ANNUAL BENEFITS Sample Clauses

ANNUAL BENEFITS. The Employee will be entitled to annual benefits of LTA Basket, Provident Fund, Statutory Bonus, and Gratuity in line with current Corporate Policies
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ANNUAL BENEFITS. GOLD PAW If you purchase the Gold Paw Plan, We will pay for the cost of preventive care services. Your Summary of Insurance lists the plan you have chosen. For your maximum payable limits, please refer to your Schedule of Maximum Amounts on the reverse of your Summary of Insurance. These documents are included in your welcome package and reprints can be provided upon request. LIMIT WHERE MORE THAN ONE POLICY APPLIES You or other persons may have a right to claim from more than one Pet health insurance policy. If You have other Pet health insurance in force that would cover Your Pet for the Treatments described above, We will cover claims in proportion to Our share of all pet health insurance policies You have in force. In the case where You have other applicable property-related insurance but no other pet health insurance, this Policy shall be considered the primary Policy. We have the right to gather and disclose information as necessary so that We can coordinate benefits with any other pet health insurance provider. You are not permitted to receive more reimbursement than the total amount of Your claim(s).
ANNUAL BENEFITS. GOLD PAW If You purchase the Gold Paw Plan, We will pay for the cost of preventive care services Your Pet has received. For the listing of covered preventive care services and the Maximum Payable limit for all preventive care services combined in any given Annual Policy Period, see the Schedule of Maximum Amounts on the reverse side of Your Summary of Insurance. These documents are included in your welcome package and reprints can be provided upon request. This Coverage cannot be used toward monitoring or Treatment of any excluded Condition, or any ongoing Condition, or to supplement any other limit of Coverage available under Your plan to which separate limits apply. The Coverage limit renews each new Annual Policy Period. Coverage is subject to Waiting Periods as described in the Policy Administration section of this document. LIMIT WHERE MORE THAN ONE POLICY APPLIES You or other persons may have a right to claim from more than one pet health insurance Policy. If You have other pet health insurance in force that would cover Your Pet for the Treatments described above, We will cover claims in proportion to Our share of all pet health insurance policies You have in force. In the case where You have other applicable property-related insurance but no other pet health insurance, this Policy shall be considered the primary Policy. We have the right to gather and disclose information as necessary so that We can coordinate benefits with any other pet health insurance provider. You are not permitted to receive more reimbursement than the total amount of Your claim(s).
ANNUAL BENEFITS. This figure is calculated by Presstimator BHR and is based on the Benefit group that you select or on the default Benefits/Wages ratio from the Company Information Screen.
ANNUAL BENEFITS. For purposes of this Agreement the term "annual benefits" shall be defined as being that sum which is equal to seventy percent (70%) of the annual salary being paid to the Employee during the last year the Employee has been in the Corporation's employ prior to his retirement date as hereinafter set forth, or prior to his death or disability as hereinafter set forth, reduced by a sum equal to the total amount otherwise being received by the Employee each year from the Savings Bank Employees Retirement Association and the portion of Social Security related solely to contributions made by the Corporation, and the term "salary" shall not include any total disability payments under the Corporation's long term disability program. The adjustment is to be made annually by reducing the following year's annual benefits by the total sums received by the Employee during the previous twelve (12) months from both the Savings Bank Employees Retirement Association and the portion of Social security related solely to contributions made by the Corporation. The period of employment that shall, be utilized to determine the aforegoing is the continuous period of employment of the Employee with the Corporation as it is presently constituted and subsequent to any merger with another banking institution or take-over of any type of the Corporation.

Related to ANNUAL BENEFITS

  • 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.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Separation Benefits If this Agreement is terminated either by the Company without Cause in accordance with Section 6(c) (including the Company’s non-renewal of this Agreement) or by Employee resigning his employment for Good Reason in accordance with Section 6(d), the Company shall have no further obligation to Employee under this Agreement, except the Company shall provide the Accrued Obligations to Employee in accordance with Section 7(a) plus the following payments and benefits (collectively, the “Separation Benefits”) to Employee: (i) an amount equal to one times the sum of the Base Salary in effect immediately before the Termination Date plus the Annual Bonus received by Employee for the fiscal year preceding the Termination Date (or if Employee was employed for less than one full fiscal year prior to the Termination Date, the Annual Bonus for purposes of this Section 7 shall be the Annual Bonus payable during the current fiscal year at the target amount provided above) (together, the “Separation Pay”); and (ii) during the six-month period commencing on the Termination Date that Employee is eligible to elect and elects to continue coverage for himself and his eligible dependents under the Company’s group heath insurance plan pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), or similar state law, the Company shall reimburse Employee on a monthly basis for the difference between the amount Employee pays to effect and continue such coverage under COBRA and the employee contribution amount that active employees of the Company pay for the same or similar coverage; provided, however, that Employee shall notify the Company in writing within five days after he becomes eligible after the Termination Date for group health insurance coverage, if any, through subsequent employment or otherwise and the Company shall have no further reimbursement obligation after Employee becomes eligible for group health insurance coverage due to subsequent employment or otherwise. The Separation Pay shall be paid to Employee in a lump sum within 60 days of the Termination Date; provided, however, that no Separation Pay shall be paid to Employee unless the Company receives, on or within 55 days after the Termination Date, an executed and fully effective copy of the Release (as defined below). Any COBRA reimbursements due under this Section shall be made by the last day of the month following the month in which the applicable premiums were paid by Employee. For the avoidance of doubt, Employee shall not be entitled to the Separation Benefits if this Agreement is terminated (i) due to Employee’s death; (ii) by the Company due to Employee’s Inability to Perform; (iii) by the Company for Cause; (iv) by Employee without Good Reason; or (v) by non-renewal by Employee in accordance with Sections 4(b) and 6(f).

  • Severance Allowance A laid-off employee shall be entitled to severance allowance pursuant to Article 55.

  • 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.

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