Premium Reimbursement Sample Clauses

Premium Reimbursement. If your insurance is terminated or cancelled during the term, we will reimburse the premium as follows:
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Premium Reimbursement. The Company shall reimburse Employee for the premiums of all insurance policies covering the long and short-term disability and long term care insurance of Employee and all insurance policies and insurance coverage of the Employee and Employees dependents covering health, medical and dental not to exceed $15,000 per annum (as adjusted for increases in the Consumer Price Index) during the term hereof.
Premium Reimbursement. At least sixty (60) days prior to each applicable premium due date, the Corporation shall make a payment to the Participant equal to the premium payable by the Owner pursuant to subsection (b) above.
Premium Reimbursement. The Company shall reimburse Executive for the premiums of all insurance policies covering the long and short-term disability and long term care insurance of Executive and all insurance policies and insurance coverage of the Executive and Executives dependents covering health, medical and dental not to exceed $20,000 per annum (as adjusted for increases in the Consumer Price Index) during the term hereof.
Premium Reimbursement. During the period between July 1, 2009 and December 31, 2009, the Company shall reimburse the Executive for any medical premium expenses he incurs to purchase continued medical coverage under the SCI Health Plans (or, if applicable, any alternative medical program or insurance arrangement selected by SCI) for Executive and his spouse, but only to the extent such expense is in excess of the premium level that would be paid by an active employee of SCI to purchase coverage under the SCI Health Plans (which amount shall be referred to herein as the “Medical Reimbursement”). In accordance with Treasury Regulation Section 1.409A-3(i)(1)(iv)(A), the premiums available for reimbursement under this paragraph in any calendar year will not be increased or decreased to reflect the amount actually reimbursed in a prior or subsequent calendar year, and all reimbursements under this paragraph will be paid to the Executive within ten (10) days following the Company’s receipt of an acknowledgement of payment from the insurance company (or any other evidence of payment of the insurance premiums by the Executive), but in no event shall reimbursement be made any later than December 31 of the calendar year following the calendar year in which the Executive pays the insurance premiums. In addition, the Company will pay the Executive an amount equal to the aggregate of the Federal, state and local income taxes that the Executive pays on the Medical Reimbursement payments, plus the additional Federal, state and local income taxes imposed on the Executive due to such additional income tax gross-up payment by the Company. In accordance with Treasury Regulation Section 1.409A-3(i)(1)(v), the Company will pay the additional income tax gross-up amounts owed to the Executive under this paragraph at the same time payments of the Medical Reimbursement are made.
Premium Reimbursement. At the end of each month, from the Effective Date to the final Policy Closing, the Seller shall deliver to the Purchaser a statement containing the sum of the premium actually paid for Portfolio Policies in the prior month, which amount shall be added to the Purchase Price as set forth in Section 2(b) above.
Premium Reimbursement. Any premium attributable to insurance procured by UWSI on behalf or for the benefit of AMSG shall be directly charged to AMSG by UWSI, as often as UWSI is billed for the same, and AMSG shall promptly reimburse UWSI for such billed premium.
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Premium Reimbursement. The Company will reimburse the Executive a sum of money equal to one (1) month of the Executive's current COBRA premium payment (upon presentation of documents supporting his COBRA premium and payment).

Related to Premium Reimbursement

  • Loss Reimbursement Subadviser shall reimburse the Account for any material error to the Fund's net asset value caused by Subadviser's breach of its standard of care, as set forth in the following sentence that is a direct cause of a delay in the accurate daily pricing of the Fund. In managing the Account, Subadviser shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses Xxxxxxx has incurred at the time of the request;

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Expenses Reimbursement State Street shall be entitled to receive from the Fund on demand reimbursement for its cash disbursements, expenses and charges, excluding salaries and usual overhead expenses, as set forth in Schedule A.

  • Reimbursement Costs (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys’ fees, including any allocated costs of the Bank’s in-house counsel to the extent permitted by applicable law.

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

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