Impact on Benefits. The Award, if earned, will not be included as compensation under any of the Company’s retirement and other benefit plans, including but not limited to the X.X. Xxxxx Company Supplemental Executive Retirement Plan, the X.X. Xxxxx Company Employees Retirement and Savings Excess Plan and/or any other plan of the Company.
Impact on Benefits. Your RSU Award will not be included as compensation for the year of the grant for purposes of the X. X. Xxxxx Company Supplemental Executive Retirement Plan (as amended and restated effective September 1, 2007), the X. X. Xxxxx Company Employees Retirement and Savings Excess Plan (as amended and restated effective January 1, 2005), or any other plan of the Company, regardless of whether or not the RSUs subsequently vest.
Impact on Benefits. [To the extent that your RSU Award is or is related to an annual RSU award,] the face value of the award on the date of the grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of the H.X. Xxxxx Company Supplemental Executive Retirement Plan and the H.X. Xxxxx Company Employees Retirement and Savings Excess Plan, regardless of whether or not the RSUs subsequently vest.
Impact on Benefits. Because your RSU Award is or is related to an annual RSU award, the Fair Market Value of the Award on the date of the RSU grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant pursuant to the X.X. Xxxxx Company Supplemental Executive Retirement Plan (as amended and restated effective September 1, 2007) and the X.X. Xxxxx Company Employees Retirement and Savings Excess Plan (as amended and restated effective January 1, 2005), regardless of whether or not the RSUs subsequently vest. RSU Awards will not be included as compensation pursuant to any other plan of the Company except as expressly set forth in such plan(s).
Impact on Benefits. None of the RSUs being credited to your account are deemed to be a replacement for award opportunity under the Company's Shareholder Success Plan (SSP), and no portion of your RSU Award will be included as compensation for the year of the grant for purposes of the H.J. Heinz Company Supplemental Executive Retirement Plax xxx xxx X.X. Heinz Company Employees Retirement and Savings Excexx Xxxx.
Impact on Benefits. Employees in any classification who, with the discretionary approval of the Court Executive Officer, elect to work a reduced week for a specific period of time shall have their pay, vacation, holidays and sick pay and any other benefits reduced in accordance with such reduced workweek.
Impact on Benefits a) Group Health, Life, and Dental Benefits: An Employee may elect to continue health, life, and dental coverage by contacting the University Benefits Administration Office to arrange for continuation of benefits and by paying the full premium in advance as prescribed by the University. Coverage will be discontinued at any time the Employee becomes employed by another employer who provides health, dental and/or life insurance.
Impact on Benefits a. If an employee is not receiving a paycheck during a leave, there is no benefit (CARE Time) accrual during the leave period.
Impact on Benefits. Of the _____ RSUs being credited to your account, _____ are deemed to be a replacement for award opportunity under the Company's Shareholder Success Plan (SSP). To the extent that your RSU Award replaces a cash SSP award opportunity, the face value of the award on the date of the grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of the H.J. Heinz Company Supplemental Executive Retirement Plax xxx xxx H.J. Heinz Company Employees Retirement and Savings Excexx Xxxx, xegardless of whether or not the RSUs subsequently vest.
Impact on Benefits. Employees on an approved military leave of absence will have the option to continue certain benefits during the leave. Except as otherwise provid- ed by state law, the employee shall be required to pay the required month- ly (or weekly) contributions. During the Base pay continuation period described above, benefit deductions will be taken on a pre-tax or after-tax basis, as applicable to the particular benefit. When the employee is billed for the coverage, all benefits will be paid for with after-tax contributions. With respect to health insurance, bargaining unit employees typically will be permitted to continue their coverage for themselves, their spouses, el- igible domestic partners and covered dependents for a period of up to 24 months from the date their service began, unless otherwise required by state law. The amount to be paid by the employee for such continued coverage will depend on the length of Uniformed Service. Employees should refer to the Summary Plan Description (SPD) for each benefit plan in order to ensure the appropriate understanding of the impact of a military leave. The SPDs include the various limitations, offsets, and exclusions that may apply to illnesses, injuries, or losses that are incurred while serving in the armed forces or as a result of war or an act of war. They also include provisions regarding conversion or other applicable options that may be available when benefits coverage continued during military leave stop due to non-payment of required contributions, reaching maximum time period for continuing benefits during military leave, or other events that end benefits coverage.
