Common use of Life Insurance Upon Retirement Clause in Contracts

Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April will, provided is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided he fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. RULE

Appears in 2 contracts

Samples: Agreement, Agreement

AutoNDA by SimpleDocs

Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April 1, 2001, will, provided he/she is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided he fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. RULE.

Appears in 2 contracts

Samples: www.unifor4000fr.com, www.unifor4000fr.com

Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April the first day of the month following ratification, will, provided he/she is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided he fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. RULE.

Appears in 1 contract

Samples: www.unifor4000.com

Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April will, provided is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. RULEARTICLE

Appears in 1 contract

Samples: negotech.labour.gc.ca

Life Insurance Upon Retirement. (a) 21.1 An employee who retires from the service of the Company subsequent to April January 1, 1991, will, provided he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit$5,000.00 life insurance policy, fully paid up by the Company. An employee who retires from the service of the Company subsequent to January will, provided he fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. RULE.

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. (a) An employee Employees who retires retire from the service of the Company subsequent to April January will, provided is fifty-they are fifty five years of age or over and has have not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefitlife insurance policy, fully paid up by the Company. An employee Employees who retires retire from the service of the Company subsequent to January will, provided he fifty-they are fifty five years of age or over and has have not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit life insurance policy, fully paid up by the Company. RULEARTICLE

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April will, provided is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit life insurance policy, fully paid up by the Company. RULEThis amount will be increased to effective January , ARTICLE

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April will, provided is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. RULE

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. (a) An employee Employees who retires retire from the service of the Company subsequent to April March will, provided is they are fifty-five years of age or over and has have not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefitlife insurance policy, fully paid up by the Company. An employee who retires from the service of the Company subsequent to January will, provided he fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. RULEARTICLE

Appears in 1 contract

Samples: negotech.labour.gc.ca

Time is Money Join Law Insider Premium to draft better contracts faster.