Retirement/death. In the event of death, the member's Spouse or, if no Spouse, the member's beneficiary will be entitled to the full value of the Member's Account. The type of benefit varies if the entitlement is payable to a Spouse. It is also dependent on the member's age at the date of death. This is a brief summary only. The above does not create or confer any contractual or other rights. A member's pension rights are governed by the Rules and Regulations of the Pension Plan.
Retirement/death. In the event of death, the member's Spouse or, if no Spouse, the member's beneficiary will be entitled to the full value of the Member's Account. The type of benefit varies if the entitlement is payable to a Spouse. It is also dependent on the member's age at the date of death. This is a brief summary only. The above does not create or confer any contractual or other rights. A member's pension rights are governed by the Rules and Regulations of the Pension Plan. A benefit plan summary (booklet) will be provided by the insurance carrier. Schedule 3 SUMMARY OF WELFARE RETIREE BENEFITS TEAMSTERS LOCAL 847 HEALTH AND WELFARE TRUST FUND.
Retirement/death. If the Executive’s employment with the Company terminates during the Measuring Period by reason of retirement or death, then the Executive or the Executive’s estate will be entitled to receive in settlement of the Performance Shares a number of shares of Common Stock equal to the product of (x) the number of Performance Shares, if any, which subsequently vest under Section 3 above, multiplied by (y) a fraction, the numerator of which is the number of months during the Measuring Period that the Executive was employed by the Company and the denominator of which is the total number of months in the Measuring Period, i.e., 36 months. For purposes of the foregoing calculation, the Executive will be deemed to have been employed by the Company during the month that his employment terminates if, and only if, such termination occurs on or after the fifteenth (15th) calendar day of that month.
Retirement/death. If the Executive retires or dies, the Executive's employment under this Agreement shall be deemed terminated as of the date of the Executive's retirement or death, and all rights of the Executive under Section 4 hereof shall cease as of the date of such termination and any benefits payable to the Executive shall be determined in accordance with the retirement and insurance programs of the Company and of the Bank then in effect.
Retirement/death. If your employment shall be terminated for Retirement, or by reason of your death, your benefits shall be determined in accordance with the Company's benefit and savings plans then in effect, including those listed in Subsection 3(C)(iv).
Retirement/death. Except as otherwise provided below (including Section 12), in the event the Grantee’s Service is terminated (i) on or following the Retirement Vesting Date (A) due to the Grantee’s Retirement or (B) due to the Grantee’s Qualifying Termination (as defined below) on a date that the Grantee is eligible for Retirement, or (ii) due to the Grantee’s death, the number of Shares eligible to vest shall be the number determined in accordance with Section 2 above. For the avoidance of any doubt, the Award shall be forfeited in the event the Grantee’s Service is terminated prior to the Retirement Vesting Date due to the Grantee’s Retirement.
Retirement/death. (a) Subject to the terms of this Agreement, in the event of the Retirement of the Participant, the RSUs shall vest based on the vesting schedule set forth in the Notice of Award for time-based Awards. For clarity, in the event of the Participant’s Retirement, there will be no acceleration of an Award’s vesting schedule or forfeiture of unvested Awards.
Retirement/death. If the Executive’s employment with the Company terminates during the Measuring Period by reason of retirement of the Executive in accordance with the provisions of the applicable retirement plan or death, then the Executive or the Executive’s estate will be entitled to receive in settlement of the Performance Shares a number of shares of Common Stock equal to the product of (x) the number of Performance Shares, if any, which subsequently vest under Section 3 above, multiplied by (y) a fraction, the numerator of which is the number of months during the Measuring Period that the Executive was employed by the Company and the denominator of which is the total number of months in the Measuring Period, i.e., 36 months. For purposes of the foregoing calculation, the Executive will be deemed to have been employed by the Company during the month that his employment terminates if, and only if, such termination occurs on or after the fifteenth (15th) calendar day of that month.
Retirement/death. In the event of death, the member's Spouse or, if no Spouse, the member's beneficiary will be entitled to the full value of the Member's Account. The type of benefit varies if the entitlement is payable to a Spouse. It is also dependent on the member's age at the date of death. This is a brief summary only. The above does not create or confer any contractual or other rights. A member's pension rights are governed by the Rules and Regulations of the Pension Plan. Schedule 3 EASTON'S GROUP OF HOTELS INC. ASSOCIATE CLASS BENEFIT SUMMARY MANULIFE POLICY #10351, CLASS C Waiting Period - 3 Months for new hires; Minimum Hours - 28 per week LIFE INSURANCE & ACCIDENTAL DEATH & DISMEMBERMENT Benefit Formula 1x Annual Earnings Amount of Insurance Maximum - $300,000 Non-Evidence Limit - $190,000 Reduction 50% at Age 65 Termination Age Employee's 70th Birthday or earlier retirement DEPENDENT LIFE Amount of Insurance Spouse - $5,000 Dependent Child (from birth) - $2,500 Termination Age Employee's 70th Birthday or earlier retirement EXTENDED HEALTH CARE COVERAGE Deductible Visioncare/Out of Country $0 Single 100% $0 Family Co-Insurance Major Medical/Chronic Hosp $0 Single 80% $0 Family Co-Insurance Drugs $0 Single 80% $0 Family Co-Insurance Drugs Prescription Drugs - Mandatory Generic; $10,000 per calendar year maximum Hospital Coverage Provincial plan OHIP Private Duty Nursing $10,000 per calendar year; 100% co-insurance Healthcare Maximum Unlimited per Lifetime in Canada, except as specified Paramedical Practitioners $300 per individual per calendar year for each of the following practitioners at 80%: Chiropractor, Podiatrist, Naturopath, Physiotherapist, Psychologist, Speech Therapist Hearing Aids $400 per individual in each 5 year period Custom-Made Orthotics * $400 per 3 calendar years *must be prescribed by a podiatrist, pedorthist, chiropodist or orthopedic surgeon Orthopedic Shoes $150 per calendar year for stock items and custom made Custom-Made Orthopedic Shoes 1 per calendar year Vision Care $150 every 24 months, includes laser eye surgery Eye Exams 1 every 24 months for adults; 1 every 12 months for dependents under 18; Maximum $100 Out of Country Up to Provincial Limit; 100% Co-Insurance; $5,000,000 lifetime; Travel Assistance Allianz Out of Country Referral $3,000 per 3 calendar years; 50% co-insurance Health Service Navigator Included Survivor Benefits 2 years with Family Coverage Termination Age Participant's 70th birthday or retirement, if earlier DENTAL...
Retirement/death. (Not applicable or paid to any Employee who became an Employee after the date of signing of the Collective Agreement between the parties in 1989.) On retirement or death, an Employee or his/her beneficiary shall be entitled to receive an amount equal to fifty (50) per centum of the number of days accumulated to his/her credit not to exceed one-half (1/2) year’s earnings, based on salary being paid at that time. Full time “Inside” Employees of the Town of Simcoe (C.U.P.E. Local 1614) on December 31, 2000. Schedule B: Severance Pay: (Not applicable or paid to any Employee who became an Employee after May 28, 1985.) Any Employee leaving the employment of the Corporation by resignation or layoff after five (5) years service shall be entitled to receive an amount equal to fifty (50) per centum of the number of sick days accumulated to his/her credit not to exceed one-half (1/2) year’s earnings at the rate received by his/her immediately prior to termination of employment.
