Common use of Medical Insurance and Other Benefits Clause in Contracts

Medical Insurance and Other Benefits. Executive shall be entitled to receive full health, dental, vision, and disability insurance, as well as any other benefits customarily offered to other senior executive officers of the Company, all upon terms no less favorable to Executive, with all premiums and costs to be paid by the Company. The Company shall also provide to Executive, at Company's expense, life insurance coverage at standard premium rates having a death benefit payable to a beneficiary selected by the Executive equal to $1,000,000 and disability insurance at standard premium rates which provides salary replacement benefits, not to exceed $250,000 in the aggregate, in the event Executive becomes incapacitated. Executive shall be required to undergo a yearly physical examination, at Company's expense, with a physician of Executive's choosing, and upon Company's request, deliver a copy of such physician's report from such examination.

Medical Insurance and Other Benefits. Executive shall be entitled to receive full health, dental, vision, and disability insurance, as well as any other benefits customarily offered to other senior executive officers of the Company, all upon terms no less favorable to Executive, with all premiums and costs to be paid by the Company. The Company shall also provide to Executive, at Company's ’s expense, life insurance coverage at standard premium rates having a death benefit payable to a beneficiary selected by the Executive equal to $1,000,000 and disability insurance at standard premium rates which provides salary replacement benefits, not to exceed $250,000 in the aggregate, in the event Executive becomes incapacitated. Executive shall be required to undergo a yearly physical examination, at Company's ’s expense, with a physician of Executive's ’s choosing, and upon Company's ’s request, deliver a copy of such physician's ’s report from such examination.