Contribution Continuation Sample Clauses

Contribution Continuation. The Employer shall continue to pay its portion of pension contributions, provided employees continue to pay their portion, as follows: a. while in receipt of WSIB compensation as a result of an injury sustained during employment with the Employer, for up to twelve (12) months; b. while on maternity/parenting leave, for the period it is required to continue pension contributions, in line with government legislation. Employer and employee contributions will be based on the employee's average covered wages during their four (4) regular pay periods prior to being off work. Employees must make arrangements with the Employer to pay their portion of all pension contributions to the Employer by the fifteenth (15th) of the month in which they are due.
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Contribution Continuation. The Employer shall continue to pay its portion of pension contributions, provided employees continue to pay their portion as follows: a. while in receipt of WSIB compensation as a result of an injury sustained during employment with the Employer, for up to twelve
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Contribution Continuation. The Employer shall continue to pay its portion of pension contributions, provided employees continue to pay their portion as follows:
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Contribution Continuation. The Employer shall continue to pay it' portion of pension contributions, provided employees continue to pay their portion, as follows: a. while in receipt of WSIB compensation as a result of an injury sustained during employment with the Employer, for up to twelve (12) months; b. while on maternity/parenting leave, for the period it is required to continue pension contributions, in line with government legislation. Employer and employee contributions will be based on the employee's average covered wages during their four (4) regular pay periods prior to being off work. Employees must make arrangements with the Employer to pay their portion of all pension contributions to the Employer by the fifteenth (15th) of the month in which they are due. Those employees hired as of June 21, 2004, will have thirty (30) days to provide a cheque for retroactivity to April 24, 2003, which will be matched by the Employer. The Employer will provide the employees with the amount of retroactivity.
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Contribution Continuation. The Employer shall continue to pay its portion of pension contributions provided employees continue to pay their portion, while on maternity/parenting leave, for the period it is required to continue pension contributions in line with governmental legislation. Employer and employee contributions will be based on the employee’s average covered wages during their four (4) regular pay periods prior to being off work. Employees must make arrangements with the Employer to pay their portion of all pension contributions to the Employer by the fifteenth (15th) of the month in which they are due.
Sample 1
Contribution Continuation. The Employer shall continue to pay its portion of pension contributions, provide employees continue to pay their portion, as follows: a. while in receipt of Worker's Compensation as a result of an injury sustained during employment with the Employer, for up to twelve (12) months; b. while on maternity/parenting leave, for the period, it is required to continue pension contributions, in line with government legislation. Employer and employee contributions will be based on the employee's average covered wages during their four (4) regular pay periods prior to being off work. Employees shall make arrangements with the Employer to pay their portion of all pension contributions to the Employer by the 15th of the month in which they are due. a. The Employer agrees to deduct by way of payroll deduction and remit to the Union’s Benefit Administration Office, voluntary employee pension contributions in addition to any other Collective Agreement Pension Plan contributions. Such amounts shall not exceed the limits established by Revenue Canada. These monies will be recorded separately on the Employer’s monthly remittance to the Benefit Administration Office. b. A request for such deductions shall be submitted to the Employer in a format provided by the Benefit Administration Office. A copy of the completed form shall be sent to the Benefit Administration Office with the first remittance of such additional voluntary contributions. c. Only two (2) opportunities per calendar year to join or remove an employee’s participation. d. At least two (2) weeks prior to January 1st and July 1st of each year, interested employees shall submit the appropriate paperwork to the office.
Sample 1

Related to Contribution Continuation

  • Benefit Continuation (a) For leaves taken pursuant to Clause 21.1, 21.2 and 21.3 the Employer shall maintain coverage for medical, extended health, dental, group life and long-term disability, and shall pay the Employer’s share of these premiums. (b) Notwithstanding Clause 21.4(a) above, should an employee be deemed to have resigned in accordance with Clause 21.5 the Employer will recover monies paid pursuant to this clause.

  • Benefits Continuation In addition, Executive shall be entitled to health and dental insurance benefits for a period of eighteen (18) months following the termination of this Agreement. These benefits will be provided at Employer’s expense, but such period shall count towards the Employer’s continuation of coverage obligation under Section 4980B of the Internal Revenue Code (commonly referred to as “COBRA”).

