Benefits Contract Clauses (2,077)

Grouped Into 97 Collections of Similar Clauses From Business Contracts

This page contains Benefits clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Benefits. You will be eligible to participate in any and all benefit programs that the Company establishes and makes available to its employees from time to time, provided you meet the specific eligibility criteria as set forth in (and subject to all provisions of) the plan documents governing those programs. The benefits made available by the Company, and the rules, terms and conditions for participation in such benefit plans, may be changed by the Company at any time and from time to time without advanc...e notice. 4. Vacation. You may be eligible for a maximum of 20 days of vacation per calendar year, subject to proration to your date of hire and to be taken at such times as may be approved by the Company. The number of vacation days for which you are eligible shall accrue at the rate of 6.15 hours per pay period that you are employed during such calendar year. View More
Benefits. You will be eligible to participate in any and all benefit programs that the Company establishes and makes available to its employees from time to time, provided you meet the specific eligibility criteria as set forth in (and subject to all provisions of) the plan documents governing those programs. The benefits made available by the Company, and the rules, terms and conditions for participation in such benefit plans, may be changed by the Company at any time and from time to time without advanc...e notice. 4. notice.5. Vacation. You may will be eligible for to accrue up to a maximum of 20 twenty-five (25) days of paid vacation per calendar year, subject to proration to your date of hire and year to be taken at such times as may be approved by the Company. The number of vacation days for which you are eligible shall accrue at the rate of 6.15 hours 2.08 days per pay period month that you are employed during such calendar year. year, and shall be subject to the Company's vacation policies and practices as in effect from time to time. View More
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Benefits. 4.1 Retirement, Welfare and Fringe Benefits. During the term hereof, the Executive shall be eligible to participate in all employee retirement and welfare benefit plans and programs, and fringe benefit plans and programs, made available by the Corporation to the Corporation's executive employees generally, in accordance with the terms of such plans and as such plans or programs may be in effect from time to time. 4.2 Reimbursement of Expenses. During the term hereof, the Executive shall be autho...rized to incur reasonable expenses to facilitate performance of his duties under this Agreement. The Executive shall be eligible for reimbursement of such expenses, subject to the Corporation's expense reimbursement policies. a Note to Draft - notwithstanding that the Effective Date is after the beginning of the second half of 2014, the Executive's bonus for the second half of 2014 will not be pro-rated. 3 4.3 Vacation and Other Leave. During the term hereof, the Executive's annual rate of Paid Time Off ("PTO") accrual shall be four (4) weeks per year; provided that such vacation shall accrue and be subject to the Corporation's vacation policies as in effect from time to time. The Executive shall also be eligible for all other holiday and leave pay generally available to other executives of the Corporation. 4.4 Indemnification. The Executive shall be provided indemnification, and coverage under the Corporation's D&O liability insurance policies, to the same extent as other executive officers of the Corporation. View More
Benefits. 4.1 Health, Retirement, Welfare and Fringe Benefits. During the term hereof, Term, the Executive shall be eligible to participate in all employee health, life and other insurance, retirement and welfare benefit plans and programs, bonus, and fringe benefit plans and programs, made available by the Corporation to the Corporation's executive employees generally, in accordance with the terms of such plans and as such plans or programs may be in effect from time to time. 4.2 Reimbursement of Expense...s. During the term hereof, Term, the Corporation shall reimburse Executive shall be authorized to incur for all customary and reasonable business expenses to facilitate incurred in the performance of his duties under this Agreement. The Executive shall be eligible for reimbursement of such expenses, subject Agreement and as an officer or director pursuant to the Corporation's expense reimbursement policies. a Note to Draft - notwithstanding that the Effective Date is after the beginning of the second half of 2014, the Executive's bonus for the second half of 2014 will not be pro-rated. 3 4.3 Vacation and Other Leave. During the term hereof, Term, the Executive's annual rate of Paid Time Off ("PTO") accrual shall be four (4) weeks per year; as set forth in the Corporation's PTO policies as in effect from time to time; provided that such vacation shall accrue and be subject to the Corporation's vacation policies as in effect from time to time. The Executive shall also be eligible for all other holiday and leave pay generally available to other executives of the Corporation. 4.4 Indemnification. The Executive shall be provided indemnification, and coverage under the Corporation's D&O and EPL liability insurance policies, to the same extent as other executive officers of the Corporation. policies. View More
