Common use of Participation in Severance Plan Clause in Contracts

Participation in Severance Plan. Executive shall have the opportunity to participate in the Company’s Severance Plan for Management Employees dated October 25, 2018, and as amended (the “Severance Plan”) according to its terms and conditions. Executive’s eligibility to receive any severance payments shall be exclusively governed by the terms and conditions of the Severance Plan.

Appears in 2 contracts

Sources: Executive Employment Agreement (Flexsteel Industries Inc), Executive Employment Agreement (Flexsteel Industries Inc)