Other Benefits Contract Clauses (465)

Other Benefits. The Executive shall be entitled to the following benefits (collectively, the "Benefits"): (a) The Executive shall be entitled to participate in all of the following incentive or benefit plans or arrangements presently in effect or hereafter adopted by the Company or its affiliates and to such other perquisites as are applicable to other senior executives of the Company of equal rank including, but not limited to any profit-sharing, pension, group medical, dental, disability and life insurance or... other similar benefit plans. (b) The Executive shall be entitled to paid vacation annually, in such amount as provided to other senior executives of the Company. View More

Other Benefits. (a) Bonuses. Executive will qualify to participate in the Company's incentive bonus program. The Executive's target bonus amount (the "Target Bonus"), tied to set performance goals and measures, is 40% of Executive's Base Salary; provided however, that the Company reserves the right to change or terminate any bonus program at any time in the Board's sole discretion. (b) Benefits Plans. Executive shall be entitled to participate in all health insurance, savings and retirement, and other benefit p...lans, if any, that are from time to time applicable to other employees of the Company. (c) Vacation and Personal Days. Executive shall be entitled to five (5) weeks of paid vacation time per year and three (3) paid personal days per year, in accordance with the plans, practices, policies, and programs agreed to by Company. Notwithstanding the foregoing, Executive shall be entitled to two (2) paid personal days in 2016. (d) Expense Reimbursement. Executive shall be entitled to receive reimbursement for all reasonable employment-related expenses incurred by Executive upon the receipt by the Company of an accounting in accordance with practices, policies and procedures applicable to other employees of the Company. (e) Equity Grant. On the Effective Date, Executive will receive an inducement grant in the form of an option on 140,000 shares of the Company's common stock (the "Option") which shall not be granted pursuant to the Recro Pharma, Inc. Amended and Restated Equity Incentive Plan (the "Plan"). The Option shall be subject to the following: (i) One forty-eighth of the Option shall vest on each monthly anniversary of the Effective Date, provided that Executive is still employed on such date. (ii) If Executive's employment is terminated under circumstances described in Section 10(a)(iii) within the period that ends twelve months after a Change of Control (as defined in the Plan) or in Section 10(a)(v), the Option, to the extent not already vested as a result of the Change of Control, shall be vested in full. (iii) The term of the Option shall be ten years. In addition to the Option, Executive shall be eligible for a regular annual option grant (with such eligibility determined on the same basis as other senior executives, in the discretion of the Board) for other grants under the Plan, or any other equity or long-term incentive plan adopted by the Company. The terms of any such grants shall be determined in the discretion of the Board. All stock options granted to Executive shall be incentive stock options to the fullest extent permitted by law. View More

Other Benefits. (a) Automobile. The Employee shall be entitled to a cash allowance in the amount of seven hundred and fifty ($750) dollars per month to be used for the purpose of maintaining an automobile for use in the business of the Employer. (b) Insurance Coverage and Employee Benefit Plans. The Employee shall be entitled to receive hospital, health, medical, and life insurance of a type currently provided to and enjoyed by other senior officers of the Employer, and shall be entitled to participate in any o...ther employee benefit, incentive or retirement plans offered by the Employer to its employees generally or to its senior management. (c) Expenses. The Employee shall be entitled to reimbursement for all proper business expenses incurred by him with respect to the business of the Employer upon the provision of documentation evidencing such expenses in accordance with the Employer's expense reimbursement policies and in the same manner and to the same extent as such expenses are reimbursed to other officers of the Employer. (d) Vacation. The Employee shall be entitled to vacations and other leave in accordance with the Employer's policy for senior executives. View More

Other Benefits. During the Employment Term: (a) Employee Benefits. Executive shall be eligible to participate in the various benefits offered by the Company on terms and conditions that are substantially comparable to the other senior executives of the Company, including the Company's group medical and dental plans, life and disability insurance and 401(k) plan. Benefits may be modified or changed from time to time at the sole discretion of the Company (but not in a manner discriminatory against Executive), and... the provision of such benefits to Executive in no way changes or impacts Executive's status as an at-will employee. The Company's present benefit structure and other important information about the benefits for which Executive may be eligible are described in the Company's benefits summary booklet and in the Company's employee handbook. Where a benefit is subject to a formal plan (for example, medical insurance or life insurance), eligibility to participate in and receive any particular benefit is governed solely by the applicable plan document. (b) Business Expenses. Upon submission of proper invoices in accordance with, and subject to, the Company's normal policies and procedures, Executive shall be entitled to receive prompt reimbursement of all reasonable out-of-pocket business, entertainment and travel expenses incurred by Executive in connection with the performance of Executive's duties hereunder. (c) Paid Time Off. Executive shall be entitled to participate in the Company's unlimited Personal Paid Time Off Policy. View More

