INSURANCE AND RELATED BENEFITS Sample Clauses

INSURANCE AND RELATED BENEFITS. The Executive shall be entitled to participate in any Benefit Plans (including any medical expense insurance and health and accident insurance and travel insurance plans) of the Company enjoyed by or made available to other senior executive officers of the Company to the extent that the Executive qualifies under the eligibility provisions of any such plan, as presently in effect or as they may be modified from time to time. Any employment benefits provided to the Executive pursuant to this Agreement shall be governed by the applicable plan documents, insurance policies, and/or employment policies, and may be modified, suspended, revoked, or terminated in accordance with the terms of the applicable documents or policies without violating this Agreement.
AutoNDA by SimpleDocs
INSURANCE AND RELATED BENEFITS. Section 9.1 - Group Health, Life, Disability, and Dental Plans Package. A package consisting of group health, life, long-term disability, and dental coverage (hereinafter referred to as the "Group Health Package") providing coverage identical to the package of group health, life, long-term disability, and dental coverage insurance for staff and administrative employees of Xxxxxxxxxx College shall be made available to active and retired faculty members. The coverage available under the Group Health Package shall be that set forth in the group insurance contract between Xxxxxxxxxx College and the carrier providing the insurance, and/or the rules and regulations adopted by the provider of the coverage. The Group Health Package shall be governed in all aspects in accordance with the contract between Xxxxxxxxxx College and the carrier providing such insurance, and/or the rules and regulations adopted by the provider of the coverage. Faculty members who elect to be covered under the Group Health Package must participate in the entire Group Health Package or in accordance with such other option(s) as may be designated by the College. Effective as of January 1, 1998, and continuing for each plan year thereafter, Xxxxxxxxxx College shall pay, toward the annual premium cost of the option and coverage (individual or family) selected by the faculty member, 75% of the actual annual premium cost for the option and coverage selected by the faculty member. The participating faculty member shall pay the remainder of the annual premium cost for the coverage and option selected. If, during the term of this Agreement, Management contemplates changes in the Group Health Package in effect at such time, it will establish a committee consisting of administration, staff, and two
INSURANCE AND RELATED BENEFITS. SECTION 08.01
INSURANCE AND RELATED BENEFITS. The Company has the medical and other employee-related insurance policies and benefit plans listed in the attachment to Schedule 3.14. After the Closing, Buyer may cause the Company to continue some or all of these plans (other than the Plans described in Section 6.11(b)) or provide generally comparable coverage through plans made available by Buyer or an Affiliate of Buyer. Any former employees of Company that elected COBRA coverage and any employees of Company that are terminated on or before the Closing Date shall be entitled to COBRA coverage after the Closing Date under the Company's medical, dental and vision plans or, if those plans are terminated, through plans made available by Buyer or an Affiliate of Buyer.
INSURANCE AND RELATED BENEFITS. Health insurance, disability insurance, life insurance and other related benefits (collectively, "Insurance Benefits") made available by the Company to other executives of the Company shall be made available to the Executive. Upon termination of the Executive, regardless of the reason for termination, Insurance Benefits shall be continued for Executive at the expense of the Company for a period of no less than six months and for such additional period as may be required by applicable law at the expense of the Executive.
INSURANCE AND RELATED BENEFITS 
AutoNDA by SimpleDocs

Related to INSURANCE AND RELATED BENEFITS

  • Life Insurance Benefits A. During the life of this Agreement, the basic life insurance benefit made available to Faculty members shall be calculated as 3 times base annual earnings, rounded to the next highest $1,000, but not more than $225,000. A separate additional benefit up to the amount of the life insurance will be paid for accidental death and dismemberment, or loss of sight. The amount of Life and Accidental Death and Dismemberment/Loss of Sight benefits will be reduced to 65% at age 65, and further reduced (from the original insurance amount) as follows: to 50% at age 70, and 35% at age 75. Basic life insurance and AD&D benefits will be provided with no employee contributions.

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including reasonable attorneys' fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of a fire or other casualty affecting the Property or any part thereof) out of such Insurance Proceeds.

  • Insured Benefits A transferring employee will be covered by the benefit plans at the designated Employer. There will be no break in coverage and/or no waiting period prior to being able to receive benefits so long as the waiting period has already been served, subject to the requirements of the carrier.

  • ’ Compensation Insurance and Disability Benefits Requirements Sections 57 and 220 of the New York State Workers’ Compensation Law require the heads of all municipal and state entities to ensure that businesses applying for contracts have appropriate workers’ compensation and disability benefits insurance coverage. These requirements apply to both original contracts and renewals. Failure to provide proper proof of such coverage or a legal exemption will result in a rejection of any contract renewal. Proof of workers’ compensation and disability benefits coverage, or proof of exemption must be submitted to OGS at the time of policy renewal, contract renewal and upon request. Proof of compliance must be submitted on one of the following forms designated by the New York State Workers’ Compensation Board. An XXXXX form is not acceptable proof of New York State workers’ compensation or disability benefits insurance coverage. Proof of Compliance with Workers’ Compensation Coverage Requirements:

  • Life Insurance Upon Retirement 32.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00 payable to his estate upon his death.

  • Covered Benefits Benefits for Bone Mass Measurement for the prevention, diagnosis, and treatment of osteoporosis are covered when requested by a Health Care Provider for a Qualified Individual.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • HEALTH AND INSURANCE BENEFITS 22.01 All health and insurance benefit premium costs paid by the Employer shall prorate in accordance with the proration formula under Article 22.12 of this Agreement. Same sex spouse is eligible to be a dependent for insured benefits.

  • Group Insurance Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be paid or unpaid leave of absence contact the school district Employee Benefits Department.

Time is Money Join Law Insider Premium to draft better contracts faster.