STIPEND AND BENEFITS Sample Clauses

STIPEND AND BENEFITS. I acknowledge receipt of the most recent "Resident Statement of Stipend and Benefits" which is attached to this contract as Addendum A and describes the stipend and benefits available to me including descriptions of the current year stipend, on-call housing, meals, liability insurance, health insurance, short-term and long-term disability insurance, lab coat and laundry services, counseling and psychological support services, and other benefits. I understand that the stipend and benefits may be changed annually, and that upon any change I will be provided a revised “Resident Statement of Stipend and Benefits” which will become effective on the date specified.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
STIPEND AND BENEFITS. Loyola shall provide the following stipend and benefits:
Sample 1Sample 2
STIPEND AND BENEFITS. McLaren shall provide, as sole compensation to GTP, a stipend Agreement of «Stipend» /year, payable bi-weekly during the Term; employee benefits provided to other graduate training physicians during the Term, including professional liability, health, disability and other insurance; confidential counseling and other support services; vacation and other leave(s); and other benefits as set forth in the MHCC GME Program Policies (as defined below). GTP shall neither solicit nor accept compensation from patients or other payors for services provided pursuant to this Agreement.
Sample 1
STIPEND AND BENEFITS. HFMH shall provide, as sole compensation to GTP under this Agreement, a stipend for the term of this Agreement of «Stipend» /year, payable bi-weekly and such other benefits as may be accorded from time to time by HFMH, including professional liability insurance; health, disability and other insurance; confidential counseling and other support services; vacation; a meal supplement for 24-hour in-house call; and other benefits as set forth in the House Staff Manual and Medical Education Policies. GTP shall neither solicit nor accept compensation from patients or other payors for services provided pursuant to this Agreement. Notwithstanding the foregoing, GTP may receive additional compensation for performing certain extra activities within the Program according to GME policy.
Sample 1
STIPEND AND BENEFITS. HFH shall provide, as sole compensation to GTP under this Agreement, a stipend for the term of this Agreement of «Stipend» /year, payable bi-weekly and such other benefits as may be accorded from time to time by HFH, including professional liability insurance; health, disability and other insurance; confidential counseling and other support services; vacation; a meal supplement for 24-hour in-house call; and other benefits as set forth in the House Staff Manual and Medical Education Policies. GTP shall neither solicit nor accept compensation from patients or other payors for services provided pursuant to this Agreement.
Sample 1
STIPEND AND BENEFITS. HFH shall provide, as sole compensation to GTP under this Agreement, a stipend for the term of this Agreement of $XXXXXX /year, payable bi-weekly and benefits in compliance with applicable requirements. All benefits are effective on the first day of GTP’s employment, including professional liability insurance. GTP is required by HFH to contribute to the cost of benefits the same as all other HFH employees. Benefits include health insurance for GTP and their eligible dependents, disability insurance, vacation and leaves of absence including medical, parental and caregiver leaves of absence for GTP, confidential counseling and other support services. A meal allowance is provided for GTP based on in-hospital schedules. GTP may receive additional compensation for performing certain extra activities within the Program according to Medical Education policy. GTP shall neither solicit nor accept compensation from patients or other payors for services provided pursuant to this Agreement
Sample 1
STIPEND AND BENEFITS. Stipend In France, whenever an internship in the host organization is to have a duration greater than two consecutive months or, during the same academic year, runs consecutively or not, teleworking period included, a stipend must be paid. The amount set by sector-specific convention or labor agreement shall be equal to 15% of the hourly ceiling for social security : 3,90 € / hour of effective presence. This amount is likely to change in the event of a revision of the hourly social security ceiling.
Sample 1
AutoNDA by SimpleDocs
STIPEND AND BENEFITS a. An applicant with more than 7 years, but less than 13 years of continuous service to the system may be granted up to ½ of his/her normal teaching salary for which he/she is eligible during the year he/she takes his/her leave, exclusive of extra duties. An applicant with more than 12 years of continuous service to the District may be granted up to his/her full teaching salary for which he/she is eligible during the year he/she takes his/her leave, exclusive of extra duties. Any applicant who has been granted a half-year leave may be granted up to his/her full teaching salary for that half year, exclusive of extra duties. b. The salary received by a unit member on his/her professional leave will not include any extra-pay such as department head, AV director, coaching, etc. c. The full-year professional leave may be considered a year of service for a regular step on the salary schedule. The Superintendent shall decide if a step is to be granted or not. d. Credit for hours accrued on a professional leave will be granted for purposes of the pay scale provided these courses have been approved by the Superintendent. e. A unit member on leave shall be eligible for basic salary increases which become effective while he/she is on leave. f. A unit member awarded a professional leave will be appointed to at least a comparable position on his/her return, i.e. elementary teacher, secondary teacher, department head, etc. g. While on leave, provisions will be made for fringe benefits as follows: First Year -The District pays Excellus Blue Cross/Blue Shield: - retirement credit as granted by NYS Retirement System - half salary - 20 payments -no credit on salary schedule -no retirement credit -no salary h. Recipients of a professional leave must report scholarships, grants in aid, teaching salaries, fellowship aide, research grants or other forms of related income. The salary grant from the District may be contingent on these other forms of income.
Sample 1
STIPEND AND BENEFITS. Hospital shall provide, as sole compensation to GTP under this Agreement, a stipend for the term of this Agreement of XXXXXXXX /year, payable bi-weekly and such other benefits as may be accorded from time to time by Hospital, including professional liability insurance; health, disability and other insurance (including eligible dependent coverage); confidential counseling and other support services; vacation, leave(s) of absence; A meal allowance is provided for trainees based on in-hospital schedules; and other benefits as set forth in the House Staff Manual and Medical Education Policies. GTP shall neither solicit nor accept compensation from patients or other payors for services provided pursuant to this Agreement. Notwithstanding the foregoing, GTP may receive additional compensation for performing certain extra activities within the Program according to GME policy.
Sample 1

