Financial Planning Benefits Sample Clauses

Financial Planning Benefits. If you are entitled to receive Change in Control Benefits, the Company also will provide you with a tax and financial planning services stipend. The stipend will be in an amount determined pursuant to Company policies and will be based on your officer classification as of the date on which the Change in Control occurs. The stipend shall be paid at the same time as, and along with, the Change in Control Severance Payment.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Financial Planning Benefits. Continued participation for thirty-six (36) months following your Last Day of Employment. The Company shall gross-up any payments on such benefits that are taxable to you. LAPTOP COMPUTER: At your option, the sale to you, on or about the time of your Last Day of Employment, of the ownership interest in the [MAKE AND MODEL NUMBER] laptop computer that the Company has assigned to you, Serial Number [XXXXXXX], as of the date of this Agreement, (“the Laptop”), for fair market value pursuant to the Company’s policy. You shall provide the Company with reasonable advance written notice prior to your Last Day of Employment as to whether you wish to purchase the Laptop. The ownership interest in the Laptop shall be transferred only after the Company has removed all confidential and proprietary information from the computer and taken any other measures it deems necessary to protect its interests. The Company shall deduct the amount due for the cost of the Laptop from the Severance Pay. Unless otherwise defined herein, all capitalized terms set forth above shall have the meaning set forth in the Employment Agreement. In the event of Executive’s death or disability after the Last Day of Employment, Executive’s estate and beneficiaries, as applicable, shall receive the pay and benefits (or remaining portion thereof) the set forth in this Personal Statement of Termination Benefits, subject to Executive’s (or his estate’s) execution, delivery, and non-revocation of the General Release within the applicable time period. Non-competition: Two (2) years from Last Day of Employment Non-solicitation of clients and employees: Two (2) years from Last Day of Employment Confidential Information: No time limit Intellectual Property: No time limit For the avoidance of doubt, the term “affiliates” in the post-employment restrictive covenants in the Employment Agreement and your Management Equity Award Agreements only include entities owned by The Blackstone Group to the extent such entities are engaged in the same businesses of Travelport Limited and its subsidiaries as of the Last Day of Employment.
Sample 1
Financial Planning Benefits. Continued participation for thirty-six (36) months following your Last Day of Employment. The Company shall gross-up any payments on such benefits that are taxable to you. EXECUTIVE CAR PROGRAM: A lump sum payment that, after applicable taxes and deductions, is equivalent to the value of thirty-six (36) months of future participation in the Executive Car Program. The amount of this payment will be determined as of your Last Day of Employment and will be paid in a lump sum no later than sixty (60) days after the Last Day of Employment. After your participation in the Executive Car Program ceases effective as of your Last Day of Employment, you will have the option to purchase the car assigned to you for fair market value; provided that you pay all incremental costs incurred by the Company as a result of such assignment. In the event that you do not purchase the car assigned to you under the Executive Car Program on or before the Last Day of Employment, you shall return such car as directed by the Company or its agents.
Sample 1
Financial Planning Benefits. Continued participation for twenty-four (24) months following your Last Day of Employment. The Company shall gross-up any payments on such benefits that are taxable to you. EXECUTIVE CAR PROGRAM: A lump sum payment that, after applicable taxes and deductions, is equivalent to the value of twenty-four (24) months of future participation in the Executive Car Program. The amount of this payment will be determined as of your Last Day of Employment and will be paid in a lump sum as soon as practicable following the effective date of this Agreement and General Release, but no later than sixty (60) days after the Last Day of Employment. After your participation in the Executive Car Program ceases effective as of your Last Day of Employment, you will have the option to purchase the car assigned to you for fair market value; provided that you pay all incremental costs incurred by the Company as a result of such assignment. In the event that you do not purchase the car assigned to you under the Executive Car Program on or before the Last Day of Employment, you shall return such car as directed by the Company or its agents.
Sample 1

Related to Financial Planning Benefits

  • Financial Planning The Employer will provide, or cause to be provided, continued access, for the remainder of the calendar year in which the Covered Termination occurs or for 60 days (if greater), to the financial planning services available to executive employees at the time of the Covered Termination.

