Common use of Executive Insurance Policy Clause in Contracts

Executive Insurance Policy. If applicable and immediately after the date of the termination of Executive’s employment hereunder, Executive agrees to be solely responsible for the payment of the premiums under his long-term care/life insurance policy.

Appears in 3 contracts

Samples: Severance and Change in Control Agreement (Material Sciences Corp), Severance and Change in Control Agreement (Material Sciences Corp), Severance and Change in Control Agreement (Material Sciences Corp)

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Executive Insurance Policy. If applicable and immediately after the date of the termination of the Executive’s employment hereunder, the Executive agrees to be solely responsible for the payment of the premiums under his long-term care/life insurance policy.

Appears in 2 contracts

Samples: Severance and Change in Control Agreement (Material Sciences Corp), Severance and Change in Control Agreement (Material Sciences Corp)

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