Common use of Continued Medical Coverage Clause in Contracts

Continued Medical Coverage. If Associate’s employment is terminated in either of the circumstances described in Article FIRST, Part A hereof, in the event Associate timely elects under the provisions of COBRA to continue his group health plan coverage that was in effect prior to the date of the termination of Associate’s employment with the Corporation, Associate will be entitled to continuation of such coverage, at the Corporation’s expense, for a period of eighteen (18) months from the date of termination, provided that Associate continues to be eligible for COBRA coverage.

Appears in 18 contracts

Samples: Change in Control Agreement (MSC Industrial Direct Co Inc), Change in Control Agreement (MSC Industrial Direct Co Inc), Change in Control Agreement (MSC Industrial Direct Co Inc)

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Continued Medical Coverage. If Associate’s employment is terminated in either of the circumstances described in Article FIRST, Part A hereof, in the event Associate timely elects under the provisions of COBRA to continue his her group health plan coverage that was in effect prior to the date of the termination of Associate’s employment with the Corporation, Associate will be entitled to continuation of such coverage, at the Corporation’s expense, for a period of eighteen (18) months from the date of termination, provided that Associate continues to be eligible for COBRA coverage.

Appears in 1 contract

Samples: Change in Control Agreement (MSC Industrial Direct Co Inc)

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