Death of an Sample Clauses

Death of an. When an employee dies in service, the immediate next of kin shall receive a cheque in the amount of two the Retirement Employees with fourteen (14) or more years of continuous who retire Carleton University and receive a pension from the Carleton Retirement Plan, shall be paid a retirement allowance equal to one week of pay for each year of continuous service to a maximum of fifteen (15). Effective July employees with thirteen (13) or more years of continuous employment who retire from Carleton University and receive a pension from the Carleton University Retirement Plan, shall be paid a retirement allowance equal to one week of pay for each year of continuous service to a maximum of fifteen (15). ARTICLE STAFF TRAINING, DEVELOPMENT AND CAREER PLANNING The Union and the Employer recognize the principle of human resource development and to this end the Employer commits to implement a Staff Training and Development Program. er The and the Union agree that there is a of interest in area. Employer agrees to consult with the Union to discuss training and development needs and proposed or contemplated programs. An employee may apply for financial assistance for courses directly related to job. Employees must make application on the proper form CUP-I and receive approval to take the course from the department head and the Personnel Department prior to registration. Upon successful completion of the course, the Employer will reimburse the employee for of the Permission for such courses will not be unreasonably withheld.
Sample 1
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Death of an. When a continuing dies in service. the individual who is designated as the beneficiary under the Group Life Insurance Plan shall receive a cheque in the amount of two months gross salary from the Employer. Should the employee have designated estate as the beneficiary, the next of kin shall receive the cheque.
Sample 1
Death of an. If an employee dies while the employ of the Employer, Estate or Beneficiary shall be provided with a cheque in the amount of five thousand dollars ($5000) within (48) hours of the Employer being advised of such death. This five thousand dollar ($5000) payment shall be deducted from the group life insurance coverage which Article This payment shall be to the Estate or Beneficiary upon the filing of a satisfactory release with the City Treasurer. It is mutually agreed that any and all accrued premium rate reductions realized by the Corporation during the term of this agreement rebate) will be applied to all benefits in this article. Part-time nurses shall receive Thirteen Percent (13%) lieu of fringe benefits. Part-time nurses hired prior to January shall have the option to convert to the percentage in lieu, as of January Effective April part-time nurses shall receive Fourteen (14%) percent lieu of fringe benefits. Dental Plan The Employer agrees to contribute, on behalf of each eligible employee covered by the collective agreement, percent of the billed premium under the Blue Cross No. Dental Plan based on the current Fee Schedule, as that schedule is amended during the life of this agreement.
Sample 1
Death of an. Owner Who Is not the Annuitant ------------------------------------------ If the Owner who is not the Annuitant dies before the Maturity Date and the Owner's surviving spouse is not the Joint Owner or the Owner's Beneficiary, the Owner's entire interest in this Contract must be distributed within five years of the date of the Owner's death, provided that the Owner's Beneficiary may elect to apply the death proceeds to a Payment Option not extending beyond the life (or life expectancy) of the Owner's Beneficiary and the payments begin within one year after the Owner's death. If the Owner's surviving spouse is a Joint Owner, the Contract will continue with the surviving Joint Owner becoming the sole Owner. If the Owner's Beneficiary is the surviving spouse, the surviving spouse may elect to continue the Contract as the new Owner as if no death had occurred. Death of an Annuitant Who Is not the Owner ------------------------------------------ If the Annuitant who is not the Owner dies before the Maturity Date and there is no Contingent Annuitant, then the Annuitant's Beneficiary must elect within 60 days of Our receipt of due proof of death to receive the death proceeds in a lump sum or elect to apply the death proceeds due under a Payment Option, provided that the payments begin within one year of the date of death of the Annuitant. If there is a Contingent Annuitant, the Contract will continue with the Contingent Annuitant becoming the new Annuitant. If the Annuitant dies before the Maturity Date and the Owner is not an individual, the entire interest in this contract must be distributed within five years of the date of the Annuitant's death. However, the Annuitant's Beneficiary may elect to apply the death proceeds to a Payment Option not extending beyond the life (or life expectancy) of such Annuitant's Beneficiary and the payments begin within one year after the Annuitant's death. If the Annuitant's Beneficiary is the surviving spouse, the surviving spouse may elect to continue the Contract as new Annuitant as if no death had occurred. We shall have the right to first require return of the contract to us so that we may amend it to reflect these changes. DEATH ON OR AFTER THE If either the Owner/Xxxxxxxxx, Annuitant, or MATURITY DATE Owner dies on or after the Maturity Date, any remaining income payments will be continued to the Annuitant's or Owner's Beneficiary respectively. Under Payment Option M, the sum of the number of remaining Annuity Units for ea...
Sample 1
Death of an. If an employee dies while in the employ of the Employer, Estate or Beneficiary shall be provided with a cheque in the amount of five thousand dollars ($5000) within (48) hours of the Employer being advised of such death. This five thousand dollar ($5000) payment shall be deducted from the group life insurance coverage which detailed Article This payment shall be made to the Estate or Beneficiary upon the filing of a satisfactory release with the City Treasurer. It is mutually agreed that any and all accrued premium rate reductions realized by the Corporation during the term of this agreement rebate) will be applied to all benefits this article. nurses shall receive Fourteen Percent (14%) lieu of fringe benefits. Part-time nurses hired prior to January shall have the option to convert to the percentage in lieu, as of January Dental Plan The Employer agrees to contribute, on behalf of each eligible employee covered by the collective agreement, under the Blue Cross No. Dental Plan based on the Term Disability Plan xxxx shall provide eligible full time salary after weeks (or days). The long disability entitlement shall be as per the insurance policy between the Employer and the Insurer, but shall include an annual increase in benefits of the lower of and the percentage change the Consumer Price Index. Normal pregnancy, self-inflicted injuries, war, riot and insurrection exclude a nurse to benefit entitlement, The premiums of a plan will be paid by the Employer. in the group life insurance policy. Xxxx leave payout will be in accordance with Article In the event of a dispute between the Insurance carrier and the nurse, the Employer will use its best efforts on behalf of the nurse. Previous Experience Nurses shall receive credit for previous related experience on the basis on one annual increment for each years of experience or its equivalent up to Level of the salary schedule which is the rate attainable at months of ARTICLE PAID HOLIDAYS Nurses shall receive the following holidays with pay: New Year's Day Civic Holiday Monday Labour Day Good Friday Easter Monday Victoria Day Day Thanksgiving D Remembrance Christmas Boxing Day *If the Federal declares another Statutory Holiday, then such date shall be a holiday and the third
Sample 1
Death of an. Owner who is not the Annuitant: If an Owner who is not the Annuitant dies before the Maturity Date, we will pay the Owner's Beneficiary the death proceeds (less any deferred premium tax) equal to the greater of:
Sample 1