Related to STIPEND AND BENEFITS

  • Pay and Benefits The Agency shall continue to pay salary and benefits which includes pension contribution, insurance and paid leave time consistent with what they earned before their appointment. Employees appointed as a Contract Specialist shall not be eligible for reimbursement for uniforms, boots or other ancillary items while serving as a Contract Specialist the specifics which will be noted in the employee’s Contract Specialist agreement.

  • Severance Pay and Benefits Upon Termination by the Company without Cause or by the Executive for

  • Severance Payments and Benefits (a) If a Change in Control occurs and within a period of twenty-four (24) months thereafter, Executive incurs a Separation from Service on account of (i) an involuntary termination by the Company for reasons other than death, Disability or Cause, or (ii) a voluntary termination elected by the Executive for Good Reason, then subject to (A) Executive signing and not revoking a separation and general release agreement (the “Release”) in a form provided by the Company as may be in use from time to time, and (B) Section 4 below, Executive shall (and the Company (or any successor thereto) shall pay, award and/or provide): (1) receive a lump-sum cash severance payment in an amount equal to the sum of (a) two times (2x) Executive’s Annual Compensation; (b) the product of (x) Executive’s Long-term Incentive Award Value, multiplied by (y) a fraction, the numerator of which is the number of full and partial calendar months between January 1 of the year of Separation from Service and the date of the Executive’s Separation from Service (provided, however, that such numerator shall not exceed six (6)) and the denominator of which is twelve (12); and (c) the product of (x) the greater of (A) Executive’s target annual bonus amount for the year in which the Separation from Service occurs, or (B) the highest annual bonus paid to the Executive out of the three (3) prior bonuses paid to the Executive prior to the Executive’s Separation from Service, multiplied by (y) a fraction, the numerator of which is the number of full and partial calendar months between January 1 of the year of Separation from Service and the date of the Executive’s Separation from Service and the denominator of which is twelve (12); and (2) receive eighteen (18) months of continued coverage under the Company’s group health plans (based on the level of the Executive’s coverage in effect on the date of the Executive’s Separation from Service), at the Company’s expense, subject to the Executive’s timely election of continuation coverage under the COBRA, it being understood that (a) in the event that the Executive becomes eligible to receive substantially similar or improved medical, dental or vision benefits from a subsequent employer (whether or not the Executive accepts such benefits), the Company’s obligations under this Section 3(a)(2) shall immediately cease, (b) the Executive will notify the Company of his eligibility for such benefits from a subsequent employer within thirty (30) days of such eligibility and (c) in the event that the Company’s making payments under this Section 3(a)(2) would violate nondiscrimination rules or result in the imposition of penalties under the PPACA, the parties agree to reform this Section 3(a)(2) in such manner as is necessary to comply with tax laws and the PPACA, as applicable. (3) become fully vested in all Company equity and long-term incentive awards granted to Executive (including, but not limited to, and all stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, performance units, and all other stock and cash-based long-term incentive awards) to the extent that such vesting is based on service with the Company. With respect to any performance shares and performance unit awards, (a) the final number of units and/or shares payable under such awards shall only be determined in accordance with the terms and conditions of the respective grant agreement governing such award, and accordingly, (b) distribution of such awards can only take place following such share and/or unit amount determination. Notwithstanding the foregoing, the full and immediate vesting of any restricted stock units, performance shares, performance units, shall not change the payment date thereof or otherwise apply to the extent it would result in adverse tax consequences under Section 409A of the Code; and (4) notwithstanding anything to the contrary in the respective award agreement(s), be entitled to exercise any stock options or stock appreciation rights until the expiration of twenty-four (24) months following Executive’s Separation from Service (or until such later date as may be applicable under the terms of the award agreement governing the stock option or stock appreciation right upon termination of employment), subject to the maximum full term of the stock option or stock appreciation right; provided, however, that, if any stock option or stock appreciation right is terminated or cashed-out in connection with a Change in Control, the Executive shall receive a lump-sum cash payment equal to the time value (i.e., under the Black Scholes option pricing model) of such stock options or stock appreciation rights inclusive of the economic value for the period of twenty-four (24) months following Executive’s Separation from Service (or until such later date as may be applicable under the terms of the award agreement governing the stock option or stock appreciation right upon termination of employment), subject to the maximum full term of the stock option or stock appreciation right. (b) If Executive is not a Specified Employee, all payments made to Executive under Section 3(a) immediately above shall be made on the sixtieth (60th) calendar day following Executive’s Separation from Service, provided that Executive’s Release must be effective and not revocable on the date payment is to be made in order to receive such payments. If Executive is a Specified Employee, to the extent required to comply with Section 409A of the Code, payments made under Section 3(a) immediately above shall be made within ten (10) calendar days following the date following the first (1st) day of the seventh (7th) month after the date of Executive’s Separation from Service, provided that no such payment shall be made to Executive if the Release has not become effective as of the six (6)-month anniversary of the date of Executive’s Separation from Service.

