Executive Life Insurance. The Company shall provide Executive with term life insurance providing a death benefit of at least $3,000,000 to Executive's designated beneficiaries.
Appears in 2 contracts
Samples: Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa)
Executive Life Insurance. The Company shall provide Executive with term life insurance providing a death benefit of at least $3,000,000 2,500,000 to Executive's ’s designated beneficiaries. The life insurance policy shall be assigned to the Executive at the time of his termination.
Appears in 1 contract
Samples: Employment Agreement (Genesis Health Ventures Inc /Pa)
Executive Life Insurance. The Company shall provide Executive with term life insurance providing a death benefit of at least $3,000,000 6,000,000 to Executive's designated beneficiaries.
Appears in 1 contract
Samples: Employment Agreement (Genesis Health Ventures Inc /Pa)