Benefit Enhancements Sample Clauses

Benefit Enhancements. The Bank's board of directors may, in its sole and absolute discretion, increase the amount of the benefit payments to the Director or the Director's Beneficiary under this Agreement commencing any time, and from time to time, effective on or after the first anniversary of the first benefit payment under this Agreement.
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Benefit Enhancements. Executive will be eligible for all and any benefit enhancements that are made to the executive benefit package.
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Benefit Enhancements. The parties agree that the following benefit enhancements shall occur effective September 1, 2009.
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Benefit Enhancements. The benefit payments under the ELNY Restructured Contracts that become one or more Covered Contracts, Article 75 Contracts and Uncovered Contracts, as restructured and reduced in accordance with Section 3.1, shall be enhanced immediately upon the assumption by NEWCO as follows:
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Benefit Enhancements. In accordance with the terms of the agreement, for the collective agreement, The Grand Erie District School Board and Local agree that the additional annual enhancement of benefits effective September shall first be applied as follows: Swimsuit allowance of up to per year to employees participating in the swim program Vision care to two years (New) Laser eye surgery a maximum of lifetime and not included in the vision care rider Orthodontics increased to maximum lifetime increased to every two years Hearing aids increased to every two years Paramedical improvements to including specific individual increases to the components of the paramedical coverage Dental implants When exact funding is confirmed, the parties shall meet to allocate any remaining funds. It is understood that the Board will not be required to exceed the funds available through the enhancement.
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Benefit Enhancements. The Board may, in its sole and absolute discretion, increase the amount of the benefit payments to the Employee or the Employee’s Beneficiary under this Agreement commencing any time, and from time to time, effective on or after the first anniversary of the first benefit payment under this Agreement.
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Benefit Enhancements. 18 Section 4.3 Opt-Out ...................................................................................................19 Section 4.4 Handling Statutory or Special Deposits ..................................................19 Section 4.5 Cooperation to Implement Transaction ..................................................19 Section 4.6 Post-Transfer Actions .............................................................................19 Section 4.7
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Benefit Enhancements. Benefit enhancements (no cost or cost neutral) will be implemented in accordance with the letter attached as Appendix 3 to this Settlement in accordance with the dates there set out.
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Benefit Enhancements. ‌ The parties agree that in the event benefit enhancements are granted to non-union employees within the term of renewed Collective Agreement that Union members shall be entitled to those improvements. The effective date of any benefit enhancement shall be implemented at the same time as non-union employees. Nothing in this letter shall give the Corporation the ability to reduce benefits covered by the Collective Agreement under Article 15 and/or any other relevant section of the Agreement. Signed this 7th day of November, 2022 CUPE AND ITS LOCAL 255-11 TOWNSHIP OF WELLINGTON NORTH Xxxxxx Xxxxxx, Xxxx XxXxxxxx Xxxxx Xxxxxxxxx Mayor Xxxxxx Xxxxxxx, Chief Administrative
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Related to Benefit Enhancements

  • Pension All present employees enrolled in the Hospital's pension plan shall maintain their enrolment in the plan subject to its terms and conditions. New employees and employees not yet eligible for membership in the plan shall, as a condition of employment, enroll in the plan when eligible in accordance with its terms and conditions.

  • Third Party Administrators for Defined Contribution Plans 2.1 The Fund may decide to make available to certain of its customers, a qualified plan program (the “Program”) pursuant to which the customers (“Employers”) may adopt certain plans of deferred compensation (“Plan or Plans”) for the benefit of the individual Plan participant (the “Plan Participant”), such Plan(s) being qualified under Section 401(a) of the Code and administered by TPAs which may be plan administrators as defined in the Employee Retirement Income Security Act of 1974, as amended.

  • SUPPLEMENTAL BENEFITS The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

  • Servicer Compensation The Servicer shall withdraw its Servicing Fee for each Mortgage Loan net of any Month End Interest payable pursuant to Section 7.6.1 from the related Custodial P&I Account prior to the remittance of such amounts to the Certificate Account with all other payments received with respect to the Mortgage Loans.

  • 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:

  • Benefit Arrangements Each Benefit Arrangement has been maintained in compliance, in all material respects, with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

  • Pension and Profit Sharing Plans Executive shall be entitled to participate in any pension or profit sharing plan or other type of plan adopted by Company for the benefit of its officers and/or regular employees.

  • Servicing Compensation As compensation for the activities of the Servicer hereunder, the Servicer shall be entitled to the Servicing Fee with respect to each Mortgage Loan payable solely from payments of interest in respect of such Mortgage Loan, subject to Section 3.24. In addition, the Servicer shall be entitled to recover unpaid Servicing Fees out of Late Collections, Insurance Proceeds, condemnation proceeds or Liquidation Proceeds and as otherwise permitted by Section 3.11(a) and out of amounts derived from the operation and sale of an REO Property to the extent permitted by Section 3.23. Except as expressly provided in Sections 6.04 and 7.02 herein, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of the Servicer’s responsibilities and obligations under this Agreement; provided, however, that the Servicer may pay from the related Servicing Fee any amounts due to a related Sub-Servicer pursuant to a Sub-Servicing Agreement entered into under Section 3.02; provided further that the Servicer may assign a portion of its Servicing Fee to an affiliate of the Servicer in connection with the ownership by such affiliate of the servicing rights attributable to the Mortgage Loans (provided that any right, title or interest of such affiliate in such portion of the Servicing Fee shall be subject to termination of the Servicer in accordance with the terms of this Agreement). Additional servicing compensation in the form of assumption or modification fees, late payment charges, insufficient funds fees, reconveyance fees and other ancillary fees (other than Prepayment Premiums) shall be retained by the Servicer (subject to Section 3.24) only to the extent such fees or charges are received by the Servicer. The Servicer shall also be entitled pursuant to Section 3.11(a)(iv) to withdraw from the Collection Account, and pursuant to Section 3.23(b) to withdraw from any REO Account, as additional servicing compensation, interest or other income earned on deposits therein, subject to Section 3.12 and Section 3.24. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including premiums for the insurance required by Section 3.14, to the extent such premiums are not paid by the related Mortgagors or by a related Sub-Servicer, it being understood however, that payment of such premiums by the Servicer shall constitute Servicing Advances), servicing compensation of any Sub-Servicer and to the extent provided herein in Section 6.03, the indemnification of the Trustee, and shall not be entitled to reimbursement therefor except as specifically provided herein.

  • 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.

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

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