Travel Benefits definition

Travel Benefits means: (i) if you are at the level of Senior Vice President or above, lifetime positive space first class air travel for yourself, covered family members and dependents for leisure travel; and (ii) if you are at the level of Director or Vice President, for five (5) years following the Termination Date, positive space economy air travel for yourself, covered family members and dependents for leisure travel, in each case, subject to the Company’s travel benefit policy as in effect from time to time.
Sample 1
Travel Benefits. Executive will participate in any travel privileges or benefits offered from time to time by Pinnacle to its executives including, if provided, airport club and parking benefits. Restructuring and
Sample 1

Examples of Travel Benefits in a sentence

  • As an employee benefit you shall be entitled to the following Travel Benefits.

  • Integration of the two divisions [used in setting out the simplest version of the problem] into a single firm is predicated on the cost of market exchanges between them being greater that the administrative and agency costs.

  • Computing Travel Benefits ………………………………………………………………………………………………………...........

  • All Covered Services apply towards the Annual Maximum Benefit Limit except for Chiropractic Care Services, Diabetes Self-Management Education Services, Hospice Services and Blue Distinction Center for Transplant (BDCT) Travel Benefits.

  • The Company will provide employees covered by this Agreement, who have completed a minimum of 90 days of active employment with the Company, travel privileges pursuant to its Non-Revenue and Interline Travel Benefits Pass and Free Travel Policy.

  • Beginning on the Amendment Effective Date, Appendix 1 (Summary of Executive Benefits) to the Agreement is hereby amended by deleting in their entirety Section 6 (Travel Benefits) and Section 7 (Club Membership).

  • During the Employment Period, American shall provide or cause to provide to the Executive, the Executive's Spouse, the Executive's Parents and the Executive's Eligible Children the same travel privileges accorded to American's level 8 employees (the "Airline Travel Benefits").

  • Travel Benefits for Bariatric Surgery If the Member’s place of residence is outside a 50 mile radius of the nearest designated CME, certain travel expenses incurred by the Member may be covered in connection with an authorized bariatric surgical procedure performed at a designated CME.

  • It then cites to a case from the Second Circuit, Schonfeld v.Hilliard, 218 F.3d 164, 176 (2d Cir.

  • Thereafter, the Executive's ongoing salary and benefits (including any travel privileges) shall be commensurate with the level of the position accepted by the Executive; provided, however, that the Executive shall be entitled to the Airline Travel Benefits accorded to American's level 8 employees up until the 30-month anniversary of the Effective Time of the Merger.

Related to Travel 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.

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

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

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Bereavement Pay Benefits means the benefits as set out in Article II hereof.

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

  • Fringe benefits means the amount of:

  • Employment benefits means all benefits provided or made

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

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

  • 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;

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

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

  • 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.

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

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Benefits as defined in Section 3.1(b).

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

  • Change in Control Benefits means the following benefits:

  • 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.

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • superannuation benefit means any payment, other than a refund of contributions, made to a dentist by virtue of the application of the (a) National Health Service Pension Scheme Regulations 1995; or (b) the National Health Service Superannuation Scheme (Scotland) Regulations 1995 or (c) the corresponding provisions of the law in force in Northern Ireland; as a result of his providing general dental services;

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

  • Vested Benefits means amounts that are vested or that Executive is otherwise entitled to receive, without the performance by Executive of further services or the resolution of a contingency, under the terms of or in accordance with any investment and savings plan or retirement plan (including any plan providing retiree medical benefits) of the Company or its affiliates, and any ERPs or ESPs related thereto, and any deferred compensation or employee stock purchase plan or similar plan or program of the Company or its affiliates.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.