HOSPITALIZATION AND DENTAL Sample Clauses

HOSPITALIZATION AND DENTAL. The Board of Education will establish an insurance committee, equally comprised of administrators and union members, to analyze the insurance costs imposed upon the District and determine the best policy available at the best value to the District and its employees. The insurance committee shall meet quarterly. The Board of Education shall pay eighty percent (80%) of a group type dental plan mutually agreed upon by the Union and the Board. The Board of Education shall pay the following contributions to a group type hospitalization plan: 2012-2013 79% 76% 2013-2014 79% 76% 2014-2015 78% 75% 2015-2016 78% 75%
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HOSPITALIZATION AND DENTAL. The Tri-County North Board of Education shall purchase from a carrier licensed by the State of Ohio, basic hospitalization major medical insurance coverage for each unit member who completes the necessary forms as required by the carrier(s) in the amount(s) as specified hereafter: The Board shall offer both: (i) a Core plan with HRA (health reimbursement account) with the Board providing funding for each teacher’s HRA at the rate of $1000 single and $2000 family (all dollars remaining in a teacher’s HRA will be rolled over into the following year until the account has reached the out of pocket maximum of $2000/Single or $4000/Family); and (ii) a PPO plan. The Board shall pay an amount equal to eighty percent (80%) of the premium of the CORE plan for single coverage on Hospitalization, Major Medical, and Dental. The Board shall pay an amount equal to eighty percent (80%) of the premium of the CORE plan for family coverage on Hospitalization, Major Medical, and Dental. If both husband and wife are employed full time in the school district and have dependents, they shall be covered under one family policy only. If both husband and wife are employed full time in the school district and do not have dependents, and the total cost of two single plans for such employees is less than the cost of a family plan, they shall be covered under two single policies only. For purposes of this Article, full time teachers are those who are employed for the number of days and hours specified in Article 8, A & B. The Board has the absolute right to change the carrier for any of the insurance programs contained herein, provided that any changes in carriers shall not lessen the coverage then in effect, so long as such coverage is made available by the then-current insurance carrier. If such insurance carrier will no longer offer all such coverage, or if the Board is otherwise considering changing carriers, the Association President shall be notified at least fifteen (15) days in advance of Board action. Notice shall include a copy of the current insurance contract as well as any proposed insurance contracts. The Association will, upon request have its designated representative meet within ten (10) days of receipt of the proposed insurance contract changes.
HOSPITALIZATION AND DENTAL. A. The Township agrees to furnish all employees covered under this Agreement and their eligible dependents, hospitalization, major medical and Rider J coverage with the State Health Benefits Plan of New Jersey. B. All employees and their eligible dependents shall receive a dental plan at Township cost. C. The Township reserves the right to change insurance carriers during the lifetime of this Agreement so long as equivalent benefits are provided by the new carrier.
HOSPITALIZATION AND DENTAL. Salaried employees working a minimum of twenty (20) hours a week and their eligible dependents shall receive paid Hospitalization, Major Medical and Rider J Coverage with the State Health Benefits Plan of New Jersey, or its equivalent at the Township’s option.
HOSPITALIZATION AND DENTAL. A. 1. The District shall pay 90% of the premium specified by the New York Statewide Plan (Blue Cross, Major Medical) for the group health insurance. Any employee desiring another plan will have to bear any additional cost.
HOSPITALIZATION AND DENTAL. (a) The Board shall provide and pay One Hundred Percent (100%) of the cost of a Group Life and Health Insurance Plan. The Plan will provide:
HOSPITALIZATION AND DENTAL. A. The Township agrees to furnish all employees covered under this Agreement and their eligible dependents, hospitalization, major medical and Rider J coverage with the State Health Benefits Plan of New Jersey. B. Effective January 1, 2014, the parties shall be controlled by the mandates set forth in Public Laws 2011, Chapter 78 and appropriate contributions toward health care premiums shall be controlled by said statute as set forth in Exhibit A. (See Exhibit A: Employee Contribution Toward Health Benefits). C. All employees and their eligible dependents shall receive a dental plan at Township cost. D. The Township reserves the right to change insurance carriers during the lifetime of this Agreement so long as equivalent benefits are provided by the new carrier.
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HOSPITALIZATION AND DENTAL. A. Health Insurance 1. All employees on the payroll as of July 1, 2002 shall pay ten percent (10%) of their health insurance premiums. All employees hired on or after July 1, 2002 shall contribute twenty percent (20%) toward the cost o f health insurance premiums, 2. All new employees hired during the life o f this contract whose spouse is also employed by the District and is entitled to the District Health Insurance Plan, must take the health insurance buyout. 3. On or before April 1“ of each school year, existing unit members shall continue to inform the District of their desire to opt. out of the District’s health plan effective July 1* In return for opting out, the unit member shall receive a payment of sixty percent (60%) of the applicable coverage (individual or family) which shall be payable in two

