Common use of Employee Discount Clause in Contracts

Employee Discount. 1. Regular Bargaining Unit employees hired prior to March 1, 2007 and who have chosen to retain their employee discount receive a 50% discount on electric service and a 25% discount on natural gas service. These discounts apply only to services provided by Sierra Pacific Power Company, d/b/a NV Energy. Employees will pay any applicable taxes levied by the Internal Revenue Service as established each year for the following year. Employees who have retained their employee discount may choose, in any future open enrollment, to forgo the discount and increase their 401k match to $1 for $1 up to 6% of wages. (Amended 8/16/2010)

Employee Discount. 1. Regular Bargaining Unit employees hired prior to March 1, 2007 and who have chosen to retain their employee discount receive a 50% discount on electric service and a 25% discount on natural gas service. These discounts apply only to services provided by Sierra Pacific Power Company, d/b/a NV Energy. Employees will pay any applicable taxes levied by the Internal Revenue Service as established each year for the following year. Employees who have retained their employee discount may choose, in any future open enrollment, to forgo the discount and increase their 401k match to $1 for $1 up to 6% of wages. (Amended 8/16/20108/16/10) 2. (Deleted 8/16/10)

Employee Discount. 1. Regular Bargaining Unit employees hired prior to March 1, 2007 2007, and who have chosen to retain their employee discount receive a 50% discount on electric service and a 25% discount on natural gas service. These discounts apply only to services provided by Sierra Pacific Power Company, d/b/a NV Energy. Employees will pay any applicable taxes levied by the Internal Revenue Service as established each year for the following year. Employees who have retained their employee discount may choose, in any future open enrollment, to forgo the discount and increase their 401k 401(k) match to $1 for $1 up to 6% of wages. (Amended 8/16/20108/16/10)