Period of Disability definition
Examples of Period of Disability in a sentence
No other benefits will be owed to the Executive under this Agreement during the Period of Disability.
If the Executive is under a Period of Disability on the date the Executive reaches Normal Retirement Age, this agreement shall automatically terminate and the Executive shall not be entitled to any further benefits under this Agreement.
If the Period of Disability ends prior to Normal Retirement Age and the Executive returns to active employment with the Bank, the Bank will pay the Executive a reduced retirement benefit amount.
No such amendment will affect the benefits payable in respect of a Period of Disability which commenced prior to the expiry of the 31 days of notice.
The maximum period payable under this Plan is one-hundred and eighty (180) days of Disability for any one Period of Disability.