Maximum Board Payment definition

Maximum Board Payment means the maximum amount that the Board will contribute toward health coverage for employees enrolled in the corporation’s medical plan.

Examples of Maximum Board Payment in a sentence

  • Maximum Board Payment per Teacher is the maximum amount for all plans as determined by the State Employees Health Insurance Plan and are subject to change as stipulated by the plan rules.

  • Maximum Board Payment Per Teacher: Up to $125 per year (pro-rated per month).

  • Maximum Board Payment Per Teacher: Single- Up to $420 per year for a single plan.

  • Maximum Board Payment Per Teacher Calendar Board Payment Board Payment Year Single Plan Family Plan 2018 $5,245.00 $10,787 It is understood that contributions by the board toward hospitalization/medical insurance shall be effective with the January anniversary date of the school corporation’s group plan.

  • Maximum Board Payment Per Teacher Calendar Board Payment Board Payment Year Single Plan Family Plan 2014 $4,845.00 $9,987.00 It is understood that contributions by the board toward hospitalization/medical insurance shall be effective with the January anniversary date of the school corporation’s group plan.

Related to Maximum Board Payment

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.