Benefits Contract Clauses (2,077)

Benefits. 5.1. The Executive shall be entitled to vacation time, holiday time, sick leave and other leave all in accordance with the Company's policy with respect to such matters. The parties understand that such benefits are beneficial to both the Company and the Executive and will not be abused. The Executive shall take his vacation at such reasonable time or times as shall be agreed upon by the Executive and the Company. Vacation time, holiday time, sick leave and other leave for any year may only accr...ue to future years or entitle the Executive to cash compensation for any such time not used in accordance with the Company's policy with respect to such matters. 5.2. During the term hereof: (i) The Company shall provide the Executive with such group health insurance, life insurance and disability insurance benefits as are provided to other executives of the Company from time to time during the term of this Agreement in accordance with the Company's policies with respect to such matters. (ii) The Executive shall be promptly reimbursed by the Company upon presentation of appropriate vouchers for all reasonable business expenses incurred by the Executive on behalf of the Company consistent with the Company's expense, travel and entertainment policies. View More

Benefits. (a) Paid Time Off. During the Term, for each calendar year starting with the calendar year 2020, the Executive shall be eligible to receive four (4) weeks of Paid Time Off ("PTO"), to be taken at such times as the Executive may select and the affairs of the Company may permit. The Executive's eligibility for PTO in current calendar year shall be prorated based on the Effective Date of this Agreement. Any accrued, but unused days may be carried over to the next calendar year. 3 (b) Employee Benef...it Programs. The Executive is entitled to participate in any pension, 401(k), health insurance, or other employee benefit plan that is maintained by the Company for its executives, including programs of life insurance and reimbursement of membership fees in professional organizations. The benefits provided to the Executive may not be less than the Company provides to any of its executive employees, and shall be subject to the terms and conditions of the applicable plan documents, as they may exist from time to time, subject to applicable law. View More

Benefits. (a) Vacation. Executive shall be entitled to three weeks per year of vacation, sick and personal time and to utilize such vacation as the Executive shall determine; provided however, that Executive shall evidence reasonable judgment with regard to appropriate vacation scheduling. (b) Health Insurance and Other Plans. Executive shall be eligible to participate in the Company's medical, dental and other employee benefit programs, if any, that are provided by the Company for its employees at Execut...ive's level in accordance with the provisions of any such plans, as the same may be in effect from time to time. View More

Benefits. Generally. You will be eligible to participate in the benefits to be offered by Pyxis on the same terms and conditions as it will make such benefits available to employees in positions similar to your position. The benefits are currently expected to include health insurance and such other benefits provided by similar companies of a similar stage, as approved by the Board. Expenses. Pyxis shall reimburse you for all reasonable business expenses incurred by you in the performance of your duties un...der this Letter, all in accordance with the Company's reimbursement policies. Terms. As is the case of all employee benefits, such benefits will be governed by the terms and conditions of applicable Pyxis plans or policies, which are subject to change or discontinuation at any time. View More

Benefits. You will be eligible to participate in regular health insurance and other employee benefit plans established by the Company for its employees from time to time, subject to the terms and conditions of such plans. The Company reserves the right to change or otherwise modify, in its sole discretion, the preceding terms of employment. You will be eligible for 21 days of paid time off each year. The Company currently has 9 paid holidays each year. Paid time-off may be taken in accordance with applica...ble Company policies which may be modified from time to time. View More

Benefits. Executive shall participate in all employee welfare and benefit plans and shall receive such other fringe benefits as the Company offers to its senior executives and directors. Until such time that the Company implements an employee health insurance plan, the Company agrees to reimburse Executive for all COBRA payments he makes to maintain health insurance coverage for himself and his family. In addition, Executive shall be entitled to a personal car allowance from the Company during the Engagem...ent Term of up to Six Hundred Fifty Dollars ($650) per month. View More

