Common use of Economic Benefit Provided to Executive Clause in Contracts

Economic Benefit Provided to Executive. For each calendar year for which this Agreement is in force, the economic benefit provided to the Executive under this Agreement is limited to current life insurance protection in an amount equal to the total age 65 liability accrued on the Company’s records as of the end of the preceding calendar year (the “Current Life Insurance Protection Amount”).

Economic Benefit Provided to Executive. For each calendar year for which this Agreement is in force, the economic benefit provided to the Executive under this Agreement is limited to current life insurance protection as set forth in an amount equal to the total age 65 liability accrued on the Company’s records as of the end of the preceding calendar year Schedule B (the “Current Life Insurance Protection Amount”).

Economic Benefit Provided to Executive. For each calendar year for which this Agreement is in force, the economic benefit provided to the Executive under this Agreement Section 7.5 is limited to current life insurance protection in an amount equal to the total age 65 liability accrued on the Company’s records as of the end of the preceding calendar year (the “Current Life Insurance Protection Amount”). By way of clarification, and not limitation, it is the intent of the parties that this Section 7.5.1 shall not in anyway limit the benefits under Article 2 of this Agreement absent the death of the Executive.”