Common use of Welfare, Pension and Incentive Benefit Plans Clause in Contracts

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 13 contracts

Samples: Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO)

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Welfare, Pension and Incentive Benefit Plans. During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 11 contracts

Samples: Employment Agreement (Star Mountain Resources, Inc.), Employment Agreement (Prospect Global Resources Inc.), Employment Agreement (Prospect Global Resources Inc.)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 8 contracts

Samples: Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time for the benefit of its senior executives executives, including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 6 contracts

Samples: Employment Agreement (Vantage Drilling International), Employment and Non Competition Agreement (Vantage Drilling International), Employment Agreement (Vantage Drilling International)

Welfare, Pension and Incentive Benefit Plans. During the Employment PeriodTerm, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programsprograms or the Company shall reimburse the Executive if he chooses to obtain his own insurance up to $1,500 per month. In addition, during the Employment PeriodTerm, the Executive shall be eligible to participate in all pensionpensions, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 4 contracts

Samples: Employment Agreement (Applied UV, Inc.), Employment Agreement (Healthcare Triangle, Inc.), Employment Agreement (Healthcare Triangle, Inc.)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, Executive (and his her eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time for the benefit of its senior executives executives, including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 2 contracts

Samples: Employment Agreement (Vantage Drilling International), Employment Agreement (Vantage Drilling International)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, Executive the Founder (and his her eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its senior executives executives, including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and dismemberment, travel accident and life insurance plans plans, programs and programsarrangements. In addition, during the Employment Period, Executive the Founder shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its senior executives, other than any equity-based incentive plans, severance plans, retention plans and any annual cash incentive plan.

Appears in 2 contracts

Samples: Employment Agreement (Martha Stewart Living Omnimedia Inc), Employment Agreement (Sequential Brands Group, Inc.)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its senior executives generally including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its senior executives, other than any annual cash incentive planexecutives generally.

Appears in 1 contract

Samples: Employment Agreement (Prospect Global Resources Inc.)

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Welfare, Pension and Incentive Benefit Plans. During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, provided the Executive is legally permitted to participate, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 1 contract

Samples: Employment Agreement (Retek Inc)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, the Executive (and his her eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 1 contract

Samples: Employment Agreement (Martha Stewart Living Omnimedia Inc)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, Executive (and his her eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time by the Company for the benefit of its senior executives, other than any annual cash incentive plan.

Appears in 1 contract

Samples: Employment Agreement (Vantage Drilling CO)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its senior executives, other than any annual cash incentive plan. It is understood by Executive that there are no such plans in place at this time.

Appears in 1 contract

Samples: Employment Agreement (Sanwire Corp)

Welfare, Pension and Incentive Benefit Plans. During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time-to-time to time for the benefit of its officers or senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time-to-time to time by the Company for the benefit of its officers or senior executives, other than any annual cash incentive plan.

Appears in 1 contract

Samples: Employment Agreement (Prospect Global Resources Inc.)

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