Common use of Continuation Medical Coverage Clause in Contracts

Continuation Medical Coverage. For twelve (12) months following the Date of Termination, the payment of “COBRA” premiums for Employee and any dependents covered under the Company’s group health plan immediately prior to the Date of Termination; provided, however, that the Company may cease making such payments when Employee (1) secures employment and (2) becomes eligible to participate in the health insurance plan of his or her new employer.