  • Accrued Compensation and Benefits Notwithstanding anything to the contrary in Section 2 and 3 above, in connection with any termination of employment upon or following a Change in Control (whether or not a Qualifying Termination or CIC Qualifying Termination), the Company or its subsidiary shall pay Executive’s earned but unpaid base salary and other vested but unpaid cash entitlements for the period through and including the termination of employment, including unused earned vacation pay and unreimbursed documented business expenses incurred by Executive prior to the date of termination (collectively “Accrued Compensation and Expenses”), as required by law and the applicable Company or its subsidiary, as applicable, plan or policy. In addition, Executive shall be entitled to any other vested benefits earned by Executive for the period through and including the termination date of Executive’s employment under any other employee benefit plans and arrangements maintained by the Company or its subsidiary, as applicable, in accordance with the terms of such plans and arrangements, except as modified herein (collectively “Accrued Benefits”). Any Accrued Compensation and Expenses to which the Executive is entitled shall be paid to the Executive in cash as soon as administratively practicable after the termination, and, in any event, no later than two and one-half (2-1/2) months after the end of the taxable year of the Executive in which the termination occurs or at such earlier time as may be required by applicable law or Section 10 below, and to such lesser extent as may be mandated by Section 9 below. Any Accrued Benefits to which the Executive is entitled shall be paid to the Executive as provided in the relevant plans and arrangements.

  • Vacation and Benefits The Executive is entitled to four (4) weeks of vacation, which will accrue on a pro-rata basis during the employment year, in addition to all public holidays when the office is closed. Executive will be eligible to participate in all employee benefit plans established by the Company for its employees from time to time, subject to general eligibility and participation provisions set forth in such plans. In accordance with Company policies from time to time and subject to proper documentation, the Company will reimburse you for all reasonable and proper travel and business expenses incurred by you in the performance of your duties.

  • Payment and Benefits In consideration of the promises made in this Release, Employer has agreed to pay Executive the benefits as provided in that certain employment agreement made and entered into as of _________________________, by and between the Parties (the “Employment Agreement”). Executive understands and acknowledges that the benefits described in this Section 2 constitute benefits in excess of those to which Executive would be entitled without entering into this Release. Executive acknowledges that such benefits are being provided by Employer as consideration for Executive entering into this Release, including the release of claims and waiver of rights provided in Section 3 of this Release.

