Common use of Short-Term Salary Indemnity Clause in Contracts

Short-Term Salary Indemnity. All eligible employees shall participate in the Salary Indemnity Plan. Salary Indemnity coverage is provided in accordance with the terms of the contract with the insuring company on the following general basis: Amount of Benefit: seventy percent (70%) of salary to a maximum of seven hundred dollars ($700) per week.

Short-Term Salary Indemnity. ‌ All eligible employees shall participate in the Salary Indemnity Plan. Salary Indemnity coverage is provided in accordance with the terms of the contract with the insuring company on the following general basis: Amount of Benefit: seventy percent (70%) of salary to a maximum of seven hundred dollars ($700) per week.