Benefits. You will be eligible to participate in the Company's standard benefit plans, which include medical, dental, vision, life, accidental death and dismemberment and short and long-term disability insurance coverage. You will also be able to utilize a Flexible Spending Arrangement that allows employees the opportunity to pay for certain dependent care and health care related costs with pretax dollars. Note that these plans for new employees are effective as of the first day of the calendar month foll...owing your employment start date and enrollment. Your eligibility and participation in these plans, is, of course, subject to the terns of the plans themselves. Additionally, ACADIA carries D&O insurance and as a Sr. Vice President you will be covered under this policy. View More

Benefits. You will be eligible for the Corporation's standard benefits, subject to the applicable terms and conditions of such plans. Please note that the Corporation may change benefits from time to time at its discretion.

Benefits. 4.1 Retirement and Other Benefit Plans Generally. Throughout the Contract Period while Executive is employed by SITE Centers, Executive will be entitled to participate in all retirement and other benefit plans maintained by SITE Centers that are generally available to its senior executives and with respect to which Executive is eligible pursuant to the terms of the underlying plan or plans, including, without limitation, the SITE Centers 401(k) plan for its employees and any SITE Centers deferre...d compensation program. 4.2 Insurance, Generally. Throughout the Contract Period while Executive is employed by SITE Centers, SITE Centers will provide an enrollment opportunity to Executive and Executive's eligible dependents for health, dental and vision insurance coverage, other insurance (e.g., life, disability, etc.) and any other health and welfare benefits maintained by SITE Centers from time to time, if any, during the Contract Period that are generally available to its senior executives and with respect to which Executive is eligible pursuant to the terms of the underlying plan or plans. To the extent that SITE Centers maintains officer insurance coverage, Executive shall be covered by such policy on terms no less favorable than provided to other officers. 4.3 Paid Time Off. Executive will be entitled to such periods of paid time off during the Contract Period while Executive is employed by SITE Centers as may be provided from time to time under any SITE Centers paid time off policy for senior executive officers. 3 4.4 Executive Insurance Policy. During the Contract Period while Executive is employed by SITE Centers, SITE Centers shall promptly (and, in any event, within thirty (30) days following receipt from Executive of written evidence of Executive's having made expenditures therefor) reimburse Executive (up to an aggregate maximum of $10,000 in any calendar year) for premiums paid by Executive for life, disability and/or similar insurance policies. View More

Benefits. (a) The Company agrees to reimburse the Executive for all reasonable and necessary travel, business entertainment and other business expenses incurred by the Executive in connection with the performance of his duties under this Agreement. Such reimbursements shall be made by the Company on a timely basis, but no later than sixty (60) days from the date such expenses are incurred, upon submission by the Executive of documentation in accordance with the policies and procedures established by the C...ompany from time to time. All such reimbursements shall be subject to reasonable limitations, which may from time to time be prescribed by the Board. The reimbursement policies, practices and procedures applicable to the Executive shall be the most favorable policies, practices and procedures of the Company relating to reimbursement of employment expenses incurred by Company directors, officers or employees in effect at any time during the twelve (12)-month period preceding the date the Executive incurs the expenses. The expense reimbursement or any in-kind benefits provided for any calendar year shall not affect the expenses eligible for reimbursement or any in-kind benefits provided in any other calendar year, and the Executive's right to expense reimbursement or in-kind benefits cannot be liquidated or exchanged for any other benefit. (b) The Executive shall be entitled to participate in any and all life insurance, medical insurance, hospitalization or disability insurance, health programs, retirement plans, fringe benefit programs and other benefit plans which are made generally available during the Employment Period by the Company to executives of the Company, including, but not limited to, the 2020 Plan (to the extent that the Executive is eligible under the terms of such plans or programs). The Company shall also make available to the Executive an annual car allowance and car maintenance and fuel allowance as determined by the Compensation Committee. Additionally, the Executive shall be entitled to receive annual paid vacation and paid holidays made available pursuant to Company policy to all of the executives of the Company. View More