Survival of Benefits. Any provision of this Agreement that provides a benefit to the Executive and that by the express terms hereof does not terminate upon the expiration of the Term shall survive the expiration of the Term and shall remain binding upon the Employer until such time as such benefits are paid in full to the Executive or his estate.
Survival of Benefits. Any provision of this Agreement that provides a benefit to the Consultant and that by the express terms hereof does not terminate upon the expiration of the Term shall survive the expiration of the Term and shall remain binding upon the Companies until such time as such benefits are paid in full to the Consultant or his estate.
Survival of Benefits. It is understood and agreed that the contribution to the Local 2928 Retiree Fund, provided in this Article, was negotiated and agreed to by the parties in lieu of a wage increase, and is intended to survive as long as Local 2928 is certified as the bargaining representative of employees employed by the Department. In the event of termination of the Local 2928 Retiree Fund the wage increase, specified in this Article, shall be added to each bargaining unit employee's then current base annual pay.
Survival of Benefits. If the Term expires and no employment agreement between Sterling and Executive is in effect, but Executive’s employment relationship with Sterling continues, any section of this Agreement that provides a benefit to the Executive and that does not expressly provide for its termination upon the expiration of the Term shall survive the expiration of the Term and the obligation to provide benefits to the Executive as set forth in such Section shall remain binding upon Sterling until such time as the Executive’s employment relationship with Sterling is terminated and the benefits provided under such Section are paid in full to the Executive or until such time as a new employment agreement between Sterling and Executive is in effect.
(a) For any reimbursements or in-kind benefits provided by Sterling after Executive’s Termination of Employment, the following conditions apply:
(i) The benefit plan or reimbursement arrangement must provide an objectively determinable non-discretionary definition of expenses eligible for reimbursement or the in-kind benefits to be provided.
(ii) The benefit or expense eligible for reimbursement or in-kind benefit during a particular calendar year may not affect the expenses eligible for reimbursement or in-kind benefit provided in any other calendar year.
(iii) The reimbursement of an eligible expense must be made on or before the last day of the calendar year following the calendar year in which the expense was incurred.
(iv) No reimbursement or in-kind benefit is subject to liquidation or exchange for another benefit.
(b) In accordance with the regulations under §409A, the provision of benefits and payment of expenses during the first two calendar years following the calendar year in which Executive’s Termination of Employment occurs (whether voluntary or otherwise), which expenses or benefits must be paid to Executive prior to the end of the third calendar year following the calendar year in which the Termination of Employment occurs, is an exception from the definition of deferred compensation under §409A, and therefore is not subject to the rules and restrictions under §409A, including, but not limited to, the six-month delay in payment of benefits to specified employees. The provision of benefits and payment of expenses during this initial period of time is intended to comply with such exception from the definition of deferred compensation in the regulations under §409A.
(c) Notwithstanding Sections 18(a) and (b) above, with ...
Survival of Benefits. The obligations set out in paragraph 5 of this Agreement shall survive the expiration of the Term and shall remain binding upon CHC until such time as such benefits are paid in full to the Executive or his estate.
Survival of Benefits. If the Term expires and no employment agreement between Sterling and Executive is in effect, but Executive’s employment relationship with Sterling continues, any section of this Agreement which provides a benefit to the Executive and which does not expressly provide for its termination upon the expiration of the Term shall survive the expiration of the Term and the obligation to provide benefits to the Executive as set forth in such Section shall remain binding upon Sterling until such time as the Executive’s employment relationship with Sterling is terminated and the benefits provided under such Section are paid in full to the Executive or until such time as a new employment agreement between Sterling and Executive is in effect. Anything to the contrary herein notwithstanding, following any Termination of Employment, including retirement, but not following a Termination for Cause, Sterling shall continue to provide the perquisites set forth in Section 3(d)(i), (ii) and (iii), as well as medical, dental, disability and travel accident insurance coverages for the Executive and his spouse to the same extent as if the Executive had continued in Sterling’s employ, provided that such coverages shall be offset by the receipt of any alternate benefits under Medicare or similar programs.
Survival of Benefits. This Agreement and all payments hereunder, including severance payments and payments of any benefits under either the plans identified herein or any other plans in which Executive is a participant, shall inure to the benefit of and be enforceable by Executive's personal or legal representatives, executors, administrators, heirs, distributees, devisees and legatees.
Survival of Benefits. The provisions of this Agreement, including without limitation those relating to indemnification and confidentiality, shall survive the expiration or termination of this Agreement to the extent necessary to provide the full benefit thereof consistent with applicable statutes of limitations.
Survival of Benefits. The obligations set out in paragraph 5 of this Agreement shall survive the expiration of the Term and shall remain binding upon the Employer until such time as such benefits are paid in full to the Executive or his estate.
Survival of Benefits. The compensation contained in this Article 7 shall remain valid and shall enter into force in full, notwithstanding (a) any investigation by any compensation or any other compensation;
(b) knowledge of the obligations arising from the compensation for which he may be entitled to compensation or benefits. The rights and obligations of each Party and its respective beneficiaries under this Article shall be fulfilled upon expiry of the licence granted under this Article.
