Common use of Life Insurance Plans Clause in Contracts

Life Insurance Plans. The University shall pay one hundred percent (100%) of the premiums to the appropriate University basic life insurance plan on behalf of participating employees, and participating employees shall pay one hundred percent (100%) of the premiums to the optional life and optional accidental death and dismemberment (AD&D) plans. Premiums shall be paid at the rates of the respective plans for eligible employees, as defined by conditions stated in each plan.

Appears in 4 contracts

Samples: The Agreement, The Agreement, Letter of Agreement

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Life Insurance Plans. β€Œ The University shall pay one hundred percent (100%) of the premiums to the appropriate University basic life insurance plan on behalf of participating employees, and participating employees shall pay one hundred percent (100%) of the premiums to the optional life and optional accidental death and dismemberment (AD&D) plans. Premiums shall be paid at the rates of the respective plans for eligible employees, as defined by conditions stated in each plan.

Appears in 3 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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