Life Insurance Programs Sample Clauses

Life Insurance Programs. 29 (a) AT&T Senior Management Universal Life Insurance Program....................................... 29 (b) AT&T Executive Basic Life Insurance Program............. 30 (c) AT&T Estate Enhancement Program......................... 30 (d) AT&T Supplemental Variable Universal Life Insurance Program....................................... 30 5.11
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Life Insurance Programs. (a) AT&T SENIOR MANAGEMENT UNIVERSAL LIFE INSURANCE PROGRAM. The life insurance amount under the SMULIP shall be frozen (the "frozen SMULIP coverage") as of the Close of the Disposition Date for any Transferred Individual who is a SMULIP participant as of the Close of the Disposition Date and who either (i) is then eligible to participate in the Retirement-Related Benefit Plans; or (ii) may be eligible to participate in the Retirement-Related Benefit Plans pursuant to the provisions of Section 4.6. AT&T shall allow such Transferred Individual to continue to participate in the SMULIP until the earlier of (1) the Transferred Individual's attainment of his or her "normal termination date" under the terms of the SMULIP as such terms exist on the date of this Agreement; or (2) the Transferred Individual's termination of employment from Wireless Services and all Wireless Services Entities before becoming eligible to participate in the Retirement-Related Benefit Plans pursuant to the provisions of Section 4.6. During the Transferred Individual's participation in the SMULIP after the Disposition Date, AT&T shall pay the premiums determined to be due under the applicable life insurance policy (and any tax adjustment payments, determined in accordance with the terms of the SMULIP as they exist on the date of this Agreement) to provide the frozen SMULIP coverage amount. The participation of all other Transferred Individuals who participate in the SMULIP shall terminate as of the Close of the Disposition Date, and the life insurance policy covering the life of such Transferred Individuals under the SMULIP may be allowed to lapse, surrendered for its cash surrender value, or continued with premium payments being made from the Transferred Individual's (or his or her assignee's) personal assets.
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Life Insurance Programs. (a) COMPANY PAID LIFE INSURANCE COVERAGE. Transferred Employees as of the Transition Date shall be eligible for coverage through the Ford-UAW Group Life Insurance Program effective as of the Insurance Conversion Date. Transferred Employees shall be required to execute a new beneficiary designation form, as required by Ford's plan administrator. In the event of a death prior to receipt of a new beneficiary designation form, Ford shall use the last beneficiary form of record under the Visteon-UAW Group Life Insurance Program. Visteon shall continue coverage for Transferred Employees under the Visteon-UAW Group Life Insurance Program until the Insurance Conversion Date.
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Life Insurance Programs. On the Distribution Date, Ralcorp shall relinquish all rights under any Split Dollar Second-To-Die Life Insurance policies currently insuring the lives of any New Ralcorp Employee and his or her spouse, including but not limited to rights to any portion of the cash value or death benefits under such policies, created in accordance with the terms of the Split Dollar Agreement and Collateral Assignment between Ralcorp and such employee regarding such policies, and will take all reasonable steps necessary to assign such rights to New Ralcorp. Prior to the Distribution Date, Ralcorp shall perform any and all obligations required of it under the terms of such Split Dollar Agreement and Collateral Assignment with respect to such policies. 8.7
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Life Insurance Programs 
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Related to Life Insurance Programs

  • Insurance Programs 1. The District agrees to provide a program of life, medical and dental insurance benefits for teachers. The District shall offer each employee a choice between the following two (2) programs of medical and health care:

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Insurance Program An eligible employee may waive rights to participate in either single or family coverage. If an employee waives this benefit, such employee may not revoke the waiver until the next open enrollment period and may be accepted only after medical review by the insurance provider.

  • Key Man Life Insurance The Company may apply for and obtain and maintain a key man life insurance policy in the name of Executive together with other executives of the Company in an amount deemed sufficient by the Board, the beneficiary of which shall be the Company. Executive shall submit to physical examinations and answer reasonable questions in connection with the application and, if obtained, the maintenance of, as may be required, such insurance policy.

  • Group Life Insurance Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

  • Insurance Plans The Executive is eligible to participate in the life, health, dental, short and long-term disability plans made available to the employees of the Company pursuant to the terms and conditions of such plans.

  • Insurance Plan 19.01 The Employer agrees to contribute the indicated percentage of the premium cost of the following group plans for full-time employees (and their families where applicable) who have completed their probationary period.

  • Life Insurance Benefits A. During the life of this Agreement, the basic life insurance benefit made available to Faculty members shall be calculated as 3 times base annual earnings, rounded to the next highest $1,000, but not more than $225,000. A separate additional benefit up to the amount of the life insurance will be paid for accidental death and dismemberment, or loss of sight. The amount of Life and Accidental Death and Dismemberment/Loss of Sight benefits will be reduced to 65% at age 65, and further reduced (from the original insurance amount) as follows: to 50% at age 70, and 35% at age 75. Basic life insurance and AD&D benefits will be provided with no employee contributions.

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

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