Compensation from a Third Party. If an employee due to sickness, accident, assault or similar is entitled to compensa- tion from a third party for loss or impairment of his/her capacity to work, this right shall be transferred to the bank if the compensation is attributable to a period when sick pay or disability benefits are paid and an amount per time unit which corre- sponds to sick pay and the disability benefits during the same time unit. However, this does not apply if there is an entitlement due to voluntary insurance concluded by a salaried employee from his/her own pocket and which is not paid for by the bank. Thus, if the bank has received compensation from a third party, when calcu- lating the time the employee is entitled to sickness benefit, the number of days which corresponds to the sick pay which equals the same amount paid for by the third party must be deducted from the actual number of sick days during the last 12- month period. Employees may not without consent from the bank conclude a settlement which may have an impact on the bank's right in the first paragraph, first sentence, more- over, employees are obliged to submit to the bank the documents and information required to be able to enforce this right.
Compensation from a Third Party. When an employee is compensated by a third party for loss of salary due to complete or partial disability resulting from sickness or accident, the USSU will pay the difference between the employee's regular monthly pay and the payment, computed on a monthly basis, made by the third party during the period of disability or until the employee's accumulated sick leave has been used up. The reduction of accumulated sick leave in such cases will be made according to the following formula: The USSU may make advances to the employee pending settlement of the claim against a third party, to a maximum of the employee's sick leave. Where such advances are made, the employee will be required to sign a written agreement to immediately repay such advances and any additional benefit costs when settlement is obtained. Upon request of the USSU, the employee will produce an affidavit setting forth the amount of compensation received from the third party.
Compensation from a Third Party. When an employee is involved in an accident away from work or any other action that involves the possibility of reimbursement for lost wages or damages from a third party (including no fault, package policy, tort, etc.) the employee shall, as soon as possible, notify the Health and Wellness Resource Centre to advise of the injury. The employee shall provide documentation outlining the amount of compensation received from a third party and shall turn over, or cause to be turned over to the Employer, any monies paid to them by any third party as a result of a claim for lost wages and Employer benefit plan costs. A percentage of sick leave will be reinstated upon payment of these monies to the Employer. It is understood and agreed that the amount an employee is required to repay to the Employer for a claim of lost wages shall be net of verified expenses incurred by the employee to recover that claim. If an employee does not comply with the provisions of this Article, the Employer will cease payment of any further sick leave benefits. Further, the Employer will recover the repayment of lost wages from the employee's salary upon the employee's return to work or, if the employee does not or is unable to return to work under any circumstances, the Employer will recover the repayment of lost wages from any monies owing to the employee for salary, vacation, overtime, or unused Earned Days Off (EDOs).
Compensation from a Third Party. When an employee is involved in an accident or any other action that involves the possibility of reimbursement for time away from work, the employee shall immediately contact the Food Services Director to advise of the facts. When an employee is compensated by a third party for loss of salary due to complete or partial disability resulting from sickness or accident, the Employer will pay the difference between the employee’s regular monthly pay and the payment, computed on a monthly basis, made by the third party during the period of disability, or until the employee’s accumulated sick leave has been used up. The reduction of accumulated sick leave in such cases will be made according to the following formula: Reduction of sick leave Employer’s supplement (working days) = to compensation Period of disability (working days) Regular monthly salary The Employer may make advances to the employee pending settlement of the claim against a third party, either from sick leave or from the disability plan. Such advances and any employer benefit plan costs pertaining thereto will be repaid to the Employer when settlement is obtained from the third party, minus a prorata share of any legal fees and disbursements incurred by the employee to recover a claim, provided that the employee will, at the request of the Employer, agree to initiate a review through the Law Society of the reasonableness of the solicitor’s account in the event the Employer considers the account to be unreasonable. Where the Employer becomes aware of the potential of a third party claim, pursuant to this clause, the employee will be required to sign a written agreement to immediately repay when settlement is obtained. Upon request of the Employer, the employee will produce an affidavit setting forth the amount of compensation received from the third party.
Compensation from a Third Party. You will promptly inform the Company if you are unable to perform your duties as a result of ill health or injury caused by a third party for which compensation is or may be recoverable. In return for the Company continuing to pay your Salary during your Appointment, you will take such action as the Company may reasonably request in connection with pursuing a claim against that third party, in order to recover for the benefit of the Company the costs of continuing your Appointment. You will keep the Company regularly informed of the progress of any claim, provide such information about it as the Company may from time to time reasonably require, and will immediately notify the Company in writing of any compromise, settlement, award or judgment. You will, on request, refund to the Company the lesser of either the amount recovered by you (after deducting any related costs borne by you) or the aggregate cost of the Salary and other benefits paid to you during your ill health or injury. You will hold these proceeds on trust for the Company to apply them in repayment of this obligation. 5 TYRRELLS POTATO CHIPS LIMITED Reg. Office: Xxxxxxxx Xxxxx, Xxxxxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx XX0 0XX Company No. 04339626
Compensation from a Third Party. When an employee is involved in an accident or any other action that involves the possibility of reimbursement for time away from work, the employee shall immediately contact the director of operations to advise of the facts. When an employee is compensated by a third party for a loss of salary due to complete or partial disability resulting from sickness or accident, the employer will pay the difference between the employee’s regular monthly pay and the payment, computed on a monthly basis, made by the third party during the period of disability or until the employee’s accumulated sick leave has been used up. The reduction of accumulated sick leave in such cases will be made according to the following formula: Reduction of sick leave (working days) Employer supplement to compensation Period of disability (working days) Regular monthly salary Notwithstanding the foregoing, where an employee is eligible for a claim for benefits from Workers’ Compensation, the benefit paid by Workers’ Compensation will be deemed to be at the rate of seventy per cent (70%) of the employee’s gross pay and, therefore, deduction from sick leave in respect of such time period will be at the rate of three-tenths (3/10) of a day for each day absent. The employer may make advances to the employee pending settlement of the claim against a third party, either from sick leave or from the disability plan. Such advances and any employer benefit plan costs pertaining thereto will be repaid to the employer when settlement is obtained from the third party.
