Employee Benefits Clause Examples

Section 4.15(a) of the Disclosure Schedule includes a list of all Benefit Plans.

During the Employment Term, in addition to the other compensation and benefits described herein, the Executive shall be entitled to participate in all employee benefit plans, practices, and programs maintained by the Company, as in effect from time to time, including the Company's Non-Qualified Deferred Compensation Plan. The Company reserves the right to amend or terminate any Employee Benefit Plans at any time in its sole discretion, subject to the terms of such Employee Benefit Plan and applicable law.

The Company provides employee benefits in the form of a defined contribution plan and a defined benefit plan. The defined contribution plan is a Provident Fund administered by the Government of India, in which both the employees and the Company make monthly contributions. The Company has no further funding obligation beyond the contributions required under the Provident Fund.

Our employees are covered under various U.S. GE employee benefit plans, including GE's retirement plans (pension, retiree health and life insurance, and savings benefit plans) and active health and life insurance benefit plans.

All of our full-time employees and working partners, including our named executive officers, are eligible to participate in health and welfare plans maintained by Bioventus LLC, including: medical, dental and vision benefits; medical flexible spending accounts and health savings account; short-term and long-term disability insurance; basic life and accidental death & dismemberment insurance; and group accident, critical illness and hospital indemnity plans.

In addition to your salary, you will be eligible for all of Cerus' standard employee benefit plans which include employer subsidized medical, dental and vision premiums, long term disability, life insurance, a 401(k) plan, and, upon meeting eligibility requirements, participation in Cerus' Employee Stock Purchase Plan.

The Company has established a 401(k) retirement savings plan for eligible employees. All employees with at least twelve months of service and one thousand hours of service are eligible to participate in the plan, provided the employee is at least twenty-one years of age.

Employee shall be entitled to participate in all employee benefit programs as are conferred by Employer, from time to time, upon its other executive officers, including the right to participate in any health insurance program, profit sharing plan, pension plan, or other incentive program established by Employer.

As an independent contractor, Consultant will not be eligible to participate in any employee benefit plans, fringe benefit programs, group insurance arrangements or similar programs of the Company.