Common use of Benefits Termination Clause in Contracts

Benefits Termination. Except for any right you may have under the federal law known as “COBRA” or other applicable law to continue participation in the Company’s group health and dental plans at your cost, your participation in all employee benefit plans shall terminate in accordance with the terms of the applicable benefit plans based on the date of termination of your employment, without regard to any continuation of base salary or other payment to you following termination and you shall not be eligible to earn vacation or other paid time off following the termination of your employment.

Appears in 5 contracts

Samples: Employment Agreement (Signify Health, Inc.), Employment Agreement (Signify Health, Inc.), Employment Agreement (Surgery Partners, Inc.)

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Benefits Termination. Except for any right you may have under the federal law known as “COBRA” or other applicable law to continue continued participation in the Company’s group health and dental plans at your cost, your participation in all employee benefit plans shall terminate in accordance with the terms of the applicable benefit plans based on the date of termination of your employment, without regard to any continuation payment of base salary the Severance Payments or any other payment to you following termination and you shall not be eligible to earn vacation or other paid time off following the termination of your employment.

Appears in 3 contracts

Samples: Employment Agreement (Planet Fitness, Inc.), Employment Agreement (Planet Fitness, Inc.), Employment Agreement (Planet Fitness, Inc.)

Benefits Termination. Except for any right you may have under the federal law known as “COBRA” or other applicable law to continue continued participation in the Company’s group health and dental plans at your cost, your participation in all employee benefit plans shall terminate in accordance with the terms of the applicable benefit plans based on the date of termination of your employment, without regard to any continuation of base salary or other payment to you following termination and you shall not be eligible to earn vacation or other paid time off following the termination of your employment.

Appears in 2 contracts

Samples: Employment Agreement (Planet Fitness, Inc.), Employment Agreement (Planet Fitness, Inc.)

Benefits Termination. Except for any right you may have under the federal law known as “COBRA” or other applicable law COBRA to continue participation in the Company’s group health and dental plans at your cost, your participation in all employee benefit plans shall terminate in accordance with the terms of the applicable benefit plans based on the date of termination of your employment, without regard to any continuation payment of base salary Severance Payments or other payment to you following termination and you shall not be eligible to earn vacation or other paid time off following the termination of your employment.

Appears in 2 contracts

Samples: Employment Agreement (Planet Fitness, Inc.), Employment Agreement (Planet Fitness, Inc.)

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Benefits Termination. Except for any right you may have under the federal law known as “COBRA” or other applicable law to continue participation in the Company’s group health and dental plans at your cost, your participation in all employee benefit plans shall terminate in accordance with the terms of the applicable benefit plans based on the date of termination of your employment, without regard to any continuation payment of base salary Severance Payments or other payment to you following termination and you shall not be eligible to earn vacation or other paid time off following the termination of your employment.

Appears in 2 contracts

Samples: Employment Agreement (Planet Fitness, Inc.), Employment Agreement (Planet Fitness, Inc.)

Benefits Termination. Except Subject to Section 5(b) hereof, except for any right you may have under the federal law known as “COBRA” COBRA or other applicable law to continue participation in the Company’s 's group health and dental plans at your cost, your participation in all employee benefit plans shall terminate in accordance with the terms of the applicable benefit plans based on the date of termination of your employment, without regard to any continuation of base salary or other payment to you following termination and you shall not be eligible to earn vacation or other paid time off following the termination of your employment.

Appears in 1 contract

Samples: Employment Agreement (Healing Co Inc.)

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