Charitable Giving. Life insurance is purchased in favor of a charity or an institution to replace the potential value of future contributions by the donor or purely as a gift. Most situations are reasonable and financially acceptable, but the insurable risk of loss to the institution should be closely related to the potential loss suffered by the charity and the donor’s personal insurance needs should be already taken care of. In order to establish insurable interest the underwriter will request evidence of a past and present affiliation with the institution showing an established pattern of giving or a pledge of future donations which may be outlined in a letter of agreement between the donor and the charity. Our preference is that the insured is the owner of the contract unless it’s a part of a tax advantaged planning situation and face amounts should normally be limited to around 10 times the annual contribution. If the policy is to be owned by the foundation or charity, letter of agreement between the institution and the applicant must be provided outlining the terms of the arrangement and the tax status of the charity or foundation. We will not participate in any arrangements where the source of the premium is a third party with no real ties to the insured or owner.
Charitable Giving. TopCo and Parent shall use reasonable best efforts to maintain the Company’s and WPZ’s historical charitable giving commitments as set forth in Section 5.17 of the Company Disclosure Letter.
Charitable Giving. For at least three years after the Effective Time, Parent shall cause the Surviving Corporation to continue to make charitable donations to the charities, and in amounts not less than the amounts, set forth in Schedule 6.15 to the Company Disclosure Letter.
Charitable Giving. The Surviving Corporation intends to maintain NCF's annual level of charitable giving in each of Tennessee and the other regions within the NCF footprint at levels no less than the amount of charitable contributions made in 2003, it being the intention of the Surviving Corporation to increase such giving in those areas over time in a manner equal to the growth in the Surviving Corporation's annual charitable giving in its other principal markets. Such intent shall survive the Effective Time as reflected in a formal resolution of the Board of Directors of the Surviving Corporation to be reflected in the minutes of the Surviving Corporation following the Merger.
Charitable Giving. Parent agrees to continue the Company’s annual level of charitable giving in the region currently served by the Company at current levels for a period of at least one (1) year following the Effective Time.
Charitable Giving. During each of the years in the five-year ----------------- period ending December 31, 2006, Parent shall make or cause to be made through one or more foundations annual aggregate monetary contributions to the Oregon Charities of no less than $1.0 million.
Charitable Giving. 2. The structure of the CWA, the names and titles of the officers, local contact name(s) and telephone number(s) and available hours. Additional Union related information will be provided to new employees by the local CWA separate from the new employee orientation process and on the employees’ own time. Additionally, a brochure defining the roles and responsibilities of the National CWA may be distributed during the orientation. The Company will determine the location of the above access and if the access will be group or individual presentations. Under normal conditions the Union local president or the xxxxxxx assigned closest to the location of the orientation will conduct the meeting. If the Union representative is a Company employee and conducts the meeting during their scheduled work time, it will be paid as Union Business with pay. The parties agree that this Memorandum of Agreement will remain in effect up to and including March 4, 2017, unless cancelled by either party with 30 days notice. MEMORANDUM OF AGREEMENT DRESS CODE GTE California Incorporated and the Communications Workers of America agree that the Company's public image is of vital importance both to the Company and its’ employees and is to a large degree based upon the appearance of the Company's employees. In meeting their responsibility for maintaining proper personal appearance, hygiene, and dress, employees will at all times be neat, clean, and well-groomed and exhibit a business-like appearance appropriate for their job assignments. A business-like appearance may include, but is not limited to, company provided clothing and/or uniforms. MEMORANDUM OF AGREEMENT FLEXIBLE REIMBURSEMENT PLAN (FRP) Verizon California Inc. agrees to continue the Flexible Reimbursement Plan (FRP). For all regular full time and regular part time employees, coverage under the Plan begins ninety (90) days from date of hire or the date which the employee enrolls, whichever is later. For a summary of details refer to the Flexible Reimbursement Plan Summary Plan Description (SPD). The FRP will be administered solely in accordance with its provisions, and no matter concerning the FRP or any difference arising thereunder shall be subject to the grievance or arbitration procedure of the Collective Bargaining Agreement. The selection of the FRP Administrator, the administration of the FRP and all the terms and conditions relating thereto, and the resolution of any disputes involving the terms, conditions, interpreta...
Charitable Giving. Once the HOOPP Stockholder has received in cash an Internal Rate of Return equal to 15% on a HOOPP Class B Preferred Unit (or portion thereof) (with respect to each HOOPP Class B Preferred Unit (or portion thereof), the “HOOPP IRR Hurdle”), the HOOPP Stockholder agrees to donate:
Charitable Giving. 2) The structure of the IBEW, the names and titles of the officers, local contact name(s) and telephone number(s) and available hours. Additional Union related information will be provided to new employees by the Local IBEW separate from the new employee orientation process and on the employees’ own time. Additionally, a brochure defining the roles and responsibilities of the National IBEW may be distributed during the orientation. The Company will determine the location of the above access and if the access will be group or individual presentations. Under normal conditions the Union local president or the xxxxxxx assigned closest to the location of the orientation will conduct the meeting. If the Union representative is a Company employee and conducts the meeting during their scheduled work time, it will be paid as Union Business with pay. The Company will notify the Local Union Business Manager of all new employees who are hired or transferred into IBEW local 543’s jurisdiction within five (5) business days of the employee reporting to their work location. The parties agree that this Memorandum of Agreement will remain in effect up to and including September 7, 2013 September 2, 2017 unless cancelled by either party with thirty (30) days notice. Verizon California Inc. IBEW Local Union No. 543 ________________________________ ________________________________ Xxxxxx Xxxxx Xxxxx Xxxxx Xx. Consultant – Labor Relations Business Manager ________________________________ ________________________________ Date Date MEMORANDUM OF AGREEMENT between VERIZON CALIFORNIA INC. and INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 543 DOMESTIC PARTNER BENEFITS Verizon California Inc. (“the Company)” and IBEW Local Union No. 543 (“the Union”) agree to extend benefits, as set forth below, to employees’ domestic partners and children of domestic partners.
Charitable Giving. 44 SECTION 6.13.
