Common use of Benefits Payable Upon Disability or Death Clause in Contracts

Benefits Payable Upon Disability or Death. The Company shall, at all times, maintain in effect disability and death benefits insurance for the benefit of X. Xxxxxx in an amount at least equal to that maintained for executives of similar rank and which will not be less than that maintained by the Company for all officers and employees. Provided that the Company may increase, but never decrease the benefits which X. Xxxxxx and/or X. Xxxxxx’ heirs would be entitled to thereunder.

Benefits Payable Upon Disability or Death. The Company shall, at all times, maintain in effect disability and death benefits insurance for the benefit of X. Xxxxxx ______in an amount at least equal to that maintained for executives of similar rank and which will not be less than that maintained by the Company for all officers and employees. Provided that the Company may increase, but never decrease the benefits which X. Xxxxxx ______and/or X. Xxxxxx’ the Executive’s heirs would be entitled to thereunder. 10.

Benefits Payable Upon Disability or Death. The Company shall, at all times, maintain in effect disability and death benefits insurance for the benefit of X. Xxxxxx the Executive in an amount at least equal to that maintained for executives of similar rank and which will not be less than that maintained by the Company for all officers and employees. Provided that the Company may increase, but never decrease the benefits which X. Xxxxxx and/or X. Xxxxxx’ heirs would be entitled to thereunder.

Benefits Payable Upon Disability or Death. The Company shall, at all times, maintain in effect disability and death benefits insurance for the benefit of X. Xxxxxx ______in an amount at least equal to that maintained for executives of similar rank and which will not be less than that maintained by the Company for all officers and employees. Provided that the Company may increase, but never decrease the benefits which X. Xxxxxx ______and/or X. Xxxxxx’ the Executive’s heirs would be entitled to thereunder.

Benefits Payable Upon Disability or Death. The Company shall, at all times, maintain in effect disability and death benefits insurance for the benefit of X. Xxxxxx the Executive in an amount at least equal to that maintained for executives of similar rank and which will not be less than that maintained by the Company for all senior officers and employees. Provided that the Company may increase, but never decrease the benefits which X. Xxxxxx and/or X. Xxxxxx’ heirs would be entitled to thereunder.