Common use of Life Insurance Coverage Clause in Contracts

Life Insurance Coverage. You will be entitled to Life Insurance Coverage through your continued participation in the Company's group term and executive life insurance plans following your Involuntary Termination, and the Company will pay the entire premium charged for such continued Life Insurance Coverage. Such Company-paid coverage will continue until the earlier of (i) the expiration of your Salary ------- Continuation Period or (ii) the first date on which you are provided with comparable coverage under another employer's life insurance plan. However, you will be responsible for the satisfaction of any income and employment tax liability attributable to your Company-paid Life Insurance Coverage. Your payments and benefits under Paragraphs 2, 3 and 4 of this Part Two will immediately terminate in the event you fail to abide by the restrictive covenants set forth in Part Three of this letter agreement. In addition, those payments and benefits will be subject to the dollar limitation of Part Four of this letter agreement in the event of your Involuntary Termination following a Change in Control.

Life Insurance Coverage. You will be entitled to Life Insurance Coverage through your continued participation in the Company's group term and executive life insurance plans following your Involuntary Termination, and the Company will pay the entire premium charged for such continued Life Insurance Coverage. Such Company-paid coverage will continue until the earlier of (i) the expiration of your Salary ------- Continuation Period or (ii) the first date on which you are provided with comparable coverage under another employer's life insurance plan. However, you will be responsible for the satisfaction of any income and employment tax liability attributable to your Company-paid Life Insurance Coverage. Your payments and benefits under Paragraphs 2, 3 and 4 of this Part Two will immediately terminate in the event you fail to abide by the restrictive covenants set forth in Part Three of this letter agreement. In addition, those payments and benefits will be subject to the dollar limitation of Part Four of this letter agreement in the event of your Involuntary Termination following a Change in Control.