Common use of COBRA Coverage Clause in Contracts

COBRA Coverage. If you wish to participate in COBRA, you have 60 days from the termination of your current health benefits to make your election. You will be solely responsible for making a timely COBRA election and for paying all COBRA premiums in a timely manner. Please note that COBRA rates may change, and that the Company reserves the right to modify or replace benefit plans. You will receive in the mail from TaxSaver after your Retirement Date, documents describing the COBRA health benefits available to you. You will need to review the documents and elect COBRA during your eligible enrollment period if desired. If you elect to continue health benefits through COBRA, it will be your responsibility to pay the required premiums in a timely manner.

Appears in 4 contracts

Samples: Retirement Agreement (HF Sinclair Corp), Consulting Agreement (HollyFrontier Corp), Consulting Agreement (HollyFrontier Corp)

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COBRA Coverage. If you wish to participate in COBRA, and to the extent you are otherwise eligible, you have 60 days from the termination of your current health benefits to make your election. You will be solely responsible for making a timely COBRA election and for paying all COBRA premiums in a timely manner. Please note that COBRA rates may change, and that the Company reserves the right to modify or replace benefit plans. You will receive in the mail from TaxSaver after your Retirement Separation Date, documents describing the COBRA health benefits available to you. You will need to review the documents and elect COBRA during your eligible enrollment period if desired. If you elect to continue health benefits through COBRA, it will be your responsibility to pay the required premiums in a timely manner.

Appears in 1 contract

Samples: Mutual Separation Agreement (HF Sinclair Corp)

COBRA Coverage. If you I wish to participate in COBRA, you and to the extent I am otherwise eligible, I have 60 days from the termination of your my current health benefits to make your my election. You I will be solely responsible for making a timely COBRA election and for paying all COBRA premiums in a timely manner. Please note I acknowledge that COBRA rates may change, and that the Company reserves the right to modify or replace benefit plans. You I will receive in the mail from TaxSaver after your my Retirement Date, documents describing the COBRA health benefits available to youme. You I will need to review the documents and elect COBRA during your my eligible enrollment period if desired. If you I elect to continue health benefits through COBRA, it will be your my responsibility to pay the required premiums in a timely manner.

Appears in 1 contract

Samples: Successor Transition Agreement and Release of Claims (HF Sinclair Corp)

COBRA Coverage. If you wish to participate in COBRA, you have 60 days from the termination of your current health benefits to make your election. You will be solely responsible for making a timely COBRA election and for paying all COBRA premiums in a timely manner. Please note that COBRA rates may change, and that the Company reserves the right to modify or replace benefit plans. You will receive in the mail from TaxSaver Conexis, after your Retirement Dateretirement date, documents describing the COBRA health benefits available to you. You will need to review the documents packet and elect COBRA during your eligible enrollment period if desired. If you elect to continue health benefits through COBRA, it will be your responsibility to pay the required premiums in a timely manner.

Appears in 1 contract

Samples: Retirement Agreement (HollyFrontier Corp)

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COBRA Coverage. If you wish to participate in COBRA, you have 60 days from the termination of your current health benefits to make your election. You will be solely responsible for making a timely COBRA election and for paying all COBRA premiums in a timely manner. Please note that COBRA rates may change, and that the Company reserves the right to modify or replace benefit plans. You will receive in the mail from TaxSaver Conexis, after your Retirement DateLast Date of Employment, documents describing the COBRA health benefits available to you. You will need to review the documents packet and elect COBRA during your eligible enrollment period if desired. If you elect to continue health benefits through COBRA, it will be your responsibility to pay the required premiums in a timely manner.

Appears in 1 contract

Samples: Separation Agreement (Holly Energy Partners Lp)

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