Common use of Additional Termination Benefits Clause in Contracts

Additional Termination Benefits. If the Employment Period is terminated by Employer without cause pursuant to Section 5.1, or by Executive for good reason pursuant to Section 5.3, then during the Relevant Period or the CIC Relevant Period, which ever is applicable, Executive shall be entitled to continue medical insurance coverage for himself, spouse and dependents on the same basis as he had prior to the termination of the Employment Period and, unless otherwise specifically provided in Exhibit 4.2, to the benefits provided for in Section 4.2 and Exhibit 4.2. In addition, if at the time the Employment Period is terminated, Employee has the use of an Employer automobile, he shall have the right at the end of the Relevant Period or the CIC Relevant Period, which ever is applicable, to purchase the automobile from Employer or buy-out any remaining lease to which the automobile is subject.