Other Benefits or Provisions Sample Clauses

Other Benefits or Provisions. In addition to the foregoing, Administrator shall receive and/or be subject to the following:
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Other Benefits or Provisions. In addition to the foregoing, Superintendent shall receive and/or be subject to the following fringe benefits:
Other Benefits or Provisions. In addition to the foregoing, Employee shall receive and/or be subject to the following: ● Mileage Reimbursement: Per IRS (max. rate allowed without taxation). ● Vacation: 25 Days per contract year; 10 days may roll over to the next school year with a limit set at 35. Personal Days: 3 per contract year, if not used, rolled to sick leave days. There is no payment for unused vacation, personal or sick days at termination of employment. ● Benefits: Per Board approved ZPS Administrator Contract Guidelines and Benefits for administrative staff as amended from time to time. Whenever the guidelines for benefits and leave days require Superintendent approval, the Employee must obtain prior approval from the Board President or designee. In the event of conflict between the ZPS Administrator Contract Guidelines and Benefits and this Contract, the terms of this Contract shall take precedence. ● Employee shall contribute 20% of the annual premium cost of medical insurance and no cost for dental and vision insurance. The Board reserves the right to reopen this Contract in the event State legislation mandates a higher contribution. ● Other (if any specify here or on attached exhibit): Life insurance shall be term life equal to two times the annual starting salary. District funded or reimbursement is employee choice. ● Eligibility for and payment of benefits shall be subject to such terms and conditions as Board and/or the insurance program/carrier may prescribe ● State level professional conferences are encouraged. National level professional conference attendance requires board advance approval.
Other Benefits or Provisions. In addition to the foregoing, Superintendent shall receive and/or be subject to the following: • Group Health Insurance: Superintendent and his/her eligible dependents shall be entitled to such group health insurance as is uniformly made available by the Board to its full-time administrative staff. • For the medical benefit plan (i.e. health) portion of such insurance coverage, the Board shall pay such portion of the premium or cost as is allowed by the “hard cap” limits of Act 152 of 2011 (MCL 15.561-15.569, as amended), with the balance of any premium or cost being paid by Superintendent. • All insurance premium or cost co-payments required of Superintendent shall be paid by payroll deduction if possible, or otherwise by Superintendent’s timely payment to the District. • Pursuant to the District’s §125 Plan (i.e. § of the IRC), Superintendent may elect (in writing) to waive such group health insurance (e.g. due to the availability of coverage through a spouse, etc.) and, in such event, Superintendent shall receive cash-in-lieu of insurance in the amount of $7,400 per year.
Other Benefits or Provisions. In addition to.the foregoing, Employee shall receive and/or be subject to the following: • Mileage Reimbursement: Per IRS (max. rate allowed without taxation). · • Vacation: 25 Days per contract year; 5 days may roll over to the next school year. Personal Days: 2 per contract year, ifnot used, rolled to sick leave days. There is no payment for unused vacation, personal or sick days at termination ofemployment. • Bameneenfdeitsd: PfreormBtoimared taoptimproev.edWhZPeSneAvdmier thneisgtruaitdoerliCnoenstrfoarctbGenueifidetslinaensd andleaveBednayefistrsefoquriraedminSupiesrintratteivnedesntafft apapsrova� thZPeSEAmdminployeisetrmatuorst CobotnatirnacptrGiour iadppelirnoevsaanl frdoBmethneefiBtsoaarndd PthriessiCdoenntrt oacr td, ethsiegnteerme. sInofththeisevCeonnttroacf ctosnflhailcl ttabkeetween the precedence. contribution. • inEmsurplanoyceee. sThhalel Bcoonatrrdibruetsee2rv0es thoefthrieghatntnouraeloppreenmtihuims Ccoonstrt oafctmiendtihcealeivnesnturSantactee anlegdisnloatcioonstmfoarnddeantetsalaanhidghveisrion ary • sOatlher.(if any specify here or on attached exhibit): Lire insur ce shall be term life equal to two times the annual • prEloiggribaim/litycaforrireanr md apyayprmeesnctriobfe.benefits shall be subject to such terms and conditions as Board and/or xxx.xxxxxxxxx· a8c. hievemAentnnduaatlaEsvhaallul abtieoan:siTguihefEcmanptlofayceteorshinalsl ubceheevvaalluuaatetidone.acGheyneearrallbyy,ththeeBeovaalrduaantiodntoshthalel beextceonmpt relqeuteirdendobtylalatewr ,thstanudMenart ch 1, banasdethd eupEomnpjolobypeerfshoarmll arenmceinanddthjeobBaocarcdompPrelissihdmetnotsfthisas detitmeremliinneedthbeyfithrset waneneukaol feJvanaluuaatryio.n.Employee's compensation shall be m9.isconduVctoithad/Ttemaitneraitaliolny: pErmejpuldoiyces iths exrperpeustsaltyiopnro11hfibthiteedDfrisotrimcetnangad/gionrg sinubasntyanctioanlldyµcitminpaviroslvthineg mEmorpallotyuerep'itus adbeiloirtyothtoerfunsecritoiouns ereffseignctiavelyn,arsetSireupmereinntt,enodredneta;thanodftthhee BEomparldoymeaey. void this Contr.ict in the event of such conduct. This Contract is also void upon the claims in a form satisfactory to the Board. Inbalaanddcietiof ,ththeesBaloarayrdanmdaybetneermfitisnathteenthioswCeodnutrnadcert fothreanCyonotrr ancot, rweahsiocnhebvyerpiays inlegss,Epmprovloiyded onthaet yEemarp'slosyaelearysignansd aberenleefiatsse oorfthalel

Related to Other Benefits or Provisions

  • Other Benefits During the Term, the Executive shall be eligible to participate in or receive benefits under the Company’s employee benefit plans in effect from time to time, subject to the terms of such plans.

