Authorized Payment for Pension and Benefits Sample Clauses

Authorized Payment for Pension and Benefits. ‌ The parties agree that, notwithstanding the provisions set out in the Collective Agreement, the Employer may institute a system of automatic bank withdrawal for payment of the Employee’s required pension contributions and benefits premiums during an employee’s leave of absence. Should such a system be implemented, Employees continuing benefits coverage or pension contributions during a leave of absence shall make payment by authorizing the Employer to make the required deductions from the Employee’s bank account.
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Authorized Payment for Pension and Benefits. The parties agree that, notwithstanding the provisions set out in the Collective Agreement, the Employer may institute a system of automatic bank withdrawal for payment of the Employee’s required pension contributions and benefits premiums during an employee’s leave of absence. Should such a system be implemented, Employees continuing benefits coverage or pension contributions during a leave of absence shall make payment by authorizing the Employer to make the required deductions from the Employee’s bank account. THIS AGREEMENT WAS SIGNED AT LONDON, ONTARIO, THIS 18th DAY OF, 2016. FOR CANADIAN BLOOD SERVICES FOR THE UNION Xxxx Xxxxxxx Xxxx Xxxxxxxxx Labour Relations Officer Xxxxx Xxxxxxx Xxxxx Lobodzinksi Xxxx Xxxxx Xxxxx Xxxxxxx X. Xxxxxxx MEMORANDUM OF AGREEMENT Between: CANADIAN BLOOD SERVICES, LONDON And: ONTARIO NURSES' ASSOCIATION Re: Donor Screening Whereas employees not included in the bargaining unit will perform donor screening; Therefore, the Parties hereby agree to the following:
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Authorized Payment for Pension and Benefits. The parties agree that, notwithstanding the provisions set out in the Collective Agreement, Employees continuing benefits coverage or pension contributions during a leave of absence shall make payment by authorizing the Employer to make the required deductions from the employee’s bank account. Letter of Understanding between Canadian Blood Services and Manitoba Government and General Employees’ Union Re: Wage Tier Progression for Donor Care Associates The parties hereby agree to the following: A Donor Care Associate who has completed neither Phlebotomy nor Donor Screening training shall be placed on tier 2 of the Donor Care Associate wage scale upon commencement of either Phlebotomy or Donor Screening training.
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Authorized Payment for Pension and Benefits. The parties agree that, notwithstanding the payment provisions set out in Articles 14 and 16, the Employer may institute a system of automatic bank withdrawal for payment of the Employee’s share of pension contributions and benefits premiums. Should such a system be implemented, Employees continuing benefits coverage or pension contributions in accordance with Article 15.01 – Pregnancy Leave or 15.02 Parental Leave or 17.02 – Workplace Safety and Insurance shall make payment by authorizing the Employer to make the required deductions form the Employee’s bank account. DATED THIS 16th DAY OF January 2023. FOR THE EMPLOYER: FOR THE UNION: Xxxx Xxxxx Xxxxxxxx Xxxxxxxx Labour Relations Officer Xxx Xxxxxx Xxx Xxxxxxxxxxx, BUP Xxxxxxxx Xxxxx MEMORANDUM OF AGREEMENT Between: CANADIAN BLOOD SERVICES OTTAWA BLOOD SERVICES CENTRE (Hereinafter referred to as the “Employer") And: ONTARIO NURSES’ ASSOCIATION (Hereinafter referred to as the “Union")
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Authorized Payment for Pension and Benefits. The parties agree that, notwithstanding the payment provisions set out in Articles 14 and 16, the Employer may institute a system of automatic bank withdrawal for payment of the employee’s share of pension contributions and benefits premiums. Should such a system be implemented, employees continuing benefits coverage or pension contributions in accordance with Article
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Authorized Payment for Pension and Benefits. The parties agree that, notwithstanding the payment provisions set out in Articles 14 and 16, the Employer may institute a system of automatic bank withdrawal for payment of the employee’s share of pension contributions and benefits premiums. Should such a system be implemented, employees continuing benefits coverage or pension contributions in accordance with Article 14.07 (f) – Pregnancy Leave or 14.08 (e) Parental Leave or 16.03 (b) – Workplace Safety and Insurance shall make payment by authorizing the Employer to make the required deductions from the employee’s bank account. SIGNED AT , ONTARIO THIS DAY OF , 2022.
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Related to Authorized Payment for Pension and Benefits

  • PENSION AND BENEFITS 26:01 Employees are eligible to participate in the Pension Plan; Long Term Disability Plan; Group Life and Survivor Income Plan; Dental Care Plan; Extended Health Care Plan; Semi-Private Hospital Accommodation Plan; Joint Membership Plan; and Vision Care Plan, as summarized in Schedules “B” to “I” attached hereto.

