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

Group Medical and Life Insurance Benefits. Bank shall provide for Executive, at Bank’s expense to the extent permitted by Bank policy, participation in a comprehensive major medical, dental, and optical plan, with accident benefits, equivalent to either (i) the maximum available from time to time under the California Bankers Association Group Insurance Program for an employee of Executive’s salary level; or (ii) the benefits under an insurance program adopted on a non—discriminatory basis for the employees of the Bank generally. Life insurance benefits shall be provided to Executive, at Bank’s expense to the extent not prohibited by Bank policy during the term hereof in an amount not less than $200,000, with Executive to designate beneficiary thereunder.

Group Medical and Life Insurance Benefits. Bank shall provide for Executive, at Bank’s 's expense to the extent permitted by Bank policy, participation in a comprehensive major medical, dental, and optical plan, with accident benefits, equivalent to either (i) the maximum available from time to time under the California Bankers Association Group Insurance Program for an employee of Executive’s 's salary level; or (ii) the benefits under an insurance program adopted on a non—--discriminatory basis for the employees of the Bank generally. Life insurance benefits shall be provided to Executive, at Bank’s 's expense to the extent not prohibited by Bank policy during the term hereof in an amount not less than $200,000, with Executive to designate beneficiary thereunder.

Group Medical and Life Insurance Benefits. Bank shall provide for Executive, at Bank’s 's expense to the extent permitted by Bank policy, participation in a comprehensive major medical, dental, and optical plan, with accident benefits, equivalent to either (i) the maximum available from time to time under the California Bankers Association Group Insurance Program for an employee of Executive’s 's salary level; or (ii) the benefits under an insurance program adopted on a non—-discriminatory basis for the employees of the Bank generally. Life insurance benefits shall be provided to Executive, at Bank’s 's expense to the extent not prohibited by Bank policy during the term hereof in an amount not less than $200,000, with Executive to designate beneficiary thereunder.