Maintenance of Plans. Sensormatic agrees that, for not less than -------------------- 36 months after a Change in Control, it shall maintain in effect the plans and programs in which Executive is a participant immediately prior to such Change in Control (or comparable plans and programs) to the extent necessary to assure that the rights and benefits of Executive thereunder shall be no less favorable after such Change in Control than immediately prior thereto, provided, that Sensormatic shall in no event make any change in the event of or at any time after a Change in Control in the Retirement Plan resulting in a reduction of Executive's benefits thereunder.
Maintenance of Plans. With respect to each Employee Benefit Plan that the Company maintains, ever has maintained, or to which it contributes, ever has contributed, or ever has been required to contribute:
Maintenance of Plans. The Trustees may modify benefits or eligibility of any plan for the purposes of cost containment, cost management, or changes in medical technology and treatment. If increases are necessary to maintain the current benefits or eligibility, or benefits or eligibility as may be modified by the Trustees during the life of the Agreement, the Port shall pay such premium increases as determined by the Trustees.
Maintenance of Plans. In the absence of agreement between the City Manager and the Union to effect a new program, the City agrees to maintain the present hospital-medical and dental plans for the duration of this Agreement as specified above. Before the City acts to change an insurance carrier during the term of this Agreement, the City shall give the Union thirty (30) days notice of its intention to change carriers and shall, upon written request, meet with the Union to discuss the reasons for such change. The final determination of insurance carriers shall be in the sole discretion of the City.
Maintenance of Plans. Upon request, the Company shall provide the Union with copies of Summary Plan Descriptions covering each benefit component of its group health plans, 401(k) plan, life insurance and LTD plans. The Company reserves the right to change administrators and insurers as it deems advisable.
Maintenance of Plans. The Trustees may modify benefits or eligibility of any plan for the purposes of cost containment, cost management, or changes in medical technology and treatment. If increases are necessary to maintain the current benefits or eligibility, or benefits or eligibility as may be modified by the Trustees during the life of this Agreement, the Port shall pay such premium increases as determined by the Trustees. Effective June 1, 2015 and for the duration of this Agreement, each employee shall contribute $75.00 per month toward the monthly premium costs in 25.02. The Employer shall pay the remaining costs of the monthly premiums.
Maintenance of Plans. Between the date of this Agreement and the Closing, the Shareholders shall cause the Company to administer each and every Plan in accordance with the provisions of such Plan and all applicable provisions of the Code and ERISA.
Maintenance of Plans. During the period from the Closing Date through December 31, 2001, Buyer shall either maintain each of the Company's current pension and benefit plans (as more particularly described on Schedule 4.21), or, in the alternative, provide substantially similar plans to the Company's employees.
Maintenance of Plans. 8 4. REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE STOCKHOLDERS ...............................................................8 4.01
Maintenance of Plans. The Trustees may modify benefits or eligibility of any plan, listed above, for the purposes of cost containment, cost management, or changes in medical technology and treatment. If increases are necessary to maintain the current benefits or eligibility, or benefits or eligibility as may be modified by the Trustees during the life of this Agreement, the Port shall pay such premium increases as determined by the Trustees, except for, effective January 1, 2018 the employees shall pay $75.00 a month toward the cost of the plans. Effective January 1, 2019, or upon execution, whichever is later, Eemployees shall pay one hundred dollars ($100.00) a month toward the cost of the plans. Effective January 1, 2020, employees shall pay one hundred twenty five dollars ($125.00) a month toward the cost of the plan for the remainder of this Agreement.
