Common use of Group Medical and Life Insurance Benefits Clause in Contracts

Group Medical and Life Insurance Benefits. The Bank will provide Executive and Executive's immediate family, and pay for, participation in medical, dental, vision, accident and health benefits as provided to other officers and employees of the Bank, an annual physical examination, and appropriate life and disability insurance, as long as Executive is insurable at a normal premium payment. The Bank’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated herein.

Appears in 3 contracts

Samples: Employment Agreement (RBB Bancorp), Employment Agreement (RBB Bancorp), Employment Agreement (RBB Bancorp)

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Group Medical and Life Insurance Benefits. The Bank will provide Executive and Executive's immediate family, and pay for, participation in medical, dental, vision, accident and health benefits as provided to other officers and employees of the Bank, an annual physical examination, and appropriate life and disability insurance, as long as Executive is insurable at a normal premium payment. The Bank’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated herein.

Appears in 2 contracts

Samples: Employment Agreement (RBB Bancorp), Employment Agreement (RBB Bancorp)

Group Medical and Life Insurance Benefits. The Bank will provide Executive and Executive's ’s immediate family, and pay for, participation in medical, dental, vision, accident and health benefits as provided to other officers and employees of the Bank, an annual physical examination, and appropriate life and disability insurance, as long as Executive is insurable at a normal premium payment. The Bank’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated herein.

Appears in 1 contract

Samples: Employment Agreement (RBB Bancorp)

Group Medical and Life Insurance Benefits. The Bank will shall provide Executive for Executive, at the Bank’s expense, group health and Executive's immediate family, and pay for, participation life insurance benefits in medical, dental, vision, accident and health benefits accordance with the Bank’s Personnel Policy as provided in effect from time to other officers and employees time. Said coverage shall be in existence or shall take effect as of the BankEffective Date hereof and shall continue throughout the Term. Provision of the insurance is subject to Executive’s passing the necessary physical examinations for qualification, an annual physical examination, and appropriate life and disability insurance, as long as Executive is insurable at a normal premium payment. The Bank’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated hereinif any.

Appears in 1 contract

Samples: Employment Agreement (1st Centennial Bancorp)

Group Medical and Life Insurance Benefits. The Bank will provide Executive and Executive's ’s direct and immediate familyfamily with, and pay for, participation in medical, dental, vision, accident and health benefits as provided to other officers and employees of the Bankbenefits, an annual physical examination, and appropriate life and disability insurance, as long as Executive is insurable at a normal premium paymentand an annual physical examination. The Bank’s liability to Executive for any breach of this paragraph Said coverage shall be limited to in existence or shall take effect as of the amount of premiums payable by Effective Date hereof and shall continue throughout the Bank to obtain the coverage contemplated hereinTerm.

Appears in 1 contract

Samples: Employment Agreement (First Choice Bancorp)

Group Medical and Life Insurance Benefits. The Bank will shall provide Executive and for Executive's immediate family, and pay for, participation in medical, dental, vision, accident and health insurance benefits in accordance with the benefits provided to Bank employees generally, and the Bank will pay the premium for that coverage in the same manner as provided to other officers and for Bank employees generally. Said coverage shall be in existence or shall take effect as of the Bank, an annual physical examination, and appropriate life and disability insurance, Effective Date or as long as Executive is insurable at a normal premium payment. The Bank’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated herein.soon thereafter

Appears in 1 contract

Samples: Employment Agreement (First Coastal Capital Trust)

Group Medical and Life Insurance Benefits. The Bank will provide Executive and Executive's ’s direct and immediate familyfamily with, and pay for, participation in medical, dental, vision, accident and health benefits as provided to other officers and employees of the Bankbenefits, an annual physical examination, and appropriate life and disability insurance, and an annual physical examination. Said coverage shall be in existence or shall take effect as long as Executive is insurable at a normal premium paymentof the Effective Date hereof and shall continue throughout the Term. The Bank’s or RBB Bancorp’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated herein.

Appears in 1 contract

Samples: Employment Agreement (RBB Bancorp)

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Group Medical and Life Insurance Benefits. The Bank will provide Executive and Executive's ’s immediate family, and pay for, participation in medical, dental, vision, accident and health benefits as provided to other officers and employees of the Bank, an annual physical examination, and appropriate life and disability insurance, as long as Executive is insurable at a normal premium payment. The Bank’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated herein.

Appears in 1 contract

Samples: Employment Agreement (RBB Bancorp)

Group Medical and Life Insurance Benefits. The Bank will provide Executive and Executive's ’s direct and immediate familyfamily with, and pay for, participation in medical, dental, vision, accident and health benefits as provided to other officers and employees of the Bankbenefits, an annual physical examination, and appropriate life and disability insurance, and an annual physical examination. Said coverage shall be in existence or shall take effect as long as Executive is insurable at a normal premium paymentof the Effective Date hereof and shall continue throughout the Term. The Bank’s or First Choice Bancorp’s liability to Executive for any breach of this paragraph shall be limited to the amount of premiums payable by the Bank to obtain the coverage contemplated herein.

Appears in 1 contract

Samples: Employment Agreement (First Choice Bancorp)

Group Medical and Life Insurance Benefits. The Bank will shall provide Executive and for Executive's immediate family, and pay for, participation in medical, dental, vision, accident and health insurance benefits in accordance with the benefits provided to Bank employees generally, and the Bank will pay the premium for that coverage in the same manner as provided to other officers and for Bank employees generally. Said coverage shall be in existence or shall take effect as of the Effective Date or as soon thereafter as the insurance carrier permits and shall continue throughout the Term. Bank, an annual physical examination, and appropriate life and disability insurance, as long as Executive is insurable at a normal premium payment. The Bank’s 's liability to Executive for any breach of this 5 6 paragraph shall be limited to the amount of premiums payable by the Bank in order to obtain the coverage contemplated herein.

Appears in 1 contract

Samples: Employment Agreement (First Coastal Capital Trust)

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