Compensation Plan Claims Sample Clauses

Compensation Plan Claims. When presenting or discussing the MONAT Compensation Plan, Market Partners must make it clear to prospective Market Partners that financial success with MONAT requires commitment, effort, and sales skill. Conversely, Market Partners must never represent that one can be successful without diligently applying themselves. Examples of misrepresentations in this area include: • It’s a turnkey system; • The system will do the work for you; • Just get in and your downline will build through spillover; • Just join and I will build your downline for you; • The company does all the work for you; • You don’t have to sell anything; or • All you have to do is buy your products every month. The above are just examples of improper representations about the Compensation Plan. It is important that Market Partners do not make these or any other representations that could lead a prospective Market Partner to believe that he or she can be successful as a MONAT Market Partner without commitment, effort, and sales skill.
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Compensation Plan Claims. Luminent shall have the right to transfer the administration of Luminent Claims incurred under the MRV Workers' Compensation Plan to a third party administrator, vendor, or insurance company ("Outsource"). Luminent shall promptly notify MRV of its intent to transfer such claims, including the material terms and conditions of the transfer before the effective date thereof. MRV, upon the request of Luminent, shall use its commercially reasonable best efforts to procure such Outsourcing on behalf of Luminent, assist Luminent in the transition to Outsourcing, and provide Luminent with any information that is in the possession of MRV and is reasonably available and necessary to obtain such Outsourcing.
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Compensation Plan Claims. When presenting or discussing the Joi Delivers Compensation Plan, IMRs must make it clear to prospective IMRs that financial success with Joi Delivers requires effort, enthusiasm, commitment and some degree of sales skill. It is important that IMRs do not make any representations that could lead a prospective IMR believe that he or she can be successful as a Joi Delivers IMR without effort and a long-term vision of the goal to be achieved.
Sample 1
Compensation Plan Claims. Optical Access shall have the right to transfer the administration of Optical Access Claims incurred under the MRV Workers' Compensation Plan to a third party administrator, vendor, or insurance company ("Outsource"). Optical Access shall promptly notify MRV of its intent to transfer such claims, including the material terms and conditions of the transfer before the effective date thereof. MRV, upon the request of Optical Access, shall use its commercially reasonable best efforts to procure such Outsourcing on behalf of Optical Access, assist Optical Access in the transition to Outsourcing, and provide Optical Access with any information that is in the possession of MRV and is reasonably available and necessary to obtain such Outsourcing.
Sample 1
Compensation Plan Claims. When presenting or discussing the Jump To Health™ com- pensation plan, you must make it clear to prospects that fi- nancial success in Jump To Health™ requires commitment, effort, and sales skill. Conversely, you must never repre- sent that one can be successful without diligently applying themselves. Examples of misrepresentations in this area include: • It’s a turnkey system; • The system will do the work for you; • Just get in and your downline will build through spill over; • Just join and I’ll build your downline for you; • The company does all the work for you; • You don’t have to sell anything. • All you have to do is buy your products every month. The above are just examples of improper representations about the compensation plan. It is important that you do not make these, or any other representations, that could lead a prospect to believe that they can be successful as a Jump Executive without commitment, effort, and sales skill.
Sample 1
Compensation Plan Claims. CESI shall ----------------------------------------------------- have the right to transfer the administration of CESI Claims incurred under the Catalytica Workers' Compensation Plan to a third party administrator, vendor, or insurance company ("Outsourcing"). CESI shall promptly notify Catalytica of its intent to transfer such claims, including the material terms and conditions of the transfer before the effective date thereof. Catalytica, upon the request of CESI, shall use best efforts to procure such Outsourcing on behalf of CESI, assist CESI in the transition to Outsourcing, and provide CESI with any information that is in the possession of Catalytica and is reasonably available and necessary to obtain such Outsourcing.
Sample 1
Compensation Plan Claims. When presenting or discussing the Math Club Compensation Plan, Math Club Members must make it clear to prospective Math Club Members that financial success with R3 requires effort, commitment, honor, and sales skill. Conversely, Math Club Members must never represent that one can be successful without diligently applying themselves. Examples of misrepresentations in this area include: • It’s a turnkey system; • The system will do the work for you; • Just get in and your downline will build through spillover; • Just join and I will build your downline for you; • The company does all the work for you; • You don’t have to sell anything; or • All you have to do is buy your products every month. The above are just examples of improper representations of the Compensation Plan. It is important that Math Club Members do not make these or any other representations that could lead a prospective Math Club Member to believe that an individual can be successful as a Math Club Member without commitment, effort, and sales skill. 3.7 REPACKAGING AND RE-LABELING PROHIBITED R3 products may only be sold in their original packaging. Math Club Members may not repackage, re- label, or alter the labels on R3 products. Tampering with labels/packaging could be a violation of federal and state laws and may result in civil or criminal liability. Math Club Members may affix a personalized sticker with the Math Club Members personal/contact information to each product or product container, if this is done without removing existing labels or covering any text, graphics, or other material on the product label.
Sample 1
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Compensation Plan Claims. When presenting or discussing the Joi Rides Compensation Plan, IMRs must make it clear to prospective IMRs that financial success with Joi Rides requires effort, enthusiasm, commitment and some degree of sales skill. It is important that IMRs do not make any representations that could lead a prospective IMR believe that he or she can be successful as a Joi Rides IMR without effort and a long-term vision of the goal to be achieved.
Sample 1

Related to Compensation Plan Claims

  • Compensation Claims Section 1. When an injury is reported the reference number will be given to the employee and when requested, a copy of the injury report will be furnished to the employee within two (2) working days of such request. A copy of the injury report will also be furnished to the Local Union if requested by a Local Union official. The Employer agrees to cooperate and make a reasonable effort to provide the disposition of employee on-the-job injury claims within ten (10) business days. No employee will be disciplined or threatened with discipline or retaliated against as a result of filing an on-the-job injury report. The Employer or its designee shall not visit an injured worker at his/her their home. The Employer shall provide the Union Co-chair of the National Safety and Health Committee with current summaries of the essential functions of all positions covered by this Agreement. The Union shall have the right to challenge any such summary through the applicable grievance procedure. Any employee who is adversely affected by any such summary shall have the right to challenge such summary through the applicable grievance procedure. Any such decisions or settlements rendered through the grievance procedure, including but not limited to, at arbitration, shall be based solely upon, and applicable to, the facts present in that individual case and shall have no precedential effect beyond that case. This stipulation is limited to cases involving or referencing essential job functions. The Employer shall provide Worker’s Compensation protection for all employees even though not required by state law or the equivalent thereof if the injury arose out of or in the course of employment. An employee who is injured on the job, and is sent home, or to a hospital, or who must obtain medical attention, shall receive pay at the applicable hourly rate for the balance of his/her their regular shift on that day. Upon receiving an employee’s timely report of injury, the Employer shall not pressure an employee to continue to work, nor shall the Employer interfere with an employee seeking medical attention. When, because of such pressure, an employee spends time in a clinic after his or her their normal finish time, the time spent shall be the subject of a pay claim through the grievance procedure. An employee who has returned to regular duties after sustaining a compensable injury, and who is required by the Worker’s Compensation doctor to receive additional medical treatment during the employee’s regularly scheduled working hours, shall receive the employee’s regular hourly rate of pay for such time. The Employer agrees to provide any employee injured locally immediate transportation, at the time of injury, from the job to the nearest appropriate medical facility and return to the job, or to the employee’s home, if required. In such cases, no representative of the Employer shall be permitted to accompany the injured worker while he/she is they are receiving medical treatment and/or being examined by the medical provider, without the employee’s consent. In the event that any employee sustains an occupational illness or injury while on a run away from the home terminal, the Employer shall obtain medical treatment for the employee, if necessary, and, thereafter, will provide transportation by bus, train, plane or automobile to the employee’s home terminal, if and when directed by a doctor. An employee that has a change in his/her their medical duty status shall report that change to the Employer. In the event of a fatality, arising in the course of employment while away from the home terminal, the Employer shall return the deceased to the home of the deceased at the point of domicile.

