CHILDREN OF THE EXECUTIVE UNDER THE AGE OF 24 OF
PRIVATE MEDICAL, VISION AND DENTAL INSURANCE SCHEMES; AND
7.2.2
THE PREMIUMS NECESSARY TO PROVIDE THE EXECUTIVE
WITH PERMANENT HEALTH INSURANCE BY AN INSURANCE COMPANY CHOSEN BY THE COMPANY
DURING THE CONTINUANCE OF THE APPOINTMENT; AND
7.2.3
THE COST OF PROVIDING THE EXECUTIVE WITH LIFE
ASSURANCE COVER WHEREBY THE SUM ASSURED IS EQUAL TO FOUR TIMES THE AMOUNT OF THE
BASE SALARY AT THE TIME OF HIS DEATH OR, IF LESS, FOUR TIMES THE PERMITTED
MAXIMUM AS SPECIFIED FROM TIME TO TIME FOR THE PURPOSES OF SECTION 590C OF THE
INCOME AND CORPORATION TAXES ACT 1988.
7.3
IN RELATION TO THE INSURED BENEFITS REFERRED
TO IN CLAUSE 7.2 THE OBLIGATIONS OF THE COMPANY ARE LIMITED TO PAYING THE COSTS
OR PREMIUMS AS PROVIDED AND TO OPERATING THE RELEVANT SCHEME IN ACCORDANCE WITH
THE TERMS AND CONDITIONS OF ANY POLICY, RULES OR OTHER CONTRACT CONSTITUTING THE
SCHEME. THE COMPANY DOES NOT GUARANTEE THE EXECUTIVE PAYMENT OF BENEFITS UNDER
ANY SUCH SCHEME NOR WILL IT REIMBURSE THE EXECUTIVE IF THE RELEVANT SCHEME DOES
NOT MAKE ANY PAYMENT TO THE EXECUTIVE NOR WILL IT INDEMNIFY OR COMPENSATE THE
EXECUTIVE IN RESPECT OF ANY LOSS, WHICH THE EXECUTIVE MAY INCUR IN RELATION
THERETO.
7.4
THE EXECUTIVE SHALL BE ENTITLED TO A CAR
ALLOWANCE OF £850 PER MONTH SUBJECT TO SUCH DEDUCTIONS AS MAY BE REQUIRED BY
LAW.
7.5
THE COMPANY WILL PAY FOR THE EXECUTIVE TO
HAVE AN ANNUAL HEALTH CHECK.
6
7.6
IN RESPECT OF BUSINESS TRAVEL, THE EXECUTIVE
SHALL BE ENTITLED:
7.6.1
TO TRAVEL BY AIR ON BUSINESS CLASS AT ALL TIMES SAVE
WHEN THE EXECUTIVE IS REQUIRED TO FLY FOR MORE THAN 14 HOURS IN WHICH CASE HE
SHALL BE ENTITLED TO TRAVEL FIRST CLASS;
7.6.2
TO TRAVEL BY FIRST CLASS RAIL WITHIN THE UNITED KINGDOM; AND
7.6.3
TO MAINTAIN MEMBERSHIP FOR ACCESS TO TWO AIRLINE HOSPITALITY
LOUNGES.
7.7
THE COMPANY SHALL PROVIDE AND BEAR THE COSTS
OF ONE MOBILE TELEPHONE AND ONE MOBILE E-MAIL DEVICE FOR THE EXECUTIVE'S USE IN
CONNECTION WITH THE GROUP'S BUSINESS. THE MOBILE TELEPHONE AND MOBILE E-MAIL
DEVICE WILL REMAIN THE PROPERTY OF THE COMPANY AND MUST BE RETURNED ON THE
TERMINATION OF THE APPOINTMENT FOR WHATEVER REASON.
7.8
IN ADDITION TO ANY OTHER BENEFITS
SPECIFICALLY SET OUT HEREIN, THE EXECUTIVE SHALL ALSO BE ELIGIBLE TO PARTICIPATE
IN ALL OTHER EMPLOYEE BENEFIT PLANS AND PROGRAMS OFFERED BY THE COMPANY TO ITS
SENIOR EXECUTIVES GENERALLY, IN ACCORDANCE WITH THE TERMS OF THOSE PLANS AND
PROGRAMS, AND AS SUCH BENEFITS MAY BE AMENDED OR TERMINATED FROM TIME TO TIME BY
THE COMPANY.
7.9
THE EXECUTIVE WILL BE ENTITLED TO
REIMBURSEMENT OF:
7.9.1
THE MONTHLY MEMBERSHIP FEES;
7.9.2
ANY PERIODIC ASSESSMENTS; AND
7.9.3
ANY INITIATION FEES (PROVIDED THAT THE SAID
INITIATION FEES SHALL BE APPROVED BY THE BOARD AND THE EXECUTIVE SHALL NOT BE
ENTITLED TO THIS BENEFIT TO THE EXTENT PROVIDED BY THE COMPANY TO THE EXECUTIVE
AT ANY TIME PRIOR TO THE EXECUTION OF THIS AGREEMENT)
associated