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

Welfare, Pension and Incentive Benefit Plans. During the Term, the Executive shall be entitled to participate in all employee benefit plans, programs and arrangements made available to other CWMJV senior executives generally, including, without limitation, pension, income deferral, savings, 401 (k), and other retirement plans or programs, medical, dental, vision, prescription drug, hospitalization, short-term and long-term disability and life insurance plans and programs, accidental death and dismemberment protection, travel accident insurance, and any other employee benefit plan, program or arrangement that may from time to time be made available to other CWMJV senior executives generally, including any plans, programs or arrangements that supplement the above-listed types of plans, programs or arrangements, whether funded or unfunded, subject to the terms of the applicable plan documents and generally applicable CWMJV policies, in each case on terms and conditions that are no less favorable to him than those applying to other CWMJV senior executives generally. To the extent that post-retirement welfare and other benefits then exist, the Executive shall be entitled to post-retirement welfare and other benefits on terms and conditions that are no less favorable to him than those applying to other CWMJV senior executives generally. Nothing in this Section 6(f) shall be construed to require CWMJV to establish or maintain any particular employee or post-retirement benefit plan, program or arrangement except as expressly set forth elsewhere in this Agreement. CWMJV may, to the extent consistent with the foregoing, alter, modify, supplement or delete its employee and post-retirement benefit plans at any time as it sees fit without recourse by the Executive, subject to the terms of this Section 6(f).

Welfare, Pension and Incentive Benefit Plans. During the Term, the Executive shall be entitled to participate in all employee benefit plans, programs and arrangements made available to other CWMJV senior executives generally, including, without limitation, pension, income deferral, savings, 401 (k401(k), and other retirement plans or programs, medical, dental, vision, prescription drug, hospitalization, short-term and long-term disability and life insurance plans and programs, accidental death and dismemberment protection, travel accident insurance, and any other employee benefit plan, program or arrangement that may from time to time be made available to other CWMJV senior executives generally, including any plans, programs or arrangements that supplement the above-listed types of plans, programs or arrangements, whether funded or unfunded, subject to the terms of the applicable plan documents and generally applicable CWMJV policies, in each case on terms and conditions that are no less favorable to him than those applying to other CWMJV senior executives generally. To the extent that post-retirement welfare and other benefits then exist, the Executive shall be entitled to post-retirement welfare and other benefits on terms and conditions that are no less favorable to him than those applying to other CWMJV senior executives generally. Nothing in this Section 6(f) shall be construed to require CWMJV to establish or maintain any particular employee or post-retirement benefit plan, program or arrangement except as expressly set forth elsewhere in this Agreement. CWMJV may, to the extent consistent with the foregoing, alter, modify, supplement or delete its employee and post-retirement benefit plans at any time as it sees fit without recourse by the Executive, subject to the terms of this Section 6(f).

Welfare, Pension and Incentive Benefit Plans. During the Term, the Executive shall be entitled to participate in all employee benefit plans, programs and arrangements made available to other CWMJV senior executives generallyexecutives, including, without limitation, pension, income deferral, savings, 401 (k), and other retirement plans or programs, medical, dental, vision, prescription drug, hospitalization, short-term and long-term disability and life insurance plans and programs, accidental death and dismemberment protection, travel accident insurance, and any other employee benefit plan, program or arrangement that may from time to time be made available to other CWMJV senior executives generally, including any plans, programs or arrangements that supplement the above-listed types of plans, programs or arrangements, whether funded or unfunded, subject to the terms of the applicable plan documents and generally applicable CWMJV policies, in each case on terms and conditions that are no less favorable to him than those applying to other CWMJV senior executives generally. To the extent that post-retirement welfare and other benefits then exist, the Executive shall be entitled to post-retirement welfare and other benefits on terms and conditions that are no less favorable to him than those applying to other CWMJV senior executives generallyexecutives. Nothing in this Section 6(f) shall be construed to require CWMJV to establish or maintain any particular employee or post-retirement benefit plan, program or arrangement except as expressly set forth elsewhere in this Agreement. CWMJV may, to the extent consistent with the foregoing, alter, modify, supplement or delete its employee and post-retirement benefit plans at any time as it sees fit without recourse by the Executive, subject to the terms of this Section 6(f6(g).