Common use of PENSION AND OTHER BENEFITS Clause in Contracts

PENSION AND OTHER BENEFITS. 8.1. The Executive will be entitled to participate in the Company’s pension scheme subject to and upon the rules of the pension scheme from time to time in effect. A copy of the rules of the pension scheme can be obtained from the Company on request. 8.2. The Company will contribute in equal monthly instalments an amount equal to 5% of the Executive’s basic salary (or, if less, the maximum amount permitted by the Inland Revenue) during each year of his employment under this Agreement to the pension scheme referred to in Clause 8.1; PROVIDED THAT, as a condition of making such contribution, the Company may require the Executive to contribute 5% of his basic salary to such pension scheme. 8.3. There is no contracting out certificate in force in respect of the Executive’s employment under the provisions of the Pxxxxxx Xxxxxxx Xxx 0000. 8.4. During the Executive’s employment the Company will provide the Executive at the Company’s expense with Death in Service Benefit at the rate of 4 times basic salary under the Company’s scheme subject to and upon the rules of the scheme from time to time in force and to the Executive being eligible to participate in or benefit from the scheme. 8.5. During the Executive’s employment the Company will provide the Executive and his immediate family at the Company’s expense with cover under the Company’s Private Healthcare Scheme subject to and upon the rules of the said scheme from time to time in force and to the Executive (and where appropriate the Executive’s family) being eligible to participate in or benefit from the scheme. 8.6. In respect of the benefits provided to the Executive under this Clause 8 the Company reserves the right to terminate or substitute other schemes for them or amend the scale or level of benefits.

Appears in 2 contracts

Samples: Service Agreement (Dollar Financial Corp), Service Agreement (Dollar Financial Group Inc)

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PENSION AND OTHER BENEFITS. 8.1. The Executive will be entitled to participate in the Company’s 's pension scheme subject to and upon the rules of the pension scheme from time to time in effect. A copy of the rules of the pension scheme can be obtained from the Company on request. 8.2. The Company will contribute in equal monthly instalments an amount equal to 58% of the Executive’s 's basic salary (or, if less, the maximum amount permitted by the Inland Revenue) during each year of his her employment under this Agreement to the pension scheme referred to in Clause 8.1; 8.1 PROVIDED THAT, as a condition of making such contribution, the Company may require the Executive to contribute 58% of his her basic salary to such pension scheme. 8.3. There is no contracting out certificate in force in respect of the Executive’s 's employment under the provisions of the Pxxxxxx Xxxxxxx Xxxxxxx Xxx 0000. 8.4. During the Executive’s 's employment the Company will provide the Executive at the Company’s 's expense with Death in Service Benefit at the rate of 4 times basic salary under the Company’s 's scheme subject to and upon the rules of the scheme from time to time in force and to the Executive being eligible to participate in or benefit from the scheme. 8.5. During the Executive’s 's employment the Company will provide the Executive and his her immediate family at the Company’s 's expense with cover under the Company’s 's Private Healthcare Scheme subject to and upon the rules of the said scheme from time to time in force and to the Executive (and where appropriate the Executive’s 's family) being eligible to participate in or benefit from the scheme. 8.6. In respect of the benefits provided to the Executive under this Clause 8 the Company reserves the right to terminate or substitute other schemes for them or amend the scale or level of benefits.

Appears in 2 contracts

Samples: Service Agreement (Dollar Financial Corp), Service Agreement (Dollar Financial Corp)

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PENSION AND OTHER BENEFITS. 8.1. The Executive will be entitled to participate in the Company’s pension scheme subject to and upon the rules of the pension scheme from time to time in effect. A copy of the rules of the pension scheme can be obtained from the Company on request. 8.2. The Company will contribute in equal monthly instalments installments an amount equal to 5% of the Executive’s basic salary (or, if less, the maximum amount permitted by the Inland Revenue) during each year of his employment under this Agreement to the pension scheme referred to in Clause 8.1; Section 8.1 PROVIDED THAT, as a condition of making such contribution, the Company may require the Executive to contribute 5% of his basic salary to such pension scheme. 8.3. There is no contracting out certificate in force in respect of the Executive’s employment under the provisions of the Pxxxxxx Xxxxxxx Xxx 0000. 8.4. During the Executive’s employment the Company will provide the Executive at the Company’s expense with Death in Service Benefit at the rate of 4 times basic salary under the Company’s scheme subject to and upon the rules of the scheme from time to time in force and to the Executive being eligible to participate in or benefit from the scheme. 8.5. During the Executive’s employment the Company will provide the Executive and his immediate family at the Company’s expense with cover under the Company’s Private Healthcare Scheme subject to and upon the rules of the said scheme from time to time in force and to the Executive (and where appropriate the Executive’s family) being eligible to participate in or benefit from the scheme. 8.6. In respect of the benefits provided to the Executive under this Clause Section 8 the Company reserves the right to terminate or substitute other schemes for them or amend the scale or level of benefits.

Appears in 1 contract

Samples: Service Agreement (Dollar Financial Corp)

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