Common use of Continued Medical Benefits Clause in Contracts

Continued Medical Benefits. A lump sum payment equal to the cost of continued health coverage under COBRA, as described in Section 4.2 of the Plan, for a period of 6 months following the date of your Involuntary Termination (less applicable withholding taxes).

Appears in 6 contracts

Samples: Employment Agreement (Lyft, Inc.), Participation Agreement (Lyft, Inc.), Employment Agreement (Lyft, Inc.)

AutoNDA by SimpleDocs

Continued Medical Benefits. A lump sum payment equal to to, on an after-tax basis, the cost of continued health coverage under COBRA, as described in Section 4.2 4(b) of the Plan, for a period of 6 months following the date of your Involuntary Termination (less applicable withholding taxes)multiplied by 12 months.

Appears in 4 contracts

Samples: Participation Agreement (DoorDash Inc), Participation Agreement (DoorDash Inc), Participation Agreement (DoorDash Inc)

Continued Medical Benefits. A lump sum payment equal to the cost of continued health coverage under COBRA, as described in Section 4.2 of the Plan, for a period of 6 months [Level 1: [ ] months; Xxxxx 0: [ ] months] following the date of your Involuntary Termination (less applicable withholding taxes).

Appears in 2 contracts

Samples: Participation Agreement (Lyft, Inc.), Participation Agreement (Lyft, Inc.)

Continued Medical Benefits. A lump sum payment equal to the cost of continued health coverage under COBRA, as described in Section 4.2 of the Plan, for a period of 6 12 months following the date of your Involuntary Termination (less applicable withholding taxes).

Appears in 2 contracts

Samples: Participation Agreement (Lyft, Inc.), Participation Agreement (Lyft, Inc.)

AutoNDA by SimpleDocs

Continued Medical Benefits. A lump lump-sum payment equal to the cost of continued health coverage under COBRA, as described in Section 4.2 of the Plan, for a period of 6 months following the date of your Involuntary Termination (less applicable withholding taxes).

Appears in 1 contract

Samples: Confidentiality Agreement (Lyft, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!