Common use of Level of Benefits and Contributions Clause in Contracts

Level of Benefits and Contributions. The levels of contributions will be calculated to result in a Company maximum contribution percentage of 72%. This will be based on reasonable actuarial assumptions regarding the range of coverage elections that may be selected by Participants and the premiums that are likely to be collected as a result.

Appears in 5 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Duration of Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.