Common use of Compensation Following Termination Clause in Contracts

Compensation Following Termination. If the Company terminates Executive's employment other than For Cause the Company shall pay Executive that portion of her Salary earned through and including the Termination Date or the Resignation Date at the rate of Salary in effect at that time, plus an amount equal to twenty six (26) weeks of her annualized Salary paid as salary continuance in accordance with the then current payroll practices, and conditioned upon Executive's signing, and not revoking, a complete Release of any and all claims. In such case, Company shall pay for six (6) of the eighteen (18) months health and dental insurance continuation coverage to which Executive is entitled under the Consolidated Omnibus Budget Reconciliation Act of 1985, Public Law 99-272, Title X (COBRA).

Appears in 2 contracts

Samples: Executive Employment Agreement (Centene Corp), Executive Employment Agreement (Centene Corp)

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Compensation Following Termination. If the Company terminates ---------------------------------- Executive's employment other than For Cause the Company shall pay Executive that portion of her his Salary earned through and including the Termination Date or the Resignation Date at the rate of Salary in effect at that time, plus an amount equal to twenty six fifty two (2652) weeks of her his annualized Salary paid as salary continuance in accordance with the then current payroll practices, and conditioned upon Executive's signing, and not revoking, a complete Release of any and all claims. In such case, Company shall pay for six twelve (612) of the eighteen (18) months health and dental insurance continuation coverage to which Executive is entitled under the Consolidated Omnibus Budget Reconciliation Act of 1985, Public Law 99-272, Title X (COBRA).

Appears in 2 contracts

Samples: Executive Employment Agreement (Centene Corp), Executive Employment Agreement (Centene Corp)

Compensation Following Termination. If the Company terminates ---------------------------------- Executive's employment other than For Cause the Company shall pay Executive that portion of her his Salary earned through and including the Termination Date or the Resignation Date at the rate of Salary in effect at that time, plus an amount equal to twenty six thirty nine (2639) weeks of her his annualized Salary paid as salary continuance in accordance with the then current payroll practices, and conditioned upon Executive's signing, and not revoking, a complete Release of any and all claims. In such case, Company shall pay for six nine (69) of the eighteen (18) months health and dental insurance continuation coverage to which Executive is entitled under the Consolidated Omnibus Budget Reconciliation Act of 1985, Public Law 99-272, Title X (COBRA).

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

Compensation Following Termination. If the Company terminates Executive's employment other than For Cause the Company shall pay Executive that portion of her Salary earned through and including the Termination Date or the Resignation Date at the rate of Salary in effect at that time, plus an amount equal to twenty six fifty two (2652) weeks of her annualized Salary paid as salary continuance in accordance with the then current payroll practices, and conditioned upon Executive's signing, and not revoking, a complete Release of any and all claims. In such case, Company shall pay for six twelve (612) of the eighteen (18) months health and dental insurance continuation coverage to which Executive is entitled under the Consolidated Omnibus Budget Reconciliation Act of 1985, Public Law 99-272, Title X (COBRA).

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

Compensation Following Termination. If the Company terminates Executive's ’s employment other than For Cause the Company shall pay Executive that portion of her his Salary earned through and including the Termination Date or the Resignation Date at the rate of Salary in effect at that time, plus an amount equal to twenty six fifty-two (2652) weeks of her his annualized Salary paid as salary continuance in accordance with the then current payroll practices, and conditioned upon Executive's ’s signing, and not revoking, a complete Release of any and all claims. In such case, Company shall pay for six twelve (612) months of the eighteen (18) months health and dental insurance continuation coverage to which Executive is entitled under the Consolidated Omnibus Budget Reconciliation Act of 1985, Public Law 99-272, Title X (COBRA).

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

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Compensation Following Termination. If the Company terminates Executive's employment other than For Cause the Company shall pay Executive that portion of her his Salary earned through and including the Termination Date or the Resignation Date at the rate of Salary in effect at that time, plus an amount equal to twenty six fifty two (2652) weeks of her his annualized Salary paid as salary continuance in accordance with the then current payroll practices, and conditioned upon Executive's signing, and not revoking, a complete Release of any and all claims. In such case, Company shall pay for six twelve (612) of the eighteen (18) months health and dental insurance continuation coverage to which Executive is entitled under the Consolidated Omnibus Budget Reconciliation Act of 1985, Public Law 99-272, Title X (COBRA).

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

Compensation Following Termination. If the Company terminates Executive's employment other than For Cause the Company shall pay Executive that portion of her his Salary earned through and including the Termination Date or the Resignation Date at the rate of Salary in effect at that time, plus an amount equal to twenty six thirty nine (2639) weeks of her his annualized Salary paid as salary continuance in accordance with the then current payroll practices, and conditioned upon Executive's signing, and not revoking, a complete Release of any and all claims. In such case, Company shall pay for six nine (69) months of the eighteen (18) months health and dental insurance continuation coverage to which Executive is entitled under the Consolidated Omnibus Budget Reconciliation Act of 1985, Public Law 99-272, Title X (COBRA).

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

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