UPP Sample Clauses

UPP. The Employer shall continue to “pick up” a six percent (6%) 24 employee retirement plan contribution for eligible employees participating in the 25 UPP. Such “pick-up” or payment of the employee contributions shall continue for 26 the life of this Agreement.
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UPP. UPP expressly warrants that, except with respect to any components or technology of Invacare that are incorporated into the Motors with Invacare's consent ("Invacare Components"), the Motors do not infringe on any United States or foreign patent or on any other right of any other person. Except with respect to any Invacare Components, UPP shall hold and save Invacare, its successors, assigns, customers and users harmless from loss and/or liability or loss of any nature or kind arising out of or existing because of the infringement or alleged infringement of any patent by reason of the manufacture, sale or use of any goods furnished hereunder. Invacare shall notify UPP in writing of any suit filed against it or its customers on account of any such infringement or alleged infringement, and at UPP's request shall give UPP control of the defense of such suit, insofar as Invacare has the authority to do so, and information and assistance for the same, all at UPP's expense. In the event that Invacare should be enjoined in such suit or proceeding from using any part of a Motor delivered hereunder, UPP, at its option, shall promptly either (i) secure termination of the injunction or liability at UPP's expense, (ii) replace said Motor with non-infringing goods or modify the Motor to become non-infringing all at UPP's expense or (iii) terminate this Agreement.
UPP. For bargaining unit employees employed as of June 30, 2017, the Employer shall continue current contributions, including [to] “pick up” of a six percent (6%) employee retirement plan contribution for eligible employees participating in the UPP. Such “pick-up” or payment of the employee contributions shall continue for the life of this Agreement. Bargaining unit employees who become members of the bargaining unit after June 30, 2017 and who elect to participate in the UPP pursuant to Section 17.1 above shall participate in the UPP in accordance with the terms of that retirement plan and this Agreement.
UPP. The Employer shall continue to “pick up” a six percent (6%) employee retirement plan contribution for eligible employees participating in the UPP any of the Employer’s retirement plans existing as of October 1, 2010. Such “pick-up” or payment of the employee contributions shall continue for the life of this Agreement, subject to the provisions of Section 17.3 below. There shall be no duplication of any “ pick-up” contribution provided under any retirement option.

Related to UPP

  • Incentive Management Fee In addition to the Management Fee, RREM shall, on an annual basis, pay to Manager, an Incentive Management Fee equal to thirty percent (30%) of the actual income for each calendar year in excess of 110% of the budgeted income for such calendar year, not to exceed $7,500.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • SERP Executive is a participant in the BB&T Corporation Non-Qualified Defined Benefit Plan (the “SERP”). The SERP was formerly known as the Branch Banking and Trust Company Supplemental Executive Retirement Plan. The SERP is a non-qualified, unfunded supplemental retirement plan which provides benefits to or on behalf of selected key management employees. The benefits provided under the SERP supplement the retirement and survivor benefits payable from the Pension Plan. Except in the event the employment of Executive is terminated by the Employer or BB&T for Just Cause and except in the event Executive terminates Executive’s employment for any reason other than Good Reason and such termination does not occur within twelve (12) months after a Change of Control (or, if later, within ninety (90) days after a MOE Revocation), the following special provisions shall apply for purposes of this Agreement:

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Performance and Salary Review Company will periodically review Executive’s performance on no less than an annual basis. Adjustments to salary or other compensation, if any, will be made by Company in its sole and absolute discretion.

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Long-Term Incentives The Company shall provide the Executive the opportunity to earn long-term incentive awards under the current equity and cash based plans and programs or replacements therefor at a level commensurate with the current aggregate opportunity being provided to the Executive.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Management Incentive Plan “Management Incentive Plan” shall mean the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

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