Insurance and Benefits Sample Clauses

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 and Benefits. Employees covered by this MOU who are otherwise eligible may participate in the health and other insurance plans as offered by the State of Maryland and the University System of Maryland, as they may exist from time to time, on the same basis and subject to the same terms and conditions including the payment of all applicable premiums, co-pays, deductibles and other fees and expenses as established for other University and State employees.

Insurance and Benefits. You shall be eligible for participation in all health and insurance benefit plans that may be established by the Company or which the Company is required to maintain by law. You shall also be entitled to participate in any employee benefit programs which the Company may establish for its key employees or for its employees generally, including, but not limited to other insurance policies, bonuses and stock purchase or option plans.

Insurance and Benefits. The Executive and his "dependents," to the extent eligible thereunder, shall be entitled to participate in all employee and executive benefit plans, programs and policies currently available to other Corporation employees of comparable status, title and experience, as well as any plans, programs and policies adopted by the Corporation during the Term of this Agreement.

Insurance and Benefits. 18.1 The University will provide group health benefits to bargaining unit members on the same basis as such benefits and costs are provided to all other University employees except as provided by this article. A bargaining unit member who chooses to participate in all or any part of the University-wide program of insurance benefits shall pay the member’s share of premiums, deductibles and other costs as established by the University. Regular part-time employees with appointments of 50% or more shall pay premiums in the same manner as all other regular part-time employees of the University. From January 1, 2016 through December 31, 2016, the aggregate Employer subsidy percentage of the applicable premium for full-time bargaining unit members enrolled in the “core” health plan will be no less than 85% and the applicable premium for eligible dependents of full-time bargaining unit members enrolled in the “core” plan will be no less than 80% subject to the following conditions: A. An adjustment to each bargaining unit member’s contribution percentage will be made based upon the member’s participation or non-participation in the personal health assessment (PHA) or similar participation in specified preventive care, wellness, care management and related healthcare programs. Members will be provided an alternative means to complete the PHA, if requested by such member. Any adjustment based on the member’s participation shall not result in a member’s contribution percentage of more than 25%. The University may allow an additional premium adjustment to be made for any covered spouse or same-sex domestic partner based on participation in the PHA or similar participation in specified preventive care, wellness, care management and related healthcare programs. B. Bargaining unit members may be offered the opportunity to enroll in plans other than the “core” plan, and will pay the difference between the applicable premium for the “core” plan and the total applicable premiums for the plan in which the member is enrolled.

Insurance and Benefits. (i) Employee shall be entitled to participate in or receive benefits under all employee and executive benefit plans or arrangements and perquisites of employment, including, without limitation, plans or arrangements providing for health and disability insurance coverage, life insurance for the benefit of Employee's beneficiaries, deferred compensation and pension benefits, and personal financial, investment, legal or tax advice, all at the highest level that is available through the Company to other peer executive officers of the Company subject to the same terms and conditions as apply to such other peer executive officers. (ii) Employee shall be entitled to all holidays recognized by the Company and paid vacation time in accordance with the most favorable plans, policies, programs and practices of the Company as in effect for Employee at any time during the ninety (90) day period immediately preceding the Effective Date, or if more favorable to Employee, as in effect generally at any time thereafter with respect to other peer executive officers of the Company, but in no event less than three (3) weeks per year. Employee shall be reimbursed by the Company for all expenses incurred on behalf of the Company in accordance with the then current reimbursement policies of the Company. Nothing paid to Employee under any plan, arrangement or perquisite presently in effect or made available in the future shall be deemed to be in lieu of the salary and other compensation or payments paid or payable to Employee under this Agreement. (iii) In the event of a termination of Employee's employment with the Company as a result of or in connection with a Triggering Event, and Employee elects under COBRA to continue his individual and/or family group health coverage, then for a twelve (12) month period following the Termination Date, the Company shall pay Employee (on a monthly basis) an amount equal to the actual premium cost to Employee for such continuation coverage.

Insurance and Benefits. You shall be eligible for participation in any health, dental and other group insurance plans which may be established by the Company or which the Company is required to maintain by law.

Insurance and Benefits. SECTION 1. Health & Life Insurances The City will continue to provide medical, dental, vision, and life insurance for the employee through the City County Insurance Services (CIS). The City will provide the same Regence Blue Cross High Deductible Health Plan with a Health Savings Account (HDHP-1 w/HSA) with a $1500/$3000 deductible, and Alternative Care Rider, Dental Option II, VSP (12/12/24) vision plan, and $10,000 Standard Life, or coverage that is substantially equivalent on the whole. The City will pick up the cost of the premium for Vision insurance for the employee only. Employees will continue to pay 100% of the cost of the premium for any dependents. In the event any of the above listed insurance plans are discontinued during the term of this agreement, the parties agree to negotiate for a successor policy related only to the discontinued plan. a. HSA Contributions In addition, the City will deposit annually into employee’s HSA plans $1,200 for an individual plan, $2,500 for a 2-party plan and $2,300 for a family plan. These contributions will be made January 1st of each year. Such amounts may be used to pay for the employee’s deductible costs or other qualifying medical expenses. Employees working on a part-time basis shall receive a pro-rated benefit.

Insurance and Benefits. The Employee and his "dependents," to the ----------------------- extent eligible thereunder, shall be entitled to participate in all employee and executive benefit plans, programs and policies currently available to other Company employees of comparable status, title and experience, as well as any plans, programs and policies adopted by the Company during the Term of this Agreement.

Insurance and Benefits. (a) Subject to Employee being insurable at standard rates as of the commencement of employment (or when coverage is applied for, as applicable) and to the availability of such coverage from the Company's customary insurance providers, the Company shall (i) obtain on Employee's behalf life, disability, hospitalization and medical insurance coverage in accordance with the Company's standard group coverage, (ii) pay the premiums, or reimburse Employee for premiums paid, to obtain, coverage as described below in addition to the Company's standard group coverage in accordance with the Company's standard policies and procedures: (A) basic term life insurance policy at the best available rates for a fifteen (5) year level term type product, but not higher than standard nonsmoker rates, in an amount of coverage equal to One Million ($1,000,000) Dollars, and (B) disability income insurance coverage, which, when added to the standard group coverages, will provide a monthly benefit of sixty (60%) percent of the sum of (x) Employee's current Base Salary, (y) any amount of Bonus (as defined in the Compensation Agreement) payable to Employee, without adjustment or deduction for any Bonus amount the payment of which was deferred pursuant to this Agreement for the Term Year preceding the Term Year in which the disability occurs, and (z) any amount of salary for the Term Year in which the disability occurs, the payment of which was deferred pursuant to this Agreement, and (iii) share the cost of Employee's health insurance premiums in accordance with the Company's standard employee policies and procedures. The Company will reimburse Employee for any amount incurred in connection with an annual physical examination not covered by insurance. (b) Employee shall be provided an annual automobile allowance of Eight Thousand and No/100 ($8,000.00) Dollars, payable in accordance with the Company's customary procedures, which amount shall be reviewed annually and may be modified in writing prior to the commencement of any Term Year. (c) The Company will pay for an executive financial program for Employee as provided by Advisory Services, Ltd. (d) Employee shall be entitled to participate in any 401(k) Plan of the Company generally available to other employees of the Company, except as may be limited by applicable law or regulation. 4 5 (e) The Company shall pay Employee's reasonable travel and business expenses (including air travel at coach rate), subject to Employee's submission ...