Alternative Contribution Sample Clauses

Alternative Contribution. If the indemnification provided for in this Agreement is unavailable to the indemnified parties with respect to any of the claims referred to therein, then Contractor, in lieu of indemnifying the indemnified parties shall contribute to the amount paid or payable by the indemnified parties as a result of such claims arising in favor of any person, corporation or other entity including the parties hereto and their employees, contractors and agents and the indemnified parties, on account of personal injuries or death or damages to property in anywise incident to or in connection with or arising out of (a) this Agreement, (b) the presence of Contractor or its employees, contractors or agents on Company's Premises, or (c) the act or omission of Contractor, its employees or agents, in proportion to Contractor's relative fault in causing such claims. It is the intention of Contractor to contribute to the amount paid or payable by the indemnified parties pursuant to this provision regardless of whether the claims arise in part from the negligence of the indemnified parties or whether the indemnified parties are more than 50% at fault. Although Contractor is a subscriber under a worker's compensation act, disability act or other employee benefit act which would limit the amount or type of damages, compensation or benefits payable by or for Contractor, Contractor expressly assumes liability pursuant to this paragraph of any and all claims against the indemnified parties in such proportion as is appropriate to reflect Contractor's relative fault in causing such claims arising in favor of Contractor's employees and its employees' representatives and beneficiaries even if such claims arise in part from the negligence of the indemnified parties and even if the indemnified parties are more than 50% at fault. Although pursuant to Paragraph 22 hereof Contractor has caused the Company, its parent and affiliated companies to be named an additional insured under Contractor's policies of insurance, Contractor's liability under this Paragraph 21 shall not be limited to the liability limits set forth in such policies.
AutoNDA by SimpleDocs

Related to Alternative Contribution

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Payment of Contributions The College and eligible academic staff members shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

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