  • Financial Planning Services The Executive shall receive financial planning services, on an in-kind basis, for a period of eighteen (18) months following the Date of Termination. Such financial planning services shall include expert financial and legal resources to assist the Executive with financial planning needs and shall be limited to (i) current investment portfolio management, (ii) tax planning, (iii) tax return preparation, and (iv) estate planning advice and document preparation (including xxxxx and trusts); provided, however, that the Company shall provide such financial planning services during any taxable year of the Executive only to the extent the cost to the Company for such taxable year does not exceed $25,000. The Company shall provide such financial planning services through a financial planner selected by the Company, and shall pay the fees for such financial planning services. The financial planning services provided during any taxable year of the Executive shall not affect the financial planning services provided in any other taxable year of the Executive. The Executive’s right to financial planning services shall not be subject to liquidation or exchange for any other benefit. Such financial planning services shall be provided in a manner that complies with Treasury Regulation Section 1.409A-3(i)(1)(iv).

  • Public Benefits ‌ 5.1 Developer to provide Public Benefits‌ The Developer must, at its cost and risk, provide the Public Benefits to the City in accordance with this document.

  • Multi-Year Planning The CAPS will be in a form acceptable to the LHIN and may be required to incorporate (1) prudent multi-year financial forecasts; (2) plans for the achievement of performance targets; and (3) realistic risk management strategies. It will be aligned with the LHIN’s then current Integrated Health Service Plan and will reflect local LHIN priorities and initiatives. If the LHIN has provided multi-year planning targets for the HSP, the CAPS will reflect the planning targets.

  • Health Benefits For the eighteen (18) month period following the Termination Date, provided that Executive is eligible for, and timely elects COBRA continuation coverage, the Company will pay on Executive’s behalf, the monthly cost of COBRA continuation coverage under the Company’s group health plan for Executive and, where applicable, her spouse and dependents, at the level in effect as of the Termination Date, adjusted for any increase in such level paid by the Company for active employees, less the employee portion of the applicable premiums that Executive would have paid had she remained employed during the such eighteen (18) month period (the COBRA continuation coverage period shall run concurrently with the eighteen (18) month period that COBRA premium payments are made on Executive’s behalf under this subsection 1(a)(ii)). The reimbursements described herein shall be paid in monthly installments, commencing on the sixtieth (60th) day following the Termination Date, provided that the first such installment payment shall include any unpaid reimbursements that would have been made during the first sixty (60) days following the Termination Date. Notwithstanding the foregoing, the Company’s payment of the monthly COBRA premiums in accordance with this subsection 1(a)(ii) shall cease immediately upon the earlier of: (A) the end of the eighteen (18) month period following the Termination Date, or (B) the date that Executive is eligible for comparable coverage with a subsequent employer. Executive agrees to notify the Company in writing immediately if subsequent employment is accepted prior to the end of the eighteen (18) month period following the Termination Date and Executive agrees to repay to the Company any COBRA premium amount paid on Executive’s behalf during such period for any period of employment during which group health coverage is available through a subsequent employer. Notwithstanding the foregoing, the Company reserves the right to restructure the foregoing COBRA premium payment arrangement in any manner necessary or appropriate to avoid fines, penalties or negative tax consequences to the Company or Executive (including, without limitation, to avoid any penalty imposed for violation of the nondiscrimination requirements under the Patient Protection and Affordable Care Act or the guidance issued thereunder), as determined by the Company in its sole and absolute discretion.

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

  • Educational Benefits The Employer agrees to provide educational benefits to employees that are in permanent status as of the first day of the quarter they are registering in accordance with the Employer’s space-available tuition waiver policy and employee 50% operating fee tuition waiver policy, to include:

  • Transition Planning The AGENCY will be responsible for the development of the student’s Transition Plan, which begins upon entry and is completed prior to the student’s exit.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Strategic Planning Facilitate the effective alignment of IT requirements/ Information Resource Management (IRM) plans with strategic business plans and program initiatives. Management Improvements: Development and implementation of improved systems and business practices to optimize productivity and service delivery operations (e.g., analysis, and implementation of improvements in the flow of IT work and program processes and tool utilization, including business system analysis, identification of requirements for streamlining, re-engineering, or re-structuring internal systems/business processes for improvement, determination of IT solution alternatives, benchmarking).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!