Additional Life Insurance definition

Additional Life Insurance. The School District shall also arrange the life insurance program so that an eligible employee may purchase additional life insurance at group rates, at the employee’s expense through payroll deduction, in increments of ten thousand ($10,000) dollars up to a total of one hundred fifty thousand ($150,000) dollars, subject to the terms of the insurance policy.

Related to Additional Life Insurance

  • Closing Date has the meaning set forth in Section 2.2.

  • Plan means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

  • Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Company has the meaning set forth in the Preamble.

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible, including, without limitation, cash, securities, accounts and contract rights.

  • State Fiscal Year means the period beginning September 1 and ending August 31 each year, which is the annual accounting period for the State of Texas.

  • Effective Date has the meaning set forth in the preamble.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Amendment means a written agreement, signed by the Parties, which documents changes to the Contract other than those permitted by Work Orders.

  • Contractor means the individual or entity, that has entered into this contract with the Commonwealth.

  • Site means the place or places where the permanent Works are to be carried out including workshops where the same is being prepared.

  • Applicant shall have the meaning given to such term in Section 5.10.

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Services means those functional services ancillary to the supply of the goods, such as transportation and any other incidental services, such as installation, commissioning, provision of technical assistance, training, catering, gardening, security, maintenance and other such obligations of the supplier covered under the contract.

  • Employee means an employee of the Contractor directly engaged in the performance of work under the contract who has other than a minimal impact or involvement in contract performance.

  • Lien means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction.

  • SCC means the Special Conditions of Contract.

  • Intellectual Property means all patents, trademarks, service marks, logos, get-up, trade names, internet domain names, rights in designs, blue prints, programmes and manuals, drawings, copyright (including rights in computer software), database rights, semi-conductor, topography rights, utility models, rights in know-how and other intellectual property rights, in each case whether registered or unregistered and including applications for registration, and all rights or forms of protection having equivalent or similar effect anywhere in the world;

  • Employer as defined in Section 3(5) of ERISA.

  • Agreement has the meaning set forth in the preamble.

  • Director means a member of the Board.

  • Board of Directors means the board of directors of the Company.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Secretary means the Secretary of the Department of Health and Human Services or his designee.

  • Subcontractor means any supplier, distributor, vendor, or firm that furnishes supplies or services to or for a prime contractor or another subcontractor.