Option Number One Sample Clauses

Option Number One. Welfare Benefits, (Medical, Dental, Vision) Provided by the District 24.4.1 The bargaining unit member shall have attained the age of fifty-five (55) or more. 24.4.2 The bargaining unit member shall be receiving STRS or PERS retirement benefits. 24.4.3 The bargaining unit member shall have been a full time certificated bargaining unit member of the District for at least ten (10) years or the equivalent of ten (10) years of full-time service (e.g. 20 years as a .5 F.T.E. bargaining unit member) or shall have participated in Option Number Two. 24.4.4 The level of District contribution toward medical, dental and vision benefits will be consistent with the current benefit contribution provided to all bargaining unit members. 24.4.5 For bargaining unit members retiring prior to July 1, 2006, benefit coverage will include the bargaining unit member, bargaining unit member's spouse or registered domestic partner and eligible dependents. For bargaining unit members retiring between July 1, 2006 and June 30, 2010, benefit coverage will include only the bargaining unit member.
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Option Number One. Welfare Benefits, (Medical, Dental, Vision) Provided by the District 24.4.1 The bargaining unit member shall have attained the age of fifty-five (55) or more. 24.4.2 The bargaining unit member shall be receiving STRS or PERS retirement benefits. 24.4.3 The bargaining unit member shall have been a full time certificated bargaining unit member of the District for at least ten (10) years or the equivalent of ten (10) years of full-time service (e.g. 20 years as a .5 F.T.E. bargaining unit member) or shall have participated in Option Number Two. 24.4.4 Benefit Coverage will include only the bargaining unit member. 24.4.5 Bargaining Unit Members may choose to continue medical, dental and/or vision coverage for their spouse or registered domestic partner and eligible dependents by paying premiums through the District benefit program so long as the carrier will provide insurance. 24.4.6 The benefits shall continue to age 65 or for not more than seven (7) years after retirement, whichever occurs first. Prior bargaining unit members no longer eligible for Option 1, may choose to continue medical, dental and/or vision coverage by paying premiums for themselves, their spouse or registered domestic partner and eligible dependents through the current health care administrator so long as the carrier will provide insurance. 24.4.7 After age 65, prior Bargaining Unit Members no longer eligible may choose to continue medical, dental and/or vision coverage by paying premiums for self, spouse or registered domestic partner and/or eligible dependents through the Retiree Benefit Trust Administrator so long as the carrier will provide insurance. 24.4.8 Upon electing to participate in this Retirement Incentive Program the bargaining unit member may not return as a regular certificated bargaining unit member of the District. 24.4.9 The certificated bargaining unit member wishing to participate in this Retirement Incentive Program shall notify the Human Resources Office by February 1 of that year when the bargaining unit member plans to retire. 24.4.10 A retired prior bargaining unit member who moves outside the service area of his/her existing health plan may request that the District send the same premium amount currently paid to a different health plan. The prior bargaining unit member may be required to prepay the difference in premium amount to the District in advance of the premium due date. If the District does not receive the prepay amount from the prior bargaining unit me...
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Related to Option Number One

  • Tax Identification Number All deposits to the Accounts shall be subject to the Escrow Agent's receipt of a valid tax identification number for the Company, Manager or Potential Investor, as applicable.

  • EIN Number ☐ Notwithstanding anything contained in this Agreement to the contrary, by checking this box (i) the obligations of the above-signed to purchase the securities set forth in this Agreement to be purchased from the Company by the above-signed, and the obligations of the Company to sell such securities to the above-signed, shall be unconditional and all conditions to Closing shall be disregarded, (ii) the Closing shall occur on the second (2nd) Trading Day following the date of this Agreement and (iii) any condition to Closing contemplated by this Agreement (but prior to being disregarded by clause (i) above) that required delivery by the Company or the above-signed of any agreement, instrument, certificate or the like or purchase price (as applicable) shall no longer be a condition and shall instead be an unconditional obligation of the Company or the above-signed (as applicable) to deliver such agreement, instrument, certificate or the like or purchase price (as applicable) to such other party on the Closing Date.

  • Limit on Number of Partners Unless otherwise permitted by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.

  • Accession Number 20121025–5087. Comments Due: 5 p.m. ET 11/15/12. Docket Numbers: ER13–192–000.

  • Adjustment in Number of Shares Upon each adjustment of the Exercise Price pursuant to the provisions of this Paragraph 4, the number of shares of Common Stock issuable upon exercise of this Warrant shall be adjusted by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

  • Taxpayer Identification Number The Borrower’s true and correct U.S. taxpayer identification number is set forth on Schedule 10.02.

  • Employer Identification Number The Administrator shall have and use its own Employer Identification Number for purposes of calculating payroll tax withholdings and providing reports state and federal tax authorities.

  • Personal Identification Number We will issue you a Personal Identification Number (PIN) for use with your Card at VISA NET automatic teller machines (ATM’s). These numbers are issued to you for your security purposes. These numbers are confidential and should not e disclosed to third parties. You are responsible for safekeeping your PIN. You agree not to disclose or otherwise make available your PIN to anyone not authorized to sign on your Accounts. To keep your Account secure, please do not write your PIN on your Card or keep it in the same place as your Card.

  • Adjustment of Purchase Price and Number of Shares The number of and kind of securities purchasable upon exercise of this Warrant and the Purchase Price shall be subject to adjustment from time to time as follows:

  • Adjustment in Number of Securities Upon each adjustment of the Exercise Price pursuant to the provisions of this Section 8, the number of Warrant Securities issuable upon the exercise at the adjusted exercise price of each Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Securities issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

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