Common use of Life Assurance Clause in Contracts

Life Assurance. The Executive shall be entitled to participate during his employment in the Company's group life assurance scheme from time to time whereby the Executive's life is insured for the benefit of his estate for four times his salary referred to in clause 7.1(a).

Appears in 2 contracts

Samples: Activision Inc /Ny, Service Agreement (Activision Inc /Ny)

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Life Assurance. 10.3.1 The Executive shall be entitled to participate during his employment in the Company's group ’s life assurance scheme, at the Company’s expense, to pay the Executive’s dependents a sum equal to 4 times the Executive’s salary if the Executive dies during his employment. Full details of the Company’s life assurance scheme are available from time to time whereby the ExecutiveCompany's life is insured for the benefit of his estate for four times his salary referred to in clause 7.1(a)HR Department.

Appears in 1 contract

Samples: Agreement (Smurfit WestRock LTD)

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Life Assurance. The Executive shall be entitled to participate during his employment in the Company's group ’s life assurance scheme, at the Company’s expense, to pay the Executive’s dependents a sum equal to 4 times the Executive’s salary if the Executive dies during his employment. Full details of the Company’s life assurance scheme are available from time to time whereby the ExecutiveCompany's life is insured for the benefit of his estate for four times his salary referred to in clause 7.1(a)HR Department.

Appears in 1 contract

Samples: Smurfit WestRock LTD

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