Payment for Benefits Sample Clauses

Payment for Benefits. The cost of benefits, including FICA and Medicare taxes, will be deducted from each BLDS Director’s Director Earnings quarterly.
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Payment for Benefits. The cost of benefits, including FICA and Medicare taxes, will be deducted from the Executive Director's Director Earnings to the extent provided in Attachment A.
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Payment for Benefits. CEF is responsible for paying the Chesterfield County School Board 100 percent of the monthly premium attributed to their employees. The employee’s portion of the premium will be the same as any similarly enrolled employee of the Chesterfield County School Board. CEF will be responsible for deducting the employee’s portion of the premium from each employee’s pay and forwarding that amount, along with the employer portion of the premium, to the Chesterfield County School Board when making their total monthly premium payment. Premiums are paid one month in advance and payments shall be made to Chesterfield County School Board on the first day of each month.
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Related to Payment for Benefits

  • Non-Duplication of Payment or Benefits For purposes of clarity, in the event of a Qualifying Pre-CIC Termination, any severance payments and benefits to be provided to the Executive under Section 3(b) will be reduced by any amounts that already were provided to the Executive under Section 3(a). Notwithstanding any provision of this Agreement to the contrary, if the Executive is entitled to any cash severance, continued health coverage benefits, or vesting acceleration of any equity awards (other than under this Agreement) by operation of applicable law or under a plan, policy, contract, or arrangement sponsored by or to which any member of the Company Group is a party (“Other Benefits”), then the corresponding severance payments and benefits under this Agreement will be reduced by the amount of Other Benefits paid or provided to the Executive.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • SUPPLEMENTAL BENEFITS The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

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