Group Life Plan. (a) The Employer shall provide the Union with a minimum of 60 days' notice of any change of carrier providing Group Life coverage.
Group Life Plan. The Employer shall provide the Union with a minimum of sixty (60) days' notice of any change of carrier providing Group Life coverage. The Employer shall review annually with the Union the status of their Group Life Plan and any surpluses generated by the Plan experience shall be utilized to provide a premium holiday for both Employer and employees in accordance with current cost sharing of premiums unless other arrangements mutually satisfactory to the parties can be reached. SCHEDULE “E” (cont’d) Page 2 3. 1994-1996 Negotiations
Group Life Plan. The Employer agrees to pay one hundred percent (100%) of the premium of the existing Group Life Insurance Plan for Regular Full-Time Employees. The Plan provides a death benefit of two hundred percent (200%) of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of insurance is $1,000,000.
Group Life Plan. The Board and participating teachers will share 75% and 25% respectively in the premium cost of the BCTF/BCSTA group life plan “B”. Any premium contributed by the Board toward the total premiums payable under this policy for insurance on the life of a teacher, shall be deemed to be applied first to the full premium for the first $25,000 of insurance. The balance of the premium contributed by the Board (if any) shall be deemed to be applied to those amounts of insurance (if any) in excess of $25,000.
Group Life Plan. Roxio shall, until the Distribution Date (or such other date as Adaptec and Roxio may mutually agree), continue to be a Participating Company in any Adaptec group life insurance plan or arrangement.
Group Life Plan. The Corporation shall provide the Union with a minimum of sixty (60) calendar days’ notice of any change of carrier providing Group Life coverage. The Corporation shall review annually with the Union the status of their Group Life Plan and any surpluses generated by the Plan experience shall be utilized to provide a premium holiday for both the Corporation and employees in accordance with current cost sharing of premiums unless other arrangements mutually satisfactory to the parties can be reached. LETTER OF UNDERSTANDING between the E-COMM EMERGENCY COMMUNICATIONS FOR SOUTHWEST BRITISH COLUMBIA INCORPORATED (hereinafter called "the Corporation") and the CANADIAN UNION OF PUBLIC EMPLOYEES, LOCAL 873 (hereinafter called "the Union")
Group Life Plan. Participation in a group life assurance plan shall be a condition of employment for all new Employees engaged after January 1st 1963. The Board shall pay one hundred per centum (100%) of the premium cost. The Employment Insurance refund is to be used to reduce the premium cost.
Group Life Plan. SMS shall pay 100% of the premiums of the group life plan. All eligible employees must participate in the Plan. Each qualified employee is covered for $50,000 life insurance. Employees with dependents also have $5,000 dependent life coverage.
Group Life Plan. Group Life Plan," when immediately preceded by --------------- "Catalytica," collectively means the Catalytic Group Term Life Insurance Plan consisting of basic life and supplemental life plan. When immediately preceded by "CESI," "Group Life Plan" collectively means the group term life insurance plan to be established by CESI pursuant to Sections 2.2.
Group Life Plan. The Company agrees to implement and pay the premiums for dismemberment insurance and life insurance for actively working employees with seniority in the amount of $50,000. (The employee will stipulate the beneficiary.) Effective date of coverage will be the first day of the month following the month in which seniority status is achieved for all employees hired after date of ratification of agreement.