  • Compensation and Payment Terms A. Subject to the satisfactory performance of the services required of Contractor pursuant to this Agreement, and to the terms and conditions set forth in this Agreement, and following Contractor’s submission of an appropriate claim, and such other documentation that the County may require, County shall pay Contractor according to the terms set forth in Exhibit C, Terms of Payment. Contractor agrees to accept the foregoing payments as full and complete payment for all services provided pursuant to this Agreement, irrespective of whether the cost of such services and related administrative expenses exceed such payments.

  • REASONS FOR AND BENEFITS OF THE DISPOSAL The Board considers that the online media advertising agency business operated by Xxxx Media is not the core business that the Group is focusing on. The disposal of Xxxx Media will allow the Group to concentrate its financial and management resources on its core business, hence would effectively reduce the Group’s operating risks outside its main business. The Directors (including the independent non-executive Directors but excluding Xx. Xxx who has abstained from voting in the Board), are of the view that the terms of the Equity Transfer Agreement are fair and reasonable and the transaction contemplated thereunder is on normal commercial terms or better and is in the interests of the Company and its shareholders as a whole. FINANCIAL EFFECTS OF THE DISPOSAL AND USE OF PROCEEDS Upon completion of the Disposal, Xxxx Media will cease to be a subsidiary of the Company and the Group will cease to have any interest in Xxxx Media. The financial results of Xxxx Media will no longer be consolidated into the financial statements of the Group. With reference to the net assets of Xxxx Media of approximately RMB57.9 million as at 30 April 2021, the Group is expected to record a net gain of approximately RMB10.3 million from the Disposal after deducting expenses in relation to the Disposal. The actual gain or loss from the Disposal may be different from the above and subject to the review and final audit by the Company’s auditor. It is expected that the net proceeds from the Disposal will be used for re-investment for other potential investments and/or business opportunities that may arise and as general working capital of the Group. INFORMATION OF THE PARTIES The Group The Company is a company incorporated in the Cayman Islands with limited liability, and the shares of which are listed on the Main Board of the Stock Exchange. The Group is principally engaged in (i) the construction and operation of B2B e-commerce platforms for the trading of, among others, consumer goods, agricultural products, chemicals, plastic raw materials, and black and non-ferrous metals; and (ii) the provision of related services such as finance, logistics, cross-border trading, warehousing and supply chain management in the PRC. The Group is also engaged in the development and operation of large-scale, consumer product-focused wholesale shopping malls in the PRC. The Purchaser Xxxx Venture is a company established under the laws of the PRC with limited liability and principally engages in the provision of venture capital consulting services and venture management services for venture enterprises. As at the date of this announcement, the Purchaser is held as to 99.95% by Xx. Xxx, who is the ultimate beneficial owner of the Purchaser. Xxxx Media Xxxx Media is a company established in the PRC with limited liability and is an indirect non- wholly-owned subsidiary of the Company. Xxxx Media principally engages in the provision of online advertising and integrated marketing solutions consulting services in the PRC. As at the date of this announcement, Xxxx Media is owned as to 86%, 3.6324%, 3.6324%, 3.6317%, 1.7414% and 1.3621% by the Company, Xxx Xxx (劉焱), Xxxx Xxxxxxxxx (趙向東), Xxxx Xxxxxx (陳作濤), Xxxx Xxxxx (陳程) and Xx Xxxxxxx (齊志平), respectively. Set out below is the unaudited financial information of Xxxx Media for the year ended 31 December 2019 and the financial information of Xxxx Media for the year ended 31 December 2020 which is obtained from the Group’s audited consolidated financial statements: For the year ended 31 December 2020 2019 RMB’000 RMB’000 Revenue 32,486 10,711 Net profit before taxation 8,334 2,050 Net profit after taxation 6,210 1,967 The net asset value of Xxxx Media as at 30 April 2021 was approximately RMB57,871,000. LISTING RULE IMPLICATIONS As at the date of this announcement, Xx. Xxx holds 99.95% equity interest in the Purchaser. Xx. Xxx is an executive Director, co-chairman of the Board, co-chief executive officer and a controlling shareholder (as defined under the Listing Rules) of the Company. Accordingly, the Purchaser is a connected person of the Company and the Disposal constitutes a connected transaction of the Company. As one or more of the applicable percentage ratios in respect of the Disposal is higher than 0.1% but less than 5%, the Disposal is subject to the reporting and announcement requirements and is exempt from the circular, independent financial advice and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

  • COMPENSATION AND PAYMENTS 1.1 The Owner shall pay the Contractor to furnish all labor, equipment, materials and incidentals necessary for the construction of the Work described in the Specifications and shown on the Drawings the Contract Amount as shown below. Base Bid $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Total Contract Amount $0.00

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • Compensation and Payment 3.1 Contractor’s fees shall be calculated at the rates set forth in the attached Exhibit

  • PAY, HOURS AND BENEFITS III.A. WAGES

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

  • Extension of Benefits Upon termination of insurance, whether due to termination of eligibility, or termination of the Contract, an extension of benefits shall be provided for a period of no less than 30 days for completion of a dental procedure that was started before Your coverage ended.

  • Salary and Benefits During the term of this Agreement:

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