agreement (Providian Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable favor-able to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 3 contracts

Samples: Executive Supplemental Employment Agreement (Highwoods Realty LTD Partnership), Executive Supplemental Employment Agreement (Highwoods Realty LTD Partnership), Executive Supplemental Employment Agreement (Highwoods Realty LTD Partnership)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent generally applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than (x) the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, or (y) if more favorable to the Executive, those provided generally at any time after the Effective Date generally to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 3 contracts

Samples: Change of Control Agreement (Hecla Mining Co/De/), Change of Control Agreement (Hecla Mining Co/De/), Employment Agreement (Hecla Mining Co/De/)

Welfare Benefit Plans. During the Employment TermPeriod, --------------------- the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) and applicable to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120one-day year period immediately preceding the Effective Date Date, or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 3 contracts

Samples: Change of Control Agreement (Hologic Inc), Change of Control Agreement (Hologic Inc), Change of Control Agreement (Hologic Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Change of Control Date or, if more favorable to the Executive, those provided generally at any time after the Effective Change of Control Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 3 contracts

Samples: Key Employee Change of Control Contract (Anadarko Petroleum Corp), Key Employee Change of Control Contract (Anadarko Petroleum Corp), Key Employee Change of Control Contract (Anadarko Petroleum Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive --------------------- and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 2 contracts

Samples: Employment Agreement (Becton Dickinson & Co), Employment Agreement (Becton Dickinson & Co)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 2 contracts

Samples: Severance Agreement (Carpenter Technology Corp), Severance Agreement (Carpenter Technology Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its the affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its the affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its the affiliated companies.

Appears in 2 contracts

Samples: Employment Agreement (Ziegler Companies Inc), Employment Agreement (National Commerce Bancorporation)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 2 contracts

Samples: Change of Control Employment Agreement (Foster Wheeler LTD), Change of Control Employment Agreement (Foster Wheeler LTD)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day 120‑day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Change in Control Employment Agreement (PPG Industries Inc), Employment Agreement (Louisiana-Pacific Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive --------------------- and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Termination Benefits Agreement (Control Devices Inc), Termination Benefits Agreement (Control Devices Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medicalmedial, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Employment Agreement (Heilig Meyers Co), Employment Agreement (Heilig Meyers Co)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescriptionprescription drugs, dental, disability, salary continuance, severance pay, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Change of Control Employment Agreement (Clorox Co /De/), Change of Control Employment Agreement

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, split-dollar life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Employment Agreement (Office Depot Inc), Employment Agreement (Office Depot Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s peer executives other Peer Executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s peer executives other Peer Executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Employment Agreement (Noven Pharmaceuticals Inc), Employment Agreement (Noven Pharmaceuticals Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives execu-tives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day 120‑day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Employment Agreement (Louisiana-Pacific Corp), Employment Agreement (Louisiana-Pacific Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, vision, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 2 contracts

Samples: Severance Agreement (Valero Energy Corp/Tx), Severance Agreement (Valero Energy Corp/Tx)

Welfare Benefit Plans. During the Change of Control Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Employment Agreement (Microfinancial Inc), Employment Agreement (Microfinancial Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, vision, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are materially less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Valero Energy Corp/Tx), Severance Agreement (Valero Energy Corp/Tx)

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Welfare Benefit Plans. During the Employment Term, the The Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, supplemental health, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Change of Control Date or, if more favorable to the Executive, those provided generally at any time after the Effective Change of Control Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Executive Agreement (Atwood Oceanics Inc), Executive Agreement (Atwood Oceanics Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day 120‑day period immediately preceding the Effective Date or, if more 35622149 5 favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Strattec Security Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive --------------------- and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent generally applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, or if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Tupperware Corp)

Welfare Benefit Plans. During the Employment Term, the Executive and/or the --------------------- Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies subsidiaries (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiessubsidiaries, but but, after the Change Date, in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Change Date or, if more favorable to the Executive, those provided generally at any time after the Effective Change Date to the Executive’s other peer executives of the Company and its affiliated companiessubsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Us Foodservice/Md/)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time tune during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies.

