Medical and Other Benefits. As you become eligible for them, you will be entitled to receive from the Company those medical, dental and related benefits which are currently available to the Company's CEO. You agree that nothing contained in the Agreement shall prevent the Company from changing insurance carriers or from effecting modifications to or eliminating such benefits entirely. You will also receive all other benefits to which the Company's current CEO is entitled.
Medical and Other Benefits a. All medical insurance, longevity as modified by the OJE agreement and tuition waiver benefits currently in force at the time of this Agreement shall remain in force, except as follows:
Medical and Other Benefits. In addition to any statutory right, if applicable, that Executive may have with respect to the continuation of medical or other benefits, the Bank and the Holding Company shall continue to provide Executive with life, medical, dental and disability coverage substantially identical to the coverage maintained by the Bank or the Holding Company immediately prior to the Change in Control for the two (2) year period immediately following the Change in Control.
Medical and Other Benefits. As determined by the Board in its sole discretion, provided that all benefits are on terms no less favorable than those provided to all other executives,
Medical and Other Benefits. As determined by the Board in its sole discretion, provided that all benefits are on terms no less favorable than those provided to all other executives, including senior executives, of the Company, including, to the extent applicable:
i) Medical and health insurance for Executive and dependants;
ii) Medical expense reimbursement plan;
iii) Retirement, pension and 401(k) plans; and
iv) Life, disability and key-man insurance.
Medical and Other Benefits. During approved FMLA leave, CMP will maintain your benefits as if you continued to be actively employed. If paid leave is substituted for unpaid FMLA leave, CMP will deduct your portion of the benefits premium(s) as a regular payroll deduction. If your leave is unpaid, you must pay your portion of the premium(s) through check made payable to CMP via mail or in person to Human Resources. If your payment is more than 15 days late, we will send you a letter to this effect. If we do not receive your premium payment within 15 days after the date of this letter, your coverage may cease. If you are unable to return to work for at least 30 calendar days at the end of the approved leave period, are not covered under other applicable law, and are not in direct consultation with Human Resources regarding additional options, you may 1.) no longer be under job-protected leave 2.) be separated from employment and 3.) be required to reimburse CMP for the cost of the benefit premium(s) paid by CMP for maintaining coverage during your unpaid leave, unless you cannot return to work because of a serious health condition or other qualifying circumstances.
Medical and Other Benefits. During the term of this Agreement, The Xxxxxx Union Medi- cal Plan, group life insurance, retirement benefits, tuition assistance, optical, dental and disa- bility benefits maintained by The Xxxxxx Union for the benefit of members of the bargaining unit shall be continued and maintained by The Xxxxxx Union as they existed in the Agreement which ended August 31, 1999, and further modified as follows by the Agreement of 1999- 2002, and the present Agreement:
1. Bargaining unit members may opt to receive their medical care from professionals associ- ated with a Preferred Provider Organization (Anthem). Effective April 1, 2000, there will be no deductible for services within the Preferred Provider network. There will be a $12 maximum co-payment for office visits within the Preferred Provider network. For ser- vices within the Preferred Provider Organization, the out-of-pocket maximum will be
2. Effective April 1, 2000, for services received outside the Preferred Provider Organization, the calendar year deductible will be $200 for an individual and $400 for a family. The out-of-pocket maximum will be $750 for an individual and $2,000 for a family.
3. If a covered person does not have a choice of "preferred providers" (2 or more) within a 15 mile radius of his or her home, the deductibles and out-of-pocket maximum expenses will remain at the levels of the 1996-1999 Agreement: i.e., a deductible of $100 for an in- dividual and $300 for a family; and out-of-pocket maximum expenses of $600 for an indi- vidual and $1,800 for a family.
4. Medical coverage for surviving spouses and dependents: Spouses and dependents of bar- gaining unit members who die and are eligible for retirement from The Xxxxxx Union, will be entitled to coverage on the same basis as surviving spouses and dependents of re- tired bargaining unit members.
5. The administrators of the Xxxxxx Union Health Benefits Plan will continue to calculate the Usual and Customary Rate (UCR) at the 95th percentile of the sampled range of local rates.
6. Any bargaining unit member who anticipates an overnight stay in a hospital will call the health plan administrator (CoreSource) for pre-admission certification. Any member whose hospitalization is not certified will be subject to the same penalty as applies to non- bargaining unit employees of the Xxxxxx Union who receive benefits under the Plan. Aside from the penalty, this change shall not otherwise effect a diminution in coverage or benefits.
7. Effective Apri...
Medical and Other Benefits. Employee shall receive the same benefits as are given to Company's other key executives as to medical, dental, disability, retirement and other similar benefits. In addition, Employee shall be provided with full family medical and dental coverages with plan terms and equal to the coverages that are provided to other employees.
Medical and Other Benefits. The Company and the Bank shall provide medical insurance for the benefit of the Consultant and his spouse during the Consulting Period, at no cost to the Consultant and his spouse, with the terms of such coverage being similar to the coverage provided by the Company and the Bank to their employees. In addition, the Company and the Bank shall provide dental and long-term care insurance coverage for the benefit of the Consultant and his spouse during the Consulting Period, at no cost to the Consultant and his spouse, with the terms of such coverage being similar to the coverage provided by the Company and the Bank as of the Effective Date of this Agreement. Any insurance premiums payable by the Company and the Bank pursuant to this Section 4(b) shall be payable at such times and in such amounts (except that the Company and the Bank shall also pay any employee portion of the premiums) as if the Consultant was still an employee of the Company and the Bank, subject to any increases in such amounts imposed by the insurance company or COBRA, and the amount of insurance premiums required to be paid by the Company and the Bank in any taxable year shall not affect the amount of insurance premiums required to be paid by the Company and the Bank in any other taxable year; and provided further that if the Consultant’s participation in any group insurance plan is barred, the Company and the Bank shall either arrange to provide the Consultant with insurance benefits substantially similar to those which the Consultant was entitled to receive under such group insurance plan or, if such coverage cannot be obtained, pay a lump sum cash equivalency amount within thirty (30) days following such bar for the then remaining period based on the annualized rate of premiums then being paid by the Company and the Bank.
Medical and Other Benefits. You will receive medical and other benefits under the same terms as during your employment prior to the Position End Date, including 401(k) and ESPP, other than PTO, which will cease to accrue as of the Position End Date. You acknowledge that you were paid for all accrued, but unused PTO on the Position End Date.
