Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Payment of all premiums for coverage for Executive and his dependent family members under health, hospitalization, disability, dental, life and other insurance plans that the Company may have in effect from time to time, benefits provided to Executive under this clause (i) to be at least equal to such benefits provided to Metals executives.
(ii) Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Executive in the performance of his services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with the Company's expense reporting policy.
(iii) The Company shall provide Executive with other executive perquisites as may be available to or deemed appropriate for Executive by the Board and participation in all other Company-wide employee benefits as are available from time to time.
Executive Perquisites, Benefits and Other Compensation. Employee shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Payment for coverage for Employee and his dependent family members under health, hospitalization, disability, dental, life and other insurance plans in accordance with terms and conditions of the Company's current benefit plans as same may be modified from time to time, and not less favorable than the benefits provided to other Company executives.
(ii) Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Employee in the performance of his services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Employee upon submission of any request for reimbursement, and in a format and manner consistent with the Company's expense reporting policy.
(iii) Three (3) weeks paid vacation for each year during the period of employment or such greater amount as may be afforded officers and key employees generally under the Company's policies in effect from time to time (prorated for any year in which Employee is employed for less than the full year).
(iv) An automobile allowance in the amount of $500.00 per month.
(v) The Company shall provide Employee with other executive perquisites as may be available to or deemed appropriate for Employee by the Board and participation in all other Company-wide employee benefits as available from time to time.
(vi) Participation in the Company's 401(k) Plan and Non-Qualified Plan.
(vii) The Company shall reimburse Employee up to $4,000.00 per year for expenditures on health costs (excluding insurance premiums paid by the Company in accordance with Section 2(c)(i) above), insurance, financial planning or tax planning benefits (or similar benefits, or such other benefits at the discretion of the Company) or club dues, all as selected by Employee.
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Admittance for participation for Executive and Executive's dependent family members under health, hospitalization, disability, dental, life and other insurance plans that the Company may have in effect from time to time.
(ii) Payment of all premiums for coverage for Executive and Executive's dependent family members under health, hospitalization, disability, dental, life and other insurance plans that the Company may have in effect from time to time, provided benefits provided to Executive under this clause (b)(ii) shall be at least equal to such benefits provided to Pentacon executives.
(iii) Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Executive in the performance of his services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with the Company's expense reporting policy.
(iv) The Company shall provide Executive with other executive perquisites as may be available to or deemed appropriate for Executive by the Board and participation in all other company-wide employee benefits as are available from time to time to all Pentacon subsidiaries. In the event the Company adopts a bonus program, the Executive will be entitled to participate to the same extent as other executives of the Company.
Executive Perquisites, Benefits and Other Compensation. Employee shall be entitled to receive additional benefits and compensation from Employer in such form and to such extent as specified below:
(i) Payment of all premiums for coverage for Employee and Employee's dependent family members under health, hospitalization, disability, dental, life and other insurance plans that Employer may have in effect from time to time.
(ii) Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Employee in the performance of Employee's services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Employee upon submission of any request for reimbursement, and in a format and manner consistent with Employer's expense reporting policy.
(iii) Employer shall provide Employee with other executive perquisites as may be available to or deemed appropriate for Employee by the Board and participation in all other Employer-wide employee benefits as available from time to time. Without limitation of the foregoing, to the extent Employer affords a car allowance to its executive officers or executive officers of its subsidiaries, Employee shall be afforded a similar car allowance.
(iv) Four (4) weeks paid vacation per year.
(v) In consideration for 50,000 shares of Restricted Stock granted on the date of execution of this Agreement and vesting on February 28, 2004, Employee waives and releases all rights he may have under Section 13(f)(iii) of the First Amendment.
Executive Perquisites, Benefits and Other Compensation. During the Employment Term (as defined in Section 3 below), Executive shall be entitled to receive additional benefits and compensation from First Charter in such form and to such extent as specified below:
i. Payment of all or a portion of premiums for coverage for Executive and his dependent family members under health, hospitalization, disability, dental, life and other insurance plans that First Charter may have in effect from time to time. Benefits provided to Executive under this Section 2.c.i. will require Executive to pay the same proportion of premiums for, and shall provide benefits at least equal to, the benefits then provided to First Charter's other executive employees.
ii. Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Executive in the performance of his services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with First Charter's expense reporting policy.
iii. First Charter shall provide Executive with other employee perquisites as may be available to or deemed appropriate for Executive by the Board and participation in all other company-wide employee benefits, including but not limited to, any qualified and/or nonqualified retirements plans sponsored by First Charter, as such are available from time to time. Such current additional perquisites are listed on Schedule A, which is attached hereto and incorporated herein, and may be amended from time to time in the discretion of the Board.
iv. Schedule B, which is attached hereto and incorporated herein, lists those other supplemental benefits in which Executive is currently entitled to participate, and may be amended from time to time with the consent of the parties.
Executive Perquisites, Benefits and Other Compensation. Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:
(i) Executive shall be reimbursed for all business travel and other out-of-pocket expenses (including those costs to maintain any professional certifications held or obtained by Executive) reasonably incurred by Executive in the performance of his duties pursuant to this Agreement and in accordance with AmPaM's policy for its similarly situated executives. All such expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with AmPaM's expense reporting policy.
(ii) Executive shall be entitled to participate in all incentive compensation plans and to receive all fringe benefits and prerequisites offered by the Company or AmPaM to any of the Company's or the AmPaM Companies' similarly situated executives, including, without limitation, participation in the various employee benefit plans or programs provided to the employees of the Company or the AmPaM Companies in general, subject to the regular eligibility requirements with respect to each such benefit plans or programs.
(iii) The Company shall provide Executive with such other perquisites as may be deemed appropriate for Executive by the AmPaM Board during the term of this Agreement, all on a basis as favorable to Executive as may be provided or offered to other similarly situated executives of the AmPaM Companies.
Executive Perquisites, Benefits and Other Compensation. Employee shall be entitled to receive additional benefits and compensation from Cotelligent in such form and to such extent as specified below:
(1) Participation for Employee in coverage for Employee and his dependent family members under health, hospitalization, disability, dental, life and other insurance plans that Cotelligent may have in effect from time to time, benefits provided to Employee under this clause (1) to be at least equal to such benefits provided to Cotelligent executives.
(2) Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Employee in the performance of his services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Employee upon submission of any request for reimbursement, and in a format and manner consistent with Cotelligent's expense reporting policy.
(3) Four (4) weeks paid vacation for each year during the period of employment ending on the anniversary of the date on which the period of employment commenced (pro rated for any year in which Employee is employed for less than a full year).
(4) Cotelligent shall reimburse Employee $500 per month for expenses incurred in connection with the leasing or acquisition of an automobile.
(5) Cotelligent shall provide Employee with other executive perquisites as may be available to or deemed appropriate for Employee by the Board and participation in all other Cotelligent-wide employee benefits as available from time to time.
Executive Perquisites, Benefits and Other Compensation. Employee shall be entitled to receive additional benefits from the Company in such form and to such extent as determined by the Company. Such benefits shall be established concurrently with the execution of this Agreement and shall remain in place during the term of this Agreement, unless otherwise agreed to in writing by the Company and Employee.
Executive Perquisites, Benefits and Other Compensation. Employee shall be entitled to receive additional benefits and compensation from TSI in such form and to such extent as specified below:
(i) Payment of all premiums for coverage for Employee and Employee's dependent family members under health, hospitalization, disability, dental, life and other insurance plans that TSI may have in effect from time to time. Reimbursement for COBRA payments for coverage for Employee and Employee's dependent family members in the event that TSI is unable to provide insurance coverage at the Effective Date.
(ii) Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Employee in the performance of Employee's services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Employee upon submission of any request for reimbursement, and in a format and manner consistent with TSI's expense reporting policy.
(iii) TSI shall provide Employee with other executive perquisites as may be available to senior management of TSI and participation in all other TSI-wide employee benefits as available from time to time, including vacation benefits in accordance with TSI's established policies.
