Compensation for Increased Healthcare Contributions Clause Samples

Compensation for Increased Healthcare Contributions. In consideration for the changes to healthcare contributions detailed in Article 15, the following annual base pay increases will be made on the effective date for employees participating in the City Group Health Insurance Program. These base pay increases shall not be included in base pay for the purpose of calculating the 2.5% base pay increase for year one of this Agreement. Base Salary Less than $36,000 = $268 Base Salary Range $36,000 - $46,000 = $471 Base Salary Range $46,001 - $56,000 = $942 Base Salary More than $56,000 = $1,200 If the base pay increases place an individual in a higher contribution category, the individual’s base pay will be further increased to offset the additional contribution.
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Compensation for Increased Healthcare Contributions. In consideration for the changes to healthcare contributions detailed in Article 20, the following base pay increases will be made on the effective date as defined in section 1 for employees participating in the City Group Health Insurance Program. These base pay increases shall not be included in base pay for the purpose of calculating the 2.5% base pay increase for FY14.: If these base pay increases place an individual in a higher contribution category, the individual’s base pay will be further increased to offset the additional contribution.
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Related to Compensation for Increased Healthcare Contributions

  • Dimensions Education Bachelor’s Degree in Computer Science, Information Systems, or other related field. Or equivalent work experience. A minimum of 3 years of IT work experience with Web-related software and hardware products, and systems administration experience with multi-platform environments.

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • General Provisions This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with, the law of the State of New York.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.