Basic Life Insurance. (a) The Employer shall provide life insurance to each active employee in the amount of one hundred percent (100%) of salary or twenty thousand dollars ($20,000.00), whichever is greater.
Appears in 11 contracts
Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement
Basic Life Insurance. (a) The Employer shall provide life insurance to each active employee in the amount of one hundred percent (100%) of annual salary or twenty ten thousand dollars ($20,000.0010,000.00), whichever is greater.
Appears in 9 contracts
Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement