Protection of Benefits Sample Clauses

Protection of Benefits. To the extent permitted by applicable law, the Company shall take all reasonable steps to ensure that the Employee is not, by reason of a Change of Control, deprived of the economic value (including any value attributable to the Change of Control transaction) of (a) any options to acquire Common Stock of the Company or (b) any Common Stock of the Company beneficially owned by the Employee.
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Protection of Benefits. Without the consent of an affected Participant, no such Board or Committee action (including but not limited to any amendment, alteration, suspension, discontinuance or termination of the Plan or this Agreement) may materially and adversely affect the rights of Employee under this Award Agreement, subject to section 10(c) of the Plan.
Protection of Benefits. An honorably dismissed employee who is recalled for service shall be entitled to all benefits effective at the time of his/her layoff, including, their appropriate salary, unused accumulated sick leave, and seniority.
Protection of Benefits. If any person, other than the members of the Communities who are bound by this Agreement: 19.2.1 is able to establish that they have native title rights or interests in relation to any part of the ILUA Area and, as a result, is entitled to payment or provision of benefits or compensation from Queensland or Comalco (whichever is relevant) (directly or indirectly) under any law (including common law, equity or statute) including any payment for interference with such rights or interests; or 19.2.2 they are entitled to damages against Queensland or Comalco (whichever is relevant) on the basis of any derogation of the rights or interests of a native title holder, Queensland or Comalco (whichever is relevant) may elect to suspend (in whole or in part) its obligation to make the payments or contributions under this Agreement until the amount that would have been paid but for the suspension is equivalent to any such payment, contribution, provision of benefits or damages and its costs in defending any action by the person asserting those rights or interests.
Protection of Benefits. Except as permitted under Section 13.02 and subject to Applicable Pension Laws and the portability and commutation provisions of any other Article of the Retirement Agreement, no benefit, right or interest provided under the plan shall be capable of anticipation, alienation, sale, transfer, assignment, surrender, pledge, encumbrance, charge, seizure, attachment, being given as security or other legal or equitable process. For the purpose of this Section 13.01, "surrender" does not include a reduction in benefits to avoid the revocation of the registration of the Retirement Agreement under the Income Tax Act.
Protection of Benefits. During a Pregnancy or Adoption Leave the Employer shall pay the full cost of the employee’s medical, hospital and insurance coverage and the Employer’s portion of the employee’s pension plan coverage if the employee elects at the commencement of the leave to pay the employee portion of such costs. During a Parental or Family Medical Leave the Employer shall continue to pay the full cost of the employee’s medical and hospital coverage and the Employer’s portion of the employee’s pension plan coverage and insurance coverage if the employee elects at the commencement of the leave to pay the employee portion of the costs. Seniority, for all purposes, shall accrue during the period of Pregnancy, Adoption, Family Medical or Parental Leave.
Protection of Benefits. End of the Year Dismissal C. Mid-Year Dismissal D. New Employee Freeze 9.1 Association/Superintendent Committee 9.2 Association/Board Committee 9.3 Insurance Committee 9.4 Calendar Committee 9.5 Safety Committee 9.6 Professional Development Committee
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Protection of Benefits. In general, your benefits cannot be assigned, sold, transferred, encumbered, or used to secure debts. Benefits also cannot be subject to attachment, garnishment, or any other legal process. Federal law gives you certain rights if you voluntarily or involuntarily leave the Police Department to serve in any of the United States uniformed military services – including the Coast Guard or Merchant Marines – for active duty or training. To qualify for these rights under the Plan, you must give the Police Department advance written or verbal notice of your upcoming leave for military service, and you must return to employment with the Police Department in accordance with reemployment rights under applicable federal law and the City’s rules. If you meet these requirements, the time you spent in the U.S. uniformed services will be used to calculate credited service and vesting service under the Plan (if you were an active member in the Plan when you went on military leave), as required by applicable law. A member who takes a leave of absence for qualified military leave and then returns to service with the Police Department within the time period specified by XXXXXX is permitted (but not required) to make up any or all contributions missed during the period of military leave, provided the leave does not exceed five years. The member must be employed by the Police Department to make make-up contributions and the contribution must be made within five years (or within a period three times the length of the military leave, if less). For more information, contact Milliman. If you die while performing military service, your survivors are entitled to any additional benefits (other than benefit accruals relating to the period of qualified military service) that would have been provided had you died immediately after resuming employment. For more information on the military leave policy – including reporting a military leave, pay, vacation and reemployment – contact the military liaison at 000-000-0000.
Protection of Benefits. Each former Belden Wire & Cable Company Savings Plan participant (whether or not actively employed on September 30, 1999) shall, if the Plan then terminated, receive a benefit under this Plan immediately after the merger and transfer of assets and liabilities described in this Addendum at least as great as the benefit which such participant would have been entitled to receive from the Belden Wire & Cable Company Savings Plan immediately before the mergex, xx the Belden Wire & Cable Company Savings Plan had then terminated. BELDEN CDT INC. RETIREMENT SAVINGS PLAN ADDENDUM for the Participants of the Cable Systems International Inc. Management Long Term Savings Plan
Protection of Benefits. To the extent allowed by law, the benefits provided by this Contract cannot be reached by the beneficiary's creditors. No beneficiary may assign, transfer, anticipate, or encumber the Contract Value or benefit unless you give the beneficiary this right. Periodic Report We will mail a report to you at your last known address at least once a year. This report will provide the following information: o values in each sub-account and in the Fixed Account; o the surrender value; payments made by you and charges deducted by us since the last report; o any outstanding loan and any other information required by law; and o the death benefit. Information about you and the beneficiary Owner The insured is the owner of this Contract unless another person (which could be a trust, corporation, partnership, etc.) is named as the owner in the application. The owner may change the ownership of this Contract without the consent of any beneficiary except that an irrevocable beneficiary must agree to the change in writing. Assignment You may only change the ownership of this Contract by sending us a written request. An absolute assignment will transfer ownership of the Contract from you to another person called the assignee. You may also assign this Contract as collateral to a collateral assignee. The limitations on your ownership rights while a collateral assignment is in effect are specified in the assignment. An assignment will take place only when the written request is recorded at our Variable Life Service Center. When recorded, it will take effect on the date it was signed by you. Any rights created by the assignment will be subject to any payments made or actions taken by us before the change is recorded. We are not responsible for assuring that any assignment or any assignee's or collateral assignee's interest is valid. Beneficiary You name the beneficiary to receive the net death benefit. The beneficiary's interest may be affected by any assignment you make. If you assign this Contract as collateral, all or a portion of the net death benefit will be paid to the collateral assignee; any money left over from the amount due the assignee will go to those otherwise entitled. Your choice of beneficiary may be revocable or irrevocable. You may change a revocable beneficiary at any time by written request, but an irrevocable beneficiary must agree to any change in writing. You will also need an irrevocable beneficiary's permission to exercise other rights and options granted ...
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