Common use of COBRA Reimbursement Clause in Contracts

COBRA Reimbursement. In addition to the compensation set forth in paragraphs 4.1 and 4.2 of this Agreement, the Company will provide reimbursement of the actual cost of health insurance premiums incurred for continuation of the Executive’s existing coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) until the Executive qualifies for health insurance coverage under the Company’s plan. Such reimbursement of actual cost of health insurance premiums is subject to applicable taxes (including federal income tax at the applicable supplemental tax withholding rate) under the appropriate IRS guidelines and state tax rules and shall be made within thirty (30) days after such costs are incurred and submitted for reimbursement.

COBRA Reimbursement. In addition to the compensation set forth in paragraphs 4.1 and 4.2 of this Agreement, the Company will provide reimbursement of the actual cost of health insurance premiums incurred for continuation of the Executive’s existing coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) until the Executive qualifies for health insurance coverage under the Company’s plan. Such reimbursement of actual cost of health insurance premiums is subject to applicable taxes (including federal income tax at the applicable supplemental tax withholding rate) under the appropriate IRS guidelines and applicable state tax rules and shall be made within thirty (30) days after such costs are incurred and submitted for reimbursement. The Executive must submit request for reimbursement within forty-five (45) days of incurring the cost.

COBRA Reimbursement. In addition to the compensation set forth in paragraphs 4.1 and 4.2 of this Agreement, the Company will provide reimbursement of the actual cost of health insurance premiums incurred for continuation of the Executive’s 's existing coverage under the Consolidated Omnibus Budget Reconciliation Act (“"COBRA”") until the Executive qualifies for health insurance coverage under the Company’s 's plan. Such reimbursement of actual cost of health insurance premiums is subject to applicable taxes (including federal income tax at the applicable supplemental tax withholding rate) under the appropriate IRS guidelines and applicable state tax rules and shall be made within thirty (30) days after such costs are incurred and submitted for reimbursement. The Executive must submit 10 1 Xxxxx Xxxxx Employment Agreement (August 2013) 6 requests for reimbursement within forty-five (45) days of incurring the cost.

COBRA Reimbursement. In addition to the compensation set forth in paragraphs 4.1 and 4.2 of this Agreement, the Company will provide reimbursement of the actual cost of health insurance premiums incurred for continuation of the Executive’s existing coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) until the Executive qualifies for health insurance coverage under the Company’s plan. Such reimbursement of actual cost of health insurance premiums is subject to applicable taxes (including federal income tax at the applicable supplemental tax withholding rate) under the appropriate IRS guidelines and state tax rules and shall be made within thirty (30) 30 days after such costs are incurred and submitted for reimbursement.

COBRA Reimbursement. In addition to the compensation set forth in paragraphs 4.1 and 4.2 of this Agreement, the Company will provide reimbursement of the actual cost of health insurance premiums incurred for continuation of the Executive’s 's existing coverage under the Consolidated Omnibus Budget Reconciliation Act (“"COBRA”") until the Executive qualifies for health insurance coverage under the Company’s 's plan. Such reimbursement of actual cost of health insurance premiums is subject to applicable taxes (including federal income tax at the applicable supplemental tax withholding rate) under the appropriate IRS guidelines and applicable state tax rules and shall be made within thirty (30) days after such costs are incurred and submitted for reimbursement.. The Executive must submit