Board Paid Benefits Sample Clauses

Board Paid Benefits. The District shall pay the cost of Board-required physicals requested after the initial employment requirements. This provision shall not apply to physicals required or requested as a result of any workers compensation claim. (2006-07)
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Board Paid Benefits. 1. The board shall pay one hundred twenty-five ($125) dollars per credit hour as an incentive for continuing education. A teacher applying for the educational incentive must make application to the superintendent prior to enrollment. The incentive will be paid upon proof of successful completion of the course in the form of a grade card or college transcript. 2. A fringe benefit of $495 per month for health insurance will be added for any certified employee covered by this agreement that chooses to take the group health insurance plan. This is a "take it or leave it" plan for health insurance only. The health insurance policy will be reviewed and ratified annually by the board, administration and the local teacher association. 3. Board paid $10,000 life insurance policy 4. Section 125 Cafeteria Plan
Sample 1
Board Paid Benefits. 1. The board shall pay up to one hundred twenty-five ($125) dollars per credit hour as an incentive for continuing education. A teacher applying for the educational incentive must make application to the superintendent prior to enrollment. The incentive will be paid upon proof of successful completion of the course in the form of a grade card or college transcript for the amount paid for each credit hour up to $125. 2. A fringe benefit of $725 per month for health insurance will be added for any certified employee covered by this agreement that chooses to take the group health insurance plan. This is a "take it or leave it" plan for health insurance only. The health insurance policy will be reviewed and ratified annually by the board, administration and the local teacher association. 3. Board paid $10,000 life insurance policy 4. Section 125 Cafeteria Plan
Sample 1
Board Paid Benefits. 100% Blue Cross/Blue Shield, Rider J, Major Medical - Full Family • 100% Dental Plan - Full Family • $10/15 Prescription Plan - Full Family [Employees who decline prescription benefits will receive 30% of the cost of the premium for the appropriate prescription plan. Payment will be made to the employee in June of the year in which the plan was declined.] • Flex Plan - The Board shall offer a voluntary health care reimbursement account and/or dependent care reimbursement account as provided in a Section 125 Plan. Employees would be allowed to make pre-tax contributions to these accounts. The Board will pay for all administrative and monthly fees associated with the flex plan for all custodial/maintenance employees who choose to participate. Board of Education sponsorship of this plan is contingent upon a minimum districtwide participation of 20 employees by the end of the 05-06 school year.
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Board Paid Benefits. The Interlocal shall pay the cost of Board-required physicals requested after the initial employment requirements. This provision shall not apply to physicals required or requested as a result of any workers compensation claim.
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Board Paid Benefits 
Sample 1

Related to Board Paid Benefits

  • Compensation and Benefits Subject to the terms and conditions of this Agreement, during the Employment Period, while Executive is employed by the Employer, the Employer shall compensate Executive for Executive’s services as follows for periods following the Effective Date: (a) Executive shall be compensated at an annual rate of $290,000 (the “Annual Base Salary”), which shall be payable in accordance with the Employer’s normal payroll practices as are in effect from time to time. Beginning on January 1, 2012 and on each anniversary of such date, Executive’s rate of Annual Base Salary shall be reviewed by the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company (the “Board”), and following such review, the Annual Base Salary may be adjusted upward but in no event will it be decreased. (b) Executive shall be entitled to receive performance based annual incentive bonuses (each, the “Incentive Bonus”) from the Employer for each fiscal year ending during the Employment Period. Any such Incentive Bonus shall be paid to Executive within thirty (30) days of the completion of the annual audit by the Company’s auditor, but in no event later than two and one-half months after the close of each such fiscal year. Executive’s target Incentive Bonus shall be not less than forty percent (40%) of the Annual Base Salary, which Incentive Bonus shall be determined by specific performance criteria established from time to time by the Compensation Committee. (c) Executive shall be eligible to participate, subject to the terms and conditions thereof, in all other incentive plans and programs, including such cash and deferred bonus programs and equity incentive plans as may be in effect from time to time with respect to senior executives employed by the Employer on as favorable a basis as provided to other similarly situated senior executives. Executive and Executive’s dependents, as the case may be, shall be eligible to participate in all pension and similar benefit plans (qualified, non-qualified and supplemental), profit sharing, 401(k), as well as all medical and dental, disability, group and executive life, accidental death and travel accident insurance, and other similar welfare benefit plans and programs of the Employer, subject to the terms and conditions thereof, as in effect from time to time with respect to senior executives employed by the Employer on as favorable a basis as provided to other similarly situated senior executives. (d) Executive shall be entitled to accrue vacation at a rate of no less than four (4) weeks paid vacation for each calendar year, subject to the Employer’s vacation programs and policies as may be in effect during the Employment Period. (e) Executive shall be reimbursed by the Employer, on terms and conditions that are substantially similar to those that apply to other similarly situated executives of the Employer, for reasonable out-of-pocket expenses for entertainment, travel, meals, lodging and similar items which are consistent with the Employer’s expense reimbursement policy and actually incurred by Executive in the promotion of the Employer’s business.

  • 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.

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