Related to Death of an

  • Death of Annuitant If the natural Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.

  • Death of an Employee All rights to accident pay will cease on the death of an Employee.

  • Death of Owner If the Owner dies before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount as of the Notice Date. If the Owner dies before the sole surviving Annuitant and before the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceeds:

  • Death of the Participant The Advisory Committee will direct the Trustee, in accordance with this Section 6.01(C), to distribute to the Participant's Beneficiary the Participant's Nonforfeitable Accrued Benefit remaining in the Trust at the time of the Participant's death. Subject to the requirements of Section 6.04, the Advisory Committee will determine the death benefit by reducing the Participant's Nonforfeitable Accrued Benefit by any security interest the Plan has against that Nonforfeitable Accrued Benefit by reason of an outstanding Participant loan.

  • Death of Member Upon the death of the Member, the Company shall be dissolved. By separate written documentation, the Member shall designate and appoint the individual who will wind down the Company’s business and transfer or distribute the Member's Interests and Capital Account as designated by the Member or as may otherwise be required by law.

  • Death of Grantee If the Grantee shall die during the term of this Option, the Grantee's legal representative or representatives, or the person or persons entitled to do so under the Grantee's last will and testament or under applicable intestate laws, shall have the right to exercise this Option, but only for the number of shares as to which the Grantee was entitled to exercise this Option in accordance with Section 2 hereof on the date of his death, and such right shall expire and this Option shall terminate one (1) year after the date of the Grantee's death or on the expiration date of this Option, whichever date is sooner. In all other respects, this Option shall terminate upon such death.

  • Death of Optionee If the Optionee shall die while in the employ of the Company, Optionee's personal representative or the person entitled to Optionee's rights hereunder may at any time within six (6) months after the date of Optionee's death, or during the remaining term of this Option, whichever is the lesser, exercise this Option and purchase Shares to the extent, but only to the extent, that Optionee could have exercised this Option as of the date of Optionee's death; provided, in any case, that this Option may be so exercised only to the extent that this Option has not previously been exercised by Optionee.

  • Death of Participant Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

  • Death of Account Owner We may continue to honor all transfer orders, withdrawals, deposits, and other transactions on an account until we know of a member's death. Once we know of a member's death, we may pay checks or drafts or honor other payments or transfer orders authorized by the deceased member for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the checks, drafts, or other items. We may require anyone claiming a deceased owner's account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.

  • DEATH OF BENEFICIARY Unless otherwise provided in the Beneficiary designation, if any Beneficiary dies before the Owner, that Beneficiary's interest will go to any other primary Beneficiaries named, according to their respective interests. If there are no primary Beneficiaries, the Beneficiaries' interest will pass to a contingent Beneficiary, if any. Prior to the Annuity Commencement Date, if no Beneficiary or contingent Beneficiary survives the Owner, the Death Benefits will be paid to the Owner's estate. Unless otherwise provided in the Beneficiary designation, once a Beneficiary is receiving Death Benefits or annuity payments under an Annuity Payment Option, the Beneficiary may name his or her own Beneficiary to receive any remaining benefits due under the Contract, should the original Beneficiary die prior to receipt of all benefits. If no Beneficiary is named or the named Beneficiary predeceases the original Beneficiary, any remaining benefits will continue to the original Beneficiary's estate. A Beneficiary designation must be made by Notice to LNY.

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