Common use of Company Contributions Clause in Contracts

Company Contributions. The company shall pay the full premium for the applicable coverage of an employee under the group insurance contract: (a) for any month he/she receives pay from the company for any time during such month, and (b) for life insurance provided after the month in which the employee becomes age 65 if he/she is insured at age 65. The company shall also pay the full premium for the applicable coverages for periods during which coverages are continued under section 14 without cost to the employee and shall pay the portions of the premium not covered by employee contributions for periods during which coverages are continued under section 14 by employee contributions.

Appears in 4 contracts

Samples: Supplemental Agreement, Agreement Concerning the Supplemental Unemployment Benefit Plan, the Separation Payment Plan, and the Automatic Short Week Benefit Plan, Collective Bargaining Agreement

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Company Contributions. The company Company shall pay the full premium for the applicable coverage of an employee under the group insurance contract: (a) for any month he/she receives pay from the company Company for any time during such month, and (b) for life insurance provided after the month in which the employee becomes age 65 if he/she is insured at age 65. The company shall also pay the full premium for the applicable coverages for periods during which coverages are continued under section 14 Section 12 without cost to the employee and shall pay the portions of the premium not covered by employee contributions for periods during which coverages are continued under section 14 Section 12 by employee contributions.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Company Contributions. The company shall pay the full premium for the applicable coverage of an employee under the group insurance contract: (a) for any month he/she receives pay from the company for any time during such month, and (b) for life insurance provided after the month in which the employee becomes age 65 if he/she is insured at age 65. The company shall also pay the full premium for the applicable coverages for periods during which coverages are continued under section 14 12 without cost to the employee and shall pay the portions of the premium not covered by employee contributions for periods during which coverages are continued under section 14 12 by employee contributions.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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