Group Disability Sample Clauses

Group Disability. The Company shall continue to provide Executive coverage, no less frequently than monthly, under the Company’s group disability plan for a period of twelve (12) months immediately following termination of employment (subject in the case of long-term disability to the availability of such coverage under Company’s insurance policy).
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Group Disability. A group disability insurance plan will be provided for each full- time teacher (at least 600 hours per year) employed under contract and enrolled in the group plan with the teacher paying not less than one dollar ($l.00) per year.
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Group Disability. The Board agrees to provide a group disability plan provided by CIGNA, or another carrier with substantially the same benefit levels. All employees shall be supplied with a handbook provided by the carrier which outlines the specific benefits provided by such disability program.
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Group Disability. For a period of twenty-four (24) months immediately following termination of employment (subject in the case of long-term disability to the availability of such coverage under Company’s insurance policy) (the “Disability Premium Payment Period”), the Company shall pay to Executive an amount in cash equal to the Company’s cost of providing Executive with coverage under the Company’s group disability plan if he had remained employed during the Disability Premium Payment Period. Such cash payment shall be paid no less frequently than monthly in accordance with the Company’s normal payroll procedures and subject to applicable withholding, beginning with the first payroll date after the date of termination of Executive’s employment and continuing for the Disability Premium Payment Period.
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Group Disability. If the Consulting Agreement contemplated by subsection 5(k) below becomes effective, the Company shall continue to provide Executive coverage under the Company's group disability plan at all times during the term of such Consulting Agreement.
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Group Disability. Percentage of Minimum Lives Maximum Lives Premium Fee 2 9 6.00% 10 25 5.00% 26 100 4.00% 101 199 2.50% 200+ 1.50% SCHEDULE A - CONTINUED FEE FOR STANDARD SERVICES Sound Solutions Term 1st Year - Band 1 25% of Premium 1st Year - Band 2 18.75% of Premium 1st Year - Band 3 12.5% of Premium Maintenance $60/policy/year Servicee will pay for actual underwriting expenses Band 1 = $100,000 - $249,000 Face Amounts Band 2 = $250,000 - $499,000 Face Amounts Band 3 = $500,000 + Face Amounts 10 Pay Whole Life 1st Year 15% of Premium + $30 Maintenance $38/policy/year Servicee will pay for actual underwriting expenses. 20 Pay Whole Life 1st Year 20% of Premium + $30 Maintenance $38/policy/year Servicee will pay for actual underwriting expenses. Juvenile 1st Year 20% of Premium Maintenance $1/policy/year SCHEDULE A - CONTINUED FEE FOR STANDARD SERVICES Pre-need 1st Year $75/policy Maintenance $25/policy/year Annuity 1st Year 1% of Premium + $70 Maintenance $35/policy/year Accumulator 1st Year 15% of Premium + $150 Maintenance $45/policy/year Servicee will pay for actual underwriting expenses. SCHEDULE B FEE FOR OTHER SERVICES Sales & Marketing Services - $750 per day or $100 per hour billed in half hour increments Direct System Charges - $0.25 per month per individual policy and $0.20 per month per group member Graphic Design Services - $75 per hour Underwriting Expenses - Actual cost as charged by ExamOne to gather underwriting requirements Other Direct Costs Paid On Behalf of Servicee - Actual cost. Examples would include bank service fees, external actuarial fees, and custom printed materials Accumulator Conversion Fee — A one-time fee of $7,500 will be charged to convert the Accumulator policies to the Servicer administrative system.
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Group Disability. The Company shall continue to provide Executive coverage under the Company's group disability plan at all times during the term of the Consulting Agreement contemplated by Section 5(i) hereof.
Sample 1
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Group Disability. The Company shall continue to provide Executive coverage under the Company's group disability plan until Executive reaches the age of 65, if and to the extent such coverage is available under the Company's insurance plan.
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Group Disability. If the Consulting Agreement contemplated by subsection 5(k) below becomes effective, the Company shall continue to provide Executive coverage under the Company's group disability plan at all times during the term of such Consulting Agreement.
Sample 1

Related to Group Disability

  • Disability If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and its affiliated companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and its affiliated companies and their families.

  • Long-Term Disability (income replacement during a qualifying disability equal to sixty-six and two-thirds percent (66 2/3%) of basic monthly earnings to the established maximum following a one hundred and twenty (120) working day elimination period);

  • Total Disability (a) Total disability, as used in this Plan, means the complete inability because of an accident or sickness of a covered employee to perform all the duties of his/her own occupation for the first two (2) years of disability. Thereafter, employees able by reason of education, training or experience to perform the duties of a gainful occupation for which the rate of pay is not less than seventy-five percent (75%) of the current rate of pay of their regular occupation at date of disability will not be considered totally disabled and will therefore not be eligible for benefits under this Long Term Disability Plan.

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