COBRA and Other Benefits. Even if you do not sign this Agreement, the Company will pay You the compensation that you have earned through the date of your termination. The Company will also reimburse You for all business expenses incurred by you in connection with your employment prior to the Separation Date in accordance with the Company’s existing expense reimbursement policies and properly submitted to the Company by June 28, 2013. Reimbursement will be made no later than July 31, 2013. Similarly, you will be offered benefits to which you are entitled under the Consolidated Budget Reconciliation Act of 1985 (“COBRA”)
COBRA and Other Benefits. In accordance with federal and state COBRA regulations, if currently enrolled in Xxxxxxxx’x group medical coverage Employee will be offered the opportunity to continue that coverage at Employee’s own expense. In addition to the severance pay, if Employee chooses to elect COBRA, Xxxxxxxx will pay Employee’s COBRA premiums for twelve (12) months beginning June 2007 and ending May 2008 in exchange for Employee’s release of claims. After this twelve month period Employee will be responsible for the COBRA premiums if he continues this benefit. Additionally, Employee’s dental insurance, life insurance, disability benefits and Exec-u-care coverage will remain in effect for twelve (12) months through May 2008 and the Company will pay all premiums related to such benefits.
COBRA and Other Benefits. Following termination of your employment on March 29, 2005, you will be eligible for continued health care coverage pursuant to COBRA. Xxxxxxxx Xxxxx will pay COBRA premiums for the entire 18 month period during which you are eligible for COBRA benefits. All other benefits will terminate effective March 29, 2005.
COBRA and Other Benefits. For the term of his consulting under this Agreement, the Company shall pay directly, or reimburse Consultant for, (i) the cost for Consultant to maintain his health and welfare benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA"), (ii) the cost of tax and financial planning services equal to those provided to Consultant as an employee in 2004, (iii) a car allowance and expenses comparable to that provided to him in 2004, and
COBRA and Other Benefits. If Employee is participating in the Company’s Medical, Dental, Employee Assistance Program, and/or Healthcare Reimbursement Account, Employee can continue participating in these plans for a maximum of thirty (30) calendar days from the Separation Date at the “active” employee rate for Employee and his eligible dependents (where applicable). Employee may choose at any time during that period to discontinue benefit coverages by notifying Alere’s Culture & Performance Department. If Employee chooses to continue his medical and dental coverages beyond the thirty (30) calendar day maximum period from the Separation Date, Employee will be responsible for electing COBRA and for paying the premium. Prior to that date, Employee will receive COBRA continuation information from the Company’s COBRA vendor. In order to protect Employee’s rights to COBRA coverage, Employee must elect and return the election notice by the grace date on the election form. If Employee is participating in one or more of the following programs at the time of termination, his Basic and Supplemental Life and AD&D benefits will be continued at an “active” employee contribution rate for Employee and his dependents (where applicable) for a maximum of a thirty (30) calendar day period from the Separation Date. Conversion rights for the above-mentioned programs will be available at the time coverage ceases. Special continuation provisions will not be provided for Dependent Care Reimbursement Account, Disability, 401(k), or any other Company provided benefit not identified above. Other benefits not identified above will cease as they do for any other termination of employment.
COBRA and Other Benefits. Getty will pay Page's COBRA premium for October 2000 through March 2002, unless Page becomes eligible for substantially similar group health insurance benefits through a new employer prior to that date. If Page exercises any individual conversion options in other Getty-sponsored group insurance plans in which she participated, Getty will pay her premiums for such converted individual coverage from October 2000 through September 2001. Getty will pay Page a lump sum equal to 12 months health club dues at Sound Mind and Body no later than October 1, 2000. Getty will pay Page One Thousand Five Hundred Dollars ($1,500) on or before October 1, 2000, to collectively cover her bar dues for the states of Illinois, California and Washington. Getty will also pay Page Five Thousand Dollars ($5,000) on or before October 1, 2000 toward the cost of outplacement counseling service. Page's employer-paid parking will end September 7, 2000. These payments shall not be subject to withholding.
