Group Contribution Sample Clauses

Group Contribution. The Group will pay a uniform amount for each classification of employee; i.e., certified/noncertified, but not less than a rate in proportion to full-time employment for each Enrollee from district funds. The balance of the premiumwill be payroll-deducted from the Enrollee's wage.
Sample 1
Group Contribution. (a) The Parent shall ensure that an amount equal to the Company’s Group Contribution in any year, less any Charges, shall promptly be made available to the Company by way of subscription for additional shares or subordinated loans (such subordination to be substantially on the terms of the Shareholder Loan designated as ‘Shareholder Loan Agreement No. 1A’). (b) For the purposes of this Clause, Charges shall mean the aggregate in any financial year of: (i) any amounts required by the Parent to make interest payments as they fall due under the Senior Secured Notes; (ii) any hedging costs incurred in respect of hedging the Parent’s currency exposure; and (iii) any other costs incurred by the Parent up to a maximum amount of €3,000,000 per annum.
Sample 1
Group Contribution. (a) The Parent shall ensure that an amount equal to 50 per cent. of the Net Group Contribution in any financial year shall promptly be made available to the Company by way of equity contributions (including retained profit) or subordinated loans to the Company (such subordination to be substantially on the terms of the Shareholder Loan designated as 'Shareholder Loan Agreement No. 1A'). (b) For the purposes of this Clause: Charges shall mean the aggregate in any financial year of: (i) any amounts required by the Parent to make interest payments as they fall due under the Senior Secured Notes (that term including for this purpose any Financial Indebtedness refinancing the Senior Secured Notes, and subsequent refinancings of such refinancing Financial Indebtedness, in each case, so long as the aggregate annual amount of interest payable on that Financial Indebtedness is not increased above the aggregate annual amount payable on the Senior Secured Notes); (ii) any hedging costs incurred in respect of hedging the Parent's currency exposure; (iii) any other costs incurred by the Parent up to a maximum amount of euro3,000,000 per annum; and (iv) additional working capital up to a maximum amount of euro7,000,000 per annum. Net Group Contribution shall mean the Group Contribution in a financial year less any Charges for that financial year.
Sample 1
Group Contribution. The Cambridge Plant employees, after the date of ratification, will be eligible to participate in the Group Program offered by the Company. Participation will be voluntary, and employees will be able to contribute set amounts directly into the by payroll deduction. Information on the Program and its requirements will be made available to all employees by the Human Resources Department. This Letter of Understanding is in effect during the life of this agreement and must be renewed upon its expiry. Signed this 00xx xx Xxxxxxxxx, Xxxxxxx. The Company will compensate up to a maximum of forty (40) hours on a one for one basis those full time employees that are not able to complete forty (40) hours in any given week in which temporary agency employees employed through an agency are employed doing bargaining unit work. Those full time employees that volunteer for a lay-off are exempted from this provision. The Plant workforce will not consist of more than of Part-Time or Temporary Agency Employees excluding students. The following criteria will apply to Part Time employees: Part time employees will become part of the bargaining unit. These employees will be subject to the same requirements as full-time employees as per Article of the Collective Agreement. This probationary period will commence for all current part-time employees upon ratification of this Collective Agreement. These employees will not be regularly employed for more than twenty-four (24) hours per week. The following provisions will apply to all Part
Sample 1
Group Contribution. The Group contribution consists of: 1. paying the subscription fee for the sums paid, the commissions for administrative and financial management of the Fonds Commun de Placement or ("FCP) together with the expenses. 2. a Group contribution that is applied to the sums from profit sharing premiums, together with voluntary payments made by withholding from salaries within the limits set by the regulations. A separate agreement establishes the methods and amounts of the matching contribution.
Sample 1
Group Contribution. The Cambridge Plant employees, after the date of ratification, will be eligible to participate in the Group Program offered by the Company. Participation will be voluntary, and employees will be able to contribute set amounts directly into the by payroll deduction. Information on the Program and its requirements will be made available to all employees by the Human Resources Department. This Letter of Understanding is effect during the life of this agreement and must be renewed upon its expiry. Signed this day of January at Cambridge, Ontario. FOR THE COMPANY FOR THE UNION Overtime for the Maintenance group will be scheduled as follows: Overtime for Monday through Friday Shift Employees working on the Monday through Friday schedule will have the first opportunity for overtime on Thursday, Friday, Saturday and Sunday in accordance with Article In the event the full eight (8) hour shift cannot be covered, the entire eight (8) hours will be offered to a maintenance employee. Overtime for Shift Employees working on the shift will have the first opportunity for overtime on Monday, Tuesday, and Wednesday of any given week in accordance with Article In the event the full eight (8) hour shift cannot be covered, the hours still available will be offered to Monday through Friday maintenance employees. If the eight (8) hour shift cannot be covered it will be discretion whether any overtime is needed and how the overtime hours will be filled. Signed this day of January at Cambridge, Ontario. FOR COMPANY FOR THE UNION LETTER OF UNDERSTANDING It is understood: The Company will negotiate any proposed wage rate changes with the Union. The Union will not unreasonably withhold consent to any proposed increase. This Letter of Understanding is in effect during the life of this agreement and must be renewed upon its expiry. Signed this day of January at Cambridge, Ontario. FOR THE FOR THE UNION The Company will compensate up to a maximum of forty (40) hours on a one for one basis those full time employees that are not able to complete forty (40) hours in any given week in which temporary agency employees employed through an agency are employed doing bargaining unit work. Those full time employees that volunteer for a lay-off are exempted from this provision.
Sample 1

Related to Group Contribution

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • No Contribution Each Designated Shareholder waives, and acknowledges and agrees that he shall not have and shall not exercise or assert (or attempt to exercise or assert), any right of contribution, right of indemnity or other right or remedy against the Surviving Corporation in connection with any indemnification obligation or any other liability to which he may become subject under or in connection with this Agreement or the Designated Shareholders' Closing Certificate.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Company Contributions 33.1.1 The Company will make contributions on the Employee’s behalf to a complying superannuation fund which meets the Company’s statutory obligations under applicable superannuation legislation.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.