Common use of Weekly Disability Income and Long Term Disability Clause in Contracts

Weekly Disability Income and Long Term Disability. All active regular employee and active non-regular employee who is employed on a continuing basis for at least a four (4) month period with fifty percent (50%) or more of a full-time workload shall participate in the plan. • An active employee shall become eligible for Weekly Disability Income coverage and Long Term Disability coverage on the first day of the month coincident with or next following the date of employment with NVIT. Enrolment is mandatory. • Weekly Disability Income (70% benefit level following a 30 calendar day sick leave period for a 21 week benefit period) and Long Term Disability benefits (70% benefit level) will be taxable. Use of Sick Leave Bank NVIT employees accrued sick leave up until March 31, 2002 and that leave was “banked”. In the event of disability, an employee with banked sick leave has the option to utilize that leave following the 30-day sick leave period instead of applying for weekly disability income benefits (at a 70% benefit level) subject to adjudication by the benefits carrier. The sick leave bank will be reduced by one full day of replacement for each full day of weekly disability income benefits beyond the 30-day sick leave period. Banked sick leave may be used only to replace weekly disability income benefits and not to replace long term disability benefits.

Weekly Disability Income and Long Term Disability. All active regular employee and active non-regular employee who is are employed on a continuing basis for at least a four (4) month period with fifty percent (50%) or more of a full-time workload shall participate in the plan. • An active employee shall become eligible for Weekly Disability Income coverage and Long Term Disability coverage on the first day of the month coincident with or next following the date of employment with NVIT. Enrolment is mandatory. • Weekly Disability Income (70% benefit level following a 30 calendar day sick leave period for a 21 week benefit period) and Long Term Disability benefits (70% benefit level) will be taxable. Use of Sick Leave Bank NVIT employees accrued sick leave up until March 31, 2002 and that leave was “banked”. In the event of disability, an employee with banked sick leave has the option to utilize that leave following the 30-day sick leave period instead of applying for weekly disability income benefits (at a 70% benefit level) subject to adjudication by the benefits carrier. The sick leave bank will be reduced by one full day of replacement for each full day of weekly disability income benefits beyond the 30-day sick leave period. Banked sick leave may be used only to replace weekly disability income benefits and not to replace long term disability benefits.

Weekly Disability Income and Long Term Disability.  All active regular employee and active non-regular employee who is are employed on a continuing basis for at least a four (4) month period with fifty percent (50%) or more of a full-time workload shall participate in the plan. •  An active employee shall become eligible for Weekly Disability Income coverage and Long Term Disability coverage on the first day of the month coincident with or next following the date of employment with NVIT. Enrolment is mandatory. •  Weekly Disability Income (70% benefit level following a 30 calendar day sick leave period for a 21 week benefit period) and Long Term Disability benefits (70% benefit level) will be taxable. Use of Sick Leave Bank NVIT employees accrued sick leave up until March 31, 2002 and that leave was “banked”. In the event of disability, an employee with banked sick leave has the option to utilize that leave following the 30-day sick leave period instead of applying for weekly disability income benefits (at a 70% benefit level) subject to adjudication by the benefits carrier. The sick leave bank will be reduced by one full day of replacement for each full day of weekly disability income benefits beyond the 30-day sick leave period. Banked sick leave may be used only to replace weekly disability income benefits and not to replace long term disability benefits.