CONTINUATION OF BENEFITS AFTER TERMINATION OF THE PLAN Sample Clauses

CONTINUATION OF BENEFITS AFTER TERMINATION OF THE PLAN. In the event of termination of the Plan while you are disabled, payments during the period of disability will continue to be paid as though the Plan remained in force. GENERAL PROVISIONS
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CONTINUATION OF BENEFITS AFTER TERMINATION OF THE PLAN. In the event of termination of the Plan while you are disabled, payments during the period of disability will continue to be paid as though the Plan remained in force. LETTER OF UNDERSTANDING PAY EQUITY B E T W E E N : REGIONAL MUNICIPALITY OF NIAGARA POLICE SERVICES BOARD and NIAGARA REGION POLICE ASSOCIATION The parties agree that the salary schedules in the Collective Agreement shall be updated to comply with the results of the pay equity process completed within the Service. The implementation of a pay equity process and the development of a routine maintenance plan is to be conducted by a joint Service Management/Association Committee. Issues arising out of the pay equity process are to be referred to the joint Committee. The parties shall use their best efforts to complete the pay equity process in accordance with the agreed upon timeline of June, 2007. The pay equity process will comply with Pay Equity Legislation. The pay equity process agreed upon by the joint Committee will not be amended except by a committee of similar composition. EXECUTED this day of , 2021 EXECUTED this _ day of , 2021 REGIONAL MUNICIPALITY OF NIAGARA NIAGARA REGION POLICE ASSOCIATION POLICE SERVICES BOARD
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CONTINUATION OF BENEFITS AFTER TERMINATION OF THE PLAN. In the event of termination of the Plan while you are disabled, payments during period of will continue to be paid as though the Plan remained in force. The Board will ensure no loss of annual leave for members who, on account of illness or injury. are absent from work. Such annual leave may be paid for by cheque or by rescheduling of the annual leave time at the member's option and one (1) week of the member's return, the member and the Chief of Police or designee shall agree upon when the vacation credit, statutory and float time shall be taken within the following
Sample 1
CONTINUATION OF BENEFITS AFTER TERMINATION OF THE PLAN. In the event of termination of the Plan while you are disabled, payments during the period of disability will continue to be paid as though the Plan remained in force. LETTER OF UNDERSTANDING SABBATICAL LEAVE PLAN BETWEEN: REGIONAL MUNICIPALITY OF NIAGARA POLICE SERVICES BOARD and NIAGARA REGION POLICE ASSOCIATION The Board has agreed in principle to the implementation of a sabbatical leave plan, provided there is no cost to the Service. The issue has been referred to a joint committee of the Board and the Association to work out the details of such a plan. Each party reserves the right to refer the matter back to a Board of Arbitration composed of Xxxxx Xxxxxxx, who shall have full jurisdiction to decide the matter and whose decision shall be final and binding on the parties. EXECUTED this _ day of , 2021 EXECUTED this _ day of , 2021 REGIONAL MUNICIPALITY OF NIAGARA NIAGARA REGION POLICE ASSOCIATION POLICE SERVICES BOARD
Sample 1
CONTINUATION OF BENEFITS AFTER TERMINATION OF THE PLAN. In the event of the Plan while you are disabled, payments during the period of disability will continue to paid as though the Plan remained in force. The Board will ensure no loss of annual leave for members who, account of illness or injury, are absent work. Such annual leave be paid for by cheque or by rescheduling of the annual leave time at the member’s option and within one (I) week of the member’s return, the member and the Chief of Police or designee shall agree upon when the vacation credit, statutory holidays and float shall he taken within the following (12) months, or in the alternative, the member elect to be paid for same at the current rates of pay. Members who, as a result of absence due to illness or injury. are unable to take vacation, statutory and/or float entitlenient by December of the year of entitlement, shall be paid by cheque for at the rates applicable. Members who have been on long term disability for (12) months or more shall not thereafter be entitled accrue annual or statutory leave for any of absence beyond the (12) months. In the year a member returns to duty he or she will receive leave entitlement for that year. The Board shall authorize sick leave entitlement for those members involved in Infertility Programs, subject to the member providing request and medical substantiation in advance. OF INTENT BETWEEN: REGIONAL BOARD OF COMMISSIONERS OF POLICE and THE POLICE ASSOCIATION RE: ACTING RANKS Acting Rank shall be distributed to qualified members on an equitable basis, subject to the exigencies of the Force. REGIONAL BOARD OF COMMISSIONERS OF POLICE POLICE ASSOCIATION Xxxxxxxx X. Xxxxxxx Xxxxxxxx Xxxxx
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Related to CONTINUATION OF BENEFITS AFTER TERMINATION OF THE PLAN

