OVERTIME AND OTHER BENEFITS Sample Clauses

OVERTIME AND OTHER BENEFITS. The Seller shall remain liable for --------------------------- payment of overtime, medical, dental and life insurance and other marginal benefits payable to Transferred Employees with respect to periods of employment ending prior to the Transfer Date. The Buyer shall be liable for payment of overtime, medical, dental and life insurance and other marginal benefits payable to Transferred Employees with respect to periods of employment after the Transfer Date.
Sample 1
AutoNDA by SimpleDocs
OVERTIME AND OTHER BENEFITS. Except as provided in Section 16.2, the Seller shall remain solely responsible for payment of overtime, medical, dental and life insurance and other employment benefits payable to Transferred Employees with respect to periods of employment ending on or prior to the Closing Date, including any payments due to any Transferred Employee under any incentive program of the Seller (including any sales commission or referral fee payable to any such employee), for periods of employment ending on or prior to the Closing Date.
Sample 1
OVERTIME AND OTHER BENEFITS. Purchaser shall be solely responsible for payment of overtime, medical, dental and life insurance and other employment benefits payable to and for providing any other employment benefits made available in accordance with any benefit plan of the Purchaser to Transferred Employees with respect to periods of employment commencing at and after the Closing Date, including any payments due to any Transferred Employee under any incentive program of Purchaser (including any sales commission or referral fee payable to any such employee), for periods of employment at or after the Closing Date.
Sample 1
OVERTIME AND OTHER BENEFITS. The Seller shall remain liable for payment of overtime, medical, dental and life insurance and other marginal benefits payable to Transferred Employees with respect to periods of employment ending prior to the Transfer Date; PROVIDED, HOWEVER, that with respect to any payments due to any Transferred Employee under any incentive program of the Seller (including any sales commission payable to any such employee), the Buyer agrees to make such payment to such Transferred Employee at the regularly scheduled time therefor and the Seller shall promptly reimburse the Buyer therefor, The Buyer shall be liable for payment of overtime, medical, dental and life insurance and other marginal benefits payable to Transferred Employees with respect to periods of employment after the Transfer Date.
Sample 1

Related to OVERTIME AND OTHER BENEFITS

  • Vacation and Other Benefits Each Contract Year, Executive shall be entitled to four (4) weeks of paid vacation in accordance with Employer’s applicable policies and procedures for executive-level employees. Executive shall also be eligible to participate in and receive the fringe benefits generally made available to other executive-level employees of Employer in accordance with and to the extent that Executive is eligible under the general provisions of Employer’s fringe benefit plans or programs; provided, however, that Executive understands that these benefits may be increased, changed, eliminated or added from time to time during the Term as determined in Employer’s sole and absolute discretion.

  • Expenses and Other Benefits 6.1 The Company shall promptly reimburse to the Executive all reasonable travel and other out of pocket expenses properly incurred by him in the performance of his duties under the Employment. The Executive will submit claims for expenses reimbursement to the Company regularly with appropriate supporting documentation.

  • Compensation and Other Benefits Subject to the provisions of this Agreement, the Company shall pay and provide the following compensation and other benefits to the Executive during the Term as compensation for services rendered hereunder:

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

  • Expense Reimbursement and Other Benefits (a) During the term of Executive’s employment hereunder, pursuant to Applica’s Travel and Expense Policy and upon the submission of proper substantiation by the Executive, including copies of all relevant invoices, receipts or other evidence reasonably requested by Applica, Applica shall reimburse the Executive for all reasonable expenses actually paid or incurred by the Executive in the course of and pursuant to the business of Applica or any Affiliates.

  • Improper and Other Payments (a) Neither the Company, any director, officer, employee thereof, nor any agent or representative of the Company nor any person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any person or authority, (b) no contributions have been made, directly or indirectly, by the Company to a domestic or foreign political party or candidate; and (c) the internal accounting controls of the Company are believed by the Company’s management to be adequate to detect any of the foregoing under current circumstances.

  • Vacation and Other Leave During the Period of Employment, the Executive shall accrue and be entitled to take paid vacation in accordance with the Company’s vacation policies in effect from time to time, including the Company’s policies regarding vacation accruals; provided that the Executive’s rate of vacation accrual during the Period of Employment shall be no less than three (3) weeks per year. The Executive shall also be entitled to all other holiday and leave pay generally available to other executives of the Company.

  • Executive Perquisites, Benefits and Other Compensation Employee shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:

  • COMPENSATION AND OTHER FEES As compensation for the services provided by Xxxxxx xxxxxxxxx, the Company agrees to pay to Xxxxxx:

  • Impact on Other Benefits The value of the Restricted Shares (either on the date hereof or at the time the Restricted Shares vest) shall not be includable as compensation or earnings for purposes of any benefit plan offered by the Corporation.

Time is Money Join Law Insider Premium to draft better contracts faster.