Related to HOSPITALIZATION AND DENTAL

  • Hospitalization In the event an employee is hospitalized overnight, the employee will have access to their EIB accrual at the first day of absence due to the hospitalization. Same day surgery, if requiring five (5) or more days of recovery, may also be paid from the employee’s EIB account.

  • Dental specific medications for dental purposes, including fluoride medications (except for children less than five years of age with a non-fluorinated water supply);

  • Health and Dental Coverage A dependent child is an eligible employee’s child to age twenty-six (26).

  • Medical and Dental Coverage The County and Union agree that this Memorandum of Understanding shall be reopened at the County's request to meet and confer to discuss and mutually agree upon changes related to the Medical and Dental Plans, benefits, and contribution rates.

  • Medical and Dental If an employee is not actively at work on the initial effective date of coverage due to a reason other than hospitalization or medical disability of the employee or dependent, medical and dental coverage will be effective on the first day of the employee’s return to work. The effective date of a change in coverage is not delayed in the event that, on the date the coverage change would be effective, an employee is on an unpaid leave of absence or layoff.

  • Capitalization and Ownership (a) Section 3.4(a) of the Seller Disclosure Schedule sets forth an accurate and complete list of all the issued and outstanding shares of the capital stock of the Acquired Company. Section 3.4(a) of the Seller Disclosure Schedule includes an up-to-date excerpt from the commercial register and no material filings to the commercial register have been made, or should have been made, that have not been registered. The Shares represent all of the issued and outstanding shares of the capital stock of the Acquired Company. The Share Selling Affiliate is the sole record holder and beneficial owner of all of the Shares, free and clear of all Encumbrances, in the respective amounts set forth in Section 3.4(a) of the Seller Disclosure Schedule. Upon payment in full of the Purchase Price, good and valid title to the Shares will pass to the Purchaser (or its Designated Affiliate), free and clear of any Encumbrances, and with no restrictions on the voting rights or other incidents of record and beneficial ownership of such Shares. All of the Shares are duly authorized, validly issued, fully paid and nonassessable. There are no Contracts to which the Share Selling Affiliate or any other Person, is a party or bound with respect to the voting (including voting trusts or proxies) of the Shares. Other than the Shares, there are no outstanding or authorized options, warrants, rights, agreements or commitments to which the Acquired Company is a party or which are binding upon the Acquired Company providing for the issuance or redemption of any shares of the Acquired Company’s capital stock. (b) The Acquired Company does not own or have any rights to acquire, directly or indirectly, any capital stock or other equity interests of any Person. (c) No bankruptcy, insolvency or dissolution proceedings are applied for, pending or, to the Seller’s Knowledge, threatened with respect to the Acquired Company or the Share Selling Affiliate. Neither the Acquired Company nor the Share Selling Affiliate is required under the Laws of its jurisdiction of organization to file for bankruptcy, insolvency or dissolution.

  • Group Life and Accidental Death and Dismemberment (a) The Employer will pay 100% of the premiums for the group life and accidental death and dismemberment insurance plans. (b) The plan will provide basic life insurance in the amount of $50,000 and standard 24 hour accidental death and dismemberment insurance until age 65. At the age of 65 the amount of coverage will decrease to $25,000 until the age of 70, at which time the group insurance coverage will cease. Employees may purchase additional insurance provided this option is available by the carrier. The Employer will deduct the appropriate amount from the employee's pay for this option. (c) On termination of employment (excluding retirement) coverage for group life will continue without premium payment for a period of 31 days during which time the conversion privilege may be exercised; that is, the individual covered may convert all or part of their group life insurance into any whole life, endowment or term life policy normally issued by the insurer and the insurer's standard rates at the time, without medical evidence. (d) Employees will be entitled to advance payment of Group Life Benefits in accordance with Memorandum of Agreement #7 (Re: Advance Payment of Group Life Benefits).