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

  • Cessation of Benefits An employee shall cease to be eligible for benefits of this Plan at the earliest of the following dates:

  • Continuation of Benefits Following the termination of Executive’s employment hereunder, the Executive shall have the right to continue in the Company’s group health insurance plan or other Company benefit program as may be required by COBRA or any other federal or state law or regulation.

  • Duration of Benefits Eligibility for Income Protection benefits will cease upon the earliest of the following dates:

  • Retention of Benefits Union leave under the following four (4) sections will be unpaid. The Employer will maintain regular pay and xxxx the Union for the costs of the employee’s salary and benefits. If the Union member is part-time or casual, and the leave is greater than their normal work hours, the Employer will pay the employee for the full length of the leave requested by the Union. The Employer will xxxx the Union for these days as noted above. The Union will pay these invoices within twenty-eight (28) days. Union leave is not unpaid leave for the purposes of Article 22.02 [i.e. such leave will not affect the employee’s benefits, seniority or increment anniversary date].

  • Compensation After Termination (i) If the Employment Period is terminated pursuant to Executive’s resignation without Good Reason, death or Incapacity, Executive shall only be entitled to receive his/her Base Salary through the date of termination and shall not be entitled to any other salary, bonus, compensation or benefits from the Company or its Subsidiaries, except as may be required by applicable law.

  • Limitation of Benefits (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any benefit, payment or distribution by the Company or any of its direct and/or indirect subsidiaries to or for the benefit of Employee (whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, but determined without regard to any additional payments required under this Section 18) (such benefits, payments or distributions are hereinafter referred to as “Payments”) would, if paid, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then, prior to the making of any Payments to Employee, a calculation shall be made comparing (i) the net after-tax benefit to Employee of the Payments after payment by Employee of the Excise Tax, to (ii) the net after-tax benefit to Employee if the Payments had been limited to the extent necessary to avoid being subject to the Excise Tax. If the amount calculated under (i) above is less than the amount calculated under (ii) above, then the Payments shall be limited to the extent necessary to avoid being subject to the Excise Tax (the “Reduced Amount”). The reduction of the Payments due hereunder, if applicable, shall be made by first reducing cash Payments and then, to the extent necessary, reducing those Payments having the next highest ratio of Parachute Value to actual present value of such Payments as of the date of the change of control, as determined by the Determination Firm (as defined in Section 18(b) below). For purposes of this Section 18, present value shall be determined in accordance with Section 280G(d)(4) of the Code. For purposes of this Section 18, the “Parachute Value” of a Payment means the present value as of the date of the change of control of the portion of such Payment that constitutes a “parachute payment” under Section 280G(b)(2) of the Code, as determined by the Determination Firm for purposes of determining whether and to what extent the Excise Tax will apply to such Payment.

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

  • Termination of 401(k) Plan If requested by Acquiror in writing at least five business days before the Closing Date, the Company shall terminate any and all 401(k) plans sponsored or maintained by the Company or any of its Subsidiaries, and prior to the Closing Date shall provide evidence to Acquiror of such termination pursuant to resolutions of its Board of Directors.

  • Termination of Plan The Sponsor may terminate the Plan and the Trust with respect to all Employers by executing and delivering to the Committee and the Trustee, a notice of termination, specifying the date of termination.

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