Types of Benefits. Benefits under the Plan shall consist of Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Units, Performance Shares, Performance Cash Awards, Annual Management Incentive Awards and Other Stock or Cash Awards, all as described below.
Types of Benefits. Benefits under the Plan shall consist of Stock Options and Stock Appreciation Rights as described below.
Types of Benefits. 22 23 6.5.1 Unit members are eligible to join health insurance, vision and dental plans 24 within 30 days from the date of employment. Unit members are eligible to 25 join health insurance plans within 30 days from the date of employment. 26 Non-retirement system members are eligible to join health plans within 30 27 days from the date of employment. (Coverage to be effective the first of the 28 following month if hired before the 15th of the month, or the first of the 29 second succeeding month if hired after the 15th of the month.) 30 31 To be eligible for medical and/or dental insurance, an employee must be 32 working at least 10 hours per week. 33 34 An employee who is not covered in the health insurance plan within 30 days 35 from date of employment may join the plan upon receiving approval of a 36 Health Statement Request or letter of mid-year exception by the petitioned 37 carrier. A waiver must be filed with the Insurance Office if the employee 38 does not require health insurance coverage (employee must provide proof of 39 group coverage elsewhere). 40
Types of Benefits. 2.1 The Company grants the following benefits:
(a) normal retirement pension
(b) early retirement pension
(c) disability pension
(d) widow's pension
(e) orphans' pension
2.2 The Employee and his eligible dependents have a legal right to these pension benefits, in accordance with the provisions of this Pension Plan.
Types of Benefits. In order to decide how to divide benefits under a QDRO, the drafter first should determine the types of benefits the plan provides. Most benefits pro- vided by qualified plans can be classi- fied as (1) retirement benefits that are paid during the participant’s life and (2) survivor benefits that are paid to benefi- ciaries after the participant’s death. Gen- erally, a QDRO can assign all or a portion of each of these types of ben- efits to an alternate payee. The drafters of a QDRO should coordinate the as- signment of these types of benefits. QDRO drafters should also consider how the benefits divided under the QDRO may be affected, under the plan, by the death of either the participant or the alternate payee.
Types of Benefits. The benefits to be provided under this Amended Trust Agreement may include classroom, correspondence courses, on-the-job training, workplace training and/or instruction provided to individuals who aspire to positions in the electrical trades or wish to improve their existing skills, and stipends or wages paid to apprentices while engaged in classroom instruction, as determined by the Trustees.
Types of Benefits. Community benefits for energy projects can come in various forms. A summary listing which applies to many types of energy project, and which was set out in some detail in the 2009 EU COWAM report on the management of radioactive waste, includes the following three broad categories: financial incentives: an annual payment or lump sum or both; share in local tax revenues; discounts in terms of reduced utility fees; and equity shareholding or profit sharing with the local community, for example in a renewable energy project or gift shares into the ownership of a local community organisation; social benefits in kind where a developer may provide for a community facility or local environmental improvements: a widening range including transport improvements over and above those needed for a development to proceed, affordable housing, training/apprenticeship schemes, village halls, sports facilities, improved telecoms etc; and community empowerment measures: with local participation in decision making and/or ongoing monitoring, and local capacity building. Recent government guidance on community benefits for wind farms in England (DECC 2014a) has a similar listing with two main categories (see Table 1). Social benefits are also increasingly being used to enhance local wellbeing, particularly in relation to actual and perceived health, safety, crime and relative deprivation issues (Xxxxxxxx and Xxxxxxx 2017). The various types of benefits have their advantages and disadvantages. For example, although lump sum financial incentives may bring immediate benefits for communities, the community may demand more for continued involvement. Annual payments can demonstrate a long term commitment by a developer and allow a community to assess the benefits of participation over time, but they could encourage a community dependency culture. In terms of social benefits in kind, infrastructure improvements have the advantage of being highly visible to the local population, but there may be some local opposition (for example to new transport projects), and they may provide an opportunity for local and central government to cut down on their own investments in the community. Owning a share in an energy project is another way in which an individual or group can benefit. This approach has been utilised for some renewables projects in the UK; but, with less than 10% locally owned and more than 90% owned by the big energy companies, the UK is well behind some EU countries such as...
Types of Benefits. A major advantage of CBAs is that they can include any commitment that the developer and community groups agree to, so CBAs can precisely tailor the terms to the neighborhood’s needs and the project’s parameters. -Signatories: Parties may include the coalition, groups within the coalition, the developer, and at times, the city
Types of Benefits. Benefits shall be granted in the form of - old age pension (§ 5) - disability pension (§ 6) - widow’s / widower’s pension (§ 7) - orphan’s pension (§ 8)
Types of Benefits. Benefits available under the Plan may be awarded singularly or in any combination provided, however, that Incentive Stock Options may not be awarded in tandem with Non-Statutory Stock Options where the exercise of one affects the right to exercise the other.
