Additional Insurance Benefits Sample Clauses

Additional Insurance Benefits. Effective July 8, 1996, City shall remit to the Reno Police Supervisory/ Administrative Employees Association (RPSAE) a total amount of $55,000 which is equal to the 1995/96 total cost of a 1.11% base wage increase for the three units represented by RPSAE as computed on January 22, 1995. Said total amount shall be paid to the Association in twenty-six equal installments coinciding with each payroll period. This amount shall be adjusted to reflect increases or decreases in total authorized positions to the extent that carry-over costs of the equivalent 1.11% base wage increase for the units would have been affected by the total number of authorized positions. In addition, the total annual amount shall be adjusted annually beginning July 1, 1997, by the same percentage as any across-the-board base wage increases and/or the equivalent base wage percentage of any benefit increases (including PERS) in lieu of a base wage increase that may be negotiated. The Association shall utilize these funds to provide benefits for eligible employees as determined by the RPSAE. (1) The administration of the funds referenced in paragraph (q) shall be the sole responsibility of the Association and shall not obligate the City in any manner nor shall there be any liability on the part of the City other than to contribute to the Association the amount specified above. (2) The Association may pay all or a portion of insurance premiums for eligible employees as determined by RPSAE for any available City plans subject to the eligibility requirements and terms and conditions of the plan. This shall not be construed that the City guarantees the availability of any insurance plan.
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Additional Insurance Benefits. If, pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), Executive elects timely continuation coverage for the Executive and/or any or all dependents of the Executive under the Company’s medical or dental plans as in effect immediately prior to the date of a Termination Upon Change of Control, then for a period of up to eighteen (18) months following such a Termination Upon Change of Control the Executive shall receive a monthly payment from the Company equal to the premium(s) for the coverage elected under COBRA for the Executive and such dependents. The Company’s obligation under this Section 2.4 shall terminate upon the insured (e.g., the Executive or a dependent) accepting insurance coverage of that type under another group health plan. For purposes of this COBRA coverage, the date of the “qualifying event” for the Executive and any dependents shall be the date of a Termination Upon Change of Control.
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Additional Insurance Benefits. Effective the first full pay period in July 2022, the City shall remit to the Reno Police Supervisory/Administrative Employees Association (RPSAE) the equivalent of two and one half percent (2.5%) of the annual Sergeant’s wages at Step 1 per member in biweekly installments. The Association shall utilize these funds to provide health care benefits for eligible members as determined by the RPSAE and in accordance with law. (1) The administration of the funds referenced in paragraph (q) shall be the sole responsibility of the Association and shall not obligate the City in any manner nor shall there be any liability on the part of the City other than to contribute to the Association the amount specified above. (2) The Association may pay all or a portion of insurance premiums for eligible employees as determined by RPSAE for any available City plans subject to the eligibility requirements and terms and conditions of the plan. This shall not be construed that the City guarantees the availability of any insurance plan.
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Additional Insurance Benefits. Section 1: The City agrees to provide the additional insurance benefits listed below for each covered member at no cost to that member:
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Additional Insurance Benefits. If the Executive elects coverage under the Consolidated Budget Reconciliation Act of 1985 ("COBRA"), the Executive shall receive at the Company's expense continued provision of the Company's health related and other standard employee insurance coverages as in effect immediately prior to the Executive's Termination Upon Change of Control for a period of eighteen (18) months following such Termination Upon Change of Control. The date of the "qualifying event" for the Executive and any dependents shall be the date of his Termination Upon Change of Control. FEDERAL EXCISE TAX UNDER SECTION 280G
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Additional Insurance Benefits. In addition to the insurance coverage provided for in this agreement, the Employer shall make available to the members of this bargaining unit, the following additional insurance coverage: 1. Short Term Disability coverage with a 21 day qualifying period. 2. Long Term Disability coverage with a waiting period coordinated with the STD. 3. VSP III - Vision Coverage
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Additional Insurance Benefits. Upon mutual agreement between the Bargaining Unit Member and the Village, and in accordance with the terms and conditions of the insurance policy, the Village will continue health insurance coverage during any unpaid leave of absence in excess of thirty (30) days at the police officer’s expense. COBRA continuation rights may apply in the event coverage is not extended through the Village. Upon a Bargaining Unit Member’s separation from Village employment, at the police officer’s option and expense, the police officer may elect to continue Village Health Insurance benefits to the extent provided under COBRA.
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Additional Insurance Benefits. Section 1: The City agrees to provide the additional insurance benefits listed below for each covered member at no cost to that member: Section 2: The City and the Union shall immediately meet to reopen discussions of this Article if the combined total annual cost of the above insurance benefits exceeds thirty-six thousand dollars ($36,000). Section 3: Xxxxxxxx will be submitted to the City quarterly and the City shall reimburse the Union up to $36,000 each fiscal year.
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Additional Insurance Benefits. In the event of the Executive’s Termination Upon Change of Control, the Executive shall be entitled to the benefits described in this Section 2.4.
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Related to Additional Insurance Benefits

  • Group Insurance Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be paid or unpaid leave of absence contact the school district Employee Benefits Department.

  • Additional Insurance Contractor may obtain additional insurance not required by this Contract.

  • Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including reasonable attorneys' fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of a fire or other casualty affecting the Property or any part thereof) out of such Insurance Proceeds.

  • Additional Insurance Provisions (A) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the City, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification. (B) If at any time during the life of the Agreement, any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced, City has the right but not the duty to obtain the insurance it deems necessary and any premium paid by City will be promptly reimbursed by Consultant or City will withhold amounts sufficient to pay premium from Consultant payments. In the alternative, City may cancel this Agreement. (C) The City may require the Consultant to provide complete copies of all insurance policies in effect for the duration of the Project. (D) Neither the City nor any of its officials, officers, employees, agents or volunteers shall be personally responsible for any liability arising under or by virtue of this Agreement. (E) The limits set forth herein shall apply separately to each insured against whom claims are made or suits are brought, except with respect to the limits of liability. Further the limits set forth herein shall not be construed to relieve the Consultant from liability in excess of such coverage, nor shall it limit the Consultant’s indemnification obligations to the City and shall not preclude the City from taking such other actions available to the City under other provisions of the Agreement or law. (F) Consultant shall report to the City, in addition to Consultant’s insurer, any and all insurance claims submitted by Consultant in connection with the Services under this Agreement.

  • Additional Insureds City, its officers, officials, employees, agents, and volunteers must be named as additional insureds with respect to any policy of general liability, automobile, or pollution insurance specified as required in Exhibit B or as may otherwise be specified by City’s Risk Manager.. The general liability additional insured coverage must be provided in the form of an endorsement to the Consultant’s insurance using ISO CG 2010 (11/85) or its equivalent; such endorsement must not exclude Products/Completed Operations coverage.

  • Life Insurance Benefits A. During the life of this Agreement, the basic life insurance benefit made available to Faculty members shall be calculated as 3 times base annual earnings, rounded to the next highest $1,000, but not more than $225,000. A separate additional benefit up to the amount of the life insurance will be paid for accidental death and dismemberment, or loss of sight. The amount of Life and Accidental Death and Dismemberment/Loss of Sight benefits will be reduced to 65% at age 65, and further reduced (from the original insurance amount) as follows: to 50% at age 70, and 35% at age 75. Basic life insurance and AD&D benefits will be provided with no employee contributions. B. Faculty members will be eligible to purchase the following supplemental coverage: 1. additional amounts of group term life insurance at a level of between one and three (3) times the Faculty member’s annual salary with a maximum of $600,000. The guaranteed issue level at initial enrollment will be determined by the life insurance carrier and any amounts over the guaranteed level will be subject to the underwriting requirements of the life insurance carrier. 2. group term life insurance for spouses and domestic partners at a level of between one (1) and three (3) times annual salary with a maximum of $600,000. The guaranteed issue level at initial enrollment will be determined by the life insurance carrier and any amounts over the guaranteed level will be subject to the underwriting requirements of the life insurance carrier. 3. group term life insurance for eligible dependent children at a level of $10,000.

  • Additional Insurance Requirements (a) All insurance policies required by Section 7.01 shall be issued by responsible companies authorized to issue insurance in the Commonwealth of Virginia, and have an AM Best rating of not less than A:VI (or other similar rating in the event an AM Best rating is no longer available). (b) The FCRHA and Tenant shall cooperate in connection with the adjustment and collection of any insurance recoveries that may be due in the event of loss, and Tenant shall execute and deliver to the FCRHA such proofs of loss and other instruments which may reasonably be required for the purpose of obtaining the recovery of any such insurance moneys. (c) Tenant shall not carry separate liability or property insurance concurrent in form or contributing in the event of loss with that required by this Lease to be furnished by Tenant, unless the FCRHA and any other parties designated by the FCRHA with a bona fide insurable interest are included therein as additional insureds with respect to liability and loss payees with respect to property, as their interests may appear, with loss payable as provided in this Lease. Tenant shall immediately notify the FCRHA of the carrying of any such separate insurance and shall cause copies of the declaration page(s) of the same to be delivered as in this Lease hereinafter required. (d) Tenant shall provide written notice to the FCRHA promptly after Tenant is aware that any insurance claim or insurance proceeding has been filed against Tenant. (e) Tenant shall procure policies for all such insurance required by any provision of this Lease for periods of not less than one (1) year (if such policy term is customary and available) and shall procure renewals or replacements thereof from time to time and deliver evidence of the same to the FCRHA at least thirty (30) days before the expiration thereof. If Tenant shall fail to procure any such policies or renewals thereof in accordance herewith, the FCRHA may procure the same, and Tenant shall be obligated to reimburse the FCRHA as Additional Costs hereunder for all costs incurred by the FCRHA in connection therewith.

  • Additional Insurance Obligations Tenant shall carry and maintain during the entire Lease Term, at Tenant’s sole cost and expense, increased amounts of the insurance required to be carried by Tenant pursuant to this Article 10 and such other reasonable types of insurance coverage and in such reasonable amounts covering the Premises and Tenant’s operations therein, as may be reasonably requested by Landlord or Landlord’s lender, but in no event in excess of the amounts and types of insurance then being required by landlords of buildings comparable to and in the vicinity of the Building.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Optional Insurance Landlord may maintain such additional insurance with respect to the Building and the Complex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

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