  • Compensation and Benefits (a) For all services rendered by Employee the Company shall pay Employee during the term of this Agreement an annual salary (“Base Salary”) as set forth herein, payable semi-monthly in arrears. Employee’s initial Base Salary shall be $350,000.00. During the term of this Agreement, the amount of Employee’s Base Salary shall be subject to periodic reviews and adjustments as determined by the Company in its sole discretion. (b) The Employee shall be eligible to receive an annual performance-based cash bonus in respect of each calendar year, beginning with the 2015 calendar year, to the extent earned based on the achievement of personal and financial performance objectives established by the Company’s Board of Directors no later than 45 days after the commencement of the relevant bonus period. The target annual bonus that the Employee may earn is equal to 30 percent (30%) of the Employee’s Base Salary at the rate in effect at the end of the relevant calendar year, pro-rated to properly reflect any partial year of employment. If applicable performance goals are not attained at least at the minimum level, no annual performance bonus is payable. The amount of such annual bonus awarded for a calendar year shall be determined by the Board or a committee thereof after the end of the calendar year to which such bonus relates, and shall be paid to the Employee when annual bonuses are paid to other senior executives of the Company generally, but in no event later than April 30 of the calendar year following the year for which the bonus is earned. To be eligible for any such annual bonus under this Section 3(b), the Employee must be actively employed by the Company at the time the Company pays bonuses for the relevant year. (c) The Company shall pay to the Employee a lump sum sign-on bonus in the amount of $70,000, less all applicable withholdings, no later than 15 days after the Employee’s employment commencement date. (d) The Company shall provide Employee, during the term of this Agreement, with the benefits of such insurance plans, hospitalization plans and other employee fringe benefit plans as shall be generally provided to employees of the Company and for which Employee may be eligible under the terms and conditions thereof. Nothing herein contained shall require the Company to adopt or maintain any such employee benefit plans. (e) During the term of this Agreement, except as otherwise provided in Section 5(b), Employee shall be entitled to sick leave and annual vacation consistent with the Company’s customary paid time off policies. (f) During the term of this Agreement, the Company shall reimburse Employee for all reasonable out-of-pocket expenses incurred by Employee in connection with the business of the Company and in the performance of his duties under this Agreement to the extent consistent with applicable Company policy in effect from time to time and upon presentation to the Company of an itemized accounting of such expenses with reasonable supporting data. (g) In consideration of the Employee’s entering into this Agreement and as an inducement to join the Company, the Employee shall be granted under the Company’s option incentive plan as in effect from time to time (the “Option Plan”), a stock option to purchase 600,000 shares of the Company’s common stock (the “Option”), subject to approval of the Board of Directors. The exercise price per share of the Option shall be the fair market value of the Company’s common stock (as determined by the Board of Directors) on the Option grant date. Subject to terms of the Option Plan and the Option award agreement, twenty-five percent (25%) of the shares subject to the Option shall vest on the first anniversary of Employee’s employment start date which is anticipated to be February 4, 2015, and 1/48th of the shares subject to the Option shall vest monthly thereafter so that one hundred percent (100%) of the shares subject to the Option are vested on the fourth anniversary of the employment start date, so long as the Employee remains employed at each such vesting date. Notwithstanding the foregoing vesting schedule, upon the effective date of a Change in Control (as defined in Section 5(g)), fifty percent (50%) of the shares subject to the Option which are not then vested will automatically become vested so long as the Employee remains employed on the effective date of such Change in Control. In the event of any conflict or ambiguity between this Agreement and the Option Plan or the Option award agreement, the Option Plan and the Option award agreement shall govern.

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

  • REMUNERATION AND BENEFITS 3.1 Manitoba shall pay to Employee as remuneration for her services, within the Executive Assistant to the Minister (EXM) classification, a basic annual salary of $58,271 payable in equal bi-weekly installments of $2,233.73, at the accepted regular Manitoba Civil Service pay periods, pro-rated where necessary for any shorter period. 3.2 Manitoba shall make: (a) all deductions required in respect of Income Tax, Canada Pension Plan, Employment Insurance; and (b) any other deductions required to be made from payments to Employee, whether in accordance with any applicable laws or statutes, or otherwise; and (c) any deductions requested by Employee and agreed to by Manitoba. 3.3 The remuneration to Employee shall be adjusted at such times as salary adjustments are made in the salary range of excluded employees in the employ of Manitoba. 3.4 Employee shall be considered as an employee for purposes of The Civil Service Superannuation Act. 3.5 Employee is entitled to participate fully in the group benefit programs that have been or may be established for the employees of Manitoba including its programs relating to group insurance, long-term disability, and health benefits programs, comparable to those provided to civil servants. Employee will be eligible to participate in the group benefit programs after the waiting periods established by Manitoba. The waiting periods commence on the effective date as per section 1.1. 3.6 Employee, with the approval of Manitoba, is eligible to receive other benefits normally granted to employees employed by Manitoba.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!