Common use of Insurance and Welfare Benefit Plans Clause in Contracts

Insurance and Welfare Benefit Plans. Corporation shall cover Employee under its group dental, medical and hospitalization plans, shall provide Employee term life insurance coverage, and will cover Employee under other insurance and employee welfare benefit plans maintained for its officers generally. Corporation shall also use its best efforts to evaluate and provide disability insurance coverage and life insurance coverage which are payable to the beneficiary of employee's choice.

Insurance and Welfare Benefit Plans. Corporation shall cover Employee under its group dental, medical and hospitalization plansplan, shall provide Employee term life insurance coverage, and will cover Employee under other insurance and employee welfare benefit plans maintained for its officers generally. Corporation shall also use its best efforts to evaluate and provide disability insurance coverage and life insurance coverage which are payable to the beneficiary of employee's choice.