Employee Benefits Clause Example with 28 Variations from Business Contracts
This page contains Employee Benefits clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive shall be eligible to participate in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its employees generally, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided to hereunder. The Executive's participation will be subject to the terms of the applicable plan documents and generall...y applicable Company policies. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any time. (b) VACATIONS. During the Employment Term, the Executive shall be entitled to four (4) weeks of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. Vacation may be taken at such times and intervals as the Executive determines, subject to the business needs of the Company. (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive during the Employment Term and in connection with the performance of the Executive's duties hereunder.View More
Variations of a "Employee Benefits" Clause from Business Contracts
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive Employee shall be eligible entitled to participate in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its employees generally, senior executives, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits 2 otherwise provided to hereunder. The Executive's Employee's participation will be subject to the t...erms of the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company Employer may modify or terminate any employee benefit plan at any time. (b) VACATIONS. During the Employment Term, the Executive Employee shall be entitled to vacation in accordance with the Company's policy as in effect from time to time, but not less than four (4) weeks of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. years). Vacation may be taken at such times and intervals as the Executive Employee determines, subject to the business needs of the Company. (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive Employee shall be reimbursed in accordance with the Employer's and Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive Employee during the Employment Term and in connection with the performance of the Executive's Employee's duties hereunder. View More
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive Employee shall be eligible entitled to participate in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its employees generally, senior executives, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided to hereunder. The Executive's Employee's participation will be subject to the ter...ms of the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company Employer may modify or terminate any employee benefit plan at any time. 2 (b) VACATIONS. During the Employment Term, the Executive Employee shall be entitled to vacation in accordance with the Company's policy as in effect from time to time, but not less than four (4) weeks of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. years). Vacation may be taken at such times and intervals as the Executive Employee determines, subject to the business needs of the Company. (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive Employee shall be reimbursed in accordance with the Employer's and Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive Employee during the Employment Term and in connection with the performance of the Executive's Employee's duties hereunder. View More
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive shall be eligible entitled to participate in any employee benefit plan that the Company has adopted or may adopt, maintain adopt or contribute maintains or contributes to for the benefit of its employees generally, subject to satisfying the applicable eligibility requirements, and except to the extent such plans are duplicative of the benefits otherwise provided to hereunder. The Executive's participation will be subject to the terms o...f the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any time. (b) VACATIONS. During the Employment Term, the Executive shall be entitled to four (4) weeks of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. Vacation may be taken at such times and intervals as the Executive determines, subject to the business needs of the Company. (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as required by the Company's expense reimbursement policies, that the Company may specify modify from time to time, the Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive during the Employment Term and in connection with the performance of the Executive's duties hereunder. hereunder or otherwise incurred at the direction of the Company. (c) VACATION. The Executive shall be entitled to take vacation in accordance with the Company's policy then in effect. View More
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive shall be eligible to participate in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executive employees generally, subject to the terms and conditions of such employee benefit plans, including satisfying the applicable eligibility requirements, except to the extent that such plans are duplicative of the benefits otherwise provided to for hereunder. The Executi...ve's participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. policies, as may be in effect from time to time. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any time. (b) VACATIONS. BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by Executive during the Employment Term and in connection with the performance of Executive's duties hereunder, in accordance with the Company's policies with regard thereto. (c) PAID TIME OFF. During the Employment Term, the Executive shall be entitled to four (4) weeks 28 days of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company employees as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. Vacation may be taken at such times and intervals as the Executive determines, subject to the business needs of the Company. (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive during the Employment Term and in connection with the performance of the Executive's duties hereunder. time. View More
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive shall be eligible to participate in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executive employees generally, subject to the terms and conditions of such employee benefit plans, including satisfying the applicable eligibility requirements, except to the extent that such plans are duplicative of the benefits otherwise provided to for hereunder. The Executi...ve's participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. policies, as may be in effect from time to time. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any time. 2 (b) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by Executive during the Employment Term and in connection with the performance of Executive's duties hereunder, in accordance with the Company's policies with regard thereto. (c) VACATIONS. During the Employment Term, the Executive shall be entitled to four (4) weeks 20 days of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company employees as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. Vacation may be taken at such times and intervals as the Executive determines, subject to the business needs of the Company. (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive during the Employment Term and in connection with the performance of the Executive's duties hereunder. time. View More
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive shall be eligible to participate in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executive employees generally, subject to the terms and conditions of such employee benefit plans, including satisfying the applicable eligibility requirements, except to the extent that such plans are duplicative of the benefits otherwise provided to for hereunder. The Executi...ve's participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. policies, as may be in effect from time to time. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any time. (b) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by Executive during the Employment Term and in connection with the performance of Executive's duties hereunder, in accordance with the Company's policies with regard thereto. 2 (c) VACATIONS. During the Employment Term, the Executive shall be entitled to four (4) weeks 20 days of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company employees as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. Vacation may be taken at such times and intervals as the Executive determines, subject to the business needs of the Company. (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive during the Employment Term and in connection with the performance of the Executive's duties hereunder. time. View More
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive shall be eligible entitled to participate in any employee benefit plan plans that the Company has adopted maintains or may adopt, maintain or contribute contributes to for the benefit of its employees generally, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided to hereunder. The Executive's participation will be subject to the terms of the a...pplicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any time. time, according to the terms of such employee benefit plan. 2 (b) VACATIONS. During the Employment Term, the Executive shall be entitled to four (4) weeks of paid vacation per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company employees as in effect from time to time, without carryforward but in no event shall the Executive accrue less than four (4) weeks of unused vacation time from any per calendar year to (pro-rated for any future calendar year. Vacation may be taken at such times and intervals as the Executive determines, subject to the business needs partial year of the Company. service). (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business and entertainment expenses incurred and paid by the Executive during the Employment Term and in connection with the performance of the Executive's duties hereunder. View More
Employee Benefits. (a) BENEFIT PLANS. During the Employment Term, the Executive shall be eligible entitled to participate in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its employees generally, subject to satisfying the applicable eligibility requirements, except to the extent such plans are duplicative of the benefits otherwise provided to hereunder. The Executive's participation will be subject to the terms of the applicable plan documents and... generally applicable Company policies. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any time. (b) VACATIONS. PAID TIME OFF. During the Employment Term, the Executive shall be entitled to four (4) (4 weeks of paid vacation time off per calendar year (as prorated for partial years) in accordance with the Company's policy on accrual and use applicable to executives of the Company employees as in effect from time to time, without carryforward of unused vacation time from any calendar year to any future calendar year. Vacation may be taken at such times and intervals as the Executive determines, subject to the business needs of the Company. time. 2 (c) BUSINESS EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Executive shall be reimbursed in accordance with the Company's expense reimbursement policy, for all reasonable out-of-pocket business expenses incurred and paid by the Executive during the Employment Term and in connection with the performance of the Executive's duties hereunder. View More
