Benefits and Compensation. (i) C&A Products shall establish, effective as of the Closing Date, employee compensation and benefit plans, programs, policies and arrangements (including fringe benefits and severance pay) that will provide benefits and compensation to the Transferred Employees that are for a period of at least one year after the Closing Date (or such longer period as may be required by applicable Law) substantially comparable in the aggregate to those provided by Bison Subsidiaries to the Transferred Employees immediately prior to the Closing Date. Notwithstanding anything to the contrary contained in this Agreement, C&A Products shall not terminate any Stand-Alone Pension Plan assumed pursuant to Section 5.7(c)(i) or any pension plan into which Parent has caused assets to be transferred pursuant to Section 5.7(c) for a period of at least 12 months after the Closing Date.
(ii) C&A Products shall assume responsibility for providing all Former Employees (including all Former Employees or Employees who are on long-term disability as of the Closing Date) with all medical (including Medicare Part B), dental and life insurance benefits being provided by Parent or any Affiliate of Parent for Former Employees as of the date hereof for a period of at least 12 months.
(iii) Following the Closing Date, with respect to each employee benefit plan in which any Transferred Employee participates, for purposes of determining eligibility to participate, vesting and entitlement to benefits, including severance benefits and vacation entitlement (but not accrual of pension benefits), service with the Bison Subsidiaries (or predecessor employers to the extent the Bison Subsidiaries provided past service credit) shall be treated as service with C&A Products; provided, however, that such service shall not be recognized to the extent that such recognition would result in a duplication of benefits. Such service shall also apply for purposes of satisfying any waiting periods, evidence of insurability requirements or the application of any pre-existing condition limitations. Each such plan shall waive pre-existing condition limitations to the same extent waived under the applicable plan of the Bison Subsidiary. Transferred Employees shall be given credit under the applicable plan of Holdings or any Affiliate thereof for amounts paid under a corresponding benefit plan during the same period for purposes of applying deductibles, co-payments and out-of-pocket maximums as though such amounts had been ...
Benefits and Compensation. I understand that compensation and benefit plans will remain the same when I remote work because the job responsibilities of remote workers and on-site workers remain the same. · I understand that Xxxxxxx University’s paid time off policies apply to me while I remote work. I must record and use paid time off for all variations from my regular work schedule, whether those variations occur while I am at my remote work location or elsewhere. · I understand that I will continue to be covered under Xxxxxxx University’s workers’ compensation policy for injuries arising out of and in the course and scope of my employment and during work hours and in the designated work area of the home. I agree to promptly advise my supervisor and file a claim if I am injured on the job and will do so as soon as possible after the injury occurs. · I understand that Xxxxxxx University is not liable for injuries occurring in my home workspace when I am not engaged in work. Further, Xxxxxxx University is not liable for loss, destruction, or injury that may occur in, to, or around my home, including to family members or visitors. · To ensure accurate recordkeeping regarding the location of employees and to minimize expenses and liabilities for the University, I understand that my work location where I will perform all remote work must be in the same state as the office to which I report other than required business travel unless a different state is identified immediately below and my supervisor approves this Agreement. The full address of my authorized work location is: · I understand that, if I am non-exempt, I am authorized to work only at the above location unless specifically authorized by my supervisor to work while traveling and then only to the extent authorized. · I understand that, if I am an exempt employee, I am expected to regularly work at the above location, except as needed to meet the requirements of my job or to travel for business.
Benefits and Compensation. Except as otherwise provided in this Agreement, you will continue to participate in the employee benefit plans maintained by the Company during the remainder of your employment in accordance with the applicable terms of each plan. You will cease to participate in such plans effective with the Separation Date or such earlier date as provided in the applicable employee benefit plan. In the event you terminate your employment before the Transition Date or Separation Date, as applicable, the benefits, compensation and other rights described below will terminate as of such earlier termination date.
Benefits and Compensation. I will receive a one-time stipend for my Learning Assistant position. This stipend will be dispersed as a scholarship on KSIS during the first week of October. Because the scholarship is deposited to KSIS, I understand that if I have an outstanding balance, it will apply to that balance. If I have no outstanding balance, this will either be issued to me via a check or direct deposit depending on my KSIS preferences. In February prior to employment, we will share the stipend amount with Financial Aid so that your cost of attendance is adjusted appropriately. This stipend will be $700 for CAT Community Learning Assistants and $850 for EDCEP 111 Learning Assistants. In addition to my financial compensation, additional benefits I will receive include: Leadership training and development Personal and intercultural development Enhanced communication skills Experience with project management and co-curricular experiences Knowledge of campus resources and community connections A supervision team who will advocate for you, write letters of recommendation, and provide holistic support The opportunity to gain additional training and support with job search materials (resumes, cover letters, interviewing, and more)
Benefits and Compensation applies.
