Payment of Disability Benefits. Disability benefit payments will be made monthly in arrears. Any payment for a period of less than one (1) month will be made at a daily rate of one-thirtieth (1/30) of your monthly benefit amount.
Payment of Disability Benefits. If the Executive suffers a ------------------------------ Disability (as defined herein) before the Executive attains the age of 65 and while the Executive is an active employee of the Employer, the Employer shall pay the Executive a supplemental disability income, commencing on the first day after the Executive has suffered such Disability for a period of thirty (30) consecutive days and continuing to the earlier of that month in which the Executive attains the age of sixty-five (65) years, the date of the Executive's death or that date on which the Executive no longer meets the criteria for Disability as described herein. The amount of such disability benefit shall be equal to (a) 60% of the Executive's compensation, less (b) the total benefits payable to the Executive under any group disability plan or plans which the Employer may have in effect at the time of the payment of the benefit and, less (c) social security disability payments received. For purposes of this Paragraph, "compensation" shall mean the Executive's base salary in effect on the date the Executive's disability payments are to commence plus any bonuses or annual incentive cash compensation earned by the Executive for the calendar year immediately preceding the date the Executive's disability payments are to commence.
Payment of Disability Benefits. Weekly Income - Payment of Disability Benefits Disability benefit payments will be made weekly in arrears. Any payment for a period of less than one week will be made at a daily rate of one-seventh of your weekly benefit amount.
Payment of Disability Benefits. Disability benefit payments will be made monthly in arrears. Any payment for a period of less than one
Payment of Disability Benefits. As soon as administratively feasible after the Committee has credited and adjusted the Individual Accounts of the disabled Participant as provided in Section 8.1, the Trustee shall make payments to the disabled Participant pursuant to Article X. Subject to the mandatory distribution requirements of Section 6.4, the survivor annuity requirements of Section 6.5, if applicable, and the immediate cashout provisions of Sections 9.3(b) and 9.3(c), payments shall begin as soon as administratively feasible after the Participant terminates Service with the Employer. The Committee shall charge each payment to the disabled Participant's Individual Account, and payments shall continue until death (when Article VII shall control the disposition of the deceased Participant's Nonforfeitable Account Balance) or until the Participant's Nonforfeitable Account Balance is paid to the disabled Participant in full, whichever event shall occur first. * * * * * * *
