BENEFIT SCHEMES Clause Samples

BENEFIT SCHEMES. WR. 21.1 Death benefit will be £40,000 and doubled to £80,000 if death occurs either at work or travelling to or from work. Such benefit is normally provided through the B&CE Group.
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BENEFIT SCHEMES. Without prejudice to the terms of Clauses 3 and 17, the Executive shall be entitled during the Employment, to participate at the Company’s expense in any Schemes subject to the following terms and conditions: (a) the Executive’s participation is subject to the Company’s rules regarding eligibility in force from time to time and the rules, terms and conditions of the Scheme and/or insurance policy in force from time to time; (b) the Company reserves the right to terminate the Executive’s or the Company’s participation in any Scheme, substitute a new scheme(s) for an existing scheme(s) and/or alter the level or type of benefits available under any scheme(s) (provided that the Executive’s eligibility to participate in the Schemes and the level and type of benefits will be broadly equivalent as that available to other UK-based members of the Group’s executive management); (c) if a Scheme provider (e.g. an insurance company or pensions provider) refuses for any reason (whether under its own interpretation of the rules, terms and conditions of the relevant insurance policy or otherwise) to accept a claim and/or provide the relevant benefit(s) to the Executive under the applicable Scheme, the Company shall not be liable to provide (or compensate the Executive for the loss of) such benefit(s) nor shall it be obliged to take action against the provider to enforce any rights under the Scheme; and 299021913 v1 (d) the fact that the termination of the Employment may result in the Executive ceasing to be eligible to receive or continue to receive benefits under any Scheme does not remove the Company’s right to terminate the Employment.
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BENEFIT SCHEMES. The Executive shall be entitled to participate in the following schemes operated by the Company, subject to their respective terms and conditions from time to time in force.
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BENEFIT SCHEMES. Schedule 14.15.6 sets forth a complete list, as of the date of this Agreement, of all company practices (betriebliche Übungen), collective promises (Gesamtzusagen), collective bargaining agreements (Tarifvertrag), shop agreements (Betriebsvereinbarungen) and any other agreements, whether on an individual or on a collective basis, that are applicable for any current or former Business Employee of the EMP Group Companies, and govern the salaries, bonuses or similar payments, and other monetary benefits.
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BENEFIT SCHEMES. Executive will be entitled to participate in those benefit schemes generally provided for Company’s executives located in the UK in the same or a similar tier of management, in accordance with the terms of the applicable benefit schemes. Additionally, Executive shall be entitled to participate in any other benefit schemes made available from time to time to UK employees of Company generally, including but not limited to, any death in service insurance scheme and private health insurance scheme, all subject to any restrictions specified in, or amendments made to, such schemes.
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BENEFIT SCHEMES. 7.1 The Executive is entitled to membership of the following schemes (each referred to below as an "insurance scheme"): (a) a private medical expenses insurance scheme providing such cover for the Executive his wife and dependent children under the age of 18 as the Company may from time to time notify to him; (b) a life insurance scheme under which a lump sum benefit shall be payable on the Executive's death while the Appointment continues; the benefit shall be paid to such dependants of the Executive or other beneficiary as the trustees of the scheme select at their discretion, after considering any beneficiaries identified by the Executive in any expression of his wishes delivered to the trustees before his death. The benefit is equal to two times the Executive's basic annual salary at his death; (c) a long-term disability insurance scheme ("PHI") providing salary continuance for the Executive for such period and on such terms as the Company shall from time to time notify him.
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Related to BENEFIT SCHEMES

  • Tax Benefit Schedule Within one hundred fifty (150) calendar days after the filing of the U.S. federal income Tax Return of the Corporation for any Taxable Year in which there is a Realized Tax Benefit or Realized Tax Detriment, the Corporation shall provide to the Members a schedule showing, in reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year (a “Tax Benefit Schedule”). The Tax Benefit Schedule will become final and binding on the Parties pursuant to the procedures set forth in Section 2.4(a), and may be amended by the Parties pursuant to the procedures set forth in Section 2.4(b).

  • Pension Benefits Each party reserves the right to retain as his or her sole and absolute separate property, the entire interest in pension benefits now vested, or that become vested in the future, and the right to manage, control, transfer, and convey all such property and dispose of the same by will, beneficiary designation or otherwise, without any interference from the other. The parties acknowledge that this Agreement shall constitute an effective waiver of any rights in the other's pension benefit plans. Furthermore, each party agrees to execute whatever additional waiver document may be necessary or useful to confirm such waiver of rights to the other party's pension benefit plans.

  • Pension The pension plan of the designated Employer will be the operative plan.

  • Retirement, Welfare and Fringe Benefits During the Period of Employment, the Executive shall be entitled to participate in all employee pension and welfare benefit plans and programs, and fringe benefit plans and programs, made available by the Company to the Company’s employees generally, in accordance with the eligibility and participation provisions of such plans and as such plans or programs may be in effect from time to time.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.