COBRA Eligibility. Regardless of the reason for termination, including voluntary resignation, if the Company is a COBRA-eligible employer at the time of termination of this Agreement and Executive’s employment, Executive’s rights to COBRA coverage shall be the same as any other terminating employee and governed by the then-existing COBRA statute. If Company is not COBRA-eligible, Company will include Employee in Health Insurance plan, in place for Employee and Employee’s spouse at time of termination, without lapse and for a period of 18 months following date of termination.
COBRA Eligibility. To the extent provided by the federal COBRA law or, if applicable, state insurance laws (collectively, “COBRA”), and by the Company’s current group health insurance policies, you will be eligible to continue your group health insurance benefits after the Retirement Date if you so elect. Later, you may be able to convert to an individual policy through the provider of the Company’s health insurance, if you wish. You will be provided with a separate notice of your COBRA rights and obligations within the timing required by law. You will be responsible for payment of your full COBRA premiums, except as provided otherwise under Section 3 (Retention and Severance Benefits).
COBRA Eligibility. Administrators who terminate employment before retirement age may continue health insurance coverage if specific criteria are met in accordance with COBRA regulations. It is the administrator's responsibility to notify the District Office of the desire to continue coverage.
COBRA Eligibility. Beginning on December 28, 2015, you will be eligible for COBRA continuation of your medical, dental and/or vision insurance coverage, as applicable. You will receive information regarding COBRA continuation from Ceridian COBRA Services, the COBRA service provider for CTS, following your Termination Date. Xx. Xxxxxxx Xxxxx June 26, 2015 From and after your Termination Date, you will not participate or be eligible to participate in any employee benefit plans, programs, policies, or arrangements that cover eligible employees of CTS; other than COBRA continuation coverage, as discussed above. With respect to your participation in any deferred salary savings plans, health and welfare or other employee benefit plans, the terms of such plans shall govern any right or entitlement you and/or any of your beneficiaries have or may have hereunder to the extent required by law. If you have any unused, earned vacation on your Termination Date, it will be paid to you.
COBRA Eligibility. Following the Separation Date (or your earlier termination of employment with the Company), you will be entitled to continued health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), if applicable, for a period in accordance with the requirements under COBRA. You will be solely responsible for paying the full cost of the premiums for such COBRA coverage, and such coverage shall not be provided if during such period you are or become ineligible under the provisions of COBRA for continuing coverage.
COBRA Eligibility. Following the Separation Date, you will be entitled to continued health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), if applicable, for a period in accordance with the requirements under COBRA. Except as otherwise provided in the Severance Plan in respect of a “Qualifying Termination” that occurs prior to January 1, 2025, you will be solely responsible for paying the full cost of the premiums for such COBRA coverage, and such coverage shall not be provided if during such period you are or become ineligible under the provisions of COBRA for continuing coverage.
COBRA Eligibility. If Xxxxxxx was eligible for benefits under Oracle’s health insurance plans, Xxxxxxx has the right, under the terms and conditions of COBRA, to continue such medical, dental and vision insurance at his own expense. Xxxxxxx further has the option to continue his life and/or AD&D insurance coverage (assuming that Xxxxxxx was eligible for such coverage) at his own expense upon termination of employment and subject to the rates, terms and conditions set by the insurance company.
COBRA Eligibility. Regardless of whether Employee signs this Agreement, Employee’s eligibility for continuation of health care coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) will not be altered by this Agreement. If Employee and/or Employee’s dependents become eligible for continuation of health care coverage under COBRA as a result of the termination of Employee’s employment, COBRA’s procedures and rules will apply. Notice of Employee’s rights and obligations concerning continuation of coverage shall be sent to Employee under separate cover promptly after the Separation Date in accordance with applicable law.
COBRA Eligibility. The Executive shall be eligible to apply for COBRA, based on the terms and conditions of COBRA eligibility, at the conclusion of the Payment Period.
