Medical Benefits and Life Insurance Sample Clauses

Medical Benefits and Life Insurance. The Employer or the Change Entity shall maintain in full force and effect for the Employee’s (and for his/her family if family coverage is then in effect) continued benefit until the earlier of the number of months listed in Item 6(c)(v) on Exhibit A after the Date of Termination, or the end of the calendar month in which the Employee reaches the age of 67, all medical insurance (including health care, dental and prescription drug insurance), life insurance, and accidental death and dismemberment insurance including conversion rights (collectively, “Welfare Benefits”), with coverage and limits, separately for each Welfare Benefit and in the aggregate, identical to those in effect with respect to the Employee (including family coverage if family coverage is then in effect), immediately before the Date of Termination or, if higher (both separately and in the aggregate) at any time during the Protection Period. If the Employer or the Change Entity is unable to provide some or all of the Welfare Benefits through its insured program for the duration of the period described in the first sentence of this paragraph, the Employer or the Change Entity will distribute to the Employee a lump sum cash amount equal to the highest aggregate premium amount paid during the Protection Period with respect to the Welfare Benefit it is unable to provide through its insured programs multiplied by the number of whole and fractional premium periods for which it is unable to provide this coverage through its insured program, plus an additional amount equal to the Premium Tax Obligation (as defined below). If the Employee is a participant in the Company’s Executive Committee Life Insurance Program (and/or any analogous plan adopted after the date of this Agreement) on the Date of Termination, the Change Entity and/or the Employer shall pay the premium for the Employee on such insurance for a period ending the earlier of the number of months listed in Item 6(c)(v) on Exhibit A after the Date of Termination, or the calendar month in which the Employee reaches the age of 67, plus an additional amount to the Employee equal to the Premium Tax Obligation. For the sole purpose of determining the Employee’s eligibility to participate in the Company’s Welfare Benefit programs, the Employee shall be considered to be on a paid leave of absence as long as he/she is receiving benefits under this Agreement.
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Medical Benefits and Life Insurance. A. Life Insurance
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Medical Benefits and Life Insurance. The Company shall maintain in full force and effect for the Employee's continued benefit until the earlier of the anniversary listed in Item 6(c)(5)A on Exhibit A of the Date of Termination or the calendar month in which the Employee reaches the age of 67, all medical insurance (including health care, dental and prescription drug insurance), life insurance, and accidental death and dismemberment insurance (including conversion rights), with coverage and limits identical to those in effect with respect to the Employee immediately prior to the Change in Control. If the Employee is a participant in the Company's Executive Committee Life Insurance Program, the Company shall pay the premium for the Employee on such insurance for a period ending the earlier of the period listed in Item 6(c)(5)B on Exhibit A after the Date of Termination or the calendar month in which the Employee reaches the age of 67, plus an additional amount to the Employee equal to the Employee's projected federal, state, county and municipal income taxes on the premiums so paid, which projected taxes shall be calculated at the highest marginal tax rates. For the sole purpose of determining the Employee's eligibility to participate in the Company's medical, life, and accidental death and dismemberment insurance plans, the Employee shall be considered to be on a paid leave of absence as long as he/she is receiving benefits under this Agreement. In lieu of the benefits provided to Employee under this subparagraph 6(c)(5) for medical insurance, within six months after the Date of Termination, the Employee may irrevocably elect in writing to receive a lump sum cash payment. The payment will equal the Company's current cost to provide the medical insurance benefits over the remaining period (without a present value
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Medical Benefits and Life Insurance. 48 Section 12.1 Return to Full-Time Work 48 SIDELETTER XX. 0 00 XXXXXXXXXX XX. 0 00 XXXXXXXXXX XX. 0 49 SIDELETTER XX. 0 00 XXXXXXXXXX XX. 0 00 XXXXXXXXXX XX. 0 51 SIDELETTER XX. 0 00 XXXXXXXXXX XX. 0 00 XXXXXXXXXX XX. 0 54 SIDELETTER NO. 10 55 SIDELETTER XX. 00 00 XXXXXXXXXX XX. 00 00 SIDELETTER XX. 00 00 XXXXXXXXXX XX. 00 00 SIDELETTER NO. 15 59 SIDELETTER NO. 16 [deleted] 60 SIDELETTER NO. 17 60 SIDELETTER NO. 18 60 SIDELETTER NO. 19 [deleted] 60 SIDELETTER XX. 00 00 XXXXXXXXXX XX. 00 00 SIDELETTER XX. 00 00 XXXXXXXXXX XX. 00 00 SIDELETTER NO. 24 64
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Medical Benefits and Life Insurance. (A) Feraro shall continue to be covered under Unity’s standard family medical benefit program, the costs thereof to be paid by Unity subject to Feraro’s contribution of the employee portion thereof, during the Severance Period, which employee contributions shall be deducted by Unity from the regular payroll payments to be made to Feraro during 2004 under Paragraph 2(ii), above. Such coverage shall continue for all of 2004 regardless of the death of Feraro during
Sample 1
Medical Benefits and Life Insurance. That the benefits provided by Cityhome under this Article shall take effect after the employee has completed aggregate hours. That in respect of an employee of Cityhome coming within the (Cityhome) Unit who is an insured person under the Health Insurance Act, Cityhome shall pay percent for the insured services of such employee and the dependant or dependants thereof, and dependant full-time students over the age of twenty-one if any, required thereunder. That Cityhome shall enter into a contract with an insurer selected by Cityhome for the purpose of supplementing the insured services referred to in sub-clause hereof by providing accommodation at the semi-private xxxx level for any employee to whom such sub-clause is applicable, and such contract shall provide that in respect of each such employee, Cityhome shall pay percent of the single premium or the family premium, as the case may be, for such supplementary services provided that such insured services shall provide benefits equivalent to the benefits provided by Co-operative Health Services. That Cityhome shall enter into a contract with an insurer licensed under the Insurance Act or an association registered under the Prepaid Hospital and Medical Services Act to provide an Extended Health Benefits plan providing for a basic deductible of ten (10) dollars per year with respect to each employee or spouse or child thereof, full time students years of age to a maximum of years of age, covered thereby, subject to a second and final deductible of ten (10) dollars per year with respect to each employee with the employee's family covered thereby, for any employee of Cityhome coming within the (Cityhome) Unit, who is an insured person under the Health Insurance Act, Cityhome shall pay percent for the insured services of such employee and the dependant or dependants thereof, and dependant full-time students over the age of twenty-one if any, required thereunder, of the single premium or family premium, as the case may be, for such extended health benefits coverage provided that the eye Glass Benefit provided thereunder shall be a maximum of two hundred (200.00) dollars every two calendar years. Paramedic, Chiropractic, Osteopathic and Paediatric coverage will be included under the Extended Health Benefits Plan. The cost of Hearing Aids, covered under the Extended Health Benefits Plan, will be to a maximum of The Paramedic Service benefit provided thereunder shall be a maximum of two hundred and fifty dollars ($...
Sample 1

