Pension Provisions Sample Clauses

Pension Provisions. During the term of his employment, the Executive shall be entitled to participate in retirement benefits generally provided to senior executives of the Company that are made available from time to time.
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Pension Provisions. All Employees shall be eligible for retirement benefits in accordance with the requirements and benefit schedule of the Public School Employee Retirement System. A copy of the pension plan shall be provided to the Union upon request. The employee retirement system has improved the pension for all school employees. Optimal planning will be left to the individual contract employee.
Pension Provisions. The Employee will be entitled to participate in the Company’s pension plan from time to time subject to the provisions of such pension plan in effect at the time.
Pension Provisions. Section 1. Effective July 1, 2006, employees shall be entitled to retirement and survivor benefits pursuant to the terms and conditions of the ordinance entitled Final Amended Ordinance Regarding the Pension and Retirement System, Part II: Pensions and Retirement Provisions, and passed by the Board of Xxxxxxxx on January 24, 2011, (the “Pension Ordinance”) with the modifications provided herein. The provisions of the Pension Ordinance notwithstanding, all employees covered by this Agreement shall not suffer any reduction in their accrued benefits as of June 30, 2006.
Pension Provisions. 318. Section 1. Effective July 1, 2006, employees shall be entitled to retirement and survivor benefits pursuant to the terms and conditions of the ordinance entitled Final Amended Ordinance Regarding the Pension and Retirement System, Part II: Pensions and Retirement Provisions, and passed by the Board of Xxxxxxxx on January 24, 2011, (the “Pension Ordinance”) with the modifications provided herein. ¶319. The provisions of the Pension Ordinance notwithstanding, all employees covered by this Agreement shall not suffer any reduction in their accrued benefits as of June 30, 2006. ¶320. Section 1(a). Employees hired after their fiftieth (50th) birthday shall have the choice of entering into the Pension System or contributing into the Social Security System. For those employees hired after May 21, 2002 and were inadvertently denied the opportunity to elect one of these options shall be given a window of opportunity until July 1, 2006 to make such an election, and shall receive such chosen benefit going forward from the date of their election. ¶321. The terms “employee” or “employees” as used in this Article shall be defined and refer to employee or employees as those terms are defined in Article I, section 2 and 3 of this Agreement. ¶322. The definition of “Spouse,” under Section 35.01 (X) of the Pension Ordinance shall be modified to read as follows:
Pension Provisions. The Company does not at the date of ------------------ commencement have a Pension Scheme.
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Pension Provisions a. The Board agrees that each member of the Service covered by this who retires during the term thereof having completed (20) years of continuous service, and having commenced such service on or before January shall be paid annually in equal instalments during lifetime. a retirement allowance sufficient to provide with a minimum annual pension of five thousand dollars allowing for pension payments which the member is to receive under a pension plan or retirement allowance plan of any Municipality or local Board, including the PENSION PLAN, Government Annuities, and private pension plans to which any Municipality or local Board has made any contribution on behalf of such member. The amount of the retirement allowance to which a member becomes entitled under the provisions hereof shall not be reduced in any way by amount of benefits to which such member may hereafter become entitled under the provision of Canada Pension Plan. Such service hereinbefore mentioned shall be determined pursuant to the provisions of Section Subsection of the RegionalMunicipality of as amended. UNIFORM
Pension Provisions. (1) Your pension entitlements as well as those of your surviving dependants shall be governed by the Allianz pension commitment confirmed to you by a separate letter. Such pension commitment provides that any benefits from Allianz Versorgungskasse VVaG (AVK) and from Allianz Pensionsverein e.V. (APV) shall be paid in addition to the entitlements under the pension commitment.

Related to Pension Provisions

  • Termination Provisions In this Agreement:

  • ERISA PROVISIONS The following provisions are part of this Agreement and are intended to meet the requirements of the Employee Retirement Income Security Act of 1974 (“ERISA”):

  • COMMON PROVISIONS Article 10

  • Transition Provisions Any person engaged as an apprentice at the date this award commenced operation shall be deemed to be an apprentice for all purposes of this award until the completion or cancellation of their apprenticeship contract.

  • Other Allocation Provisions Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

  • Other Termination Provisions 1. We may deliver any notice instead of mailing it. Proof of mailing of any notice shall be sufficient proof of notice.

  • Subordination Provisions The Company covenants and agrees, and Originator and any other holder of this Company Note (collectively, Originator and any such other holder are called the “Holder”), by its acceptance of this Company Note, likewise covenants and agrees on behalf of itself and any holder of this Company Note, that the payment of the principal amount of and interest on this Company Note is hereby expressly subordinated in right of payment to the payment and performance of the Senior Interests to the extent and in the manner set forth in the following clauses of this paragraph 9:

  • Other Contribution Provisions In the event that any Partner is admitted to the Partnership and is given a Capital Account in exchange for services rendered to the Partnership, unless otherwise determined by the General Partner in its sole and absolute discretion, such transaction shall be treated by the Partnership and the affected Partner as if the Partnership had compensated such partner in cash and such Partner had contributed the cash to the capital of the Partnership. In addition, with the consent of the General Partner, one or more Limited Partners may enter into contribution agreements with the Partnership which have the effect of providing a guarantee of certain obligations of the Partnership.

  • EXCULPATION PROVISIONS EACH OF THE PARTIES HERETO SPECIFICALLY AGREES THAT IT HAS A DUTY TO READ THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND AGREES THAT IT IS CHARGED WITH NOTICE AND KNOWLEDGE OF THE TERMS OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS; THAT IT HAS IN FACT READ THIS AGREEMENT AND IS FULLY INFORMED AND HAS FULL NOTICE AND KNOWLEDGE OF THE TERMS, CONDITIONS AND EFFECTS OF THIS AGREEMENT; THAT IT HAS BEEN REPRESENTED BY INDEPENDENT LEGAL COUNSEL OF ITS CHOICE THROUGHOUT THE NEGOTIATIONS PRECEDING ITS EXECUTION OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS; AND HAS RECEIVED THE ADVICE OF ITS ATTORNEY IN ENTERING INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS; AND THAT IT RECOGNIZES THAT CERTAIN OF THE TERMS OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS RESULT IN ONE PARTY ASSUMING THE LIABILITY INHERENT IN SOME ASPECTS OF THE TRANSACTION AND RELIEVING THE OTHER PARTY OF ITS RESPONSIBILITY FOR SUCH LIABILITY. EACH PARTY HERETO AGREES AND COVENANTS THAT IT WILL NOT CONTEST THE VALIDITY OR ENFORCEABILITY OF ANY EXCULPATORY PROVISION OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS ON THE BASIS THAT THE PARTY HAD NO NOTICE OR KNOWLEDGE OF SUCH PROVISION OR THAT THE PROVISION IS NOT “CONSPICUOUS.”

  • Additional Allocation Provisions Notwithstanding the foregoing provisions of this Article 6:

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