Basic and Supplemental Life Insurance. 30.3.1 For employees who are granted military leaves of absence, the Company will continue the amount of basic and supplemental life insurance in effect on the last day worked for a maximum period of thirty (30) days. During this period, employees on military leave of absence receiving supplemental life insurance coverage will be responsible for continued payment of the supplemental life insurance premium contributions on the same basis as an active employee. At the end of this thirty (30) days or at the termination of the military leave of absence (whichever is earlier), the basic and supplemental life insurance will terminate.
Basic and Supplemental Life Insurance. Continuation of Executive’s basic and supplemental life insurance coverage for eighteen (18) months on the same terms as if Executive were still employed, and Executive shall be required to pay no more for such coverage than Executive would have been required to pay had Executive continued in active employment with Company. Executive acknowledges and agrees that Executive shall not be entitled to the above-described severance payment or benefits in the event Company terminates Executive’s employment for Cause or in the event Executive resigns his employment without Good Reason or in the event of Executive’s death or Disability.
