INSURANCE FOR ACTIVE OFFICERS Sample Clauses

INSURANCE FOR ACTIVE OFFICERS. (CONTINUED)
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INSURANCE FOR ACTIVE OFFICERS. (CONTINUED) The Township will request that the PBM include at least one preferred brand name drug in each therapeutic group; that is, medications whose purpose is to treat a particular condition.
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INSURANCE FOR ACTIVE OFFICERS. (CONTINUED) “Step Therapy” requires the use of one product before another can be obtained. For certain drugs, a prior authorization may also be required to substantiate that continued use is medically necessary. The “Traditional Generic Step Therapy” program is a program whereby a non-preferred drug requires that a cost effective generic alternative is first prescribed and utilized prior to any single-source brand being covered and utilized. If a generic has not been tried in the look-back period determined by the PBM, a participant will be required to switch to a generic for certain medical condition’s drug classes. If participant is unable to remain on the generic medication his/her treating physician will have to provide documentation to substantiate that it is medically necessary for him/her to receive the brand medication.
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INSURANCE FOR ACTIVE OFFICERS. (CONTINUED) of the month in which the dependent can no longer student certify. It is the Officer’s responsibility to inform the Township if an adult dependent child is no longer able to certify student status, i.e., drops out of school, does not maintain 12 credited hours, graduates, etc. If the dependent is able to student certify, the dependent will remain eligible for the opt- out program to the last day of the month in which the dependent reaches age 23. If an employee’s dependent (ages 19 to 23rd birthday) is not able to student certify, the dependent will be terminated on the last calendar day of the month in which the dependent can no longer student certify. It is the Officer’s responsibility to inform the Township if an adult dependent child is no longer able to certify student status, i.e., drops out of school, does not maintain 12 credited hours, graduates, etc. Upon reaching age 26, dependents will be terminated from medical and prescription coverage.
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INSURANCE FOR ACTIVE OFFICERS. (CONTINUED) contribution for his/her elected medical plan in 2010 will be no more than 10% greater than the contribution for that respective medical plan in 2009. The Officer's contribution for his/her elected medical plan in 2011 will be no more than 20% greater than the contribution for that respective medical plan in 2009. The Officer's contribution for his/her elected medical plan in 2012 will be no more than 30% greater than the contribution for that respective medical plan in 2009.
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INSURANCE FOR ACTIVE OFFICERS. (CONTINUED) dependents may elect to receive any coverage to which they are entitled under this Agreement, in which case the other employee and other dependents must relinquish coverage otherwise provided by the Township to them in favor of the coverage provided through the Officer. Alternatively, the Officer can elect to receive medical benefits through the other employee as outlined:
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INSURANCE FOR ACTIVE OFFICERS. (CONTINUED) authorization which is established by the PBM. Increases in quantity limit amounts must be authorized by the employee’s physician and the PBM.
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INSURANCE FOR ACTIVE OFFICERS. (CONTINUED) paperwork. Such officer shall only receive a pro-rated reimbursement covering the number of months remaining in any given year so long as such officer has not been reenrolled in any health benefit program offered by the Township during the course of the year. It is not the responsibility of the Township to remind an Officer that the Officer will not be automatically re-enrolled.
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Related to INSURANCE FOR ACTIVE OFFICERS

  • Executive Officers The officers of the Trust shall be chosen by the Board of Trustees and shall include a chairman, president, a secretary and a treasurer. The Board of Trustees may, from time to time, elect or appoint a controller, one or more vice presidents, assistant secretaries, assistant treasurers, and assistant controllers. The Board of Trustees, at its discretion, may also appoint a Trustee as senior chairman of the Board of Trustees who shall perform and execute such executive and administrative duties and powers as the Board of Trustees shall from time to time prescribe. The same person may hold two or more offices, except that no person shall be both president and vice president and no officer shall execute, acknowledge or verify any instrument in more than one capacity, if such instrument is required by law, the Declaration of Trust or these By-Laws to be executed, acknowledged or verified by two or more officers.

