Pensions and Benefits Sample Clauses

Pensions and Benefits. (a) Schedule 3.23(a) to the Disclosure Schedule contains a true and complete list of each “employee benefit plan” within the meaning of Section 3(3) of the United States Employee Retirement Income Security Act of 1974, as amended (“ERISA”), including, without limitation, multiemployer plans within the meaning of Section 3(37) of ERISA, and all retirement, profit sharing, stock option, stock bonus, stock purchase, severance, fringe benefit, deferred compensation, and other employee benefit programs, plans, or arrangements, whether or not subject to ERISA, under which (i) any current or former directors, officers, employees or consultants of the Company has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or any of the Subsidiaries, or (ii) the Company or any of the Subsidiaries has any present or future liability. All such programs, plans, or arrangements shall be collectively referred to as the “Company Plans.” Each Company Plan is included as part of or specifically identified in the SEC Documents to the extent required by the rules and regulations of the SEC as in effect at the time of filing. (i) Each Company Plan has been established and administered in all material respects in accordance with its terms and in compliance with the applicable provisions of ERISA, the Internal Revenue Code of 1986, as amended (the “Code”), and other applicable laws, rules and regulations; (ii) each Company Plan which is intended to be qualified within the meaning of Section 401(a) of the Code is so qualified and has received a favorable determination letter as to its qualification (or if maintained pursuant to a prototype form of instrument the sponsor thereof has received a favorable opinion letter as to its qualification), and to the Company’s knowledge nothing has occurred, whether by action or failure to act, that could reasonably be expected to cause the loss of such qualification; and (iii) no Company Plan provides retiree health or life insurance benefits (whether or not insured), and neither the Company nor the Subsidiaries have any obligations to provide any such retiree benefits other than as required pursuant to Section 4980B of the Code or other applicable law. (c) No Company Plan is a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA) or a plan subject to the minimum funding requirements of Section 302 or ERISA or Section 412 of the Code or Title IV of ERISA, and neither the Company, ...

Pensions and Benefits. 28.01 The University will make available to Employees the plans as outlined below. The Employee's contributions to these benefits, where applicable, are debited from the PDFs salary payment by Human Resources. Employees must sign on for any optional benefits at Human Resources and coverage is not effective until the necessary enrollment documentation is completed. 28.02 These plans shall be administered in accordance with the policies and procedures established by the University and/or the insurer.

Pensions and Benefits. ‌ 28.01 Employees may participate in the Pension Plan for Administrative Staff provided they meet the eligibility requirements for part-time administrative staff. 28.02 a) Effective November 1, 2020 and for each year following, the employer will pay the Local $190.00 for each employee who is a GTA as of November 1st, and any additional unique GTA appointed as of the following March 1st and August 1st to contribute towards the cost of the health care plan arranged and administered by the Local.

Pensions and Benefits. 20 Union-Management Conferences.........................................................................

Pensions and Benefits. (a) Except as set forth on SCHEDULE 5.10(a) hereto, as of the date of this Agreement, the Seller does not maintain or have any obligation to make contributions to, any employee benefit plan (an "ERISA PLAN") within the meaning of Section 3(3) of the United States Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or any other retirement, profit sharing, stock option, stock bonus or other benefit program (a "NON-ERISA PLAN"), in either case, for the benefit of any officers, employees or consultants of the MMIC Business. The Seller has heretofore delivered or made available to the Buyer copies or summaries of each such ERISA Plan and Non-ERISA Plan and any associated funding instruments and, with respect to any such ERISA Plan, the most recently completed annual report (with any required attachments), the most recent IRS determination letter, and any other advisory opinions or rulings applicable to such Plan. (b) To the Seller's knowledge, except as set forth on SCHEDULE 5.10(b), all of Seller's ERISA Plans and Non-ERISA Plans have been maintained and operated in all material respects in accordance with all federal, state, provincial and local laws applicable to such plans, and the terms and conditions of the respective plan documents.