Benefits and Compensation. 1. The base annual salary effective July 1, 2018, is TWO HUNDRED FIVE THOUSAND DOLLARS ($205,000) during the term of this Agreement.
2. The Superintendent shall be entitled to participate in the same health insurance plans outlined in the prevailing school system negotiated agreement for the Board’s other administrative and supervisory employees, and the Board agrees to pay the full costs of such health insurance coverage for the Superintendent and the Superintendent’s family during the term of this Agreement.
3. The Board agrees to provide the Superintendent with a school system vehicle in accordance with Maryland law, current school system vehicle use guidelines, and IRS personal use requirements. Indemnity and collision insurance shall be covered by the Board’s insurance carrier. The parties agree to consider amending this provision in February, 2021, to implement a car allowance in lieu of the Board providing a school system vehicle.
4. The Superintendent shall accrue annual leave at the rate of twenty-five (25) days per year. At the Superintendent’s sole discretion, earned, but unused annual leave may be redeemed for cash by the Superintendent, at any time, at the most recent per diem rate for such leave based upon the Superintendent’s current base salary. Alternatively, he may redeem such earned, but unused annual leave, by contributing the value, as described above, to a section 403b retirement plan established by the School System. Any accumulated annual leave balances in excess of 50 days shall be redeemed at the end of every fiscal year, for cash or as a contribution to the 403b plan, as directed by the Superintendent.
5. The Superintendent shall accrue sick leave at the rates and values outlined in the prevailing School System Negotiated Agreement for the Board’s other administrative and supervisory employees (CASA Agreement). The Superintendent shall also be entitled to one (1) additional day per month of sick leave in addition to the sick leave provided in the CASA Agreement.
6. The Superintendent shall be permitted to telecommute for up to five (5) days per year.
7. The Board agrees to provide term life insurance, with double indemnity for accidental death, for the Superintendent in an amount equal to one hundred fifty percent (150%) of base compensation (salary) during the term of this Agreement.
8. The Board agrees to reimburse the Superintendent up to SIXTEEN THOUSAND DOLLARS ($16,000.00) per year for contributions made by the Superintende...
Benefits and Compensation. Benefits 25-27 16.2 Compensation 27-33 16.3 Retirement Benefit 33-34 16.4 Payment for Accumulated Sick Leave 34 ARTICLE 17 PERFORMANCE REVIEW AND COMPENSATION FOR INTERSCHOLASTIC COACHES 17.1 Performance Review for Coaching Interscholastic Athletics 34 17.2 Compensation of Interscholastic Coaches 35 17.3 New Coaching Positions 35 17.4 Time of Payment 35 17.5 Compensation for Intramural/Extramural Activities 36 ARTICLE 18 EXTRA CURRICULAR ACTIVITIES REVIEW COMMITTEE AND ADVISOR COMPENSATION 18.1 Purpose 36 18.2 Composition 36 18.3 Definition 36 18.4 Calendar Process 37 18.5 Process for Appointing Tier I Advisors 37 18.6 Appeals Process 38 18.7 Compensation for Advisors 38 18.8 Compensation for Drama / Musical Productions 38 18.9 Compensation for Supervisory Duties 38 18.10 Payment Process 38 ARTICLE 19 PHYSICAL THERAPISTS AND OCCUPATIONAL THERAPISTS 19.1 Articles Pertaining to PT and OT Staff 39 ARTICLE 20 GENERAL 20.1 Savings Clause 40 20.2 School District Policy 40 20.3 Required Statement 40 ARTICLE 21 DURATION 21.1 Duration 40 APPENDIX A Teacher Evaluation and Improvement Annual Professional Performance Review 41 Section 1: Purpose of Evaluation 41 Section 2: Evaluation 41 Section 3: Induction and Evaluation for Non-Tenured Teachers 42-44 Section 4: Professional Evaluation for Tenured Teachers 45-47 Section 5: Targeted Assistance for Tenured Teachers 47-48 Section 6: Appeals Process 48-50 APPENDIX B Grievance Form 51 Grievance Timeline 52 APPENDIX C Application for Approval of Extra-curricular Activities 53 APPENDIX D Bachelor’s Salary Schedules 54 Master’s Salary Schedule 55 APPENDIX E NCSD Coaches Salary Schedule – 2021-2022 56 NCSD Coaches Salary Schedule – 2022-2023 57 NCSD Coaches Salary Schedule – 2023-2024 58 NCSD Coaches Salary Schedule – 2024-2025 59 NCSD Coaches Salary Schedule – 2025-2026 60 APPENDIX F Extra-Curricular Activities 61 Musicals / Drama 62 Miscellaneous Rates 63
