Benefits Accrued Sample Clauses

Benefits Accrued. When an employee is on paid sick leave all benefits of the Agreement shall continue to accrue.
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Benefits Accrued. When an employee is on paid sick leave all benefits of the Agreement shall continue to accrue. Expiration of Credits The Employer may approve an advance of leave credits for an employee for up to fifteen (15) days where the employee has not accumulated enough leave credits for the leave requires. In determining whether to grant an advance of leave credits, the Employer shall consider the length of service of the employee and the Employer’s capacity to secure reimbursement from the employee. An advance of leave credits shall be reimbursed to the Employer by deduction from future leave credits or, where the employee’s service is terminated before the advance is repaid, by deduction from compensation owed to the employee. Where employment is terminated by death, the employee is deemed to have earned the amount of any leave with pay advanced to Enforceable Legal Claims If an employee has received sick leave with pay and has a legally enforceable claim to compensation or damages for earnings lost during the said period from any third party other than the employee’s own insurer under a contract of insurance, the employee shall at the request and expense of the Employer, take all steps reasonably necessary to enforce the said claim. If the employee receives any payment on of earnings as a result of such claim, the employee shall pay to the Employer so much of the sick payment as relates to the sick leave pay received for the said period and upon so doing, shall receive sick leave for the number of days represented by such payment. The employee shall have the option of declining to enforce any legal claim by foregoing any claim they may have against the Employer for paid sick leave during the period which gave rise to the enforceable legal claim. Additional Leave Employees who continue to be off work following the expiration of their paid sick leave, shall be placed on leave of absence without pay for up to (28) calendar days. If the employee requires additional unpaid leave this must be requested in writing prior to the expiration of the aforementioned twenty-eight (28) calendar days and such additional unpaid leave shall not be unreasonably denied. Employees on such leave must maintain contact with their Employer and indicate their expected date of return at least one week in advance. Appointments Where it is not possible to arrange medical, dental or paramedical appointments outside normal working hours, time off work will be granted by the Employer and such ho...
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Benefits Accrued. When an employee is on paid sick leave all benefits of the Agree- Expiration of Credits Absence due to sickness in excess of accumulated leave credits shall be treated as unpaid leave of absence in accordance with Article
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Benefits Accrued prior to being granted temporary disability leave shall be retained, but additional benefits shall not be accrued while on leave.
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Benefits Accrued. When an employee is on paid sick leave all benefits of the Agreement shall continue to accrue. Expiration of Credits to for The Employer may approve an advance of sick/special leave credits for an employee for up fifteen days where the employee has not accumulated enough sick/special leave credits the sick/special leave she/he requires. In determining whether to grant an advance of leave credits, the Employer shall consider the length of service of the employee and the Employer’s capacity to secure reimbursement from the employee. An advance of sick/special leave credits shall be reimbursed to the Employer by deduction from future sick/special leave credits or, where the employee’s service is terminated before the advance is repaid, by deduction from compensation otherwise owed to the employee. Where employment is terminated by death, the employee is deemed to have earned the amount of any leave with pay advanced to her/him.
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Benefits Accrued but not used to the maximum extent allowed in Section 11.1, shall be pooled 29 and equally apportioned consistent with present District practice.
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Benefits Accrued up to the Closing Date to each Transferred Non-Represented Employee under Seller's Pension Plans (including any early retirement benefit or special retirement benefit for which the Transferred Employee has satisfied the eligibility conditions) shall be fully vested, regardless of the Transferred Employee's years of service with Seller, and Seller shall provide to Buyer a schedule listing such accrued benefits for each Transferred Employee within ninety (90) days after the Closing Date. Seller shall pay or cause to be paid to the Transferred Employees the benefits accrued under Seller's Pension Plans when the same shall be payable pursuant to the terms thereof, provided that any benefit enhancements to Seller's Pension Plans effective after the Closing Date shall not apply to such accrued benefits. A Transferred Employee who had not satisfied the eligibility conditions for any early retirement benefit or special retirement benefit as of the Closing Date but who subsequently completes sufficient service with Buyer to satisfy such eligibility conditions and takes early retirement within ten (10) years from the Closing Date shall receive from Seller a pro rata portion of such benefit based on the number of years of service with Seller compared to the total number of years of service required for such benefit.
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Benefits Accrued up to the Closing Date to each Transferred Bargaining Unit Employee under the Henkxx Xxxporation Consolidated Union Retirement Plan shall be fully vested, and Seller shall provide to Buyer a schedule listing such accrued benefits for each Transferred Bargaining Unit Employee within ninety (90) days after the Closing Date. Seller shall pay or cause to be paid to the Transferred Bargaining Unit Employees the benefits accrued under the Henkxx Xxxporation Consolidated Union Retirement Plan when the same shall be payable pursuant to the terms thereof, provided that any benefit enhancements to the Henkxx Xxxporation Consolidated Union Retirement Plan effective after the Closing Date shall not apply to such accrued benefits.
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Related to Benefits Accrued

