EMPLOYEE BENEFIT PROGRAM Sample Clauses

EMPLOYEE BENEFIT PROGRAM. (i) During the TERM, the EMPLOYEE shall be entitled to participate in all formally established employee benefit, bonus, pension and profit-sharing plans and similar programs that are maintained by the EMPLOYERS from time to time, including programs in respect of group health, disability or life insurance, reimbursement of membership fees in civic, social and professional organizations and all employee benefit plans or programs hereafter adopted in writing by the Boards of Directors of the EMPLOYERS, for which senior management personnel are eligible, including any employee stock ownership plan, stock option plan or other stock benefit plan (hereinafter collectively referred to as the "BENEFIT PLANS"). Notwithstanding the foregoing sentence, the EMPLOYERS may discontinue or terminate at any time any such BENEFIT PLANS, now existing or hereafter adopted, to the extent permitted by the terms of such plans and shall not be required to compensate the EMPLOYEE for such discontinuance or termination.
AutoNDA by SimpleDocs
EMPLOYEE BENEFIT PROGRAM. 3901 The parties agree that the Health Care Employees Benefit Plan sponsored dental plan will be on a 50-50 cost shared basis.
EMPLOYEE BENEFIT PROGRAM. (i) During the TERM, the EMPLOYEE shall be entitled to participate in all formally established employee benefit, bonus, pension and profit-sharing plans and similar programs that are maintained by the EMPLOYERS from time to time, including programs in respect of group health, disability or life insurance, and all employee benefit plans or programs hereafter adopted in writing by the Boards of Directors of the EMPLOYERS, for which senior management personnel are eligible, including any employee stock ownership plan, stock option plan or other stock benefit plan (hereinafter collectively referred to as the "BENEFIT PLANS"). Notwithstanding the foregoing sentence, the EMPLOYERS may discontinue or terminate at any time any such BENEFIT PLANS, now existing or hereafter adopted, to the extent permitted by the terms of such plans and shall not be required to compensate the EMPLOYEE for such discontinuance or termination.
EMPLOYEE BENEFIT PROGRAM. (SEE APPENDIX “B”)
EMPLOYEE BENEFIT PROGRAM. The Region will pay one hundred percent (100%) towards the cost of the following benefits outlined in Articles 23.01, 23.02, 23.03, 23.04, 23.05, 23.06, which shall not be changed for the duration of this Collective Agreement and which must be read subject to the conditions of the carriers.
EMPLOYEE BENEFIT PROGRAM. 18:01 The Company will pay 100% of the premium for the following benefits:
EMPLOYEE BENEFIT PROGRAM. 19.1 Defined contribution retirement programs (i.e., 401a and 457 deferred compensation plans) and a defined benefit retirement program (i.e., PERS) have been established by the Agency for all employees. Agency shall make no contribution to any retirement plan other than the PERS Plan. The employee’s share of the PERS contract payment shall be the percentage (8% as of January 1, 2017) of each employee’s reportable compensation as defined in the Public Employee Retirement Law (Government Code §20636) with Agency responsible for the balance as calculated by PERS. In addition to their PERS payment, each employee may make additional contributions to available deferred compensation plans.
AutoNDA by SimpleDocs
EMPLOYEE BENEFIT PROGRAM. ‌ 3901 Participation in the Extended Health Care Plan is mandatory unless the nurse provides proof of duplicate coverage. Permanent full-time and part-time nurses shall be eligible on the first (1st) of the month following three (3) months of continuous service. Part-time nurses must hold at least a point four (.4) effective full time position to be eligible. Contributions to the premiums are one hundred percent (100%) paid by the nurse. The Employer shall be entitled to deduct the premiums from the nurses pay. It shall be the exclusive function of the Employer to choose the insurance carrier. The Extended Health Care Plan will be fifty percent (50%) Employer paid and fifty percent (50%) paid by the nurse. 3902 Participation in the Dental Plan is mandatory unless the nurse provides proof of duplicate coverage. Permanent full-time and part-time nurses shall be eligible on the first (1st) of the month following three (3) months of continuous service. Part-time nurses must hold at least a point four (.4) effective full time position to be eligible. Contributions to the premiums are fifty percent (50%) Employer paid and fifty percent (50%) paid by the nurse. The Employer shall be entitled to deduct the premiums from the nurses’ pay. The dental fee guide will lag one (1) year behind the current prevailing year of the Manitoba Dental Association Schedule. It shall be the exclusive function of the Employer to choose the insurance carrier.
EMPLOYEE BENEFIT PROGRAM. During the TERM, the EMPLOYEE shall be entitled to participate in all formally established employee benefit, bonus, pension and profit-sharing plans and similar programs that are maintained by the EMPLOYER from time to time, and all employee benefit plans or programs hereafter adopted in writing by the Board of Directors of the EMPLOYER, for which senior management personnel are eligible, including any employee stock ownership plan, stock option plan or other stock benefit plan (hereinafter collectively referred to as the "BENEFIT PLANS") in accordance with the terms and conditions of such BENEFIT PLANS, including but not limited to satisfaction of any participation or vesting requirements. Notwithstanding any statement to the contrary contained elsewhere in this AGREEMENT, the EMPLOYER may discontinue or terminate at any time any such BENEFIT PLANS, now existing or hereafter adopted, to the extent permitted by the terms of such plans and shall not be required to compensate the EMPLOYEE for such discontinuance or termination.
EMPLOYEE BENEFIT PROGRAM a. The County’s self-funded program for medical/prescription drug plan coverage; and,
Time is Money Join Law Insider Premium to draft better contracts faster.