Common use of Insurance; Other Benefits Clause in Contracts

Insurance; Other Benefits. Accident, disability, life and health insurance for the Employee shall be provided by the Employer under group accident, life and health insurance plans maintained by the Employer for its full-time, salaried employees as such employment benefits may be modified from time to time by the Board for all full-time, salaried employees. In addition, the Employer shall either continue the Employee's current individual disability insurance policy or arrange for coverage under an alternative disability insurance policy which is no less favorable. The amount and extent of such coverage shall be subject to the discretion of the Board; provided, that the amount and extent of such coverage shall be no less favorable than such coverage provided by the Employer to the Employee immediately prior to the date hereof.

Appears in 6 contracts

Samples: Employment and Non Competition Agreement (Cdi Group Inc), Employment and Non Competition Agreement (Community Distributors Inc), Employment and Non Competition Agreement (Community Distributors Inc)

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Insurance; Other Benefits. Accident, disability, life and health insurance for the Employee shall be provided by the Employer under group accident, life and health insurance plans maintained by the Employer for its full-time, salaried employees as such employment benefits may be modified from time to time by the Board for all full-time, salaried employees. In addition, the Employer shall either continue the Employee's current individual disability insurance policy or arrange for coverage under an alternative disability insurance policy which is no less favorable. The amount and extent of such coverage shall be subject to the discretion of the Board; , provided, that the amount and extent of such coverage shall be no less favorable than such coverage provided by the Employer to the Employee immediately prior to the date hereof.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement Frank Marfino (Cdi Group Inc), Employment and Non Competition Agreement Frank Marfino (Community Distributors Inc)

Insurance; Other Benefits. Accident, disability, life and health insurance for the Employee shall be provided by the Employer under group accident, life and health insurance plans maintained by the Employer for its full-time, salaried employees as such employment benefits may be modified from time to time by the Board for all full-time, salaried employees. In addition, the Employer shall either continue the Employee's current individual disability insurance policy or arrange for coverage under an alternative disability insurance policy which is no less favorable. The amount and extent of such coverage shall be subject to the discretion of the Board; provided, provided that the amount and extent of such coverage shall be no less favorable than such coverage provided by the Employer to the Employee immediately prior to the date hereof.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (Cdi Group Inc), Employment and Non Competition Agreement (Community Distributors Inc)

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Insurance; Other Benefits. Accident, disability, life and health insurance for the Employee shall be provided by the Employer under group accident, life and health insurance plans maintained by the Employer for its full-time, salaried employees as such employment benefits may be modified from time to time by the Board for all full-time, salaried employees. In addition, the Employer shall either continue the Employee's current individual disability insurance policy or arrange for coverage under an alternative disability insurance policy which is no less favorable. The amount and extent of such coverage shall be subject to the discretion of the Board; providedPROVIDED, that THAT the amount and extent of such coverage shall be no less favorable than such coverage provided by the Employer to the Employee immediately prior to the date hereof.

Appears in 1 contract

Samples: Employment and Non Competition Agreement (Cdi Group Inc)

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