VEBA Committee Sample Clauses

VEBA Committee. The parties agree to create a committee to explore the City’s role in a Voluntary Employees’ Beneficiary Association (“VEBA”) designed to reimburse eligible participants for substantiated medical insurance premium expenses or qualified medical expenses. Such Committee will be comprised of members appointed by the City and by the Union. The City’s members on the committee shall include a representative from: the City Auditor’s Office, the City Attorney’s Office, the Department of Public Safety, Department of Human Resources, and the Department of Finance and Management. The Union’s representatives shall include the Union President and at least one Vice-President. Each member may invite additional participants to attend. The City and Union shall bear their own outside counsel costs and expenses. The Committee will meet as it deems appropriate, but not less often than quarterly, with the first meeting occurring no later than January 31, 2019. Meeting times and dates shall be established by agreement of the Director of Human Resources for the City and the Union President following consultation with their respective Committee members. The Committee may engage independent third-party service providers, including but not limited to, actuaries, investment professionals, lawyers, benefits and insurance consultants, tax advisors or other relevant service providers. Service providers shall be agreed upon by the Director of Human Resources for the City and the Union President following consultation with their respective Committee members. The City shall commit an amount not to exceed a total of twenty-five thousand dollars ($25,000.00).
Sample 1Sample 2Sample 3
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VEBA Committee. The VEBA Committee and their respective successors elected from time to time pursuant to the terms of this Agreement, act collectively as Plan Administrator of the Plans and Trustee of the Trust to sponsor, control, and manage the operation and overall design and administration of the Trust and the Plans. The initial VEBA Committee consists of the following: Xxx Xxxxxx, Xxxxxxx Xxxxxxxxx, Xxxx XxXxxxxxx, Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxx.
Sample 1
VEBA Committee. The Company has established a committee (the "VEBA Committee") to oversee the operation and administration of the Voluntary Employee Beneficiary Association Trust Fund. The names and addresses of the initial members of the VEBA Committee are set forth at Exhibit "B" to this Amended Agreement. In the event that Section 1.11 of the Agreement becomes effective, each of the members of the VEBA Committee immediately preceding the Shareholder Approval (as defined in Section 1.11) shall continue as such until his or her death, resignation or permanent disability, and any vacancy so caused shall be filled by action of a majority of the remaining members of the VEBA Committee.
Sample 1
VEBA Committee. The individuals named in Article XI herein, as duly authorized by the 1114 Committee, and their successors as appointed or elected from time to time pursuant to the terms of this Trust Agreement, acting collectively as Plan Administrator of the Plans and Trustee to sponsor, control and manage the operation and overall design and administration of the Trust and the Plans. As of the Amendment Date, the VEBA Committee consists of Den Black, Xxxxx Xxxxxx, Xxxxx Xxxxxx-Light, Xxxxx Xxxxx, Xxxxxxxx Xxxxx, and Xxx XxXxxx, with one vacancy on the VEBA Committee.
Sample 1

Related to VEBA Committee

  • Transition Committee 8.1.0 A transition committee comprised of the employee representatives and the employer representatives, including the Crown, will be established by January 31, 2016 to address all matters that may arise in the creation of the Trust.

  • Advisory Committee The Settling State shall designate an Opioid Settlement Remediation Advisory Committee (the “Advisory Committee”) to provide input and recommendations regarding remediation spending from that Settling State’s Abatement Accounts Fund. A Settling State may elect to use an existing advisory committee or similar entity (created outside of a State-Subdivision Agreement or Allocation Statute); provided, however, the Advisory Committee or similar entity shall meet the following requirements:

  • Management Committee The Members shall act collectively through meetings as a "committee of the whole," which is hereby named the "Management Committee." The Management Committee shall conduct its affairs in accordance with the following provisions and the other provisions of this Agreement:

  • Investment Committee The board of directors of the insurance company shall appoint an investment committee of the investment manager as the investment committee of the insurance company. The investment committee shall meet at least once each quarter to review the investments and loans of the insurance company.

  • Compensation Committee (A) The Compensation Committee shall be composed of not more than five (5) members who shall be selected by the Board of Directors from its own members who are not officers of the Company and who shall hold office during the pleasure of the Board.

  • Nominating Committee Subject to the provisions of Article X, the Nominating Committee shall consist of such number of Directors (none of whom shall be an employee of the Corporation) as may be determined from time to time by the Board. Subject to the provisions of Article X, the Committee shall review the qualifications of potential candidates for the Equity Directors and shall propose nominees for the Equity Directors who are nominated by the Board. Subject to the provisions of Article X, in making their nominations, the Nominating Committee and the Board of Directors shall take into consideration that (i) the Board of Directors shall have meaningful representation of a diversity of interests, including floor brokers, floor traders, futures commission merchants, producers, consumers, processors, distributors and merchandisers of commodities traded on Chicago Mercantile Exchange Inc. (the “Exchange”) or Board of Trade of the City of Chicago, Inc. (the “CBOT”), participants in a variety of pits or principal groups of commodities traded on the Exchange or the CBOT and other market users or participants; (ii) at least 10% of the members of Board of Directors shall be composed of persons representing farmers, producers, merchants or exporters of principal commodities traded on the Exchange or the CBOT; and (iii) at least 20% of the members of the Board of Directors shall be composed of persons who do not possess trading privileges on either the Exchange or the CBOT, are not salaried employees of the Corporation and are not officers, principals or employees who are involved in operating the futures exchange related business of a firm entitled to members’ rates on either the Exchange or the CBOT. Notwithstanding the foregoing, the Nominating Committee shall include the Chief Executive Officer of the Corporation as a nominee for an Equity Director at any annual meeting of shareholders at which his or her term is scheduled to expire; provided, that if such term expiration occurs during the Transition Period, the Chief Executive Officer shall be nominated as a CME Director. Subject to the provisions of Article X, a majority of the Nominating Committee shall constitute a quorum necessary to transact business.

  • Audit Committee (A) The Audit Committee shall be composed of five members who shall be selected by the Board of Directors from its own members, none of whom shall be an officer of the Company, and shall hold office at the pleasure of the Board.

  • Executive Committee (A) The Executive Committee shall be composed of not more than nine members who shall be selected by the Board of Directors from its own members and who shall hold office during the pleasure of the Board.

  • Development Committee As soon as practicable, the Parties will establish a joint development committee, comprised of at least one (1) and up to two (2) representatives of Omega and at least one (1) and up to two (2) representatives of Acuitas (the “JDC”). One such representative from each Party will be such Party’s Workplan Leader. Each Party may replace its Workplan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned or delayed), each Party may invite non-voting employees and consultants to attend JDC meetings as necessary, subject to consultant’s agreement to be bound to the same extent as a permitted subcontractor under Section 3.1(i).

  • Steering Committee The Project Manager shall set up a Steering Committee for the Project, consisting of representatives from the Department, the Contractor, and any other key organisations whom the project will impact on, to be agreed between the parties. The function of the Steering Committee shall be to review the scope and direction of the Project against its aims and objectives, monitor progress and efficiency, and assess, manage and review expected impact and use of the findings from the Project. The Committee shall meet at times and dates agreed by the parties, or in the absence of agreement, specified by the Department. The Contractor’s representatives on the Steering Committee shall report their views on the progress of the Project to the Steering Committee in writing if requested by the Department. The Contractor’s representatives on the Steering Committee shall attend all meetings of the Steering Committee unless otherwise agreed by the Department.

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