Common use of Continued Health Insurance Coverage Clause in Contracts

Continued Health Insurance Coverage. To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s then-current group health insurance policies, Employee may be eligible to continue Employee’s then-current group health insurance benefits after termination of Employment. If eligible and if Employee timely elects continued health insurance coverage, in the event the Company terminates Employee’s employment without Cause, or Employee resigns with Good Reason, other than in anticipation of, or on or within twenty-four (24) months after, a Change in Control then the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twelve (12) months after the Employee’s Separation Date; provided, however, that no such premium payments shall be made following the effective date of Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer. Employee shall notify the Company immediately if he becomes covered by a medical, dental or vision insurance plan of a subsequent employer. Notwithstanding the foregoing, in the event the Company terminates Employee’s employment without Cause, or Employee resigns with Good Reason, in anticipation of, or within twenty-four (24) months on or after, a Change in Control, then (if eligible and coverage elected) the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twenty-four (24) months after the Employee’s Separation Date or, if earlier, until the termination of Employee’s eligibility for such COBRA or, if applicable, state insurance laws, coverage; provided, however, that no such premium payments shall be made following the effective date of Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee agrees to immediately notify the Company of any such coverage. In the event Employee is entitled to receive such coverage for a period of twenty-four (24) months after the Employee’s Separation Date but Employee’s right to such COBRA or, if applicable, state insurance laws, coverage expires in the ordinary course (and other than in connection with Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer or as the result of any action or inaction of Employee, such as but not limited to Employee’s failure to pay Employee’s portion of the premiums), then, the Company shall pay, on a monthly basis, to Employee (subject to standard deductions and withholdings) a cash payment equal to the portion of the premiums the Company was paying prior to expiration of such coverage for each month after such coverage expires through twenty-four (24) months after the Employee’s Separation Date, provided, however, that no such cash payments shall be made following the effective date of Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee agrees to immediately notify the Company of any such coverage. Notwithstanding the foregoing, Employee’s receipt of any amounts under this subsection are contingent upon the release of claims described in Section 5.2, so Employee may pay such amounts during this period and the Company will reimburse such amounts as soon as administratively practicable after the effective date of the release of claims described in Section 5.2 (except as otherwise set forth above) but in no event later than the 15th day of the third month immediately following the end of the calendar year in which Employee’s Separation Date occurs.

Continued Health Insurance Coverage. To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s then-current group health insurance policies, Employee Executive may be eligible to continue EmployeeExecutive’s then-current group health insurance benefits after termination of Employment. If eligible and if Employee Executive timely elects continued health insurance coverage, in the event the Company terminates EmployeeExecutive’s employment without Cause, or Employee Executive resigns with Good Reason, other than in anticipation of, or on or within twenty-four (24) months after, a Change in Control then the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twelve eighteen (1218) months after the EmployeeExecutive’s Separation Date; provided, however, that no such premium payments shall be made following the effective date of EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer. Employee Executive shall notify the Company immediately if he becomes covered by a medical, dental or vision insurance plan of a subsequent employer. Notwithstanding the foregoing, in the event the Company terminates EmployeeExecutive’s employment without Cause, or Employee Executive resigns with Good Reason, in anticipation of, or within twenty-four (24) months on or after, a Change in Control, then (if eligible and coverage elected) the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twentythirty-four six (2436) months after the EmployeeExecutive’s Separation Date or, if earlier, until the termination of EmployeeExecutive’s eligibility for such COBRA or, if applicable, state insurance laws, coverage; provided, however, that no such premium payments shall be made following the effective date of EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee Executive agrees to immediately notify the Company of any such coverage. In the event Employee Executive is entitled to receive such coverage for a period of twentythirty-four six (2436) months after the EmployeeExecutive’s Separation Date but EmployeeExecutive’s right to such COBRA or, if applicable, state insurance laws, coverage expires in the ordinary course (and other than in connection with EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer or as the result of any action or inaction of EmployeeExecutive, such as but not limited to EmployeeExecutive’s failure to pay EmployeeExecutive’s portion of the premiums), then, the Company shall pay, on a monthly basis, to Employee Executive (subject to standard deductions and withholdings) a cash payment equal to the portion of the premiums the Company was paying prior to expiration of such coverage for each month after such coverage expires through twentythirty-four six (2436) months after the EmployeeExecutive’s Separation Date, provided, however, that no such cash payments shall be made following the effective date of EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee Executive agrees to immediately notify the Company of any such coverage. Notwithstanding the foregoing, EmployeeExecutive’s receipt of any amounts under this subsection are contingent upon the release of claims described in Section 5.2, so Employee Executive may pay such amounts during this period and the Company will reimburse such amounts as soon as administratively practicable after the effective date of the release of claims described in Section 5.2 (except as otherwise set forth above) but in no event later than the 15th day of the third month immediately following the end of the calendar year in which EmployeeExecutive’s Separation Date occurs.

