Common use of COBRA Payment Clause in Contracts

COBRA Payment. A lump-sum payment equal to 12 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.

COBRA Payment. A lump-sum payment equal to 12 6 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.

COBRA Payment. A taxable lump-sum payment equal to 12 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.

COBRA Payment. A lump-sum payment equal to 12 multiplied by a multiple of the monthly COBRA premium that the Executive would be required to pay to continue group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. The multiple of the monthly COBRA premium will be 6 unless a Non-CIC Qualified Termination occurs within the first twelve (12) months of service, in which case the multiple will be 12. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.

COBRA Payment. A taxable lump-sum payment equal to 12 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue group health coverage through the end of the Severance Period for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.

COBRA Payment. A taxable lump-sum payment equal to 12 9 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.

COBRA Payment. A lump-sum payment equal to 12 6 multiplied by the monthly COBRA premium that the Executive you would be required to pay to continue group health coverage for the Executive you and the Executive’s your eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects you elect COBRA continuation coverage.

COBRA Payment. A lump-sum payment equal to 12 18 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.

COBRA Payment. A lump-sum payment equal to 12 multiplied by the monthly COBRA premium that the Executive you would be required to pay to continue group health coverage for the Executive you and the Executive’s your eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects you elect COBRA continuation coverage.

COBRA Payment. A lump-sum payment equal to 12 6 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of termination of employment, based on the premium for the first month of COBRA coverage. Such cash payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.COBRA

COBRA Payment. A The Company will provide to Executive a taxable lump-sum payment in an amount equal to 12 multiplied by the monthly COBRA premium that the Executive would be required to pay to continue Executive's group health coverage for the Executive and the Executive’s eligible covered dependents in effect on the date of Executive's termination of employment, employment (which amount will be based on the premium for the first month of COBRA coverage. Such cash ), multiplied by twelve (12), which payment will be taxable and will be made regardless of whether the Executive elects COBRA continuation coverage.coverage (the "