Common use of Payment Method and Duration Clause in Contracts

Payment Method and Duration. The foregoing amount shall be used to calculate an annuity payable on a monthly basis for a period of one hundred eighty (180) months, and by applying the Accrued Liability Balance Interest Rate. The Executive Benefit amount determined above in Paragraph 6.1 shall be paid in substantially equal monthly payments, with payments commencing on the first (1st) day of the fourth (4th) month following Executive’s Disability and shall continue for a period of one hundred eighty (180) months.

Payment Method and Duration. The foregoing amount shall be used to calculate an annuity payable on a monthly basis for a period of one hundred eighty (180) months, and by applying the Accrued Liability Balance Interest Rate. The Executive Benefit amount determined above in Paragraph 6.1 5.1 shall be paid in substantially equal monthly payments, with payments commencing on the first (1st) day of the fourth (4th) month following Executive’s Disability Separation from Service and shall continue for a period of one hundred eighty (180) months.

Payment Method and Duration. The foregoing amount shall be used to calculate an annuity payable on a monthly basis for a period of one hundred eighty (180) months, and by applying the Accrued Liability Balance Interest Rate. The Executive Benefit amount determined above in Paragraph 6.1 4.1 shall be paid in substantially equal monthly payments, with payments commencing on the first (1st) 1st day of the fourth (4th) month following Executive’s Disability Separation from Service and shall continue for a period of one hundred eighty (180) months.

Payment Method and Duration. The foregoing amount shall be used to calculate an annuity payable on a monthly basis for a period of one hundred eighty (( 180) months, and by applying the Accrued Liability Balance Interest Rate. The Executive Benefit amount determined above in Paragraph 6.1 5.1 shall be paid in substantially equal monthly payments, with payments commencing on the first (1st) day of the fourth (4th) month following Executive’s Disability Separation from Service and shall continue for a period of one hundred eighty (180) months.

Payment Method and Duration. The foregoing amount shall be used to calculate an annuity payable on a monthly basis for a period of one hundred eighty (( 180) months, and by applying the Accrued Liability Balance Interest Rate. The Executive Benefit amount determined above in Paragraph 6.1 5.1 shall be paid in substantially equal monthly payments, with payments commencing on the first (1st) day of the fourth (4th) month following Executive’s Disability Separation from Service and shall continue for a period of one hundred eighty (180) months.. ​

Payment Method and Duration. The foregoing amount shall be used to calculate an annuity payable on a monthly basis for a period of one hundred eighty (180) months, and by applying the Accrued Liability Balance Interest Rate. The Executive Benefit amount determined above in Paragraph 6.1 4.1 shall be paid in substantially equal monthly payments, with payments commencing on the first (1st) day of the fourth (4th) month following Executive’s Disability Separation from Service (subject to Paragraph 3.1 above) and shall continue for a period of one hundred eighty (180) months.

Payment Method and Duration. The foregoing amount shall be used to calculate an annuity payable on a monthly basis for a period of one hundred eighty (180) months, and by applying the Accrued Liability Balance Interest Rate. The Executive Benefit amount determined above in Paragraph 6.1 4.1 shall be paid in substantially equal monthly payments, with payments commencing on the first (1st) day of the fourth (4th) month following Executive’s Disability Separation from Service and shall continue for a period of one hundred eighty (180) months.