Continued Health Insurance Coverage. To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s then-current group health insurance policies, Employee Executive may be eligible to continue EmployeeExecutive’s then-current group health insurance benefits after termination of Employment. If eligible and if Employee Executive timely elects continued health insurance coverage, in the event the Company terminates EmployeeExecutive’s employment without Cause, or Employee Executive resigns with Good Reason, other than in anticipation of, or on or within twenty-four (24) months after, a Change in Control then the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twelve (12) months after the EmployeeExecutive’s Separation Date; provided, however, that no such premium payments shall be made following the effective date of EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer. Employee Executive shall notify the Company immediately if he becomes covered by a medical, dental or vision insurance plan of a subsequent employer. Notwithstanding the foregoing, in the event the Company terminates EmployeeExecutive’s employment without Cause, or Employee Executive resigns with Good Reason, in anticipation of, or within twenty-four (24) months on or after, a Change in Control, then (if eligible and coverage elected) the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twenty-four (24) months after the EmployeeExecutive’s Separation Date or, if earlier, until the termination of EmployeeExecutive’s eligibility for such COBRA or, if applicable, state insurance laws, coverage; provided, however, that no such premium payments shall be made following the effective date of EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee Executive agrees to immediately notify the Company of any such coverage. In the event Employee Executive is entitled to receive such coverage for a period of twenty-four (24) months after the EmployeeExecutive’s Separation Date but EmployeeExecutive’s right to such COBRA or, if applicable, state insurance laws, coverage expires in the ordinary course (and other than in connection with EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer or as the result of any action or inaction of EmployeeExecutive, such as but not limited to EmployeeExecutive’s failure to pay EmployeeExecutive’s portion of the premiums), then, then the Company shall pay, on a monthly basis, to Employee Executive a cash payment (subject to standard deductions and withholdings) a cash payment equal to the portion of the premiums the Company was paying prior to expiration of such coverage for each month after such coverage expires through twenty-four (24) months after the EmployeeExecutive’s Separation Date, ; provided, however, that no such cash payments shall be made following the effective date of EmployeeExecutive’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee Executive agrees to immediately notify the Company of any such coverage. Notwithstanding the foregoing, EmployeeExecutive’s receipt of any amounts under this subsection are contingent upon the release of claims described in Section 5.2, so Employee Executive may pay such amounts during this period and the Company will reimburse such amounts as soon as administratively practicable after the effective date of the release of claims described in Section 5.2 (except as otherwise set forth above) but in no event later than the 15th day of the third month immediately following the end of the calendar year in which EmployeeExecutive’s Separation Date occurs.

Continued Health Insurance Coverage. To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s then-current group health insurance policies, Employee may be eligible to continue Employee’s then-current group health insurance benefits after termination of Employment. If eligible and if Employee timely elects continued health insurance coverage, in the event the Company terminates Employee’s employment without Cause, or Employee resigns with Good Reason, other than in anticipation of, or on or within twenty-four (24) months after, a Change in Control then the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twelve eighteen (1218) months after the Employee’s Separation Date; provided, however, that no such premium payments shall be made following the effective date of Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer. Employee shall notify the Company immediately if he becomes covered by a medical, dental or vision insurance plan of a subsequent employer. Notwithstanding the foregoing, in the event the Company terminates Employee’s employment without Cause, or Employee resigns with Good Reason, in anticipation of, or within twenty-four (24) months on or after, a Change in Control, then (if eligible and coverage elected) the Company shall pay, on a monthly basis, the Company’s portion of any premiums necessary to provide such coverage for a period of twentythirty-four six (2436) months after the Employee’s Separation Date or, if earlier, until the termination of Employee’s eligibility for such COBRA or, if applicable, state insurance laws, coverage; provided, however, that no such premium payments shall be made following the effective date of Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee agrees to immediately notify the Company of any such coverage. In the event Employee is entitled to receive such coverage for a period of twentythirty-four six (2436) months after the Employee’s Separation Date but Employee’s right to such COBRA or, if applicable, state insurance laws, coverage expires in the ordinary course (and other than in connection with Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer or as the result of any action or inaction of Employee, such as but not limited to Employee’s failure to pay Employee’s portion of the premiums), then, the Company shall pay, on a monthly basis, to Employee (subject to standard deductions and withholdings) a cash payment equal to the portion of the premiums the Company was paying prior to expiration of such coverage for each month after such coverage expires through twentythirty-four six (2436) months after the Employee’s Separation Date, provided, however, that no such cash payments shall be made following the effective date of Employee’s coverage by a medical, dental or vision insurance plan of a subsequent employer and Employee agrees to immediately notify the Company of any such coverage. Notwithstanding the foregoing, Employee’s receipt of any amounts under this subsection are contingent upon the release of claims described in Section 5.2, so Employee may pay such amounts during this period and the Company will reimburse such amounts as soon as administratively practicable after the effective date of the release of claims described in Section 5.2 (except as otherwise set forth above) but in no event later than the 15th day of the third month immediately following the end of the calendar year in which Employee’s Separation Date occurs.