Appears in 1 contract

Samples: Employment Agreement (Nevada Chemicals Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any from time to time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Heilig Meyers Co)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies, and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiescompanies at any time after the Effective Date.

Appears in 1 contract

Samples: Change of Control Agreement (Morrison Restaurants Inc/)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate in for participation in, and shall receive all benefits under all under, welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Entities (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Entities, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Entities.

Appears in 1 contract

Samples: Change in Control Continuity Agreement (Sun Bancorp Inc /Nj/)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies Affiliates (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s peer other similarly-situated executives of the Company and its affiliated companiesAffiliates, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day 120‑day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s peer other similarly-situated executives of the Company and its affiliated companiesAffiliates.

Appears in 1 contract

Samples: Change of Control Agreement (Eaton Corp PLC)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent generally applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, or if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Tupperware Corp)

Welfare Benefit Plans. During the Employment TermEmploy ment Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, prac tices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but provided that after the Effective Date in no event shall such plans, practices, policies and programs and arrangements provide pro vide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated af filiated companies.

Appears in 1 contract

Samples: Employment Agreement (James River Corp of Virginia)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but but, after the Effective Date, in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Fort James Corp)

Welfare Benefit Plans. During the Employment Term--------------------- Period, the Executive Officer and/or the Executive’s Officer's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive Officer with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive Officer at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the ExecutiveOfficer, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Basin Exploration Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate eligiblefor participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Strattec Security Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the --------------------- Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, programs practices, policies and arrangements pro- grams provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Employment and Severance Agreement (Sensient Technologies Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiescompanies at any time after the Effective Date.

Appears in 1 contract

Samples: Change of Control Agreement (Delchamps Inc)

Welfare Benefit Plans. During the --------------------- Employment TermPeriod, the Executive Officer and/or the Executive’s Officer's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive Officer with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive Officer at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the ExecutiveOfficer, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Basin Exploration Inc)

Welfare Benefit Plans. During the Employment Term--------------------- Period, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, vision, disability, employee split dollar life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change in Control Employment Agreement (Carramerica Realty Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies.

Appears in 1 contract

Samples: Key Employee Change of Control Contract (Unit Corp)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Mdu Resources Group Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescriptionprescription drugs, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Clorox Co /De/)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Agreement (Weatherford Enterra Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s peer other similarly-situated executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day 120‑day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s peer other similarly-situated executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Agreement (Eaton Corp PLC)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable fa- vorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies.

Appears in 1 contract

Samples: Employment Agreement (Bea Systems Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel travel, accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Executive Employment Agreement (Johnson Controls Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies the Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120180-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesthe Affiliated Companies; .

Appears in 1 contract

Samples: Transition and Succession Agreement (Mylan Laboratories Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but provided that after the Effective Date in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Star Banc Corp /Oh/)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s 's family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any from time to time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Heilig Meyers Co)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies, and programs and arrangements provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, salary continuance, employee life, group life, accidental death death, and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies, and programs and arrangements provide the Executive with welfare benefits that which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies, and programs and arrangements as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Unova Inc)

Welfare Benefit Plans. During the Employment TermPeriod, the Executive and/or the Executive’s family, as the case may be, shall be eligible to participate for participation in and shall receive all benefits under all welfare benefit plans, practices, policies and programs and arrangements provided by the Company and its affiliated companies Affiliated Companies (including, without limitation, medical, prescription, dental, disability, employee salary continuance, life, group life, accidental death and travel accident insurance plans, programs plans and arrangementsprograms) to the extent applicable generally to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies, but in no event shall such plans, practices, policies and programs and arrangements provide the Executive with welfare benefits that are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs and arrangements as in effect for the Executive at any time during the 12090-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to the Executive’s other peer executives of the Company and its affiliated companiesAffiliated Companies.

Appears in 1 contract

Samples: Change of Control Agreement (Puget Sound Energy Inc)

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