Benefits Insurance Sample Clauses

Benefits Insurance. Section 9.1 Medical, Prescription, and Vision Insurance The Board shall pay for each participating employee each year 96% of the premium cost of group medical, prescription, and vision coverage unless waived by the employee. The employee may elect to add employee plus one or family coverage. The Board contributes each year an amount calculated to equal 66% of that year’s premium for the Board’s family coverage plan and 71% of that year's premium for the Board's employee plus one coverage plan. Such insurance shall include, but not be limited to, the following benefits: The specifications and benefits identified for the following plans are hereby appended to this Agreement: Medical–United HealthCare Vision–United HealthCare Prescription Drugs-CVS/CAREMARK Section 9.2 Dental Insurance The Board shall contribute 100% of the premium cost per participating employee, unless waived by the employee, for the purpose of a dental plan each year.

Benefits Insurance. Section 17.01 Medical, Rx, Dental, Vision, Life and Section 125 In order to be eligible for insurance, an employee must be contracted for at least thirty (30) hours per week. Employees may not be paid cash in lieu of insurance benefits. Coverage: See Plan Booklet for COG adopted coverage information Medical A. The College will pay:

Benefits Insurance. Consultant is not an employee of the Company and is not entitled to participate in any plans, arrangements, or distributions by the Company for its employees including, but not limited to, pension, profit sharing, bonus, medical insurance, dental insurance, life insurance, disability insurance, vacation and/or sick leave plans or arrangements. Consultant hereby waives any right it may subsequently be deemed to have to any such benefits of the Company in the event that its status is characterized in a way that would otherwise entitle it to such benefits.

Benefits Insurance. 1. Employee eligibility for health insurance benefits shall commence 60 days after hire, and to the first day of the next month. 2. The Employer agrees to pay one hundred percent (100%) of the monthly premiums for health insurance (to include hospitalization, major medical, dental, and vision) for Regular Full- Time Employees. The Employer agrees to pay a prorated percentage of monthly premiums for health insurance based on actual hours scheduled to be worked for Regular Part-Time Employees working at least twenty-one (21) hours but less than thirty (30) hours* per workweek. Employees working 30 hours or more are eligible for benefits equaling that provided to regular full-time employees. Employer agrees to pay $40,000 in Life and Accidental Death and Dismemberment (AD&D) for the employee for the term of this Agreement. *The federal Affordable Care Act (ACA) requires that employees working an average of 30 or more hours per week be eligible for health benefits coverage. 3. Employer agrees to pay eighty percent (80%) of the monthly premiums for health insurance base plan for the Employee’s dependents (up to age 26) and eighty percent (80%) for the employee’s spouse who is not eligible for government-sponsored (e.g., Medicare, Medicaid, Veterans Administration) or employer-sponsored health insurance coverage. If the Employee’s spouse is eligible for any other government-sponsored or employer- sponsored health insurance coverage, the Employee may choose to cover his/her spouse on Employer’s plan for a charge equal to fifty (50%) percent of the cost of the spouse’s coverage. The District agrees to pay one hundred percent (100%) of the cost for dental insurance of the employee’s dependents and spouse. a. Each Employee shall provide on a District-provided affidavit to the HR office annual certification stating whether his/her spouse is eligible for any other government- sponsored or employer-sponsored health insurance coverage. 4. As allowed by law and without federal penalties to the employer, an Employee may opt out of Employer-paid health insurance coverage and accordingly may receive fifty percent (50%) of the premium that the Employer would have paid for Employee only base plan coverage. Premium percentage will be paid to the employee via payroll once per month and will be considered taxable income. Any employee opting out of health benefits coverage must complete an employer-provided affidavit stating that the employee and his/her tax-family (e.g., spouse ...

Benefits Insurance. 11 ARTICLE X – GRIEVANCE PROCEDURE 13 ARTICLE XI – DISCIPLINE/DUE PROCESS RIGHTS 15 ARTICLE XII – EVALUATIONS 15

Benefits Insurance. Contractor understands that Contractor is not eligible to participate in any employee pension, health, vacation pay, sick pay, or other fringe benefit plan of the Company offered by the Company to its employees. Contractor is solely responsible for providing insurance, including but not limited to, liability, automobile, personal health, disability, and life for Contractor. Company is legally required to prove Workers’ Compensation of all members through contractual agreements with event venues. Contractor has the ability to provide the Company with a certificate of workers’ compensation insurance, or in the alternative a certificate of exemption before Contractor and/or Contractor’s employees begin the work. If Contractor does not provide Workers’ Compensation certificate, the Company will cover the Contractor under its plan and payment will be taken at the rate of 6% of final payment.

Benefits Insurance. (a) HV shall be entitled to participate in all employee benefit programs now in effect or hereafter adopted by the Company for the benefit of the Company's key executives and/or officers, including, but not limited to retirement, pension, incentive compensation, group insurance, stock options, stock bonuses and other programs of like nature. (b) During the term of employment of HV hereunder, the Company shall maintain policies of medical insurance providing for major medical coverage of HV and his family including his spouse or the equivalent thereof, and shall also maintain a long-term disability policy for HV. The coverage provided by such policies shall be comparable to those, which the Company presently provides or shall provide. (c) The Company shall purchase key man life insurance on the life of HV the first $500,000.00 benefit from which shall be payable to a beneficiary to be designated by HV with the balance payable to the Company. (d) The Company shall secure directors and officers liability insurance with coverage's and monetary amounts of protection mutually agreed upon by the Company and HV. (e) HV shall have the right to participate in the Company's non-qualified stock option plan. (f) Should the stock of the Company split or a stock dividend be paid for any reason during the term of this Agreement, any unexercised stock option or warrant, or portion thereof, shall be deemed to be subject to the terms of the stock split or purchase the equivalent number of share as covered by the split as if he had previously owned or received his option prior to the stock split.

Benefits Insurance. 12.01 For such employees as are eligible (according to the terms of the insurance policy in question) the Company agrees to pay the premium cost of Manulife Financial Policy #93282B. The portion of the policy premium paid by the Company is set out in Schedule A to this Agreement.

Benefits Insurance. Section 17.01 Medical, Rx, Dental, Vision, Life and Section 125 (* Premiums are subject to Section 125 of the Internal Revenue Code which allows employees to pay their portion of the insurance on a pre-tax basis.) In order to be eligible for insurance, an employee must be contracted for at least thirty (30) hours per week. Employees may not be paid cash in lieu of insurance benefits.