Pensions and Benefits. (a) None of (i) any current or former directors, officers, employees or consultants of the Company has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or any of the Subsidiaries, or (ii) the Company or any of the Subsidiaries has any present or future liability under any “employee benefit plan” within the meaning of Section 3(3) of the United States Employee Retirement Income Security Act of 1974 (“ERISA”), including without limitation, multiemployer plans within the meaning of Section 3(37) of ERISA, and all retirement, profit sharing, stock option, stock bonus, stock purchase, severance, fringe benefit, deferred compensation, and other employee benefit programs, plans, or arrangements, whether or not subject to ERISA. (b) No stock options, stock appreciation rights or other equity-based awards issued or granted by the Company are subject to the requirements of Section 409A of the Code. Each “nonqualified deferred compensation plan” (as such term is defined under Section 409A(d)(1) of the Code and the guidance thereunder) under which the Company makes, is obligated to make or promises to make, payments (each, a “409A Plan”) complies in all material respects, in both form and operation, with the requirements of Section 409A of the Code and the guidance thereunder. No payment to be made under any 409A Plan is, or to the knowledge of the Company will be, subject to the penalties of Section 409A(a)(1) of the Code.

Pensions and Benefits. A limited liability company may pay pensions, retirement allowances, and compensation for past services to and for the benefit of, and establish, maintain, continue, and carry out, wholly or partially at the expense of the limited liability company, employee or incentive benefit plans, trusts, and provisions to or for the benefit of, any or all of its and its related organizations' officers, managers, directors, governors, employees, and agents and, in the case of a related organization that is a limited liability company, members who provide services to the limited liability company, and the families, dependents, and beneficiaries of any of them. It may indemnify and purchase and maintain insurance for and on behalf of a fiduciary of any of these employee benefit and incentive plans, trusts, and provisions.

Pensions and Benefits. 40.01 The following Group Insurance plans presently in effect will be continued on the current cost-sharing basis: (a) Health (b) Life & Accidental Death and Dismemberment (c) Long Term Disability (d) Dental Plan 40.02 The University agrees that mechanisms will be provided to ensure that the Union has an opportunity to have input into recommendations regarding changes to pensions and benefits. 40.03 Contractual employees shall be entitled to participate in the Benefit Plan set out in Article 40 and to participate in the University Pension Plan. Membership in these Plans will be subject to the eligibility rules set down for each of the Plans. 40.04 Contractual employees will be required to participate in the Group Insurance Plans upon completion of six (6) months of continuous employment, including extension of contracts. 40.05 Contractual employees will be required to participate in the Pension Plan on the earlier of: (i) the effective date of appointment to a contractual position of at least six (6) months duration and at least twenty (20) hours per week; or (ii) the effective date of completion of six (6) months continuous employment of at least twenty (20) hours per week. (a) Sessional employees, as defined in Clause 2.01(d)(iv), as a condition of employment, shall be required to join and maintain membership in the Health, Life, Long Term Disability, and Dental Plans while actively employed or on layoff status subject to 40.06(b). (b) The normal University policy with respect to the payment of benefit premiums will apply while the sessional employee is actively employed. During periods of layoff of less than one months duration, the sessional employee shall be required to pay their portion of the benefit premium, such premium to be paid to the University prior to the commencement of layoff by single payment or post-dated cheques. During periods of layoff in excess of one month, the sessional employee may choose to participate in the benefit plan provided that the sessional employee pays the employer and employee portion of the benefit premium, such premium to be paid to the University prior to the commencement of layoff by single payment or post-dated cheques. (c) Sessional employees, as defined in Clause 2.01(d)(iv), employed by the University and included in the Bargaining Unit will not be eligible to participate in the University Pension Plan, unless the terms of their employment contracts are in accordance with the policies established for that Plan...

Pensions and Benefits. 40.01 The following Group Insurance plans presently in effect will be continued on the current cost-sharing basis: (a) Health (b) Life & Accidental Death and Dismemberment (c) Long Term Disability (d) Dental Plan. 40.02 The University agrees that mechanisms will be provided to ensure that the Union has an opportunity to have input into recommendations regarding changes to pensions and benefits.

Pensions and Benefits. 21.01 The parties agree that bargaining unit employees’ membership in the current pension, savings and benefit plans, as amended from time to time, shall be continued for the duration of the collective agreement.