Medical and Disability Coverage. Executive shall have the right to all medical coverage and long term disability coverage on the same terms and conditions as provided to other employees of Employer holding management positions. It is agreed and understood that Employer shall obtain reasonable medical, dental, and liability insurance for the benefit of Executive and other members of management as soon hereafter as is practical, and it shall use its best efforts to maintain such policies at all time during the employment term. In the event that any such policy is not maintained by Employer, Employer shall pay Executive an additional $500.00 per month to enable Executive to secure one or more of such policies on his own.
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Samples: Employment Agreement (American Water Star Inc), Employment Agreement (Integrated Environmental Technologies, Ltd.), Employment Agreement (Integrated Environmental Technologies, Ltd.)
Medical and Disability Coverage. Executive shall have the right to all medical coverage and long term disability coverage on the same terms and conditions as provided to other employees of Employer holding management positions. It is agreed and understood that Employer shall obtain reasonable medical, dental, disability, life, and liability insurance for the benefit of Executive and other members of management as soon hereafter as is practical, and it shall use its best efforts to maintain such policies at all time during the employment term. In the event that any such policy is not maintained by Employer, Employer shall pay Executive an additional $500.00 per month to enable Executive to secure one or more of such policies on his own.
Appears in 2 contracts
Samples: Employment Agreement (Afv Solutions, Inc.), Employment Agreement (Sustainable Development International Inc)
Medical and Disability Coverage. Executive shall have the right to all medical coverage and long term disability coverage on the same terms and conditions as provided to other employees of Employer holding management positions. It is agreed and understood that Employer shall obtain reasonable medical, dental, disability, life, and liability insurance for the benefit of Executive and other members of management as soon hereafter as is practical, and it shall use its best efforts to maintain such policies at all time during the employment term. In the event that any such policy is not maintained by Employer, Employer shall pay Executive an additional $500.00 1500.00 per month to enable Executive to secure one or more of such policies on his own...
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