Long Term Plan. The Executive shall be eligible to participate in any long term incentive compensation plan or program available to other similarly situated executives of the Company, with customized targets and incentives as determined by the Company. The long term plan may be incorporated into or overlap with the Equity Awards program.
Long Term Plan. The Operator shall submit a proposal for a long-term plan to the management committee that shall reflect the goals and strategies that have been decided, adapted to the relevant phase of the activities and the challenges the joint venture is facing. Consistency between the long-term plan and the annual work programs and budgets shall be aimed at. The long-term plan shall describe the long-term and overall ambitions of the joint venture, its goals and main activities. The management committee shall each year decide whether an update of the long-term plan is needed. When preparing the long-term plan, the activities of the joint venture shall be considered in relation to possible synergies through collaboration with licensees of other licence areas.
Long Term Plan. The following information is intended only as a guide to the overall design of the Long Term Plan. Benefits under the Plan will be subject to the terms and conditions of the contract negotiated with the insurer selected to provide this coverage. The selection of an insurer and any changes in insurer from time to time will be made at the discretion of the Employer. Discussions will take place with the Union regarding any changes. A Short Term and Long Term Plan will be integrated so that, on the 120th calendar day of continuous disability (i.e., the end of 17 weeks), the Long Term benefits will commence. An employee still having days in her or his Sick Leave Credit Bank will have the option of utilizing these days to extend the length of time that Short Term Plan benefits are payable.
Long Term Plan. The Employer shall provide a Long Term Disability Plan, which shall provide for a payment of sixty-six and two-thirds (66 of salary, to a maximum of per month for full-time employees up to age or when the Employee has reached an unreduced pension as defined by as well as optical coverage for the first two years on to a waiting period of twenty-six (26) weeks, after declaration of disability by the insurer. The Employer shall pay the whole cost of the plan's premium. When an employee has been on long term disability for a period of two years, the Employer will pay for prescriptions only, until the employee is considered fit or the employee is considered totally disabled and remains on long term disability to age
Long Term Plan. (a) In the first quarter of each calendar year, Trident shall provide to NXP Semiconductors a non-binding long term plan (“LTP”), which shall describe Trident Group’s anticipated Product and/or Manufacturing Services needs in a reasonably equal spread of volumes, for the remainder of the Term.
(b) In the second quarter of each calendar year, NXP Group shall provide a non-binding confirmation to Trident Group if, according to NXP Group’s reasonably best estimate at such time, NXP Group would be able to deliver the requested Products and/or Manufacturing Services.
Long Term Plan. Employees still disabled beyond the expiration of their sick leave credits or 182 days (whichever is later) may be eligible for Long Term Disability Benefits as provided under the Group Benefits Policy with the Insurer. Full time and Regular part time (> 80%) employees are covered by the Long Term Disability Policy. This benefits program provides an income equal to 66 2 /3 % of basic salary for as long as total disability exists, up to age 65. This benefit is not payable for a designated Company Holiday where the employee receives holiday compensation from the Employer. • Employees on Long Term Disability will maintain most coverages with some exceptions. Employees should contact their Human Resources Representative for specific details.
Long Term Plan. Employer-paid.
Long Term Plan. In parties, hereto, agree to the following: Employees who were off work due to sickness or accident on the last day of coverage under the former Long Term Disability Plan will continue to be entitled to benefit payments under the terms of that Plan long as they remain eligible under the terms and conditions of that Plan. The Employer agrees to the check-off of premiums from all employees who shall be required to join as a condition of employment unless the Employer is otherwise notified by the Union. Letter of Understanding
Long Term Plan. It is mutually agreed by the parties hereto that the Company's current package of disability benefits shall be modified and that a co-ordinated Long Term Disability Plan shall be introduced, all as set out herein: The Weekly Income Benefit coverage maximum benefit period is weeks. The Company will pay of the premiums. The Long Term Disability Insurance program for regular full-time employees includes the following features:
Long Term Plan. Long Term Plan pays a one-time commission and monthly residual/reoccurring commissions.
