Group Life Principle Sum Sample Clauses

Group Life Principle Sum twice an eligible employee's annual basic pay subject to a minimum of one-hundred thousand dollars ($100,000). (1) loss of both hands or feet group life principle sum (2) loss of sight of both eyes. group life principle sum (3) loss of one foot and one hand group life principle sum (4) loss of one hand or one foot and sight of one eye. group life principle sum (5) accidental death. group life principle sum (6) loss of one hand or one foot. one-half of group life principle sum (7) loss of sight of one eye one-half of group life principle sum
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Group Life Principle Sum twice an eligible employee's annual basic pay subject to a minimum of one hundred thousand dollars ($100,000).
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Related to Group Life Principle Sum

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • General Principle Each Employer recognises that Employees sometimes face situations of violence or abuse in their personal life that may affect their attendance or performance at work. Therefore, each Employer is committed to providing support to staff that experience family violence.

  • General Wage Increases The Employer and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows: (a) Effective 2020 January 01, all hourly rates of pay that were in effect on 2019 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2021 January 01, all hourly rates of pay that were in effect on 2020 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (c) Retroactive payments arising from (a) and (b) will be made as soon as possible following the date of ratification of this Memorandum of Agreement.

  • General Principles Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.