Long Term Plan Clause Samples
The Long Term Plan clause outlines the parties' agreement on objectives, strategies, or actions to be pursued over an extended period within the contract. Typically, this clause details the scope of the plan, the responsibilities of each party in developing or updating the plan, and the process for reviewing progress or making adjustments. For example, it may require annual meetings to assess milestones or set new targets. Its core function is to provide a structured framework for ongoing collaboration and adaptation, ensuring both parties remain aligned on long-term goals and can respond to changing circumstances effectively.
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. The Employer will contribute per of benefit of actual salary*) for employees in such plan. ⚫ 68.9% for those employees in the Teachers’ Pension Plan. The defined in Articles and include the Ontario Sales Tax. Employee In the Benefit Plans in Articles and is optional and requires completion of the respective registration cards days of of the The insurance plans defined in Articles and are also available for permanent part-time employees. The Employer’s share of the premiums as outlined In those articles will be pro-rated for part-time employees on the basis of the of hours, thirty-two and one half hours, thirty hours or forty hours where applicable, per week which the employee normally works, excluding overtime. The Board will only contribute its share of the premiums for those employees who have completed their probationary period and who are at work, on vacation or on paid sick leave. The Board will pay its share of the premiums employees employed on a school year basis who have completed their probationary period but who are not at work by reason of Christmas and Winter breaks, and the summer period (July and August). ⚫ for those employees in the Teachers’ Pension Plan. The Board will continue to pay its share of the premiums for the employee benefit plans which the employee is during Pregnancy and Parental leaves. The employee is required to pay the premiums every three months in advance. The plans described in Articles will terminate at age or if the employee is actively at work age the benefits will terminate on June of school year following the employee’s birthday. Employer will pay the cost of which plan shall be for all permanent full-time employees. The plan is also available to pan-time employees who meet the criteria as defined by The Parties agree that for month employees the employees share of the premiums for July and August will be deducted from the employees last eight pays of the school year.
Long Term Plan. The employees pay the full cost of premiums for the Long Term Disability Plan. The Plan will provide sixty percent (60%) of normal earnings up to a maximum of two (2) years of coverage. This is a non-taxable benefit because employees pay one hundred percent (100%) of the premiums. The Company agrees to provide the Union and employees with information relating to the annual renewal of the LTD program. Within ninety (90) days of providing the information, the Union will advise the Company whether or not the current program should continue.
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 management of the Lodge. Discussions will take place with the Union regarding any changes. The Short Term and Long Term Plan will be integrated so that, on the one hundred and twentieth (120th) calendar day of continuous disability (i.e., the end of seventeen (17) weeks), the Long Term Benefits will commence. An employee still having days in his/her 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. (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. The following information is intended only a to the of the Long Plan. under will be subject to the and of the contract nego- tiated with the selected provide coverage. The selection of an insurer and changes in insurer from to will made at the discretion of the of the Lodge. Discussions will take place with the Union regarding any changes. Short Term and Long Term will integrated so that, the 120th calendar day of disability of weeks), the Long Term Benefits will commence. employee still having days Sick Leave Credit Bank will the of uti- lizing these days to the of that Short arc payable.
Long Term Plan. The Long Term Plan will be Village Preparatory School :: Woodland Hills Campus’s version of a scope and sequence document. The plan is a combination of a schedule of assessed standards and a unit sequence calendar. Further Schedule of Assessed Standards will be created during the Summer Institutes of 2012, 2013, and 2014.