Relation to Other Benefits Clause Samples
The 'Relation to Other Benefits' clause defines how the benefits provided under a specific agreement interact with or affect other benefits the recipient may be entitled to from different sources. Typically, this clause clarifies whether the benefits under the agreement are in addition to, or offset by, other payments such as insurance, government programs, or employer-provided benefits. For example, if an employee receives disability payments from both a company plan and a government program, this clause would specify if the company plan payments are reduced by the amount received from the government. Its core function is to prevent double recovery or overcompensation, ensuring that benefit payments are coordinated and fair.
Relation to Other Benefits. Any economic or other benefit to the Grantee under this Agreement or the Plan shall not be taken into account in determining any benefits to which the Grantee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or any of its Subsidiaries and shall not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or any of its Subsidiaries.
Relation to Other Benefits. Any economic or other benefit to Optionee under this Agreement shall not be taken into account in determining any benefits to which Optionee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or any Subsidiary and shall not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or any Subsidiary.
Relation to Other Benefits. Except as specifically provided, any economic or other benefit to the Participant under this Agreement or the Plan will not be taken into account in determining any benefits to which the Participant may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or any Affiliate and will not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or an Affiliate.
Relation to Other Benefits. Any economic or other benefit to the Grantee under this Agreement shall not be taken into account in determining any benefits to which the Grantee may be entitled.
Relation to Other Benefits. Any economic or other benefit to the Participant under this Award Agreement shall not be taken into account in determining any benefits to which the Participant may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by Key and shall not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of Key.
Relation to Other Benefits. Any economic or other benefit to the Employee under this Agreement or the Plan will not be taken into account in determining any benefits to which the Employee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or a Subsidiary and will not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or a Subsidiary.
Relation to Other Benefits. A. An employee who uses leave without pay under this section will retain all health and life insurance benefits for the entire period of leave without pay. Such employees may defer payment of the employee's share of the cost of such benefits until the employee returns to pay status. If the employee elects to defer such payments, the employer will deduct one-sixth of the total amount owed from the employee's next six paychecks upon return from FMLA leave.
B. The employee must be restored to the same or an equivalent position with equivalent benefits upon return from FMLA leave.
C. An employee who uses FMLA leave under this Article shall continue to accrue seniority for all purposes during the entire period of leave.
D. The use of FMLA leave will not prevent an employee from using other types of accrued or non- accrued leave, subject to the limitations stated in other sections of this Article.
Relation to Other Benefits. A merit system employee who uses leave without pay under this section will retain all health and life insurance benefits for the entire period.
Relation to Other Benefits. (a) A merit system employee who uses leave without pay under this section will retain all health and life insurance benefits for the entire period.
(b) After the employee returns from parental leave, the employee must repay the County for the employee's share of the cost of the insurance if the employee did not pay for insurance during the LWOP.
Relation to Other Benefits. Any economic or other benefit to you under this Agreement or the Plan will not be taken into account or considered as salary or compensation in determining any benefits to which you may be entitled under any profit‑sharing, retirement or other benefit or compensation plan maintained by ▇▇▇▇ or any Subsidiary, except to the extent otherwise expressly provided under any such plan, and will not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of ▇▇▇▇ or a Subsidiary, except to the extent otherwise expressly provided under any such plan.