Group Life Plan Sample Clauses

Group Life Plan. The Employer shall provide the Union with a minimum of sixty (60) days' notice of any change of carrier providing Group Life coverage. The Employer shall review annually with the Union the status of their Group Life Plan and any surpluses generated by the Plan experience shall be utilized to provide a premium holiday for both Employer and employees in accordance with current cost sharing of premiums unless other arrangements mutually satisfactory to the parties can be reached.
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Group Life Plan. The Employer agrees to pay one hundred percent (100%) of the premium of the existing Group Life Insurance Plan for Regular Full-Time Employees. The Plan provides a death benefit of two hundred percent (200%) of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of insurance is $1,000,000.
Group Life Plan. The Corporation shall provide the Union with a minimum of sixty (60) calendar days’ notice of any change of carrier providing Group Life coverage. The Corporation shall review annually with the Union the status of their Group Life Plan and any surpluses generated by the Plan experience shall be utilized to provide a premium holiday for both the Corporation and employees in accordance with current cost sharing of premiums unless other arrangements mutually satisfactory to the parties can be reached. E-COMM EMERGENCY COMMUNICATIONS FOR SOUTHWEST BRITISH COLUMBIA INCORPORATED
Group Life Plan. Participation in a group life assurance plan shall be a condition of employment for all new Employees engaged after January 1st 1963. The Board shall pay one hundred per centum (100%) of the premium cost. The Employment Insurance refund is to be used to reduce the premium cost.
Group Life Plan. Roxio shall, until the Distribution Date (or such other date as Adaptec and Roxio may mutually agree), continue to be a Participating Company in any Adaptec group life insurance plan or arrangement.
Group Life Plan. The Board and participating teachers will share 75% and 25% respectively in the premium cost of the BCTF/BCSTA group life plan “B”. Any premium contributed by the Board toward the total premiums payable under this policy for insurance on the life of a teacher, shall be deemed to be applied first to the full premium for the first $25,000 of insurance. The balance of the premium contributed by the Board (if any) shall be deemed to be applied to those amounts of insurance (if any) in excess of $25,000.
Group Life Plan. (a) The Employer shall provide the Union with a minimum of 60 days' notice of any change of carrier providing Group Life coverage. (b) The Employer shall review annually with the Union the status of the Group Life Plan and any surpluses generated by the Plan experience shall be utilized to provide a premium holiday for both Employer and employees in accordance with the current cost sharing of premiums unless other arrangements mutually satisfactory to the parties can be reached. The parties agree that the following principles are implicit in and form part of the terms of the Collective Agreement: (1) That, except where a provision in the Agreement or a currently accepted practice specifically contemplates otherwise, (for example, the Overtime, Callout and non-standard work week provisions) employees shall have not less than eight (8) consecutive hours free from work between each shift worked and not less than thirty-two
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Group Life Plan. ‌ SMS shall pay 100% of the premiums of the group life plan. All eligible employees must participate in the Plan. Each qualified employee is covered for $50,000 life insurance. Employees with dependents also have $5,000 dependent life coverage.
Group Life Plan. The Employer shall pay 80% of the premiums of the group life plan. All eligible Employees must participate in the Plan. The benefit is two (2) times an Employee’s annual salary.
Group Life Plan. The group life plan shall provide two times (2x) annual salary for Employees, with a minimum of ten thousand ($10,000.00) dollars. Accidental death and dismemberment coverage shall also be included. The Employer shall pay seventy-five percent (75%) of the premiums and the Employee shall pay twenty-five percent (25%) of the premiums. Within thirty (30) days of leaving the employ of the Library, an Employee may convert to a full life policy with no medical requirement.
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