  • Compensation Benefits and Reimbursement (a) The compensation specified under this Agreement shall constitute the salary and benefits paid for the duties described in Section 2. The Bank shall pay Executive as compensation a salary of not less than [$ ] per year (“Base Salary”). Such Base Salary shall be payable biweekly, or with such other frequency as officers and employees are generally paid. During the period of this Agreement, Executive’s Base Salary shall be reviewed at least annually. Such review shall be conducted by a committee designated by the Board, and the Bank may increase, but not decrease (except a decrease that is generally applicable to all employees) Executive’s Base Salary (with any increase in Base Salary to become “Base Salary” for purposes of this Agreement). Base Salary shall not include any director’s fees that the Executive is entitled to receive as a director of the Bank or any affiliate of the Bank. Such director’s fees shall be separately paid to the Executive. (b) Executive will be entitled to participate in and receive benefits under any employee benefit plans including, but not limited to, retirement plans, supplemental retirement plans, pension plans, profit-sharing plans, health-and-accident insurance plans, medical coverage or any other employee benefit plan or arrangement made available by the Bank currently or in the future to its senior executives and key management employees. Executive will be entitled to participate in any incentive compensation and bonus plans offered by the Bank in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement. (c) In addition to the Base Salary provided for by paragraph (a) of this Section 3, the Bank shall pay or reimburse Executive for all reasonable travel and other reasonable expenses incurred by Executive performing his obligations under this Agreement and may provide such additional compensation in such form and such amounts as the Board may from time to time determine. The Bank shall reimburse Executive for his ordinary and necessary business expenses including, without limitation, fees for memberships in such clubs and organizations as Executive and the Board shall mutually agree are necessary and appropriate for business purposes, and travel and entertainment expenses, incurred in connection with the performance of his duties under this Agreement.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows: (a) The Manager shall (i) receive an annual cash base salary, payable not less frequently than semi-monthly, which is not less than the annualized cash base salary payable to Manager as of the Effective Date; (ii) be entitled to at least as favorable annual incentive award opportunity under the Company's annual incentive compensation plan as he did in the calendar year immediately prior to the year in which the Change of Control Event occurs; and (iii) be eligible to participate in all of the Company's long-term incentive compensation plans and programs on terms that are at least as favorable to the Manager as provided to the Manager in the four calendar years prior to the Effective Date. (b) The Manager shall be entitled to receive fringe benefits, employee benefits, and perquisites (including, but not limited to, vacation, medical, disability, dental, and life insurance benefits) which are at least as favorable to those made generally available as of the Effective Date to all of the Company's salaried managers as a group. In addition, the Manager shall be eligible to participate in the Company's Supplemental Retirement Income Program ("SRIP"). (c) Notwithstanding any other provision of this Agreement (whether in this Section 4, in Section 6, or elsewhere), (i) the Board of Directors may authorize an increase in the amount, duration, and nature of and/or the acceleration of any compensation or benefits payable under this Agreement, as well as waive or reduce the requirements for entitlement thereto and (ii) the Company may deduct from amounts otherwise payable to the Manager such amounts as it reasonably believes it is required to withhold for the payment of federal, state, and local taxes.

  • Compensation Benefits and Expenses During the Term, the Bank shall compensate the Executive for his services as provided in this Section 3. Unless otherwise determined by the Company Board, all payments and benefits provided in this Agreement shall be paid or provided solely by the Bank. Notwithstanding anything in this Agreement to the contrary, no provision of this Agreement shall be construed so as to result in the duplication of any payment or benefit. Unless otherwise determined by the Company Board, the Company’s sole obligation under this Agreement shall be to unconditionally guarantee the payment and provision of all amounts and benefits due hereunder to Executive, and the affirmative obligations of the Company as set forth at Section 3(h), herein, with respect to Indemnification, and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

  • Dental Benefits The County offers dental and orthodontic benefits to full and part-time regular employees and their eligible dependent(s). Benefit provisions, co­ payments and deductibles are outlined in the Evidence of Coverage. The employee contribution is $13 per pay period ($28.26 per month). The County shall contribute to part-time eligible employees on a pro-rated basis, in accordance with Section 10.2.6.

  • Benefits   on In the event of a lay-off of a full-time employee, the Hospital shall pay its share of insured benefits premium up to three (3) months from the end of the month in which the lay-off occurs or until the laid off employee is employed elsewhere, whichever occurs first.

  • SUPPLEMENTAL BENEFITS The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations in regard to maternity, parental and adoption leave. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Articles 17.06, 17.07 or 17.08.

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