  • Responsibility of Dual Directors, Officers and/or Employees If any person who is a manager, partner, officer or employee of the Adviser or the Administrator is or becomes a director, officer and/or employee of the Company and acts as such in any business of the Company, then such manager, partner, officer and/or employee of the Adviser or the Administrator shall be deemed to be acting in such capacity solely for the Company, and not as a manager, partner, officer or employee of the Adviser or the Administrator or under the control or direction of the Adviser or the Administrator, even if paid by the Adviser or the Administrator.

  • No Personal Liability of Directors, Officers, Employees and Stockholders No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any obligations of the Company under the Indenture or the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting any Note, each Holder waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

  • No Personal Liability of Directors, Officers, Employees and Shareholders No past, present or future director, officer, employee, incorporator or shareholder of the Company, as such, will have any liability for any obligations of the Company under the Indenture or the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting any Note, each Holder waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

  • No Personal Liability of Directors, Officers Employees, -------------------------------------------------------- Stockholders or Incorporators. No director, officer, employee, incorporator or ----------------------------- stockholder of the Company shall have any liability for any obligations of the Company under the Notes or this Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

  • President and Chief Executive Officer The president shall be the chief executive officer of the Trust, unless the Board of Trustees designates the chairman as chief executive officer. The chief executive officer shall see that all orders and resolutions of the Board of Trustees are carried into effect. The chief executive officer shall also be the chief administrative officer of the Trust and shall perform such other duties and have such other powers as the Board of Trustees may from time to time prescribe.

  • Resignation from Directorships and Officerships The termination of the Executive’s employment for any reason will constitute the Executive’s resignation from (i) any director, officer or employee position the Executive has with the Company or any of its Affiliates, and (ii) all fiduciary positions (including as a trustee) the Executive holds with respect to any employee benefit plans or trusts established by the Company. The Executive agrees that this Agreement shall serve as written notice of resignation in this circumstance, unless otherwise required by any plan or applicable law.

  • Directors and Executive Officers The corporation shall indemnify its directors and executive officers (for the purposes of this Article XI, “executive officers” shall have the meaning defined in Rule 3b-7 promulgated under the 0000 Xxx) to the extent not prohibited by the DGCL or any other applicable law; provided, however, that the corporation may modify the extent of such indemnification by individual contracts with its directors and executive officers; and, provided, further, that the corporation shall not be required to indemnify any director or executive officer in connection with any proceeding (or part thereof) initiated by such person unless (i) such indemnification is expressly required to be made by law, (ii) the proceeding was authorized by the Board of Directors of the corporation, (iii) such indemnification is provided by the corporation, in its sole discretion, pursuant to the powers vested in the corporation under the DGCL or any other applicable law or (iv) such indemnification is required to be made under subsection (d).

  • Incorporators, Stockholders, Officers and Directors of Company Exempt from Individual Liability No recourse under or upon any obligation, covenant or agreement contained in this Indenture or any indenture supplemental hereto, or in any Security or any coupons appertaining thereto, or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such or against any past, present or future stockholder, officer, director or employee, as such, of the Company or of any successor, either directly or through the Company or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities and the coupons appertaining thereto by the holders thereof and as part of the consideration for the issue of the Securities and the coupons appertaining thereto.

  • Employees; Employee Benefit Plans (a) Section 3.11 of the Seasons Disclosure Schedule contains a true and complete list of each “employee benefit plan” (within the meaning of section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), including multiemployer plans within the meaning of ERISA section 3(37)), stock purchase, stock option, restricted stock, severance, employment, loan, change-in-control, fringe benefit, collective bargaining, bonus, incentive, deferred compensation and all other employee benefit plans, agreements, programs, policies or other arrangements, whether or not subject to ERISA (including any funding mechanism therefor now in effect or required in the future as a result of the transaction contemplated by this Agreement or otherwise) under which any current or former employee, director or independent contractor of Seasons or any of its Subsidiaries has any present or future right to benefits and under which Seasons or any of its Subsidiaries has any present or future liability. All such plans, agreements, programs, policies and arrangements shall be collectively referred to as the “Plans”.

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