AND INSURANCE BENEFITS Sample Clauses

AND INSURANCE BENEFITS. 5.1 THE Director may during his employment hereunder become a member of the Company's Pension Scheme ("the Scheme") or of any scheme set up in place of it and will promptly pay all contributions due from him thereunder. The Company will contribute to the Scheme an amount per year equal to 10% of the Director's salary from time to time.
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AND INSURANCE BENEFITS. The Employer agrees to contribute towards the billed premiums in the indicated amounts for the following benefitsfor each Full Time employee in the active employ of the Employer who has completed his probationary period, provided the balance of such monthly premiums are paid by the employee through monthly payroll deductions;
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AND INSURANCE BENEFITS. A life insurance program shall be provided in the amount of per eligible employee and the premium cost shall be fully paid by the Home. A major medical plan will be instituted similar in coverage to Blue Cross annual deductible with no co-insurance) with the premium cost being paid by the Home for each eligible participating employee. A Dental Care Plan (Blue Cross or equivalent) shall be instituted on a premium sharing arrangement (previous year's schedule coverage; coverage). Effective as soon as practicable increase the fee schedule to for and fee schedule for The Employer shall provide a Hearing Aid Benefit of lifetime maximum per eligible member and effective as soon as possible following the release of the Award an Eyeglass Benefit of every two years per eligible member. Effective January increase the eyeglass benefit to every two years.
Sample 1
AND INSURANCE BENEFITS. Same sex spouse will be eligible to be a dependent for insured benefits. The Employer agrees to pay of the billed premium rate under the Ontario Health Insurance Plan for all employees with seniority. The Employer will continue a Group Life Insurance Plan providing life insurance of per employee for all employees. The Employer shall contribute of the premiums for the Group Life Insurance Plan. Effective July life insurance coverage will be increased to Note: Employees must work at least one day after the life insurance improvement to be eligible for the improvement. The Employer will pay of the billed premium rate for the Extended Health Care Plan. The drug plan requires generic substitution for drugs covered by the plan unless prescribed by the employee's doctor. The Employer will continue the drug card with a dispensing fee cap and a deductible per prescription (positive enrolment to be included). The Employer will pay of the billed premium rate Vision Care Plan in the amount of every months. Effective January the vision care plan shall increasefrom to per month period. Dental Plan (Blue Cross or its equivalent) to be continued. of the billed premiums to be paid by the Employer and to be paid by the employees. Effective April July the fee guide will be on a two year lag. The Employer will provide a Hearing Aid Benefit one hundred percent (100%) Employer paid. The Employer will provide each employee with details of the current benefit plans.
Sample 1
AND INSURANCE BENEFITS. The method of shall be governed by Article 43: Part-time Proration PAID An employee w i l l qualify for holiday pay as per the pro- ration formula i f the employee worked her scheduled day before and scheduled day after the holiday and has worked at least one (1 day in the two (2) week period preceding the holiday or the paid holidays as outlined in Article of the full - time Agreement. All other qualifiers outlined in Article apply.
Sample 1
AND INSURANCE BENEFITS. All health and insurance benefit premium costs paid by the Employer shall prorate in accordance with the proration formula under Article of this Agreement. The Employer has agreed to pay one hundred percent of the billed rate of the premium for employees. The Employer is not responsible for contribution in the event that an employee is otherwise covered for such benefit. This means that if the employee produces an exemption certificate indicating coverage through another source, the Employer is not liable for contribution.
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AND INSURANCE BENEFITS. ARTICLE -
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Related to AND INSURANCE BENEFITS

  • Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including reasonable attorneys' fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of a fire or other casualty affecting the Property or any part thereof) out of such Insurance Proceeds.

  • Award and Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Awards or Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including attorneys’ fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of Casualty or Condemnation affecting the Property or any part thereof) out of such Insurance Proceeds.

  • Benefits and Insurance The Executive shall, in accordance with Company policy and the terms of the applicable plan documents, be eligible to participate in benefits under any benefit plan or arrangement that may be in effect from time to time and made available to similarly situated Company executives (including, but not limited to, being named as an officer for purposes of the Company’s Directors & Officers insurance policy). The Company reserves the right in its sole discretion to modify, add or eliminate benefits at any time. All benefits shall be subject to the terms and conditions of the applicable plan documents, which may be amended or terminated at any time. The Executive shall be entitled to vacation each year, in addition to sick leave and observed holidays in accordance with the policies and practices of the Company. Vacation may be taken at such times and intervals as the Executive shall determine, subject to the business needs of the Company.

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Unemployment Benefits The Company will not oppose the Executive’s claim for unemployment insurance benefits.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 18 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 18 months after the date of Executive’s separation from service.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • Standard Benefits During the Employment Period, Executive shall be entitled to participate in all employee benefit plans and programs, including paid vacations, generally available to other similarly situated Company executives, subject to the terms and conditions of the applicable plans.

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