Related to Medical Benefits and Life Insurance

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Medical and Dental Benefits If Executive’s employment is subject to a Termination, then to the extent that Executive or any of Executive’s dependents may be covered under the terms of any medical or dental plans of the Company (or an Affiliate) for active employees immediately prior to the Termination Date, then, provided Executive is eligible for and elects coverage under the health care continuation rules of COBRA, the Company shall provide Executive and those dependents with coverage equivalent to the coverage in effect immediately prior to the Termination. For a period of twelve (12) months (18 months for a Termination during a Covered Period), Executive shall be required to pay the same amount as Executive would pay if Executive continued in employment with the Company during such period and thereafter Executive shall be responsible for the full cost of such continued coverage; provided, however, that such coverage shall be provided only to the extent that it does not result in any additional tax or other penalty being imposed on the Company (or an Affiliate) or violate any nondiscrimination requirements then applicable with respect to the applicable plans. The coverages under this Section 4(e) may be procured directly by the Company (or an Affiliate, if appropriate) apart from, and outside of the terms of the respective plans, provided that Executive and Executive’s dependents comply with all of the terms of the substitute medical or dental plans, and provided, further, that the cost to the Company and its Affiliates shall not exceed the cost for continued COBRA coverage under the Company’s (or an Affiliate’s) plans, as set forth in the immediately preceding sentence. In the event Executive or any of Executive’s dependents is or becomes eligible for coverage under the terms of any other medical and/or dental plan of a subsequent employer with plan benefits that are comparable to Company (or Affiliate) plan benefits, the Company’s and its Affiliates’ obligations under this Section 4(e) shall cease with respect to the eligible Executive and/or dependent. Executive and Executive’s dependents must notify the Company of any subsequent employment and provide information regarding medical and/or dental coverage available.

  • SUPPLEMENTAL BENEFITS The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Compensation and General Benefits As compensation for his services under this Agreement, the Executive shall be compensated as follows:

  • Split Dollar Life Insurance The Company shall pay to the Executive a lump sum equal to the cost on the Termination Date of purchasing, at standard independent insurance premium rates, an individual

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

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