Common use of Short Term Disability Policy Clause in Contracts

Short Term Disability Policy. In the absence of an insured short-term disability plan (in which case, the terms and conditions of such plan would govern and would replace and supersede this subsection I(b)), where the Corporation, in its sole discretion, determines that the Executive is unable to perform his or her duties as a result of disability, the Corporation shall provide the Executive with continuance of Basic Entitlements for a period not to exceed the elimination period prescribed by the Corporation’s long-term disability insurance plan, as amended from time to time. The Corporation reserves all rights with respect to the determination of the Executive’s eligibility for such continuance of Basic Entitlements, including with respect to the engagement of a third-party disability adjudicator to administrate and adjudicate such short-term disability claims by the Executive.