Continuity of Benefits. Except as modified by this Memorandum of Agreement, all terms and conditions of the collective bargaining agreement between the City and the Union covering the period July 1, 1996 through June 30, 2000 which do not contain a specific expiration date shall remain in full force and effect for the term of this agreement, July 1, 2000 through June 30, 2004. (signatures) for the Union: • Xxxxxx X. Xxxxxxxx • Xxxxx Xxxxxxx for the City: • Xxxx Xxxxx • Xxxxxx Xxxxx
Continuity of Benefits. Except as otherwise provided or limited in this Article, the health and life insurance benefits provided in this Article and the District's contribution thereto shall remain in effect during the term of this Agreement and/or until a successor Agreement is effected, except that the District shall not be bound to pay the premiums for any individual engaged in any strike.
Continuity of Benefits. The length of service and all benefits flowing there from of an employee who moves between delegate corporations or between LSNY Central Administration and a delegate corporation shall not be impaired by such a move.
Continuity of Benefits. Duke shall provide, or shall cause PanEnergy or their respective affiliates to provide, that (i) for all purposes under all employee benefit plans and programs applicable to PanEnergy Employees at any time following the Effective Time, all service by PanEnergy Employees with, and all compensation of PanEnergy Employees from, PanEnergy or any of its Subsidiaries before the Effective Time shall be treated in the same manner as service with and compensation from Duke and its Subsidiaries before the Effective Time for all purposes, including without limitation eligibility to participate and eligibility and grow-ins for, and accrual and vesting of, benefits, rights and features, except to the extent such treatment would result in a duplication of benefits, and (ii) for purposes of any welfare benefit plan maintained by any of them after the Effective Time, if any PanEnergy Employee transfers from one such plan to another during a plan year, the second such plan shall waive any waiting periods and limitations regarding coverage for pre- existing conditions and recognize any out-of-pocket expenses incurred by such PanEnergy Employee and his or her eligible dependents during the portion of the plan year before such transfer for purposes of determining their deductibles and out-of-pocket maximums for the remainder of such plan year. Notwithstanding the foregoing, in the event that at any time after the Effective Time, PanEnergy Employees begin to participate in any cash balance defined benefit pension plan (a "Cash Balance Conversion"), the transition from the traditional defined benefit pension plan in which they participated before such Cash Balance Conversion shall be implemented using methodologies designed so that such PanEnergy Employees (considered as an aggregate population and not as individuals) are treated in a manner not materially less favorable than employees of Duke and its affiliates (other than PanEnergy and its Subsidiaries) (also considered as an aggregate population and not as individuals) are or were treated in any Cash Balance Conversion occurring after the date of this Agreement and before or contemporaneously with the Cash Balance Conversion of such PanEnergy Employees, even if the achievement of such treatment would not comply with the requirements of clause (i) of the preceding sentence.
Continuity of Benefits. All full-time bargaining unit staff shall be entitled to insurance coverage under this Article. For employees working less than full-time, but at least half-time, shall be prorated based upon the normal work day or work year. Employees working less than half-time are not entitled to any Board paid insurance benefits. The Board shall maintain insurance coverage provided in this Article from July 1 through June 30 for all eligible employees provided the employee has completed his/her contractual work year. Should an employee complete his/her contractual work year and be covered through another employer prior to June 30, it shall be that employee’s responsibility to so inform the Board to avoid redundant coverage. Any employee who has completed the entire school year and whose employment with the District terminates at the end of the school year, shall continue to receive insurance benefits under this Article through August 31 of the year in which their employment terminates, unless they notify the Human Resources Office that they have alternate coverage through MPSERS or another employer. An employee who is hired with an effective first work day after the first required work day of the school year shall be entitled to employee benefits for a duration determined on a pro-rata basis. For those employees who are laid off due to lack of work or on prolonged leaves of absence, the Board will pay the subscription (premium) rate for the employee’s insurance coverage through August 31. In order for such employees to continue coverage beyond such time, they must make arrangements for the payment of the total premium or subscription rate for succeeding months, in which event coverage will be available to them to the extent permitted by the respective policies and/or certificates. In the event an employee is laid off, terminated, resigns, or retires with notice during the school year, the insurance shall be continued until the employee has received the pro-rata portion of the twelve (12) month insurance year earned at the time of the termination, lay off, resignation, or retirement. In the event an employee dies during the school year, the Board shall continue insurance coverage until the employee has received the pro-rata portion of the twelve (12) month insurance year earned at the time of the employee’s death. If the employee dies after the completion of the school year, and providing the policy permits continued dependent coverage, the Board shall continue payments...
