Contribution to supplementary pension Sample Clauses

Contribution to supplementary pension insurance (“SPI”) a) An employee who has concluded a SPI policy and saves at least CZK 300.00 monthly may ask for a contribution to the SPI in the amount of CZK 200.00 monthly, with a full-time employment in the IAP. If a person is less than a fulltime employee, the contribution is reduced accordingly. Employees with less than a half-time employment will not receive this benefit. b) An employee who has concluded a SPI policy and saves at least CZK 500.00 monthly may ask for a composed contribution to the supplementary pension insurance, which consists of an amount of CZK 200.00 monthly (item IV) and an amount of CZK 3,000.00 annually (item V), with a full- time employment in the IAP. If a person is less than a fulltime employee, the both amounts are reduced accordingly. In the event of less than a half-time employment, this option is excluded. Employees shall evidence the amount of their own annual contribution by affirmation.
Sample 1
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Related to Contribution to supplementary pension

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Definitions For purposes of this Agreement:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

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