Benefit and Retirement Plans Sample Clauses

Benefit and Retirement Plans. Upon meeting the applicable eligibility requirements, Employee shall be entitled to be a participant in any employee benefit plans, retirement plans, and deferred compensation plans maintained by Employer.
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Benefit and Retirement Plans. The Union agrees that the benefit and retirement plans, effective January 1, 1999, will apply to its members in their entirety for the duration of this collective bargaining agreement. A summary of the plans is attached. The summary is not a binding legal or contractual document. Issues relating to the scope and application of the plans will be determined solely by and in accordance with the procedures established in the benefit plan documents. Harvard reserves the right to amend the plans and the plan documents during the term of this agreement; provided, however, that no future substantive economic amendments made to the plans other than those currently identified and accepted in this agreement, will apply to the members of the SEIU.
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Benefit and Retirement Plans. Employee shall be entitled to participate in the various welfare and fringe benefit plans and the tax qualified retirement plans which may be authorized and adopted from time to time by the Board of Directors of Bank, with Employee's participation in such plans to be governed and controlled by the terms and provisions of such plans.
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Benefit and Retirement Plans. We maintain the Xxxx Corporation Savings & Investment Plan (the ‘‘U.S. Plan’’) and the Xxxx Corporation Puerto Rico Employees Savings and Investment Plan (the ‘‘PR Plan’’). The PR Plan was adopted in fiscal year 2008. As amended in fiscal year 2009, both plans allow all employees who are at least age 21 to participate in the plans, although new employees are required to complete one year of continuous service with us to be eligible to participate. Each employee in the U.S. Plan can contribute from one percent to 60 percent of his or her annual salary subject to Internal Revenue Service (‘‘IRS’’) limitations, (30 percent for highly-compensated employees). Employees in the PR Plan can contribute from one to 10 percent of his or her annual salary subject to the Puerto Rico Internal Revenue Code (‘‘PR Code’’). Employees who have not otherwise elected will be automatically enrolled in their respective plan at a contribution rate of two percent upon satisfying all eligibility requirements. We match $0.50 in cash for every dollar an employee of either plan contributes to the plan up to four percent of annual compensation subject to IRS and PR Code limitations. Matching contributions are made on an annual basis, and employees must be employed with us on the last day of the plan year to receive our matching contributions. Employees who began contributing to the plans prior to calendar year 2009 vest in our matched contributions immediately. Employees who began contributing to the plans after calendar year 2008 must complete two years of service prior to vesting in matched contributions. Due to economic conditions, we temporarily suspended matching contributions effective February 27, 2009 with respect to any pre-tax contributions remitted to the plans during that period. We will periodically reevaluate whether business conditions permit the reinstatement of the matching contributions. The matching contribution expense totaled $1.8 million and $2.1 million for fiscal years 2009 and 2008, respectively.
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Benefit and Retirement Plans. 16 15.01 .......................................................................................................................................................................16 15.02 .......................................................................................................................................................................17 15.03 Pension Plan Contributions for New Employees 17 ARTICLE 16 - LEAVES OF ABSENCE 18 16.01 .......................................................................................................................................................................18 16.02 .......................................................................................................................................................................18 16.03 .......................................................................................................................................................................18 ARTICLE 17 — SICK TIME 19 17.01 .......................................................................................................................................................................19 17.02 .......................................................................................................................................................................19 ARTICLE 18 — WAREHOUSE CLOSURE 19 18.01 Severance Pay 19 18.02 .......................................................................................................................................................................19 18.03 Technological Change 20 ARTICLE 19 - SAFETY AND HEALTH 21 19.01 .......................................................................................................................................................................21 19.02 Safety Gear 21 19.03 Principles 21 ARTICLE 20 - UNION-MANAGEMENT COMMITTEE 22 20.01 .......................................................................................................................................................................22 20.02 .......................................................................................................................................................................22 20.03 Section 53 of the Labour Relations Code 23 ARTICLE 21- EDUCATION AND TRAINING 23 21.01 ........................................................................................................................................................
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Benefit and Retirement Plans. 15.01 All regular full time employees covered by the Collective Agreement, upon completion of their probationary period, will be covered by the Employer's hourly employee benefit plan. Employees electing optional coverage will contribute, by payroll deduction, a monthly amount according to the rates set forth for the specific plan options and/or coverage elected. Any changes to the benefit plan will be automatically incorporated as they occur.
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Benefit and Retirement Plans 
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Related to Benefit and Retirement Plans

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Benefits Plans During the Employment Period, You will be eligible to participate in all benefit plans in effect for executives and employees of the Company, subject to the terms and conditions of such plans.

  • Savings Plans Employee shall be entitled to participate in Employer’s 401(k) plan, or other retirement or savings plans as are made available to Employer’s other executives and officers and on the same terms which are available to Employer’s other executives and officers.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Retirement and Welfare Plans Executive shall participate in employee retirement and welfare benefit plans made available to the Company’s senior level executives as a group or to its employees generally, as such retirement and welfare plans may be in effect from time to time and subject to the eligibility requirements of the plans. Nothing in this Agreement shall prevent the Company from amending or terminating any retirement, welfare or other employee benefit plans or programs from time to time as the Company deems appropriate.

  • Compensation; Employment Agreements 18 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies.................................................. 18 5.16

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