  • Safe Harbor Provisions This Section 24.1 is applicable only to Generation Interconnection Customers. Provided that Interconnection Customer agrees to conform to all requirements of the Internal Revenue Service (“IRS”) (e.g., the “safe harbor” provisions of IRS Notice 2016-36, 2016-25 I.R.B. (6/20/2016)) that would confer nontaxable status on some or all of the transfer of property, including money, by Interconnection Customer to the Interconnected Transmission Owner for payment of the Costs of construction of the Transmission Owner Interconnection Facilities, the Interconnected Transmission Owner, based on such agreement and on current law, shall treat such transfer of property to it as nontaxable income and, except as provided in Section 24.4.2 below, shall not include income taxes in the Costs of Transmission Owner Interconnection Facilities that are payable by Interconnection Customer under the Interconnection Service Agreement or the Interconnection Construction Service Agreement. Interconnection Customer shall document its agreement to conform to IRS requirements for such non-taxable status in the Interconnection Service Agreement, the Interconnection Construction Service Agreement, and/or the Interim Interconnection Service Agreement.

  • Leave Provisions Clause No. Title

  • Other Benefits to DIMA and Its Affiliates The Board also considered the character and amount of other incidental or “fall-out” benefits received by DIMA and its affiliates, including any fees received by DIMA for administrative services provided to the Fund, any fees received by an affiliate of DIMA for transfer agency services provided to the Fund and any fees received by an affiliate of DIMA for distribution services. The Board also considered benefits to DIMA related to brokerage and soft-dollar allocations, including allocating brokerage to pay for research generated by parties other than the executing broker dealers, which pertain primarily to funds investing in equity securities. In addition, the Board considered the incidental public relations benefits to DIMA related to DWS Funds advertising and cross-selling opportunities among DIMA products and services. The Board considered these benefits in reaching its conclusion that the Fund’s management fees were reasonable.

  • REASONS FOR AND BENEFITS OF THE ACQUISITION The principal activities of the Group are investment holding, manufacturing and trading of printed circuit boards (the “Printed Circuit Boards Business”), trading of petroleum and energy products and related business (the “Petroleum and Energy Business”), and vessel chartering. In view of the ongoing trade war between the PRC and the US and the recent global coronavirus outbreak, there have been adverse impacts on the Printed Circuit Boards Business and the Petroleum and Energy Business. The Board expects that the Petroleum and Energy Business may be further affected due to (i) the increase of volatility of the oil price; (ii) the intensified competition in the oil trading business arising from slowing down of the international trade and the demand for oil and oil products; (iii) tightening of bank credits available to the Group; and (iv) ongoing legal proceedings against the Company. Therefore, the Group considers to diversify its business into other business sectors. The Acquisition is a good opportunity for the Group to diversify its business stream and mitigate the risks arising from the international trade. The Target Group’s business in the manufacturing and trading of printing and packaging products is based in Guangdong-Hong Kong-Macao Greater Bay Area and its clients are mainly from Hong Kong and the PRC. Over the years, with implementation of a series of operational strategies, including focusing more on sales orders for high-quality printing and packaging products with higher profit margin, stringent cost control measures and upgrading the manufacturing base by investing in new and advanced printing and packaging equipment, the Target Group has established its own brand and a long-term loyalty client base, which contributes to more than 50% of the Target Group’s revenue. Furthermore, in negotiating the Acquisition, the Vendor agreed to provide profit guarantees to the Purchaser as set out in the section headed “Profit guarantees and compensation” above, which provides a safeguard for the Company to closely monitor the development of the Target Group. The management of the Company believes that the printing and packaging business of the Target Group will have a synergy effect on the Group’s current business. With the new business sector, the Company would be able to provide printing and packaging, brand labelling and other logistics services to its existing customers. As the Group has an existing vessel chartering business, the management of the Company will further explore the possibility of transforming the existing vessels or hiring vessels to shipping cargoes such that the Group could further use its own resources to extend its business into logistics services. With the view to strengthen the Group’s long-term competitiveness and value, the Group plans to combine the high-quality printing business with intellectual property marketing to achieve a total marketing solution model to provide creative solution to its clients. In this way, the printing and packaging business is able to create a vertically integrated business to include selecting/designing intellectual property products which fit brand image, licensing from intellectual property holder and providing printed marketing materials and packages, etc. Currently, the Group is in the process of hiring staff who are experienced in marketing intellectual property products such as cartoon and movie images. The Consideration, which would be partially settled by the issue of Promissory Note, will not require substantial immediate cash outflow of the Group, therefore easing the financial burden of the Company. In the view of all above, the Board (including the independent non-executive Directors) considers that the Acquisition is fair and reasonable and is in the interests of the Company and its Shareholders as a whole.

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