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Benefits. (a) Benefits Generally Available to Unilife Employees. Walters shall be eligible to participate in Unilife's benefits programs (including any equity incentive plan of Unilife or its affiliates), as they may change from time to time. The benefits provided to Walters will be the same as the benefits provided to other similarly situated Unilife employees, and may be changed upon expiration or other termination of the current benefits contracts. For further information, Walters should review any app...licable benefit plan documents, which will govern the terms of the benefits. (b) Vacation. Walters shall also receive four (4) weeks of paid vacation per calendar year. Any unused vacation days may be carried over or paid in lieu thereof, to the extent allowed by Unilife's policy for similarly situated employees or at the CEO's discretion. (c) Equity Plans. Any stock options and other stock-based awards that Walters may receive from Unilife shall be governed by the applicable, underlying award agreement and the terms of the 2009 Stock Incentive Plan or any successor plan under which the award is granted. (d) Expenses. Unilife shall reimburse Walters for all reasonable and necessary expenses incurred by her in carrying out her duties under this agreement in accordance with Unilife's business expense policies, including without limitation, requirements with respect to reporting, documentation and payment of such expenses. All such expenses shall be paid promptly after submission in accordance with Unilife's polices, but no later than December 31'1 of the calendar year following the year in which such expenses were incurred. View More
Benefits. (a) Benefits Generally Available to Unilife Employees. Walters Hanson shall be eligible to participate in Unilife's benefits programs (including any equity incentive plan of Unilife or its affiliates), as they may change from time to time. The benefits provided to Walters Hanson will be the same as the benefits provided to other similarly situated Unilife employees, and may be changed upon expiration or other termination of the current benefits contracts. For further information, Walters Hanson ...should review any applicable benefit plan documents, which will govern the terms of the benefits. (b) Vacation. Walters Hanson shall also receive four (4) weeks of paid vacation per calendar year. Any unused vacation days may be carried over or paid in lieu thereof, to the extent allowed by Unilife's policy for similarly situated employees or at the CEO's discretion. employees. (c) Equity Plans. Any stock options and other stock-based awards that Walters Hanson may receive from Unilife shall be governed by the applicable, underlying award agreement and the terms of the 2009 Stock Incentive Plan or any successor plan under which the award is granted. (d) Expenses. Unilife shall reimburse Walters Hanson for all reasonable and necessary expenses incurred by her him in carrying out her his duties under this agreement in accordance with Unilife's business expense policies, including without limitation, requirements with respect to reporting, documentation and payment of such expenses. All such expenses shall be paid promptly after submission in accordance with Unilife's polices, but no later than December 31'1 31st of the calendar year following the year in which such expenses were incurred. View More
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Benefits. a. Vacation & Holidays. You will be eligible for four weeks of paid vacation each year and Company paid holidays consistent with the Company's vacation policy offered to other executive level employees of the Company. b. Other. You will be eligible to participate in such medical, retirement and other benefits as are approved by the Board and made available to other executive level employees of the Company. As is the case with all employee benefits, such benefits will be governed by the terms and... conditions of applicable plans or policies, which are subject to change or discontinuation at any time. View More
Benefits. a. Vacation & and Holidays. You will be eligible for four to accrue five weeks of paid vacation each year and take Company paid holidays consistent with the Company's vacation policy offered to other executive level employees of the Company. b. Other. You will be eligible to participate in such medical, retirement and other benefits as are approved by the Board and made available to other executive level employees of the Company. As is the case with all employee benefits, such benefits will be g...overned by the terms and conditions of applicable plans or policies, which are subject to change or discontinuation at any time. View More
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Benefits. You will be eligible to participate in such medical, retirement and other benefits as are approved by the Board. As is the case with all employee benefits, such benefits will be governed by the terms and conditions of applicable plans or policies, which are subject to change or discontinuation at any time.
Benefits. You will be eligible to participate in such medical, retirement and other benefits as are approved by provided to all other executives of the Board. company. As is the case with all employee benefits, such benefits will be governed by the terms and conditions of applicable plans or policies, which are subject to change or discontinuation at any time.
