Common use of Disability and Life Insurance Clause in Contracts

Disability and Life Insurance. Executive will be eligible for short-term and long-term disability insurance and Company-paid Group Term Life Insurance equal to three times his annual earnings up to a maximum of $1,000,000.00 and AD&D Insurance upon hire. These benefits are provided at no cost to Executive.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Petco Animal Supplies Inc)

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Disability and Life Insurance. Executive will be eligible for shortShort-term and long-term disability insurance and Insurance, Company-paid Group Term Life Insurance equal to three times his Executive’s annual earnings up to a maximum of $1,000,000.00 1,000,000.00, and AD&D Insurance upon hire. These benefits are will be provided at no cost to Executive.

Appears in 2 contracts

Samples: Employment Agreement (PET Acquisition LLC), Employment Agreement (PET Acquisition LLC)

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Disability and Life Insurance. Executive will be eligible for shortShort-term and long-term disability insurance and insurance, Company-paid Group Term Life Insurance equal to three times his Executive’s annual earnings up to a maximum of $1,000,000.00 1,000,000.00, and AD&D Insurance upon hire. These benefits are will be provided at no cost to Executive.

Appears in 1 contract

Samples: Employment Agreement (PET Acquisition LLC)

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