NVA definition
Examples of NVA in a sentence
The Board shall provide Group I employees an optical plan comparable to the NVA 3 plan.
The amount determined under this subsection (iv) shall be paid at the time that NVA or Business Unit awards for the year are paid to other executives, but not later than March 15 after the end of the year in which the Termination Date occurs.
The payment under this subsection (iv) shall be paid in lieu of any NVA or Business Unit award under the applicable plan for the year in which Executive’s Termination Date occurs.
The Board shall provide Group II employees an optical plan comparable to the NVA I plan.
Vision – National Vision Administration (NVA) with the same coverage as MESSA VSP-2 Silver including internal and external coordination of benefits.
As described below, your NVA Target Award Opportunity provides you with an opportunity to have your NVA Award Bank credited (or debited) based on the Enterprise’s NVA performance over the NVA Performance Period, and to receive a distribution equal to 1/3 of any positive balance in your NVA Award Bank after the close of the NVA Performance Period.
For purposes of your NVA Target Award Opportunity, “Cause” shall mean (a) willful misconduct on your part that is materially detrimental to the Company; or (b) your conviction of a felony or crime involving moral turpitude; provided, however, that if you have entered into an employment agreement that is binding as of the date of employment termination, and if such employment agreement defines “Cause,” such definition of “Cause” shall apply.
No distribution will be made if, after the credit (or debit) is made to your NVA Award Bank pursuant to subsection 1(a) above, your NVA Award Bank has a negative balance; however, in no event will you be obligated to make a payment to the Company (or repay an amount previously distributed) because of a negative balance in your NVA Award Bank.
The Employer agrees to provide the following vision coverage: full-service benefit plan, $10.00 co-pay exam only, National Vision Administrators, L.L.C. (NVA) or other equivalent coverage.
The Board will provide vision insurance through NVA (National Vision Administrators, LLC).