Common use of Extended Health Benefit Plan Clause in Contracts

Extended Health Benefit Plan. (a) The Company will assume one hundred percent (100%) of the cost of an Extended Health Plan. It is understood by both parties that this participation by the Company will not be compounded by any compulsory Provincial or Federal Medical Plan, either in existence or introduced at a later date. (b) It is further understood by both parties that the Company shall have full trusteeship of the Extended Health Benefit Plan and that the present benefit level will be maintained. (c) The Extended Health Benefit Plan will provide coverage for corrective lenses in accordance with the provisions of the vision care rider. The maximum amount claimable during any consecutive twenty-four month period will be three hundred dollars ($300.00). The employee will be reimbursed for the cost of eye exam once per calendar year.

Extended Health Benefit Plan. (a) The Company will assume one hundred percent (100%) of the cost of an Extended Health Plan. It is understood by both parties that this participation by the Company will not be compounded by any compulsory Provincial or Federal Medical Plan, either in existence or introduced at a later date. (b) It is further understood by both parties that the Company shall have full trusteeship of the Extended Health Benefit Plan and that the present benefit level will be maintained. (c) The Extended Health Benefit Plan will provide coverage for corrective lenses in accordance with the provisions of the vision care rider. The maximum amount claimable during any consecutive twenty-four month period will be three two hundred dollars ($300.00200.00). The employee will be reimbursed for the cost of eye exam once per calendar yearevery two (2) years.