Common use of COBRA Premium Clause in Contracts

COBRA Premium. If the Employee elects to receive COBRA benefits upon termination the Company shall pay the premium for coverage of the Employee and the Employee’s eligible spouse and/or dependents under the Company’s group health plan(s) pursuant to the Consolidated Omnibus Budget Reconciliation Act for the one-year period beginning on the Termination Date.

Appears in 5 contracts

Samples: Severance Agreement (Polaris Inc.), Severance Agreement (Polaris Industries Inc/Mn), Severance Agreement (Polaris Industries Inc/Mn)

AutoNDA by SimpleDocs

COBRA Premium. If the Employee elects to receive COBRA benefits upon termination termination, the Company shall pay the premium for coverage of the Employee and the Employee’s eligible spouse and/or dependents under the Company’s group health plan(s) pursuant to the Consolidated Omnibus Budget Reconciliation Act for the one-year period beginning on the Termination Date.

Appears in 5 contracts

Samples: Severance Agreement (Polaris Industries Inc/Mn), Severance Agreement (Polaris Industries Inc/Mn), Severance Agreement (Polaris Industries Inc/Mn)

COBRA Premium. If the Employee elects to receive COBRA benefits upon termination termination, the Company shall pay the premium for coverage of the Employee and the Employee’s 's eligible spouse and/or dependents under the Company’s 's group health plan(s) Exhibit 00.xx pursuant to the Consolidated Omnibus Budget Reconciliation Act for the one-year period beginning on the Termination Date.

Appears in 1 contract

Samples: Severance Agreement (Polaris Inc.)

AutoNDA by SimpleDocs

COBRA Premium. If the Employee elects to receive COBRA benefits upon termination the Company shall pay the premium for coverage of the Employee and the Employee’s 's eligible spouse and/or dependents under the Company’s 's group health plan(s) pursuant to the Consolidated Omnibus Budget Reconciliation Act for the one-year period beginning on the Termination Date.

Appears in 1 contract

Samples: Severance Agreement (Polaris Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.