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Benefits. (a) Benefit Programs. The Executive shall be eligible to participate in any plans, programs or forms of compensation or benefits that the Company or the Company's subsidiaries provide to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical, disability and life insurance, paid time-off, and retirement plan, subject to the terms and conditions of such plans, programs or forms of... compensation or benefits. (b) Paid Time-Off. The Executive shall be entitled to five weeks of paid time-off annually, to be accrued and used in accordance with the normal Company paid time-off policy. View More
Benefits. (a) Benefit Programs. The Except as otherwise set forth above, the Executive shall be eligible to participate in any plans, programs or forms of compensation or benefits that the Company or the Company's subsidiaries provide to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical, disability and life insurance, paid time-off, and retirement plan, subject to the terms and condi...tions of such plans, programs or forms of compensation or benefits. (b) Paid Time-Off. The Executive shall be entitled to five weeks of paid time-off annually, prorated for 2018 to reflect the Executive's interim status from the Effective Date through the end of the calendar year, to be accrued and used in accordance with the normal Company paid time-off policy. View More
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Benefits. Employee shall be entitled to those employee benefits which the Company from time to time generally make available to employees ("Benefits") pursuant to the terms and conditions of the Company's benefit plans and/or policies. The Benefits shall initially include, without limitation: a. Medical, dental, vision, and life and disability insurance and such other benefits as the Company may determine from time to time. b. Incentive, savings and retirement plans, practices, policies and programs appli...cable to Employees of the Company, including 401 (k). c. Paid vacation time in accordance with the plans, practices, policies and programs applicable to employees of the Company at four weeks for each calendar year. d. Monthly reimbursement of any country club and/or private club dues up to $1,000 per month (excluding initiation fees). View More
Benefits. Employee shall be entitled to those employee benefits which the Company from time to time generally make available to employees and/or Employees ("Benefits") pursuant to the terms and conditions of the Company's benefit plans and/or policies. The Benefits shall initially include, without limitation: a. Medical, dental, vision, and life and disability insurance and such other benefits as the Company may determine from time to time. b. Incentive, savings and retirement plans, practices, policies a...nd programs applicable to Employees of the Company, including 401 (k). c. 401(k), and stock matching. Paid vacation time in accordance with the plans, practices, policies and programs applicable to employees Employees of the Company at four weeks for each calendar year. d. Monthly reimbursement of any country club and/or private club dues up to $1,000 per month (excluding initiation fees). View More
Benefits. Employee shall be entitled to those employee benefits which the Company from time to time generally make available to employees ("Benefits") pursuant to the terms and conditions of the Company's benefit plans and/or policies. The Benefits shall initially include, without limitation: a. Medical, dental, vision, and life and disability insurance and such other benefits as the Company may determine from time to time. b. Incentive, savings and retirement plans, practices, policies and programs appli...cable to Employees of the Company, including 401 (k). 401(k). c. Paid vacation time in accordance with the plans, practices, policies and programs applicable to employees of the Company at four weeks twenty eight (28) days for each calendar year. d. Monthly reimbursement of any country club and/or private club dues up to $1,000 $500 per month (excluding initiation fees). View More
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Benefits. (a) Other Benefit Plans and Programs. In addition to the Base Salary and other compensation provided for in Section 3 above, the Executive shall be eligible to participate in such health and welfare benefit plans (including Executive's eligible dependents) and any qualified and/or non-qualified retirement plans of the Company as may be in effect from time to time; provided, however, that participation shall be subject to all of the terms and conditions of such plans, including, without limitatio...n, all waiting periods, eligibility requirements, vesting, contributions, exclusions and other similar conditions or limitations. Any and all benefits under any such plans shall also be payable, if applicable, in accordance with the underlying terms and 2 conditions of such plan document. Executive's participation in the foregoing plans and any perquisite programs will be on terms no less favorable than afforded to executives at the Executive's level, as in effect from time to time. The Company, however, shall have the right in its sole discretion to modify, amend or terminate such benefit plans and/or perquisite programs at any time except as otherwise provided pursuant to the terms of such plans or programs. The Company will reimburse the Executive for all reasonable business expenses incurred by Executive in the course of performing Executive's duties and responsibilities under this Agreement which are consistent with the Company's policies and procedures in effect from time to time. View More