Other Benefits. During the term of this agreement, the Companies shall provide to the Executive and his eligible dependents at the expense of the Companies individual or group medical, hospital, dental, and long-term disability insurance coverages and group life insurance coverage, in each case at least as favorable as those coverages which are provided to other senior executive officers of the Companies. During the term of this agreement, the Executive also shall be entitled to participate in such other benefi...t plans or programs which the Companies from time to time may make available to their employees generally (except, if applicable, any programs in which executive officers of CSGS are not eligible to participate because of securities law reasons). View More

Other Benefits. In addition to the compensation described in Paragraphs 3, 4 and 5, above, the Executive shall also be entitled to the following: (a) Participation in Benefit Plans. The Executive shall be entitled to participate in all of the various retirement, welfare, fringe benefit, perquisites and expense reimbursement plans, programs and arrangements of the Employer as may be in effect from time to time to the extent the Executive is eligible for participation under the terms of such plans, programs and a...rrangements, including, but not limited to non-qualified retirement programs and deferred compensation plans. Executive shall be reimbursed for reasonable professional fees incurred for financial and tax planning services, provided such reimbursements shall not exceed $20,000 per calendar year. (b) Vacation. The Executive shall be entitled to such number of days of vacation with pay during each calendar year during the period of employment in accordance with the Employer's applicable personnel policy as in effect from time to time. View More

Other Benefits. The Executive shall be entitled to the following benefits (collectively, the "Benefits"): (a) The Executive shall be entitled to participate in all of the following incentive or benefit plans or arrangements presently in effect or hereafter adopted by the Company or its applicable affiliates and to such other perquisites as are applicable to other senior executives of the Company of equal rank, including, but not limited to, any profit-sharing, pension, group medical, dental, disability and life... insurance or other similar benefit plans. (b) The Executive shall be entitled to six (6) weeks of paid vacation annually, subject to the terms of the Company's vacation policy. All accrued vacation days should be used in the year in which they are earned as the Company does not allow carryover of unused vacation days or provide for a cash payout in respect of such days upon a termination of employment. 2 (c) The Company will provide to the Executive an Executive Relocation support package including Company-provided services to assist the Executive with relocation of the Executive and her family from Australia to New York, as well as a one-time cash payment of $50,000 for relocation support and provide temporary housing for 11 months. View More

Other Benefits. During the Employment Period, the Executive shall be eligible to participate in all incentive, savings, retirement (401(k)), and welfare benefit plans, health, medical, dental, vision, life (including accidental death and dismemberment) and disability insurance plans (collectively, to the extent they exist, "Benefit Plans"), in substantially the same manner and at substantially the same levels as the Company makes such opportunities available to the Company's executive officers, provided however..., that the Company may not reduce the benefits provided to the Executive under these Benefits Plans without the Executive's written consent. View More

Other Benefits. The benefits provided under this Agreement shall, except to the extent otherwise specifically provided herein, be in addition to, and not in derogation or diminution of, any benefits that Executive or his beneficiary may be entitled to receive under any other plan or program now or hereafter maintained by the Company or TCF Subsidiaries.

Other Benefits. The Employee shall be entitled to receive the same health, disability and other benefits as are offered by the Company to all full-time employees from time to time. The Company, at its own expense, shall obtain, if available at commercially reasonable rates, officers' and directors' errors and omissions insurance in respect of Employee's tenure as an officer of the Company. In addition, the Company shall reimburse the employee for reasonable annual premiums associated a life insurance policy on ...Employee's life in the maximum benefit amount of $1,000,000 and for which benefit payments shall payable to the Employee's designated beneficiary. 6.2 Expenses. The Company will, upon substantiation thereof, reimburse Employee for all reasonable expenses of types authorized by the Board of Directors of the Company in the ordinary course of business and incurred by the Employee in connection with the Company's business affairs. The Employee must regularly submit, for approval by the Chairman of the Company, a statement of these expenses and will comply with such other accounting and reporting requirements as the Company may from time to time establish. If a business expense reimbursement is not exempt from Section 409A of the Code, any reimbursement in one calendar year shall not affect the amount that may be reimbursed in any other calendar 3 year and a reimbursement (or right thereto) may not be exchanged or liquidated for another benefit or payment. Any business expense reimbursements subject to Section 409A of the Code shall be made no later than the end of the calendar year following the calendar year in which such business expense is incurred by the Employee. 6.3 Car Allowance. The Employee shall receive a car allowance in the amount of $750 per month. View More