Common use of COBRA Continuation Coverage Clause in Contracts

COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any “qualifying event,” as defined in Code Section 4980B(f), Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f). The foregoing is intended as a statement of Executive’s continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiaries.

Appears in 9 contracts

Samples: Executive Change of Control Agreement (State Auto Financial CORP), Executive Change of Control Agreement, Executive Change of Control Agreement (State Auto Financial CORP)

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COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any “qualifying event,” as defined in Code Section 4980B(f), Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f). The foregoing is intended as a statement of Executive’s 's continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiaries.

Appears in 6 contracts

Samples: Executive Change of Control Agreement (State Auto Financial CORP), Executive Change of Control Agreement (State Auto Financial CORP), Executive Change of Control Agreement (State Auto Financial CORP)

COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any “qualifying event,” as defined in Code Section 4980B(f), Executive and his Executive’s qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f). The foregoing is intended as a statement of Executive’s 's continuation coverage rights and is in no way intended to limit any greater rights of Executive or his Executive’s qualified beneficiaries.

Appears in 6 contracts

Samples: Executive Change of Control Agreement (State Auto Financial CORP), Executive Change of Control Agreement (State Auto Financial CORP), Executive Change of Control Agreement (State Auto Financial CORP)

COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any “qualifying event,” as defined in Code Section 4980B(f)4980B, Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f). The foregoing is intended as a statement of Executive’s continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiaries.

Appears in 2 contracts

Samples: Executive Change of Control Agreement (State Auto Financial CORP), Executive Change of Control Agreement (State Auto Financial CORP)

COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any qualifying event,” , as defined in Code Section 4980B(f)4980B(f)(3) of Code, Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f)) of the Code. The foregoing is intended as a statement of Executive’s continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiariesbeneficiaries under this Agreement. If a greater benefit is available to Executive or his qualifying beneficiaries under this Agreement or otherwise, Executive or his qualified beneficiaries may forego continuation coverage and elect instead such greater benefit.

Appears in 2 contracts

Samples: Employment Agreement (State Auto Financial CORP), Employment Agreement (State Auto Financial CORP)

COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any “qualifying event,” as defined in Code Section 4980B(f), Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f). , The foregoing is intended as a statement of Executive’s continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiaries.

Appears in 1 contract

Samples: Executive Change of Control Agreement (State Auto Financial CORP)

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COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any “qualifying event,” as defined in Code Section 4980B(f)) of Code, Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f)) of the Code. The foregoing is intended as a statement of Executive’s continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiariesbeneficiaries under this Agreement. If a greater benefit is available to Executive or his qualifying beneficiaries under this Agreement or otherwise, Executive or his qualified beneficiaries may forego continuation coverage and elect instead such greater benefit.

Appears in 1 contract

Samples: Employment Agreement (State Auto Financial CORP)

COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any “qualifying event,” as defined in Code Section 4980B(f), Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f). The foregoing is intended as a statement of Executive’s 's continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiaries.. Article VII

Appears in 1 contract

Samples: Executive Change of Control Agreement

COBRA Continuation Coverage. Notwithstanding any provision of this Agreement to the contrary, in the event of any qualifying event,” , as defined in Code Section 4980B(f)) of Code, Executive and his qualifying beneficiaries shall be entitled to continuation of health care coverage, as provided under Code Section 4980B(f)) of the Code. The foregoing is intended as a statement of Executive’s continuation coverage rights and is in no way intended to limit any greater rights of Executive or his qualified beneficiariesbeneficiaries under this Agreement. If a greater benefit is available to Executive or his qualifying beneficiaries under this Agreement or otherwise, Executive or his qualified beneficiaries may forego continuation coverage and elect instead such greater benefit.

Appears in 1 contract

Samples: Employment Agreement (State Auto Financial CORP)

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