Club Benefits definition

Club Benefits is defined in Section 4(e).
Sample 1
Club Benefits means the Participant’s benefits under the Club Memberships.
Sample 1
Club Benefits means the ability of a Participant to request to be granted privileges at a
Sample 1

Examples of Club Benefits in a sentence

  • All provisions of the Prior Agreement relating to the obligations of the Company or any successor to the QQ Business (as that term is defined in the Prior Agreement) (i) upon a Change in Control (as that term is defined in the Prior Agreement), (ii) as to post-Employment Period Airline Travel and Club Benefits (as that term is defined in the Prior Agreement) and (iii) lifetime medical coverage are superceded in their entirety by this Agreement effective immediately.

  • Sports & Social Club Benefits Membership of the Sports & Social Club will cease upon termination of employment.

  • Likewise, should the Company, its affiliates, or its or their successors from time to time operate or have an access arrangement for airport clubs, lounges and/or business centers, the Executive and the Executive's Spouse shall be entitled to unlimited free access to each such club, lounge, or business center and unlimited free access to any other travel-related benefit from time to time offered (such club and other travel benefits, the "Club Benefits").

  • The Executive and the Executive's Spouse shall be entitled to Airline Travel and Club Benefits for their respective lifetimes upon the first to occur of the following: (a) the Change of Control Date, (b) the third anniversary of the Effective Date, or (c) the Executive's employment is terminated by the Company (other than for Cause) or by the Executive for Good Reason.

  • The post-Employment Period Airline Travel and Club Benefits described in the preceding sentences shall be provided on the most favored terms, practices and conditions from time to time provided or offered by the Company, its affiliates, and successors to its or their active and retired senior-most executive officers and their families (but in all cases not less favorable than the highest class of space-available travel in all classes of service on the Travel Network).

  • Likewise, should the Company, its affiliates, or its or their successors from time to time operate or have an access arrangement for airport clubs, lounges and/or business centers, the Executive and the Executive's Spouse shall be entitled to unlimited free access to each such club, lounge, or business center and unlimited free access to any other travel-related benefit from time to time offered (such club and other travel benefits, the "Club Benefits".

  • A Participant shall also be entitled to the Club Benefits and Outplacement Services, if any, upon a Triggering Termination.

  • A Participant shall also be entitled to such Participant’s applicable Club Benefits, Relocation Benefit and Outplacement Services, if any, upon a Triggering Termination.

  • The Executive and the Executive's Spouse shall be entitled to Airline Travel and Club Benefits for their respective lifetimes.


More Definitions of Club Benefits

Club Benefits means the Participant’s Associate Club Privileges.
Sample 1
Club Benefits means the Participant’s Associate Club Privileges and Club Memberships.
Sample 1

Related to Club Benefits

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Fringe benefits means the amount of:

  • Employment benefits means all benefits provided or made

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Relevant Benefits means any pension (including an annuity), lump sum or gratuity given or to be given on retirement or on death, or by virtue of a pension sharing order or provision, or in anticipation of retirement, or, in connection with past service, after retirement or death;

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Benefits as defined in Section 3.1(b).

  • Additional Benefits means those benefits in addition to the rights and remedies available under the Australian Consumer Law.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Change in Control Benefits means the following benefits: