CONTINUATION OF BENEFITS FOR LAY-OFF Sample Clauses

CONTINUATION OF BENEFITS FOR LAY-OFF. Employees who have completed the Probationary Period described in Clause 6.01 shall have Life Insurance, Accidental Death and Dismemberment, Major Medical, Semi-private hospitalization, and Dental benefits continued on the cost sharing as provided above until the first of the month following ninety (90) days of lay-off. Thereafter, the employee may maintain benefits as listed herein for up to thirty-five (35) weeks of lay-off by paying fifty percent (50%) of the cost of the premiums.
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CONTINUATION OF BENEFITS FOR LAY-OFF. Employees with one (1) or more years of service shall have Life Insurance, Accidental Death and Dismemberment, Major Medical and Semi-Private benefits continued on the cost sharing as provided above until the first of the month following thirty (30) days of lay-off, thereafter the employee may maintain benefits as listed herein for the balance of the first four (4) months of lay-off paying the full cost of the premiums.
Sample 1
CONTINUATION OF BENEFITS FOR LAY-OFF with (1) of service shall have Life Insurance, Accidental Death and Dismemberment, Major Medical, and benefits continued on the cost sharing provided until the of the sixty (60) days of lay-oil, thereafter the benefits as herein for the balance of the four (4) of lay-off by paying full of the premiums. (1990)
Sample 1
CONTINUATION OF BENEFITS FOR LAY-OFF. Employees who have completed the Probationary Period described in Clause 6.01 shall have Life Insurance, Accidental Death and Dismemberment, Major Medical, Semi-private hospitalization, DQG 'HQWDO EHQH¿WV FRQWLQXHG on the cost sharing as provided DERYH XQWLO WKH ¿UVW RI WKH PRQWK following ninety (90) days of lay- off. Thereafter, the employee may 153 PDLQWDLQ EHQH¿WV DV OLVWHG KHUHLQ IRU WKH EDODQFH RI WKH ¿UVW VL[ (6) months of lay-off by paying the full cost of the premiums.
Sample 1

Related to CONTINUATION OF BENEFITS FOR LAY-OFF

  • Continuation of Benefits Following the termination of Executive’s employment hereunder, the Executive shall have the right to continue in the Company’s group health insurance plan or other Company benefit program as may be required by COBRA or any other federal or state law or regulation.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

  • Duration of Benefits Eligibility for Income Protection benefits will cease upon the earliest of the following dates:

  • Limitation of Benefits (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any benefit, payment or distribution by the Company to or for the benefit of the Executive (whether payable or distributable pursuant to the terms of this Agreement or otherwise) (a "Payment") would, if paid, be subject to the excise tax imposed by Section 4999 of the Code (the "Excise Tax"), then the Payment shall be reduced to the extent necessary to avoid the imposition of the Excise Tax. The Executive may select the Payments to be limited or reduced.

  • Restoration of Benefits The correction method should restore the plan to the position it would have been in had the failure not occurred, including restoration of current and former participants and beneficiaries to the benefits and rights they would have had if the failure had not occurred.

  • Duplication of Benefits Grantee shall not carry out any of the activities under this Agreement in a manner that results in a prohibited duplication of benefits as defined by Section 312 of the Xxxxxx X. Xxxxxxxx Disaster Relief and Emergency Assistance Act (42 U.S.C. 5155) and in accordance with Section 1210 of the Disaster Recovery Reform Act of 2018 (division D of Public Law 115-254; 132 Stat. 3442), which amended section 312 of the Xxxxxx X. Xxxxxxxx Disaster Relief and Emergency Assistance Act (42 U.S.C. 5155). In consideration of Grantee’s receipt or the commitment of CRF funds by Florida Housing, Grantee hereby assigns to Florida Housing all of Grantee’s future rights to reimbursement and all payments received from any grant, subsidized loan or any other reimbursement or relief program related to the basis of the calculation of the portion of the funds committed to the Grantee under this Agreement and determined to be a Duplication of Benefits (DOB). Any such funds received by the Grantee shall be referred to herein as “additional funds.” Grantee agrees to immediately notify Florida Housing of the source and receipt of additional funds received by the Grantee that are determined to be a DOB. Grantee agrees to reimburse Florida Housing for any additional funds received by Grantee if such additional funds are determined to be a DOB by Florida Housing, the Federal awarding agency or an auditing agency.

  • Extension of Benefits Upon termination of insurance, whether due to termination of eligibility, or termination of the Contract, an extension of benefits shall be provided for a period of no less than 30 days for completion of a dental procedure that was started before Your coverage ended.

  • Retention of Benefits Union leave under the following four (4) sections will be unpaid. The Employer will maintain regular pay and xxxx the Union for the costs of the employee’s salary and benefits. If the Union member is part-time or casual, and the leave is greater than their normal work hours, the Employer will pay the employee for the full length of the leave requested by the Union. The Employer will xxxx the Union for these days as noted above. The Union will pay these invoices within twenty-eight (28) days. Union leave is not unpaid leave for the purposes of Article 22.02 [i.e. such leave will not affect the employee’s benefits, seniority or increment anniversary date].

  • COMPUTATION OF BENEFITS All hours paid to an employee shall be considered as hours worked for the purpose of computing any of the benefits under this Agreement.

  • Description of Benefits The benefits available under this Plan will be as defined in Item F(5) of the Adoption Agreement.

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