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Membership and Contributions Sample Clauses

Membership and Contributions. Unit members may voluntarily become members of the bank by making a contribution of accrued sick leave under the following conditions: 13.14.3.1 Initial contributions are made in writing. 13.14.3.2 Contributions are irrevocable once a unit member has become a member of the bank. 13.14.3.3 Contributions may be made only from a unit member's accrued sick leave and shall be deducted from said leave balance. 13.14.3.4 Contributions may be made only between September 1 and September 30 of any given year, except for unit members returning from leave who may contribute to the bank within ten (10) calendar days of return from leave, and new employees who may contribute within thirty (30) calendar days of employment. 13.14.3.5 The contribution in the first year of membership is one day. Members may continue membership in succeeding years by contributing one-half day if the Association deems it necessary. The minimum unit of contribution shall be one-half day. 13.14.3.6 On September 1 of each year, the Association will determine whether additional contributions are required to replenish the bank. When the total reserves of the bank fall below 100 days, the Association will notify members that an additional ½ day will be deducted from their accrued sick leave. If a member does NOT wish the ½ day deduction from the unit member’s sick leave, the unit member must notify the District in writing and in so doing withdraw from the membership in the bank. Any previous contributions the unit has made in previous years remain in the bank.
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Membership and Contributions. All teachers, who have contributed at least one (1) day to the Bank and conformed to membership requirements, shall be eligible for benefits. Effective September 1, 2008, the enrollment period will be defined as the first two (2) years of employment or two (2) years after the ratification of 2008-2010 agreement. After the first two (2) years of employment, enrollment in the Bank will not be permitted unless the teacher makes up days to the Bank. (See APPENDIX H.)
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Membership and Contributions. 14.3.1 It will be compulsory for an employer to make the Old Mutual Superfund Easy Benefit Plan (OMSEBP) available to all employees in the Squid Fishing Industry and Related Fisheries of South Africa per clause 1.1.4. above. 14.3.2 Membership to OMSEBP shall commence when the member makes his first contribution to the OMSEBP and will cease only when the full benefit in respect of the member has been paid in terms of the rules of the OMSEBP. 14.3.3 Each member shall be issued with certificated proof that he is a member of the OMSEBP and shall be entitled to an annual statement of his benefits under the OMSEBP. 14.3.4 The minimum monthly contribution per member / employee shall not be less than R 100,00 per month. 14.3.5 An employer shall contribute 50% of the monthly contribution to the OMSEBP due by an employee, the amount not being less than R 50,00 per month per employee. 14.3.6 An employer shall pay the full monthly contribution due by an employee to the OMSEBP during official closed season/s for Squid fishing as may be determined from time to time by the Minster of Agriculture, Forestry and Fisheries. The contribution thus made, shall be recovered from the employee concerned at the earliest convenient opportunity once the Squid fishing season resumes. 14.3.7 An employer shall pay the full monthly contribution due by an employee, being the employee’s contribution as well as the employer’s contribution, to the OMSEBP not later than the 7th day of the month immediately following the month in respect of which contributions are payable. 14.3.8 Member’s contributions shall be accompanied by a list per MS Excel Spreadsheet, reflecting (a) the company name, (b) employee’s names and (c) ID numbers, of all the employees on whose behalf contributions are being made to the OMSEBP by the employer. 14.3.9 It will be allowable for an employer to pay the annual contributions due to the OMSEBP on a once off and annual basis for a 12 month period to the OMSEBP in respect of – 14.3.9.1 only the employer’s annual contributions (that being 50% of the total monthly contribution) or 14.3.9.2 with the employee’s written consent, the employee’s annual contribution as well as the employer’s annual contribution. 14.3.10 Contributions to the OMSEBP thus paid in advance by an employer on behalf of an employee may, with the written consent of an employee, be recovered from the employee’s monthly remuneration in equal monthly instalments, depending on the number of closed fishing se...
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Membership and Contributions. Unit members may voluntarily become members of the bank by making a contribution of accrued sick leave under the following conditions:
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Membership and Contributions. The Normal Pension Age is the age that you can retire from NHS employment and have your pension paid without reduction or enhancement. The actual age that applies to you will depend on which section of this Scheme you are in and your status. The differences for each type of member are described below. The 1995 Section’s Normal Pension Age is 60. If you work beyond age 60 your pension will be payable from when you eventually retire but will not be backdated.. If you have one NHS job you must retire from the job for at least 24 hours to qualify for your pension. If you have two or more concurrent pensionable jobs in the NHS you are only required to retire for at least 24 hours in one of them provided that the remaining jobs totals 16 hours a week or less. However, you must cease to be pensionable in all your other jobs. If you are retired prematurely due to redundancy or interest of efficiency of the service, you should read the additional information in the Premature retirement section of this guide on page 29. You may not rejoin this Scheme once you are in receipt of a pension (unless it is an ill health retirement pension and you are under age 50). If you are a member of both the 1995/2008 Scheme and the 2015 Scheme please read the factsheet for members of the 2015 Scheme who also have membership in the 1995/2008 Scheme to understand more about special class and mental health officers. This is available on our website at: xxx.xxxxxx.xxx.xx/xxxxxxxx The 2008 Section’s Normal Pension Age is 65. If you work beyond age 65 your pension will be payable from when you eventually retire and it will be increased because it is being paid later. More details about this are in the late retirement section of this guide on page 32. You must stop work in all your jobs for at least 24 hours to enable all of your retirement benefits to be paid. A 24 hour break is not required if you partially retire and utilise flexible retirement options. Members can build up 45 years pensionable membership in total. If you reach 45 years pensionable membership and continue in NHS employment you can, if you wish, continue to pay contributions into the 2008 Section. To be eligible you must apply in writing giving notice of your intention to stay in pensionable employment beyond 45 years. NHS Pensions, on behalf of the Secretary of State, and your employing authority should receive that notice no earlier than three months before you reach the 45 year limit and by the end of the pay period d...
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Membership and Contributions. The initial capital and assets contributed by each Member and such Member’s Percentage Interest are set forth in Exhibit A.
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Membership and Contributions 
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Related to Membership and Contributions

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • Other Contributions In this Agreement, Other Contributions means the financial or in-kind contributions other than the Grant set out in the following table: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • User Contributions The Website may contain message boards, chat rooms, personal web pages or profiles, forums, bulletin boards, and other interactive features (collectively, "Interactive Services") that allow users to post, submit, publish, display, or transmit to other users or other persons (hereinafter, "post") content or materials (collectively, "User Contributions") on or through the Website. All User Contributions must comply with these Terms of Use. Any User Contribution you post to the site will be considered non-confidential and non- proprietary. By providing any User Contribution on the Website, you grant us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties any such material. You represent and warrant that: • You own or control all rights in and to the User Contributions and have the right to grant the license granted above to us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns. • All of your User Contributions do and will comply with these Terms of Use. You understand and acknowledge that you are responsible for any User Contributions you submit or contribute, and you, not the Company, have full responsibility for such content, including its legality, reliability, accuracy, and appropriateness. We are not responsible or liable to any third party for the content or accuracy of any User Contributions posted by you or any other user of the Website.

  • Company Contributions 33.1.1 The Company will make contributions on the Employee’s behalf to a complying superannuation fund which meets the Company’s statutory obligations under applicable superannuation legislation.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

Most Referenced Clauses

Most Referenced Definitions