Supplemental Long Term Disability Insurance. The Company will provide the Executive with a long-term disability policy to supplement the group coverage provided to all employees of the Company. The group coverage provides a benefit equal to two-thirds of Base Salary with a maximum benefit of $6,000.00 per month. The supplemental long-term disability insurance will wrap the current group policy to provide an overall benefit to the Executive equal to two-thirds of Base Salary without a benefit cap. The cost of this benefit to be paid by the Company.
Supplemental Long Term Disability Insurance. Regular Nurses and eligible Relief Nurses as specified in Section 14 are eligible to purchase, through payroll deduction, Supplemental Long Term Disability Insurance within 31 days of hire or within 31 days of becoming eligible. The plan increases the percentage of pay replaced described in Section 8.4 above up to sixty six and two thirds percent (66-2/3%), as described under the terms of the plan. If the Nurse wishes to enroll after the thirty-one (31) day period, a statement of Physical Condition Form is required and must be approved by the insurance company. If approved, coverage begins on the date determined by the insurance company and appropriate payroll deductions will be made.
Supplemental Long Term Disability Insurance. If applicable, the cost of the Executive’s Supplemental Long Term Disability insurance will continue to be paid by the Corporation through the last day of the Severance Period, provided the Executive remains enrolled in the underlying basic long term disability coverage with the Standard Insurance Company of Oregon or any successor carrier appointed by the Company or has other coverage with an equivalent benefit. If the Executive obtains other disability coverage during the Severance Period and/or no longer participates in the Corporation’s basic long term disability program, the Executive must advise the Corporation of the amount of coverage the Executive has with the new carrier for purposes of adjusting the coverage provided under the Supplemental Long Term Disability insurance.
Supplemental Long Term Disability Insurance. The Company will provide the Employee with a long-term disability policy to supplement the group coverage provided to all employees of the Company. The group coverage provides a benefit equal to two-thirds of Base Salary with a maximum benefit of $10,000.00 per month. The supplemental long-term disability insurance will wrap the current group policy to provide an overall benefit to the Employee equal to two-thirds of Base Salary with a combined benefit cap of $16,667.50 per month. The cost of this benefit to be paid by the Company. Exhibit C Employment Agreement This Exhibit is intentionally blank
Supplemental Long Term Disability Insurance. Eligible employees may purchase supplemental long-term disability insurance in accordance with the applicable plan provisions.
Supplemental Long Term Disability Insurance. Premiums on the executive supplemental long-term disability insurance policy maintained by the Company for your benefit are paid monthly and will be paid through the coverage period ending January 31, 2006. If you wish to continue coverage under this policy after January 31, 2006, you will need to pay the premiums for subsequent periods in accordance with the terms of the policy.
Supplemental Long Term Disability Insurance. Company agrees to continue Employee’s eligibility to participate in the Company-sponsored supplemental long-term disability insurance program, as may be in effect from time to time, until Employee’s Last Day Worked and commencing on the later to occur of (i) the Last Day Worked or (ii) the Effective Date to continue to pay for Employee’s coverage in such program until the end of the Severance Period. At the end of the Severance Period, the Employee shall be entitled to keep such policy if Employee continues to pay the annual premiums.
Supplemental Long Term Disability Insurance. The cost of Employee's Supplemental Long-term Disability insurance will continue to be paid for by the Company through the last day of the Severance Period, provided Employee remains enrolled in the underlying basic long-term disability coverage with the Standard Insurance Company of Oregon, or its successor carrier, or has other coverage with an equivalent benefit. If Employee obtains other disability coverage during the Severance Period and/or no longer participates in the Company's basic long-term disability insurance plan, Employee must advise the Company of the amount of coverage Employee has with the new carrier for purposes of adjusting the coverage provided under the Supplemental Long-term Disability insurance.
Supplemental Long Term Disability Insurance. Full payment of the premiums for supplemental long-term disability insurance coverage for an amount to be determined and approved by an insurer approved, or to be approved, by Company in its sole discretion;
