Continued Health Insurance. If Executive elects COBRA coverage under the applicable medical and dental plans of the Company, the Company will subsidize a portion of the applicable monthly COBRA premium during the Severance Period, so that Executive will only be required to pay the premiums applicable to continuing employees during that time; provided that such subsidy shall cease on the date on which Executive becomes eligible for medical and dental coverage from a third party.
Appears in 8 contracts
Samples: Employment Agreement (Eterna Therapeutics Inc.), Employment Agreement (Eterna Therapeutics Inc.), Employment Agreement (GRI BIO, Inc.)
