Common use of Insurance, Disability Clause in Contracts

Insurance, Disability. The City shall pay the annual premiums for a disability income policy for the Manager on a policy that is mutually agreeable to the City and the Manager, provided that the City's annual premium expense shall not exceed Dollars ($ ). The proceeds of such policy shall be payable to the Manager or the Manager’s designated beneficiary in the event the Manager becomes disabled or incapacitated during the term of this Agreement.

Appears in 2 contracts

Samples: City Manager Agreement, City Manager Agreement

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Insurance, Disability. The City shall pay the annual premiums for a disability income policy for the Manager on a policy that is mutually agreeable to the City and the Manager, provided that the City's annual premium expense shall not exceed Dollars ($ ). The proceeds of such policy which shall be payable to the Manager or the Manager’s designated beneficiary in the event the Manager becomes disabled or incapacitated during the term of this Agreement.

Appears in 1 contract

Samples: City Manager Agreement

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Insurance, Disability. The City shall pay the annual premiums for a disability income policy for the Manager on a Manager, which policy that is mutually agreeable to the City and shall provide disability income of percent ( %) of the Manager, provided that the City's ’s then current annual premium expense shall not exceed Dollars ($ ). The proceeds of such policy shall be payable salary to the Manager or the Manager’s designated beneficiary in the event the Manager becomes disabled or incapacitated during the term of this Agreement.

Appears in 1 contract

Samples: City Manager Agreement

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