Common use of Part of Compensation Clause in Contracts

Part of Compensation. The Union and the employees recognize that the Employer’s share of premium payments are service-related and part of the employee’s compensation package. Except as specified by legislation or this Agreement, the Employer has no obligation to continue paying premiums to obtain benefit or insurance coverage.

Part of Compensation. ‌ The Union and the employees recognize that the Employer’s share of premium payments are service-related and part of the employee’s compensation package. Except as specified by legislation or this Agreement, the Employer has no obligation to continue paying premiums to obtain benefit or insurance coverage.

Part of Compensation. The Union and the employees recognize that the Employer’s 's share of premium payments are service-related and part of the employee’s 's compensation package. Except as specified by legislation or this Agreement, the Employer has no obligation to continue paying premiums to obtain benefit or insurance coverage.