Common use of Net Costs Clause in Contracts

Net Costs. The Company shall pay the balance of the net cost of the Program as set forth in Article II over and above any employee contributions specified in Article III. It shall also pay any increase in such costs and shall receive and retain any divisible surplus, credits or refunds or reimbursements under whatever name, arising out of any such Program.

Appears in 2 contracts

Sources: Supplemental Agreement, Supplemental Agreement

Net Costs. The Company shall pay the balance of the net cost of the Program as set forth in Article II over and above any employee team member contributions specified in Article III. It shall also pay any increase in such costs and shall receive and retain any divisible surplus, credits or refunds or reimbursements under whatever name, arising out of any such Program.

Appears in 1 contract

Sources: Health Care Insurance Program