Benefits Upon Termination. All benefits provided under Section 2(b) shall be extended, at Executive’s election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees), to the extent permitted by the Company’s insurance policies and benefit plans, for one year after Executive’s Termination Date, except (i) as required by law (e.g., COBRA health insurance continuation election) or (ii) in the event of a termination described in Section 5(a).
Appears in 4 contracts
Samples: Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc)
Benefits Upon Termination. All health and welfare benefits provided under Section 2(b) shall be extended, at Executive’s timely and proper election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees), to the extent permitted by the Company’s insurance policies and benefit plans, for one year twelve (12) months after Executive’s Termination Date, except (i) as required by law (e.g., COBRA health insurance continuation election) or (ii) in the event of a termination described in Section 5(a) or 5(f).
Appears in 3 contracts
Samples: Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc)
Benefits Upon Termination. All benefits provided under Section paragraph 2(b) hereof shall be extended, at Executive’s 's election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)Company's cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for a period following the Termination Date equal to one (1) year after Executive’s Termination Dateor, if greater, throughout the period during which Executive is paid severance hereunder, except (ia) as required by law (e.g., COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(apursuant to paragraph 6(a).
Appears in 3 contracts
Samples: Employment Agreement (Autocam International LTD), Employment Agreement (Autocam International LTD), Employment Agreement (Autocam International LTD)
Benefits Upon Termination. All benefits provided under Section 2(b) shall be extended, at Executive’s election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees), to the extent permitted by the Company’s insurance policies and benefit plans, for one year after Executive’s Termination Date, except (ia) as required by law (e.g., COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(a6(a).
Appears in 3 contracts
Samples: Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc)
Benefits Upon Termination. All health and welfare benefits provided under Section 2(b) shall be extended, at Executive’s timely and proper election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees), to the extent permitted by the Company’s insurance policies and benefit plans, for one year eighteen (18) months after Executive’s Termination Date, except (i) as required by law (e.g., COBRA health insurance continuation election) or (ii) in the event of a termination described in Section 5(a) or 5(f).
Appears in 2 contracts
Samples: Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc)
Benefits Upon Termination. All benefits provided under Section 2(b) hereof shall be extended, extended at the Executive’s election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)cost, to the extent permitted by the Company’s insurance policies and benefit plans, for one year six months after Executive’s Termination Date, except (i) as required by law (e.g., e.g. COBRA health insurance continuation election) or (ii) in the event of a termination described in by the Company pursuant to Section 5(a4(a).
Appears in 2 contracts
Samples: Employment Agreement (Salem Media Group, Inc. /De/), Employment Agreement (Salem Media Group, Inc. /De/)
Benefits Upon Termination. All benefits provided under Section 2(b) hereof shall be extended, extended at the Executive’s election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)'s cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for one year six months after Executive’s 's Termination Date, except (ia) as required by law (e.g., e.g. COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(a4(a).
Appears in 2 contracts
Samples: Employment Agreement (Salem Communications Corp /De/), Employment Agreement (Salem Communications Corp /De/)
Benefits Upon Termination. All benefits provided under Section 2(b) shall be extended, at Executive’s election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees), to the extent permitted by the Company’s insurance policies and benefit plans, for one year after Executive’s Termination Date, except (ia) as required by law (e.g., COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(a).
Appears in 2 contracts
Samples: Employment Agreement (Douglas Dynamics, Inc), Employment Agreement (Douglas Dynamics, Inc)
Benefits Upon Termination. All benefits provided under Section Sections 2(b) and 2(d) hereof shall be extended, at Executive’s the Company's election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for one year after Executive’s 's Termination Date, except (ia) as required by law (e.g., COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(a).
Appears in 2 contracts
Samples: Employment Agreement (Aftermarket Technology Corp), Employment Agreement (Aftermarket Technology Corp)
Benefits Upon Termination. All benefits (other than fringe benefits) provided under Section 2(b) shall hereof will be extended, at Executive’s 's election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for one year after Executive’s 's Termination Date, except (ia) as otherwise required by law (e.g., COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(a).
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Benefits Upon Termination. All benefits provided under Section 2(b) hereof shall be extended, at Executive’s election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)cost, to the extent permitted by the Company’s insurance policies and benefit plans, for one year eighteen (18) months after Executive’s Termination Date, except (i) as required by law (e.g., COBRA health insurance continuation election) or (ii) in the event of a termination described in Section 5(a6(a).
Appears in 1 contract
Samples: Employment Agreement (CalAmp Corp.)
Benefits Upon Termination. All benefits provided under Section 2(b) 2 hereof shall be extended, at Executive’s 's election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for one year after Executive’s 's Termination Date, except (ia) as required by law (e.g., COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(a4(a).
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Benefits Upon Termination. All benefits provided under Section paragraph 2(b) hereof (other than the umbrella liability insurance coverage) shall be extended, at Executive’s 's election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)Company's cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for one year after Executive’s a period following the Termination DateDate during which Executive is paid severance hereunder, except (ia) as required by law (e.g., COBRA health insurance continuation election) or (iib) in the event of a termination described in Section 5(apursuant to paragraph 6(a).
Appears in 1 contract
Samples: Jon Degaynor Employment Agreement (Autocam Corp/Mi)
Benefits Upon Termination. All benefits provided under Section 2(b) shall be extended, at Executive’s the Company's election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for one year after Executive’s 's Termination Date, except (i) as required by law (e.g., COBRA health insurance continuation election) or (ii) in the event of a termination described in Section 5(a).
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Benefits Upon Termination. All benefits provided under Section paragraph 2(b) and 2(e) hereof shall be extended, at Executive’s 's election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)Company's cost, to the extent permitted by the Company’s 's insurance policies and benefit plans, for one year after Executive’s 's Termination Date, except (i) as required by law (e.g., COBRA health insurance continuation election) or ), (ii) in the event of a termination described in Section paragraphs 5(a)) or (iii) to the extent that comparable benefits are provided to Executive under any other arrangement with the Company or its affiliates.
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Benefits Upon Termination. All benefits provided under Section 2(b) hereof shall be extended, at Executive’s election and cost (such cost to Executive to be in the same amount as the cost for providing such benefits to existing employees)cost, to the extent permitted by the Company’s insurance policies and benefit plans, for one year twelve (12) months after Executive’s 's Termination Date, except (i) as required by law (e.g., COBRA health insurance continuation election) or (ii) in the event of a termination described in Section 5(a6(a).
Appears in 1 contract
Samples: Employment Agreement (CalAmp Corp.)