Continuity of Benefits. Part-time Faculty receiving benefits are eligible for continuous benefits until the following Fall open enrollment.
Continuity of Benefits. Benefit Elections and Beneficiary Designations 27 Section 7.4 Insurance Contracts 28 Section 7.5 Third-Party Vendors 28 Section 7.6 Claims Experience 29 Section 7.7 Allocation of Demutualization Proceeds 29 Section 7.8 Transition Services Agreement 29 ARTICLE VIII BENEFIT ARRANGEMENTS 29 ARTICLE IX WORKERS’ COMPENSATION AND UNEMPLOYMENT COMPENSATION 29 Section 9.1 General Principles 29 Section 9.2 Crossover Claims 29 Section 9.3 Additional Details 30 ARTICLE X EMPLOYMENT, SEVERANCE AND OTHER MATTERS 30 Section 10.1 Employment, Severance, Change-in-Control and Retention Agreements 30 Section 10.2 Severance Plan 31 Section 10.3 Accrued Time Off 31 Section 10.4 Leaves of Absence 31 Section 10.5 Director Programs 32 Section 10.6 Restrictive Covenants in Employment and Other Agreements 32 Section 10.7 Non-Solicitation 33 ARTICLE XI GENERAL PROVISIONS 33 Section 11.1 Preservation of Rights to Amend 33 Section 11.2 Confidentiality 33 Section 11.3 Administrative Complaints/Litigation 34 Section 11.4 Reimbursement and Indemnification 34 Section 11.5 Costs of Compliance with Agreement 35 Section 11.6 Fiduciary Matters 35 Section 11.7 Form S-8 35 Section 11.8 Entire Agreement 35 Section 11.9 Binding Effect; No Third-Party Beneficiaries; Assignment 35 Section 11.10 Amendment 36 Section 11.11 Failure or Indulgence Not Waiver; Remedies Cumulative 36 Section 11.12 Notices 36 Section 11.13 Counterparts 36 Section 11.14 Severability 37 Section 11.15 Governing Law 37 Section 11.16 Dispute Resolution 37 Section 11.17 Performance 37 Section 11.18 Construction 37 Section 11.19 Effect if Distribution Does Not Occur 38 EMPLOYEE MATTERS AGREEMENT This EMPLOYEE MATTERS AGREEMENT is entered into as of November 29, 2020 between Aaron’s Holdings Company, Inc., a Georgia corporation (“RemainCo”), and The Aaron’s Company, Inc., a Georgia corporation (“SpinCo”). RemainCo and SpinCo are sometimes referred to herein, individually, as a “Party,” and, collectively, as the “Parties.” Capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in Article I hereof.
Continuity of Benefits. For those employees who are laid off due to lack of work or on prolonged leaves of absence, the Board will pay the subscription (premium) rate for the employee’s insurance coverage through the month following the month in which the start of such layoff or leave of absence began. In order for such employees to continue coverage beyond such time, they must make arrangements for the payment of the total premium or subscription rate for succeeding months, in which event coverage will be available to them to the extent permitted by the respective policies and/or certificates. In the event an employee is terminated, resigns, or retires during the school year, the insurance shall be continued until the employee has received the pro-rata portion of the twelve (12) month insurance year earned at the time of the termination, resignation, or retirement. An employee who is hired with an effective first work day after the first required work day of the school year shall be entitled to employee benefits for a duration determined on a pro-rata basis. In the event an employee dies during the school year, the Board shall continue insurance coverage until the employee has received the pro-rata portion of the twelve (12) month insurance year earned at the time of the employee’s death. If the employee dies after the completion of the school year, and providing the policy permits continued dependent coverage, the Board shall continue payments of the applicable premiums through August 31 of that year.
Continuity of Benefits. If at a future date the Parties agree that this RHIPA Program is no longer viable on an on-going basis, the Parties shall begin negotiations to resolve the issues of the distribution of the sub-account balance.
Continuity of Benefits. All privileges and benefits not specifically provided for in this Agreement but are presently accorded or may in the future be accorded to employees shall not be discontinued by NCCA. In the event of their discontinuance, NCCA shall exert all necessary efforts for the restoration of these concerned benefits or privileges. In case of refund, the MANAGEMENT agrees to implement this on a staggered basis.
