The Benefits Clause Samples

The Benefits. The benefits we are looking to achieve from the funding are:

The Benefits. Provided Section of Your Contract is amended by deleting the Maximum Benefits subsection in its entirety. Any other Lifetime Maximums, as indicated in Your Contact or amendments attached to Your Contact, are no longer applicable.

The Benefits. The full Benefit Amount of $100,000 is payable for (except bacterial infection caused by an accident or from accidental Administrator: Answers to specific questions can be obtained by writing the Plan (i) accidental loss of life; (ii) loss of speech and loss of hearing; (iii) consumption of a substance contaminated by bacteria), or bodily International Marketing & Administration Company (IMAC) Administrator: International Marketing & Administration Company (IMAC) loss of speech and one of loss of hand, foot or sight of one eye; (iv) malfunctions, or medical or surgical treatment; participation in military c/o My Rewards, LLC, P.O. Box 2600, Wilmington, NC 28402 loss of hearing and one of loss of hand, foot or sight of one eye; or action while in active military service; suicide, attempted suicide or PHONE NUMBER ▇▇▇-▇▇▇-▇▇▇▇ c/o My Rewards, LLC, P.O. Box 2600, Wilmington, NC 28402 PHONE NUMBER ▇▇▇-▇▇▇-▇▇▇▇ Email Address ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇

The Benefits. For Employees hired after April 26, 2007, and once they become eligible for Non- occupational Accident and Sickness benefits, the amount of weekly benefits will be computed by multiplying 18 hours times the current wage rate. For Employees hired prior to April 26, 2007, and once they become eligible for Non- occupational Accident and Sickness benefits, the amount of weekly benefits will be the greater of 18 hours times the current wage rate or the following schedule: Average Hourly Earnings Weekly Benefit Amount Up to $15.99 $320 $16.00 to $18.50 $350 $18.51 to $20.99 $390 $21.00 or more $420 An Employee who is receiving benefits under this Article IV on a date when new maximum benefits become effective, as shown above, will be eligible to receive the new maximum benefits if his or her average hourly earnings qualify for the maximum benefits. The term "average hourly earnings" as used above shall mean the straight time average hourly earnings (shall include available PBP) for the Employee during the most recent pay period in which he or she worked on his or her regular classification and is to be computed by dividing the total hours worked into the total straight time earnings. The amount of weekly accident and sickness benefits otherwise payable will be reduced for each week in excess of 21 weeks of benefits during any one continuous period of disability by:

The Benefits. Administration Manager of Valero shall retain all certificates representing Restricted Stock issued to Employee under the Plan, together with stock powers executed by the Employee pertaining to such Restricted Stock, until the restrictions on such Restricted Stock described in the Plan and this Agreement lapse. The Transfer Agent for the Common Stock of Valero shall be instructed to like effect in respect of such shares.

The Benefits. The benefits of this cover are that in the event of cancellation you will receive full repayment of your deposit and/or final payment up to the final invoice cost not exceeding £2000 per week less booking fee, HCP and any administration fee. You and your party members are covered for the following events: • Death, injury, illness of you or your party members or a close relative or close business colleague or that of your party members, compulsory quar antine, jury/witness service (in a court of law) or redundancy (which qualifies for payment under the Employment Protection Consolidation Act 1978). • Admittance to a hospital/nursing home as a result of illness/injury during the holiday. • Fire/storm/flood/subsidence/malicious damage rendering the insured’s home uninhabitable. • Occupational postings giving rise to exemption from UK income tax on earnings. • Hi-jack of the conveyance in which you are travelling. • In addition, in the unfortunate event of your holida y being cut short by any of the above events then a proportion of your holiday cost will be repaid, based on the number of days holiday actually taken. A Doctor’s Certificate or other relevant document will be required to support a claim. You must declare any reason, medical or otherwise, and any pre-existing medical conditions concerning the health of the people travelling and of others upon whose health the trip may depend. For a copy of the full Terms and Conditions please visit our website at www.northumbria- ▇▇▇▇▇▇▇▇.▇▇.▇▇.

The Benefits. If you meet the eligibility requirements, we will: • provide you with up to 10 days’ personal leave (but not more than you had when you left your employment) • reinstate the long service leave you had accrued with us (if it wasn’t paid out on termination or if any other arrangement applies due to the introduction of portable long service leave) when your prior employment with us ended • recognise your prior service start date with us

The Benefits. The contract sets a floor to protect you against downward movement in the market and allows you to take advantage of some upward movement in prices. You will never receive less than the floor. You offset the cost of the floor by setting a ceiling.

The Benefits. In the paper presented under topic 5 it was demonstrated how SMEs can benefit from the patent system in at least these ways: They can: 1. Use patent information as a tool in product development and in marketing; 2. Use patent protection thus obtaining • Market position improvement on a local market; • Market position improvement on the global market; • Improvement of the competence of the enterprise; • Opening the door for licensing and internationalisation. Although all of these benefits are important there is hardly any doubt that the typical business manager will focus on • Market position improvement on a local market • Market position improvement on the global market His very simplified consideration may lead him to conclude, that a patent is a marketing If we agree to this somewhat simplified conclusion, at least we are now speaking a businessman’s language. He knows what a marketing tool is, and he can evaluate it as such. Marketing people – even in SMEs – are trained in predicting the sales potential, turn over and generated profit in various market scenarios, and they will be able to estimate the outcome of various “what-if” situations. Considering the successful use of the patent system is the same as asking: • What if we were the only ones on the market in this country for the next 5 years? (anticipating that the technology under all circumstances has a short market life time) • What if we were the only ones on the market in this country for the next 15 years? (anticipating a strong national patent and a long market life time) • What if we were the only ones on the market in our part of the world for the next 5 years? • What if we were the only ones on the market in our part of the world for the next 15 years? • What if we were the only ones on the world market for the next 5 years? • What if we were the only ones on the world market for the next 15 years? The answers to these questions will depend a lot on • The strength of the company (a strong company can more easily market on distant markets); • The accessibility of distant markets (Information Technology related markets are easier to access than, e.g., the market for concrete elements). In most cases, however, SMEs will not be able to profit from distant markets, so the answers to the questions might be as illustrated below: Total generated profit as a function of various protection scenarios High Profit Low profit No protection National 5 years National 15 years Regional 5 years Regional 1...