Common use of Life Insurance Benefit Clause in Contracts

Life Insurance Benefit. In addition to the group life insurance available to employees generally, Aeroflex shall provide Bxxxx with an individual permanent life insurance benefit in an initial amount of not less than approximately $1,000,000, the terms and conditions of such benefit to be more fully described in an insurance ownership agreement between Bxxxx and Aeroflex.

Life Insurance Benefit. In addition to the group life insurance available to employees generally, Aeroflex shall provide Bxxxx Borow with an individual permanent life insurance benefit in an initial xx xxitial amount of not less than approximately $1,000,000, the terms and conditions of such benefit to be more fully described in an insurance ownership agreement between Bxxxx Borow and Aeroflex.

Life Insurance Benefit. In addition to the group life insurance available to employees generally, Aeroflex shall provide Bxxxx Xxxxx with an individual permanent life insurance benefit in an initial amount of not less than approximately $1,000,000, the terms and conditions of such benefit to be more fully described in an insurance ownership agreement between Bxxxx Xxxxx and Aeroflex.

Life Insurance Benefit. In addition to the group life insurance available to employees generally, Aeroflex shall provide Bxxxx Blau with an individual permanent life insurance benefit in an initial amount of not less than approximately $1,000,000250,000, the terms and conditions of such benefit to be more fully described in an insurance ownership agreement between Bxxxx Blau and Aeroflex.