Benefits and Compensation. The Company shall assume responsibility for providing all Former Employees (including all Former Employees and Employees who are on long-term disability as of the Closing Date) with all retiree medical (including Medicare Part B), dental and life insurance coverage for which they are or may become eligible under any retiree medical, dental or life insurance program of Parent or any Subsidiary of Parent for Former Employees in effect as of the date hereof. The Company shall assume responsibility for providing any retiree medical (including Medicare Part B), dental and life insurance bene- fits to the Employees, and the Company shall reimburse Parent for 42.01% of its actual out-of-pocket cost attributable to retiree medical (including Medicare Part B), dental and life insurance benefits for which the Corporate Employees are or may become entitled after the Closing Date under any retiree medical, dental or life insurance program of Parent or any Subsidiary of Parent as in effect as of the date hereof.
Benefits and Compensation. (i) Each Continuing Employee shall during the period beginning on the Closing Date and continuing thereafter through December 31, 2021 be employed on terms and conditions of employment, including compensation and benefits (including severance benefits), that are no less favorable in the aggregate than those in effect immediately prior to the Closing, except in the case of compensation reductions for similarly situated TAO Employees (by Venue, city or class of employee) implemented by TAO in response to COVID-19. TAO shall, and shall cause its Subsidiaries (including, following the Closing, the Hakkasan Contributed Entities) to, provide to each Continuing Employee initial terms and conditions of employment, including compensation and benefits, in each case, sufficient to avoid any violation of applicable Law, or the breach of any applicable employment agreement, or Collective Bargaining Agreement or the triggering (through December 31, 2021) of statutory or common law severance, redundancy or separation benefits or any other legally mandated payment obligations in effect as of the Closing. TAO shall pay, or shall cause its Subsidiaries (including, following the Closing, the Hakkasan Contributed Entities) to pay, the employees listed on Section 3.14(n) of the Hakkasan Parent Disclosure Schedule (i) the amounts set forth on Section 3.14(n) of the Hakkasan Parent Disclosure Schedule opposite their respective names, which shall be paid as soon as reasonably practicable following the Closing, and (ii) pro-rated annual bonuses for the 2021 calendar year for the period beginning on the day after the Closing Date and continuing thereafter through December 31, 2021 in accordance with TAO’s bonus program or, if applicable, the employment agreement covering such employee; provided, that with respect to the employees listed on Section 3.14(n) of the Hakkasan Parent Disclosure Schedule whose employment agreements in effect as of the Closing do not include an annual bonus entitlement, and to the extent (x) the employment agreements covering such employees entered into following the Closing do not include an annual bonus entitlement, or (y) such employees do not enter into a new employment agreement following the Closing, the portion of the annual bonus paid for such period shall be no less than the amount such employee would have received under the annual bonus plan of the Hakkasan Contributed Entities in effect for such employee as of immediately prior to the Closing.
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Benefits and Compensation. (i) Except in the ordinary course of business or as required under the terms of any Company Employee Plan, in each case as in effect on the date hereof, grant or announce any incentive awards or any increase in the salaries, bonuses or other compensation and benefits payable by the Company to any of the employees, officers, directors or other service providers of the Company, provided, however, that Company shall be permitted to increase the salaries of its employees in the ordinary course of business consistent with past practice, (ii) materially increase the benefits under any Company Employee Plan, (iii) enter into or amend any employment, change in control, severance, retention or similar contract with any officer, employee, consultant or other agent of the Company, or (iv) adopt, enter into, terminate or amend any Company Employee Plan or other arrangement for the current or future benefit or welfare of any officer or employee of the Company;
