Common use of Continuation of Premiums for Long Term Disability Insurance Clause in Contracts

Continuation of Premiums for Long Term Disability Insurance. During the Continuation Period, the Company will continue to contribute on behalf of the Executive the portion of the cost of long term disability insurance premiums paid by the Company on behalf of the Executive as of the Termination Date and will continue to cover the Executive under the Company's long term disability insurance plans to the maximum extent the Executive was covered thereunder during the one year period prior to the Termination Date.

Appears in 6 contracts

Samples: Continuation Agreement (Innovasive Devices Inc), Income Continuation Agreement (Innovasive Devices Inc), Continuation Agreement (Innovasive Devices Inc)

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