Benefits. (a) Other Benefit Plans and Programs. In addition to the Base Salary and other compensation provided for in Section 3 and Section 4 above, the Executive shall be eligible to participate in such health and welfare benefit plans (including Executive's eligible dependents) and any qualified and/or non-qualified retirement plans of the Company Adtalem as may be in effect from time to time; provided, however, that participation shall be subject to all of the terms and conditions of such plans, includ...ing, without limitation, all waiting periods, eligibility requirements, vesting, contributions, exclusions and other similar conditions or limitations. Any and all benefits under any such plans shall also be payable, if applicable, in accordance with the underlying terms and 2 conditions of such plan document. Executive's participation in the foregoing plans and any perquisite programs will be on terms no less favorable than afforded to executives at the Executive's level, as in effect from time to time. The Company, Adtalem, however, shall have the right in its sole discretion to modify, amend or terminate such benefit plans and/or perquisite programs at any time except as otherwise provided pursuant to the terms of such plans or programs. The Company time. Adtalem will reimburse the Executive for all reasonable business expenses incurred by Executive in the course of performing Executive's duties and responsibilities under this Agreement which are consistent with the Company's Adtalem's policies and procedures in effect from time to time. View More
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Benefits. a) Employee Benefits. You are eligible to participate in any medical insurance plans, 401(k) plans, deferred compensation plans, life insurance plans, retirement or other employee benefit plans or fringe benefit plans or perquisites established by the Company for its employees which may become effective from time to time during your employment with the Company. b) Vacation. You are eligible to participate in the Company's Exempt Employees' Vacation Program. There is no prescribed annual vacation... allotment for exempt employees, meaning you will not accrue vacation. Vacation requests are subject to approval by your manager in accordance with the terms of the vacation policy. c) Sick Leave. You are eligible for paid sick leave in accordance with the terms of the Company's sick leave policy. You may take up to ten (10) paid sick days per calendar year, pro-rated for the remainder of this year. View More
Benefits. a) Employee Benefits. You are eligible to participate in any medical insurance plans, 401(k) plans, deferred compensation plans, life insurance plans, retirement or other employee benefit plans or fringe benefit plans or perquisites established by the Company Initials A.I Page 2 555 Broadway Street, Redwood City, CA 94063 for its employees which may become effective from time to time during your employment with the Company. b) Vacation. You are eligible to participate in the Company's Exempt Emp...loyees' Vacation Program. There is no prescribed annual vacation allotment for exempt employees, meaning you will not accrue vacation. Vacation requests are subject to approval by your manager in accordance with the terms of the vacation policy. c) Sick Leave. You are eligible for paid sick leave in accordance with the terms of the Company's sick leave policy. You may take up to ten (10) paid sick days per calendar year, pro-rated for the remainder of this year. View More
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Benefits. (a) The Executive shall be eligible to participate in any benefit plans or programs that the Bank provides to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical insurance and a deferred compensation plan. (b) The Bank will take the steps necessary to cause ownership of the vehicle that Executive is being provided by Middleburg Financial Corporation on the date of this Agreem...ent to be transferred to him. Executive shall also be provided a $600 monthly automobile allowance. Executive shall be responsible for all expenses related to the vehicle or any replacement thereof, including the cost of acquisition. (c) The Bank will pay for the Executive's base monthly dues at Farmington Country Club and Middleburg Tennis Club, for so long as it determines, in its discretion, that the Executive is using the Club for business purposes in a manner and with the frequency that the Bank deems appropriate. Any business expenses incurred at the Club shall be reimbursed in accordance with the Bank's policy concerning business expense reimbursement. 3 (d) The Bank will provide the Executive a monthly cellular telephone allowance in the amount of $100.00. (e) The Bank shall maintain group term life insurance for the Executive with coverage two times Executive's base salary, not to exceed a maximum coverage of $500,000, and provide a split dollar life insurance benefit of $200,000, while the Executive remains employed. View More
Benefits. (a) The Executive shall be eligible to participate in any benefit plans or programs that the Bank provides to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical insurance and a deferred compensation plan. (b) The Bank will take the steps necessary to cause ownership of the vehicle that Executive is being provided by Middleburg Financial Corporation on the date of this Agreem...ent to be transferred to him. Executive shall also be provided a $600 monthly automobile allowance. Executive shall be responsible for all expenses related to the vehicle or any replacement thereof, including the cost of acquisition. (c) The Bank will pay for the Executive's base monthly dues at Farmington Country Club and Middleburg Tennis Club, for so long as it determines, in its discretion, that the Executive is using the Club for business purposes in a manner and with the frequency that the Bank deems appropriate. Any business expenses incurred at the Club shall be reimbursed in accordance with the Bank's policy concerning business expense reimbursement. 3 (d) The Bank will provide the Executive a monthly cellular telephone allowance in the amount of $100.00. (e) (d) The Bank shall maintain group term life insurance for the Executive with coverage two times Executive's base salary, not to exceed a maximum coverage of $500,000, and provide a split dollar life insurance benefit of $200,000, while the Executive remains employed. View More
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