Disability Benefits and Life Insurance. The Executive shall be entitled to long-term disability coverage providing benefits (to continue for such period as is provided in the applicable disability plan or program, as amended from time to time) equal to two-thirds of Annual Salary in the case of a covered disability and life insurance benefits with a face amount equal to Annual Salary.
Appears in 4 contracts
Samples: Employment Agreement (Commercial Net Lease Realty Inc), Employment Agreement (Commercial Net Lease Realty Inc), Employment Agreement (Commercial Net Lease Realty Inc)
Disability Benefits and Life Insurance. The Executive shall be entitled to long-term disability coverage providing benefits (to continue for such period as is provided in the applicable disability plan or program, as amended from time to time) equal to two-thirds sixty percent (60%) of Annual Salary in the case of a covered disability and life insurance benefits with a face amount equal to Annual Salary.
Appears in 2 contracts
Samples: Employment Agreement (Netreit), Employment Agreement (Netreit)