Common use of Term Disability Clause in Contracts

Term Disability. The Employer agrees to pay percent of the present monthly billed premium rate for a long term disability plan for each full time employee in the active employ of the Employer, eligible for coverage subject to the terms and conditions of the plan. Effective January the maximum coverage period shall be up to twenty-four (24) months The Employer agrees to pay percent of the present monthly billed premium of a vision care plan providing (Sixty Dollars) every four (24) months for each full time employee in employ of the Employer, eligible for coverage, subject to the terms and conditions of the plan.