  • Formation and Continuation The Partnership is a limited partnership heretofore formed and continued pursuant to the provisions of the Act and upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

  • Commencement and Continuation The Contractor shall commence the Project on the date the Contract was signed by the Department (as above) and, subject to Schedule Three, Clause 10.1 shall complete the Project on or before 31 August 2012. Interpretations Schedule One Schedule Two Schedule Three

  • Conversion/Continuation (a) Subject to Section 2.17 and so long as no Default or Event of Default shall have occurred and then be continuing, Lead Borrower shall have the option: (i) to convert at any time all or any part of any Term Loan equal to $5,000,000 and integral multiples of $1,000,000 in excess of that amount from one Type of Loan to another Type of Loan; provided, that a LIBOR Rate Loan may only be converted on the expiration of the Interest Period applicable to such LIBOR Rate Loan unless the Loan Parties pay all amounts due under Section 2.17 in connection with any such conversion, or (ii) upon the expiration of any Interest Period applicable to any LIBOR Rate Loan, to continue all or any portion of such Loan equal to $5,000,000 and integral multiples of $1,000,000 in excess of that amount as a LIBOR Rate Loan. (b) Lead Borrower shall deliver a Conversion/Continuation Notice to Administrative Agent no later than noon (New York time) at least two Business Days in advance of the proposed conversion date (in the case of a conversion to a Base Rate Loan) and at least three (3) Business Days in advance of the proposed conversion/continuation date (in the case of a conversion to, or a continuation of, a LIBOR Rate Loan). Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any LIBOR Rate Loans (or telephonic notice in lieu thereof) shall be irrevocable on and after the related Interest Rate Determination Date, and Lead Borrower shall be bound to effect a conversion or continuation in accordance therewith.

  • Salary Continuation If the Executive becomes totally disabled during the term of this Agreement, his full salary shall be continued for 360 days from the date of the disabling injury or onset of the disability illness.

  • Term and Continuation This Agreement shall take effect as of the date hereof, and shall remain in effect, unless sooner terminated as provided herein, until September 30, 2003, and shall continue thereafter on an annual basis with respect to each Series, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board, or (b) by vote of a majority of the outstanding voting securities of the Series, and provided continuance is also approved by the vote of a majority of the Board who are not parties to this Agreement or "interested persons" (as defined in the 1940 Act) of the Fund, cast in person at a meeting called for the xxxxxxx of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty with respect to the entire Fund or only with respect to one or more Series thereof: (a) by the Fund at any time with respect to the services provided by the Administrator by vote of (1) a majority of the Board members who are not "interested persons" (as such term is defined in the 1940 Act) of the Fund, or (2) a majority of the outstanding voting shares of the Fund or, with respect to a particular Series, by vote of a majority of the outstanding voting shares of such Series, on 60 days' written notice to the Administrator; and (b) by the Administrator on or after September 30, 2003, without the payment of any penalty, upon 60 days' written notice to the Fund.

  • TERM, CONTINUATION AND RENEGOTIATION In this Collective Agreement, "Previous Collective Agreement" means the Collective Agreement that was in effect between the two parties for the period July 1, 2013 to June 30, 2019 including any amendments agreed to by the parties during that period. 1. Except as otherwise specifically provided, this Collective Agreement is effective July 1, 2019 to June 30, 2022. The parties agree that not less than four (4) months preceding the expiry of this Collective Agreement, they will commence collective bargaining in good faith with the object of renewal or revision of this Collective Agreement and the concluding of a Collective Agreement for the subsequent period. 2. In the event that a new Collective Agreement is not in place by June 30, 2022 the terms of this Collective Agreement are deemed to remain in effect until the date on which a new Collective Agreement is concluded. 3. All terms and conditions of the Previous Collective Agreement are included in the Collective Agreement, except where a term or condition has been amended or modified in accordance with this Collective Agreement. 4. a. If employees are added to the bargaining unit established under section 5 of the Public Education Labour Relations Act during the term of this Collective Agreement, the parties shall negotiate terms and conditions that apply to those employees.

  • Reinstatement and Continuation of Agreement If any Senior Priority Agent or Senior Priority Creditor is required in any Insolvency Proceeding or otherwise to turn over or otherwise pay to the estate of any Credit Party or any other Person any payment made in satisfaction of all or any portion of the Senior Priority Obligations (a “Senior Priority Recovery”), then the Senior Priority Obligations shall be reinstated to the extent of such Senior Priority Recovery. If this Agreement shall have been terminated prior to such Senior Priority Recovery, this Agreement shall be reinstated in full force and effect in the event of such Senior Priority Recovery, and such prior termination shall not diminish, release, discharge, impair, or otherwise affect the obligations of the Parties from such date of reinstatement. All rights, interests, agreements, and obligations of each Agent, each Senior Priority Creditor, and each Junior Priority Creditor under this Agreement shall remain in full force and effect and shall continue irrespective of the commencement of, or any discharge, confirmation, conversion, or dismissal of, any Insolvency Proceeding by or against any Credit Party or any other circumstance which otherwise might constitute a defense available to, or a discharge of, any Credit Party in respect of the Senior Priority Obligations or the Junior Priority Obligations. No priority or right of any Senior Priority Secured Party shall at any time be prejudiced or impaired in any way by any act or failure to act on the part of any Borrower or any Guarantor or by the noncompliance by any Person with the terms, provisions, or covenants of any of the Senior Priority Documents, regardless of any knowledge thereof which any Senior Priority Secured Party may have.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

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