Common use of Group Life Plan Clause in Contracts

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

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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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"D" PART III

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Group Life Plan. The Employer Corporation shall provide the Union with a minimum of sixty (60) calendar days' notice of any change of carrier providing Group Life coverage. The Employer 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 Employer the Corporation 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.

Appears in 1 contract

Samples: Collective Agreement

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

Appears in 1 contract

Samples: Collective Agreement

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.

Appears in 1 contract

Samples: Collective Agreement

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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 NegotiationsC”

Appears in 1 contract

Samples: Collective Agreement

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’dcont'd) Page 2 3. 1994-1996 Negotiations2

Appears in 1 contract

Samples: Collective Agreement

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