Common use of Benefits Cessation Clause in Contracts

Benefits Cessation. As of the Separation Date, any entitlement you have or might have under a Company-provided benefit plan, program or practice shall terminate, except as required by law or under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”).

Appears in 3 contracts

Samples: Separation Agreement (Akebia Therapeutics, Inc.), Separation Agreement (Akebia Therapeutics, Inc.), Separation Agreement (Akebia Therapeutics, Inc.)

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Benefits Cessation. As of the Separation Date, any entitlement you have or might have under a Company-provided benefit plan, program or practice shall terminate, except as required by law or under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), or as otherwise provided herein or in the ESA.

Appears in 1 contract

Samples: Separation Agreement (Akebia Therapeutics, Inc.)

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Benefits Cessation. As of the Separation Date, any entitlement you have or might have under a Company-provided benefit plan, program or practice shall terminate, except as required by law law, as otherwise described below, or unless such benefits already have terminated in accordance with the applicable plan terms and conditions. You will receive under separate cover benefit continuation information pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), as amended.

Appears in 1 contract

Samples: Severance Agreement (Starry Group Holdings, Inc.)

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