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

  • Compensation Plan 1. Subject to any applicable regulation and the Company's/its contractor approval, the applicant shall choose a Compensation Plan on the Affiliate Participation Form. An Affiliate may not change the elected Compensation Plan. 2. The Company/its contractor may change an Affiliate's Compensation Plan, at any time and at its sole and absolute discretion, by sending such Affiliate a notice to such effect by e-mail. In the event Affiliate does not agree to such change, it shall notify the Company by return e-mail within three (3) days of receiving such notice from the Company, and the Agreement shall terminate immediately. In the event Affiliate does not notify the Company within three (3) days from the notice, it shall be deemed as an approval by the Affiliate to such change in the Compensation Plan. It is hereby clarified that Affiliate will continue to receive payment with respect to Traders identified by a Tracker ID prior to the date of any such change in the Compensation Plan, in accordance with the applicable Compensation Plan at the date such Traders registered to the Site(s).

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • PROFESSIONAL COMPENSATION 11.1 The basic salaries of teachers covered by this Contract shall be set in accordance with the procedures set forth in this Agreement. 11.2 The salary of the teacher will be presumed correct as shown in the Uniform Teacher’s Contract unless the teacher or the Employer furnishes evidence of error. 11.3 An explanation as to how contract salary figures are computed will accompany the first paycheck of each school year. 11.4 Basic salaries for teachers shall be paid in twenty-six (26) payments. Basic salaries for teachers shall be paid in twenty-six (26) payments in a given calendar year. Exceptions may be made with the approval of the Cash Flow Committee. A teacher may receive the balance due on his contract with the first scheduled paycheck in July by written notice to the Business Office by May 1. If May 1 occurs on a day that school is not in session, the deadline shall be the next regular school day. A teacher who makes this election shall continue each year to receive the balance due on his contract with the first scheduled paycheck in July unless he notifies the Business Office by May 1 that he prefers to be paid in twenty-six (26) payments. Teachers will be notified by the Cash Flow Committee of the Xxxxxxx Teachers’ Federation prior to June 1 in the event the balance on teachers’ contracts due on the first scheduled paycheck in July cannot be paid. 11.5 New teachers will receive one half (½) of their first pay one payroll in advance and the remaining one half (½) on the next pay date. 11.6 Effective January 1, 2009, teacher pay will be issued via direct deposit only. 11.7 The Superintendent may approve additional compensation for individual teachers who have been authorized by the Superintendent to perform additional work assignments. 11.8 Payroll deductions for teachers shall be made as required by law or as mutually agreed to by the parties. Teachers may authorize deductions for tax-sheltered annuities during open enrollment periods of the carrier companies involved. 11.9 Deductions for daily absences not covered by provisions in the Contract shall be made at the same rate as earned. 11.10 Effective January 1, 1993, the Board shall pay directly to the Indiana State Teachers Retirement Fund each teacher’s three percent (3%) contribution to the fund. 11.11 The parties recognize that the salaries which appear on Regular Teacher’s Contracts and Teacher’s Temporary Contracts will be inaccurate whenever a salary increase is approved after these contracts have been executed. At the time of a teacher’s retirement, the Employer will review these contracts and, when necessary, revise the contracts for the five (5) years of service before retirement in which the teacher’s annual compensation was highest so they accurately reflect the sums which the teacher earned in each of those five (5) years. 11.12 The parties recognize that students are entitled to be taught by fully qualified teachers, while at the same time recognizing a professional responsibility to assist in the preparation of student teachers. Therefore, supervision by a teacher of a student teacher shall be voluntary. No teacher should serve as a supervising teacher more than one-half (1/2) of the total teaching time each year. This provision was not bargained and has been included for informational purposes only. Should 11.13 If the Employer determines that any committee should continue its work during the summer, teachers belonging to the committee performing such services shall be paid on the same basis and in the same manner as summer school teachers. If the Employer determines that professional development should occur in the summer, specific teachers invited to participate shall be paid on the same basis as summer school teachers.

  • ’ Compensation Leave If such determination cannot readily be made and all healthcare leave or annual leave subject to 100% payoff has been applied to the absence, the employee shall be placed on Official Leave until a final determination is made.

  • 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.

  • 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.

  • Financial Services Compensation Scheme We are a participant in the Financial Services Compensation Scheme (the “FSCS”). As a retail client you may be eligible to claim compensation from the FSCS in certain circumstances if we, any approved bank, our nominee company or eligible custodian are in default. Most types of investment business are covered in full for the first £85,000 of any eligible claim. Not every investor is eligible to claim under this scheme: for further information please contact us, or the FSCS directly at xxx.xxxx.xxx.xx.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

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