Health Insurance Allowance Sample Clauses

Health Insurance Allowance. The Company shall pay the Consultant a Health Insurance allowance of $15,000 per annum (the Allowance”) in equal semi-monthly installments or at such other intervals as the parties shall agree. The Allowance may be increased in each fiscal year of the Company following the first anniversary of the date hereof (the “First Anniversary”) at the rate of ten percent (10%) of the then current Allowance.
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Health Insurance Allowance. Effective the first full pay period following October 1, 2024, each eligible full-time unit member shall be entitled to receive up to a maximum monthly insurance benefit contribution towards medical, dental, vision and life premiums as follows. These amounts are for 12-month employees. Employee Only $394.54 per pay period; $789.08 monthly Employee Plus One $783.59 per pay period; $1,567.18 monthly Family $1,110.66 per pay period; $2,221.32 monthly 10-month employees maintain coverage over 12 months but shall receive pro- rated amounts of the above over 10 months. In the case where spouses or registered domestic partners are both employed by TAS, for the purpose of securing health and welfare benefits for the employees and eligible dependents, the maximum amount of TAS contribution available shall be the total of the maximum amounts available to each employee individually. Effective October 1, 2025, should the total monthly insurance benefit premium amount of the Xxxxxx $20 medical plan, VSP vision, and Delta dental PPO be higher than the stated amounts above, then TAS and the unit member shall split the difference of the excess amount 50/50. The new maximum monthly insurance benefit contribution towards medical, dental, vision and life premiums effective October 1, 2025 would then be the stated amounts above plus the split difference of the excess amount as described herein. Effective October 1 in subsequent years, should the total monthly insurance benefit premium amount of the Xxxxxx $20 medical plan, VSP vision, and Delta dental PPO be higher than the maximum monthly insurance benefit contribution towards medical, dental, vision and life premiums effective the prior October 1, then TAS and the unit member shall split the difference of the excess amount 50/50. The new maximum monthly insurance benefit contribution towards medical, dental, vision and life premiums effective October 1 of the subsequent year would then be the maximum monthly insurance benefit contribution towards medical, dental, vision and life premiums effective the prior October 1 plus the split difference of the excess amount as described herein.
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Health Insurance Allowance. (a) Each permanent full-time Employee will either receive:
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Health Insurance Allowance. Advisor shall be entitled to continue receiving $400 per month for health insurance.
Sample 1
Health Insurance Allowance. Company shall pay Employee a health insurance allowance ("Health Insurance Allowance") of One Thousand One Hundred Fifty Dollars ($1,150) per month, payable on a bi-monthly basis, at the same time and in the same manner as Company pays Employee's Base Salary.
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Health Insurance Allowance. Executive shall be entitled to CHF 32,500.00 per year as a contribution to Executive’s personal health insurance.
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Health Insurance Allowance. On a monthly basis, the Company will reimburse Employee or pay the cost of Employee’s major medical insurance policy covering Employee and his family selected by Employee up to an annual amount of insurance premiums of USD$5,000.00 (the “Health Insurance Allowance”), in the understanding that any amount in excess of such Health Insurance Allowance will not be covered by the Company. The Health Insurance allowance will be paid to the Employee in Mexican Pesos, taking into accordance the US Dollar exchange rate (USD) published in the Mexican Official Gazette, on the prior business day to the payment date
Sample 1
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Health Insurance Allowance. The Company will provide Employee a health insurance allowance of CHF 1'250,00 per month. The Company will gross up the respective amount for income taxes (tax at source) and social security contributions.
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Health Insurance Allowance participates and/or ends participation in the program. annual payment.
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Related to Health Insurance Allowance

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including reasonable attorneys' fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of a fire or other casualty affecting the Property or any part thereof) out of such Insurance Proceeds.

  • Health Care Benefits (a) Each regular full-time employee may elect coverage for himself and his eligible dependents* under one of the following health insurance plans:

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