Common use of Continuation of Life Insurance Clause in Contracts

Continuation of Life Insurance. During (and only during) the Continuation Period, HNC will, at its expense continue your coverage under any life insurance benefits in which you are participating in your capacity as an HNC employee immediately prior to the Termination Date (if any), to the extent permitted under any such life insurance benefit plan(s) or policy(ies) or pursuant to any riders thereto that HNC may obtain using commercially reasonable efforts and without increasing HNC's cost to maintain such plan(s) or policy(ies) by more than thirty percent (30%).

Continuation of Life Insurance. During (and only during) the COC Continuation Period, HNC will, at its expense continue your coverage under any life insurance benefits in which you are participating in your capacity as an HNC employee immediately prior to the Termination Date (if any), to the extent permitted under any such life insurance benefit plan(s) or policy(ies) or pursuant to any riders thereto that HNC may obtain using commercially reasonable efforts and without increasing HNC's cost to maintain such plan(s) or policy(ies) by more than thirty percent (30%).