Common use of Additional Payments After Termination Clause in Contracts

Additional Payments After Termination. In the event that Executive's employment is terminated pursuant to paragraphs 7(b), (c) or (d) above, then Employers shall pay Executive an additional amount equal to Executive's cost of COBRA health continuation coverage for Executive and his eligible dependants for the period during which Executive and his eligible dependants are entitled to receive COBRA continuation coverage from Employers under the applicable laws, rules and regulations governing COBRA.

Additional Payments After Termination. In the event that Executive's employment is terminated pursuant to paragraphs 7(b), (c) or (dc) above, then Employers the Bank shall pay Executive an additional amount equal to Executive's cost of COBRA health continuation coverage for Executive and his eligible dependants for the period during which Executive and his eligible dependants are entitled to receive COBRA continuation coverage from Employers the Bank under the applicable laws, rules and regulations governing COBRA.

Additional Payments After Termination. In the event that Executive's employment is terminated pursuant to paragraphs 7(b), (c) or (d) above, then Employers Employer shall pay Executive an additional amount equal to Executive's cost of COBRA health continuation coverage for Executive and his eligible dependants for the period during which Executive and his eligible dependants are entitled to receive COBRA continuation coverage from Employers Employer under the applicable laws, rules and regulations governing COBRA.

Additional Payments After Termination. In the event that Executive's employment is terminated pursuant to paragraphs 7(b), (c) or (d) above, then Employers Employer shall pay Executive an additional amount equal to Executive's cost of COBRA health continuation coverage for Executive and his her eligible dependants for the period during which Executive and his her eligible dependants are entitled to receive COBRA continuation coverage from Employers Employer under the applicable laws, rules and regulations governing COBRA.