Continuing Health Insurance Sample Clauses

Continuing Health Insurance. Any teacher who is excessed at the end of the school year due to the district’s reduction of positions shall continue in the health insurance program until the first payroll of the next school year at the regular rate of teacher contribution provided that the appropriate health insurance deductions are made during the month of June.
Sample 1
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Continuing Health Insurance. Following the termination of the Executive's employment (i) by the Company for other than Cause, as hereinafter defined, (ii) by the Executive for Good Reason or following a Change of Control and an Executive Termination Event, as hereinafter defined, or (iii) by reason of disability under Section 5.3 hereof, the Company shall continue to provide the Executive such Company-provided group health insurance coverage as is in effect with respect to the Executive at the time of such termination until the earlier of (a) the date on which the Executive obtains other employment providing Executive similar benefits, or (b) the date which is the later of the date of death of Executive or Executive's spouse and (c) the date that is twenty four (24) months following the date of the termination of the Executive's employment.
Sample 1
Continuing Health Insurance a. In the event this Agreement is terminated for any reason (other than because of the death of the Executive or Executive's voluntary termination of his employment) or, in thee event this Agreement is not renewed by the Company after the expiration of the initial or any renewal term hereof, the Company and the Executive have the option to enter into a Consulting Agreement under the terms of which the Executive shall provide such consulting services as shall be mutually acceptable for a period of one (1) year from the effective date of the termination of this Agreement. The Consulting Agreement shall not be terminated by the Company during such one (1) year period, except upon the death of the Executive. The Consulting Agreement shall provide that the manner in which the consulting services are to be performed and the specific hours to be worked by the Executive shall be determined by the Executive, and that the Executive shall be entitled to reimbursement from the Company for all authorized out-of-pocket expenses incurred by him in the performance of his duties thereunder. b. The Consulting Agreement shall provide for such consulting fees commensurate with the services rendered by the Executive in light of his knowledge and experience and shall further provide that, during the term thereof, the Company will continue to provide the Executive and his family with the same health, hospital, dental and other medical insurance as the Executive has been provided by the Company at the time of such termination, provided that, in no event, shall the level of any such insurance benefits under the Consulting Agreement ever by less than the health, hospital, dental and other medical insurance provided by the Company to its senior executive employees at any time during the term of the Consulting Agreement. All such insurance policies shall be with insurance companies qualified to provide benefits in the United States of America. c. The Consulting Agreement shall provide that the Executive shall reimburse the Company for the actual cost of the premiums for the medical insurance provided to the Executive and his family thereunder, which cost shall be no more than the amount which the Company charges for such family medical insurance coverage for its other employees. The Company shall forward to the Executive a copy of the premium notice or notices with respect to the medical insurance policies provided under the Consulting Agreement, and the Executive shall reimburse the...
Sample 1
Continuing Health Insurance. Flight Passes. ----------------------------------------- X. Xxxx and his wife shall have the right during their lifetimes to continuing coverage in the Company's (or its successor's) health insurance plan in effect from time to time. Such participation shall be at Corr's cost, not to exceed the COBRA (or equivalent) premium that would be chargeable with respect to such coverage. X. Xxxx and his wife shall have lifetime pass privileges on Company flights, consistent with the most favorable pass privileges available to any Company executives as in effect from time to time.
Sample 1

Related to Continuing Health Insurance

  • Health Insurance The Couple agrees that: (check one)

  • Group Health Insurance The Employer shall provide a comprehensive health care insurance program for all permanent full-time and part-time employees. Health Plan characteristics and benefits shall be as provided in the Employer’s Agreement with the Ohio Civil Service Employees Association (hereinafter OCSEA). Regardless of the plan, employees will pay fifteen percent (15%) of the premium and the Employer will pay eighty-five percent (85%) of the premium; however for any alternative plans offered pursuant to the Agreement with OCSEA, the employees’ premium share will be determined by the Director of DAS, but will not exceed fifteen percent (15%) of the premium. The Employer’s premium share shall be paid on behalf of eligible employees as provided in the Employer’s Agreement with OCSEA. Employees who include a spouse as a dependent for healthcare coverage shall pay a surcharge as provided in the Employer’s Agreement with OCSEA. Eligibility provisions for employees enrolling in State provided health care plans shall remain the same as those in effect in the Employer’s Agreement with OCSEA. The Employer reserves the right to perform dependent eligibility audits upon recommendation of the Joint Health Care Committee. Health care costs paid on behalf of ineligible dependents will be subject to recovery. Deductibles, co-payments, and other plan design provisions for all benefit programs shall be the same as those prescribed in the Employer’s Agreement with OCSEA. Every year the Employer shall conduct an open enrollment period, at which time employees shall be able to enroll in a health plan, continue enrollment in their current plan, switch to another plan, subject to plan availability in their area, or waive coverage. The timing of the open enrollment period shall be established by the Director of the Department of Administrative Services (DAS), in consultation with the Joint Health Care Committee. Changes outside of open enrollment may only occur as prescribed in the Employer’s Agreement with OCSEA. Open Enrollment Fairs shall be held in accordance with Employer’s Agreement with OCSEA. There shall be established a Joint Health Care Committee composed of representatives of management, and of the various labor Unions representing State employees. The Committee shall meet regularly to monitor the operation of the State’s health care plans, and to make recommendations for the improvement of the plans and cost containment procedures. The Employer shall provide funding for dental, vision and the life benefits as described in Article 21 of the Employer’s Agreement with OCSEA and the Union’s Benefits Trust. Employee health insurance payments will be deducted from every paycheck. In the event an employee is receiving disability leave or Workers’ Compensation benefits, the Employer- policyholder shall continue, at no cost to the employee, the coverage of group health insurance for such employee for the period of such leave, but not beyond twelve (12) months. If the employee’s leave extends beyond twelve

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

  • Health Insurance Coverage (a) An employee who is laid off or separated from employment on or after July 1, 1994, under circumstances which entitle such employee to reemployment rights under this Article, other than pursuant to Section 23, may elect to continue membership in their health benefit plan, upon advance payment of the regular percentage contribution to the cost of the plan, during the first six

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Health Plans A. The health plans offered and benefits provided by those plans shall be those recommended by the JLMBC, approved by the City Council, and administered by the Personnel Department in accordance with LAAC Section 4.

  • Insurance Term The Consultant shall procure and maintain for the duration of this Agreement, insurance against claims for injuries to persons or damage to property which may arise from or in connection with the performance of the work hereunder by the Consultant, its agents, representatives, or employees.

  • Employee Benefit Programs During the Employment Term, the Executive shall be entitled to participate in all employee pension and welfare benefit plans and programs made available to the Company’s senior level executives.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

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