Common use of COBRA Benefits Clause in Contracts

COBRA Benefits. If you timely elect continued coverage under COBRA for yourself and your covered dependents under Freshworks' group health plans following such resignation of employment, then Freshworks shall pay the COBRA premiums necessary to continue your health insurance coverage in effect for yourself and your eligible dependents on the termination date pursuant to the terms set forth in 10(b)(ii).

Appears in 4 contracts

Samples: Offer Letter (Freshworks Inc.), Offer Letter (Freshworks Inc.), Offer Letter (Freshworks Inc.)

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COBRA Benefits. If you timely elect continued coverage under COBRA for yourself and your covered dependents under Freshworks' group health plans following such resignation termination of employment, then Freshworks shall pay the COBRA premiums necessary to continue your health insurance coverage in effect for yourself and your eligible dependents on the termination date pursuant to the terms set forth in 10(b)(ii)) but for a period of twelve (12) months, rather than six (6) months.

Appears in 4 contracts

Samples: Offer Letter (Freshworks Inc.), Offer Letter (Freshworks Inc.), Offer Letter (Freshworks Inc.)

COBRA Benefits. If you Employee timely elect elects continued coverage under COBRA for yourself and your covered dependents under Freshworks' group health plans following such resignation of employmentherself and/or any eligible dependents, then Freshworks shall the Company will pay the COBRA premiums necessary to continue your Employee’s current coverage (including dependent coverage) for the earlier to occur of either: (i) a period of eight months after the Termination Date; or (ii) the date Employee becomes eligible for health insurance coverage in effect for yourself and your eligible dependents on the termination date pursuant to the terms set forth in 10(b)(ii)through another employer.

Appears in 2 contracts

Samples: Severance/Consulting Agreement, Severance/Consulting Agreement (Exelixis Inc)

COBRA Benefits. If you timely elect continued coverage under COBRA for yourself and your covered dependents under Freshworks' group health plans following such termination or resignation of employment, then Freshworks shall pay the COBRA premiums necessary to continue your health insurance coverage in effect for yourself and your eligible dependents on the termination date pursuant to the terms set forth in 10(b)(ii) but for a period of eighteen (18), rather than twelve (12) months.

Appears in 1 contract

Samples: Offer Letter (Freshworks Inc.)

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COBRA Benefits. If you timely elect continued coverage under COBRA for yourself and your covered dependents under Freshworks' the Company's group health plans following such termination or resignation of employment, then Freshworks the Company shall pay the COBRA premiums necessary to continue your health insurance coverage in effect for yourself and your eligible dependents on the termination date pursuant to the terms set forth in 10(b)(ii8(c)(ii) but for the length of the Change of Control Severance Period, rather than the Severance Period specified in section 8(c)(i).

Appears in 1 contract

Samples: Employment Agreement (Aurinia Pharmaceuticals Inc.)

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