ACCRUAL SHALL BE LIMITED TO THE AMOUNT STATED IN THE CORPORATION'S POLICIES
CURRENTLY IN EFFECT, AS AMENDED FROM TIME TO TIME.
(C)
SICK LEAVE AND DISABILITY. MASKAL SHALL BE ENTITLED TO PARTICIPATE
IN SUCH COMPENSATED SICK LEAVE AND DISABILITY BENEFIT PROGRAMS AS ARE OFFERED TO
THE CORPORATION'S OTHER EXECUTIVE EMPLOYEES.
2
(D)
MEDICAL AND DENTAL INSURANCE. MASKAL, HER SPOUSE, AND HER
DEPENDENTS, SHALL BE ENTITLED TO PARTICIPATE IN SUCH MEDICAL AND DENTAL
INSURANCE PROGRAMS AS ARE PROVIDED TO THE CORPORATION'S OTHER EXECUTIVE
EMPLOYEES.
(E)
EXECUTIVE BENEFITS AND PERQUISITES. MASKAL SHALL BE ENTITLED TO
RECEIVE ALL OTHER EXECUTIVE BENEFITS AND PERQUISITES TO WHICH ALL OTHER
EXECUTIVE EMPLOYEES OF THE CORPORATION ARE ENTITLED.
(F)
AUTOMOBILE AND CELLULAR PHONE. THE CORPORATION AGREES TO PROVIDE
MASKAL WITH A MONTHLY AUTOMOBILE ALLOWANCE OF $833.33 AND TO PROVIDE FOR THE USE
BY MASKAL OF A CELLULAR TELEPHONE AT THE CORPORATION'S EXPENSE.
(G)
LIABILITY INSURANCE. THE CORPORATION AGREES TO INSURE MASKAL UNDER
THE APPROPRIATE LIABILITY INSURANCE POLICIES, IN ACCORDANCE WITH THE
CORPORATION'S POLICIES AND PROCEDURES, FOR ALL ACTS DONE BY HER WITHIN THE SCOPE
OF HER AUTHORITY IN GOOD FAITH AS EXECUTIVE VICE PRESIDENT OF SALES THROUGHOUT
THE TERM.
(H)
PROFESSIONAL MEETINGS AND CONFERENCES. MASKAL WILL BE PERMITTED TO
BE ABSENT FROM THE CORPORATION'S FACILITIES DURING WORKING DAYS TO ATTEND
PROFESSIONAL MEETINGS AND TO ATTEND TO SUCH OUTSIDE PROFESSIONAL DUTIES AS HAVE
BEEN MUTUALLY AGREED UPON BETWEEN HER AND THE CHIEF EXECUTIVE OFFICER OF THE
CORPORATION.
ATTENDANCE AT SUCH APPROVED MEETINGS AND ACCOMPLISHMENT OF
APPROVED PROFESSIONAL DUTIES SHALL BE FULLY COMPENSATED SERVICE TIME AND SHALL
NOT BE CONSIDERED VACATION TIME. THE CORPORATION SHALL REIMBURSE MASKAL FOR ALL
REASONABLE EXPENSES INCURRED BY HER INCIDENT TO ATTENDANCE AT APPROVED
PROFESSIONAL MEETINGS, AND SUCH REASONABLE ENTERTAINMENT EXPENSES INCURRED BY
MASKAL IN FURTHERANCE OF THE CORPORATION'S INTERESTS; PROVIDED, HOWEVER, THAT
SUCH REIMBURSEMENT IS APPROVED BY THE CHIEF EXECUTIVE OFFICER OF THE
CORPORATION.
(I)
PROFESSIONAL DUES. THE CORPORATION AGREES TO PAY DUES AND
EXPENSES TO PROFESSIONAL ASSOCIATIONS AND SOCIETIES AND TO SUCH COMMUNITY AND
SERVICE ORGANIZATIONS OF WHICH MASKAL IS A MEMBER PROVIDED SUCH DUES AND
EXPENSES ARE APPROVED BY THE CHIEF EXECUTIVE OFFICER AS BEING IN THE BEST
INTERESTS OF THE CORPORATION.
(J)
LIFE INSURANCE. THE CORPORATION SHALL PROVIDE MASKAL WITH LIFE
INSURANCE COVERAGE ON THE SAME TERMS AS SUCH COVERAGE IS PROVIDED TO ALL OTHER
EXECUTIVE EMPLOYEES OF THE CORPORATION.
(K)
BUSINESS EXPENSES. THE CORPORATION SHALL REIMBURSE MASKAL FOR
REASONABLE EXPENSES INCURRED BY THE EXECUTIVE VICE PRESIDENT OF SALES IN
CONNECTION WITH THE CONDUCT OF BUSINESS OF THE CORPORATION AND ITS SUBSIDIARIES
OR OTHER AFFILIATES.
7.
TERMINATION WITHOUT CAUSE.
(A)
BY THE CORPORATION. THE CORPORATION MAY, IN ITS DISCRETION,
TERMINATE MASKAL'S EMPLOYMENT HEREUNDER WITHOUT CAUSE AT ANY TIME UPON SIXTY
(60) DAYS PRIOR WRITTEN NOTICE OR AT SUCH LATER TIME AS MAY BE SPECIFIED IN SAID
NOTICE.
EXCEPT AS OTHERWISE PROVIDED IN THIS AGREEMENT, AFTER SUCH TERMINATION,
ALL RIGHTS, DUTIES AND OBLIGATIONS OF BOTH PARTIES SHALL CEASE.
3
(I)
UPON THE TERMINATION OF EMPLOYMENT PURSUANT TO SUBPARAGRAPH (A)