Common use of Continued Life Insurance Benefit Clause in Contracts

Continued Life Insurance Benefit. The Company shall pay the portion of the premiums of Executive’s group life insurance coverage that the Company paid prior to the Covered Termination. Executive shall be entitled to twenty-four (24) months of such premium payments, but in no event shall such premium payments be made following the effective date of Executive’s coverage by a life insurance plan or policy of a subsequent employer. Executive shall be required to notify the Company in writing immediately if Executive becomes covered by a life insurance plan or policy of a subsequent employer.

Continued Life Insurance Benefit. The Company shall pay the portion of the premiums of Executive’s group life insurance coverage that the Company paid prior to the Covered Termination. Executive shall be entitled to [CEO: twenty-four (24) )] [EVP/SVP: eighteen (18)] [VP: twelve (12)] months of such premium payments, but in no event shall such premium payments be made following the effective date of Executive’s coverage by a life insurance plan or policy of a subsequent employer. Executive shall be required to notify the Company in writing immediately if Executive becomes covered by a life insurance plan or policy of a subsequent employer.

Continued Life Insurance Benefit. The Company shall pay the portion of the premiums of Executive’s group life insurance coverage that the Company paid prior to the Covered Termination. Executive shall be entitled to twenty-four [EVP/SVP: eighteen (24) 18)] [VP: twelve (12)] months of such premium payments, but in no event shall such premium payments be made following the effective date of Executive’s coverage by a life insurance plan or policy of a subsequent employer. Executive shall be required to notify the Company in writing immediately if Executive becomes covered by a life insurance plan or policy of a subsequent employer.

Continued Life Insurance Benefit. The Company shall pay the portion of the premiums of Executive’s 's group life insurance coverage that the Company paid prior to the Covered Termination. Executive shall be entitled to twenty-four (24) The number of months of such premium paymentspayments shall be equal to the number of months of salary continuation payments pursuant to Section 2.3 above, but in no event shall such premium payments be made for a period exceeding [nine (9)/eighteen (18)] months or be made following the effective date of Executive’s 's coverage by a life insurance plan or policy of a subsequent employer. Executive shall be required to notify the Company in writing immediately if Executive becomes covered by a life insurance plan or policy of a subsequent employer.