Common use of Waiting Period and Benefits Clause in Contracts

Waiting Period and Benefits. The Plan shall provide a benefit equal to two-thirds of basic monthly earnings to a maximum of $3,500 per month for two (2) years. Basic monthly earnings shall be calculated as the employee's average monthly hours of work for the twelve

Waiting Period and Benefits. The Plan shall provide a benefit equal to two-thirds of basic monthly earnings to a maximum of $3,500 per month for two (2) years). Basic monthly earnings shall be calculated as the employee's average monthly hours of work for the twelve