Life Insurance and Disability Insurance. During the Term, the Company and the Employer shall use its reasonable best efforts to provide the Executive with (i) life insurance coverage in an amount of $5 million and (ii) disability insurance coverage in an amount of at least 60 percent the sum of the Executive’s Base Salary and target incentive compensation, in effect from time to time.
Appears in 4 contracts
Samples: Employment Agreement (Paramount Group, Inc.), Employment Agreement (Paramount Group, Inc.), Employment Agreement (Paramount Group, Inc.)
