Voluntary Employees Beneficiary Association (VEBA) for Buyout Dollars Sample Clauses

Voluntary Employees Beneficiary Association (VEBA) for Buyout Dollars. The School Corporation shall contribute to a voluntary employees' beneficiary association ("VEBA''), as described in section 501(c)(9) of the Internal Revenue Code, that amount representing the present value of the group health insurance benefits and term life insurance, as calculated for all employees using the assumptions to which the parties mutually agreed set forth in Section A-3 above and reflected in Appendix A to the Memorandum of Agreement incorporated herein and maintained by the parties' designees. Additional terms and conditions for the administration and operations of the VEBA shall be as follows:
Sample 1

Related to Voluntary Employees Beneficiary Association (VEBA) for Buyout Dollars

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