Common use of Premium Continuation Clause in Contracts

Premium Continuation. The Trustee shall pay any premiums which become due on contracts purchased on the life of a Participant who has left the employ of the Employer for reasons other than retirement, death or disability until it can be determined that such Participant has incurred a Service Break or it has been decided to distribute to the terminated Participant his benefit.

Appears in 10 contracts

Samples: Adoption Agreement (Dreyfus Growth Opportunity Fund Inc), Adoption Agreement (Dreyfus Worldwide Dollar Money Market Fund Inc), Adoption Agreement (Dreyfus Global Bond Fund Inc)

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