  • Health and Hospitalization Insurance Single Coverage: The School District shall contribute a sum not to exceed $284.00 per month toward the premium for individual coverage for each full-time employee employed by the School District who qualifies for and is enrolled in single coverage in the School District’s group health and hospitalization insurance plan. Any additional cost of the premium shall be borne by the employee and paid by payroll deduction.

  • Capitalization and Related Matters (a) The Company has an authorized capital consisting of 230,000,000,000 shares of Common Stock and 25,000,000 shares in total of Series A-2 Convertible Preferred Stock, Series D Convertible Preferred Stock, Series C Preferred Stock and collectively with the Series E Preferred Stock, “Preferred Stock”, of which 13,489,918,237 shares of Common Stock and 3,000 shares of Preferred Stock are issued and outstanding as of the date hereof (after giving effect to the transactions contemplated hereby) as set forth on Schedule 3.2(a) hereto. All of the outstanding shares of the Company’s capital stock are, and immediately after the Closing will be, validly issued and outstanding, fully paid and non-assessable. No such stock (i) was issued in violation of the preemptive rights of any shareholder or (ii) is held as treasury stock. All of the outstanding capital stock of the Company was issued in compliance with all applicable federal and state securities or “blue sky” laws and regulations. (b) Except as set forth on Schedule 3.2(b) hereto, there are no outstanding securities convertible into Common Stock or any other capital stock of the Company nor any rights to subscribe for or to purchase, or any options for the purchase of, or any agreements providing for the issuance (contingent or otherwise) of, or any calls, commitments or claims of any character relating to, such capital stock or securities convertible into such capital stock (collectively, “Securities Rights”). Except as set forth on Schedule 3.2 hereto the Company (i) is not subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire any of its capital stock; or (ii) has no liability for dividends or other distributions declared or accrued, but unpaid, with respect to any capital stock. (c) Except as set forth on Schedule 3.2(c) hereto, the Company is not a party to any agreement, understanding or arrangement, direct or indirect, relating to any class or series of the Company’s capital stock, including, without limitation, any voting agreement, restriction on resale, shareholder agreement or registration rights agreement.

  • Capitalization of the Company (a) Schedule 4.29 sets forth a true and complete list of all of the issued and outstanding Equity Interests of the Company. Such Equity Interests of the Company have been duly authorized, are validly issued and are fully paid and, except to the extent otherwise provided under the law of the Company’s jurisdiction of formation, non-assessable and were issued in conformity with the Organizational Documents of the Company and all applicable contracts or Laws and were not issued in violation of, and are not subject to, any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar right under any provision of applicable Law, the Organizational Documents of the Company or any contract to which the Company is or was a party or by which it is or was otherwise bound. There are no certificates representing any of the Equity Interests of the Company. Seller has made available to Buyer true and complete copies of the Organizational Documents, minute books, membership interest certificate books, membership interest transfer books and equity ledgers of the Company to the extent the same are in existence. (b) There are no rights or Contracts (including options, warrants, calls and preemptive rights) obligating the Company (A) to issue, sell, pledge, dispose of or encumber any Equity Interest of the Company, (B) to redeem, purchase or acquire in any manner any Equity Interests of the Company or (C) to make any dividend or distribution of any kind with respect to the Equity Interests of the Company (or to allow any participation in the profits or appreciation in value of the Company). There are no outstanding or authorized membership interest appreciation, phantom unit, profit participation, or similar rights affecting the Equity Interests of the Company. There are no agreements, instruments, proxies, judgments or decrees, whether written or oral, express or implied, other than this Agreement, relating to the voting of, sale, assignment, conveyance, transfer, delivery, right of first refusal, option or limitation on transfer of any Equity Interests of the Company.

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