Compensation upon Death or Disability. In the event Executive shall, by reason of illness or incapacity, be unable to fulfill his obligations on behalf of the Company for a period of 90 consecutive days, the Company’s long term disability group coverage for Executive will pay up to 60% of his Base Salary, subject to its terms and conditions. The Company will provide term life insurance coverage in accordance with its group policy.
Appears in 5 contracts
Samples: Executive Employment Agreement (Atlantic Power Corp), Executive Employment Agreement (Atlantic Power Corp), Executive Employment Agreement (Atlantic Power Corp)
Compensation upon Death or Disability. In the event Executive shall, by reason of illness or incapacity, be unable to fulfill his obligations on behalf of the Company for a period of 90 consecutive days, the Company’s long Long term disability group coverage for Executive will pay up to 60% of his Base Salary, subject to its terms and conditions. The Company will provide term life insurance coverage in accordance with its group policyfor a total of twice Executive’s annual salary.
Appears in 1 contract
Samples: Executive Employment Agreement (Atlantic Power Corp)
Compensation upon Death or Disability. In the event Executive shall, by reason of illness or incapacity, be unable to fulfill his obligations on behalf of the Company for a period of 90 consecutive days, the Company’s long term disability group coverage for Executive will pay up to 60% of his Base Salary, subject to its terms and conditions. The Company will provide term life insurance coverage in accordance with its group policyfor a total of twice Executive’s annual salary.
Appears in 1 contract
Samples: Executive Employment Agreement (Atlantic Power Corp)
