Insured Mental Disability Sample Clauses

Insured Mental Disability. When a Team agrees to insure, in whole or in part, the Cash Compensation provided for by a Uniform Player Contract in the event such Contract is terminated by the Team, pursuant to paragraph 16(a)(iii) thereof, by reason of the player’s insured mental disability, such agreement shall mean that, subject to any conditions or limitations set forth in Exhibit 2 and/or Exhibit 3 to the Uniform Player Contract (in addition to the conditions and limitations set forth in this Section 4(h)), the Team has procured (or will procure forthwith) an insurance policy (specifi-cally designated in Exhibit 2 to such Contract) for the benefit of the player or his estate or beneficiary that, subject to the conditions and limitations contained in the policy, would pay a benefit in the event of the player’s mental disability in an amount equal to or less than the Cash Compensation remaining to be paid to the player under Exhibit 1 of his Player Contract at the time of his termination; provided, however, that (i) such mental disability does not result from the player’s participation in activities prohibited by paragraph 12 of the Uniform Player Contract (as such paragraph may be modified by Exhibit 4 to the Player Contract), attempted suicide or the use of any controlled substance; and (ii) at the time of the player’s termination, the player is not in material breach of such Contract.