Common use of Coverage Under Another Plan Clause in Contracts

Coverage Under Another Plan. Notwithstanding the preceding provisions of this Section 2.4, upon the Executive becoming covered as a primary insured (that is, not as a beneficiary under a spouse’s or partner’s plan) under another employer’s group health plan during the period provided for herein, the Executive promptly shall inform the Company and the Company’s obligations under this Section 2.4.2 shall cease.

Appears in 4 contracts

Samples: And Retention Agreement (Verisign Inc/Ca), Change of Control and Retention Agreement (Verisign Inc/Ca), Control and Retention Agreement (Verisign Inc/Ca)

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Coverage Under Another Plan. Notwithstanding the preceding provisions of this Section 2.4, upon the Executive Executive’s becoming covered as a primary insured (that is, not as a beneficiary under a spouse’s or partner’s plan) under another employer’s group health plan during the period provided for herein, the Executive promptly shall inform the Company and the Company’s obligations under this Section 2.4.2 2.4.1 shall cease.

Appears in 3 contracts

Samples: And Retention Agreement (Verisign Inc/Ca), And Retention Agreement (Verisign Inc/Ca), And Retention Agreement (Verisign Inc/Ca)

Coverage Under Another Plan. Notwithstanding the preceding provisions of this Section 2.4subsection 3.4, upon in the event the Executive becoming becomes covered as a primary insured (that is, not as a beneficiary under a spouse’s or partner’s plan) under another employer’s group health plan during the period provided for herein, the Executive promptly shall inform the Company and the Company’s obligations under this Section 2.4.2 Company shall ceasecease provision of continued group health insurance for the Executive and any dependents.

Appears in 2 contracts

Samples: Retention and Severance Agreement (Sonicwall Inc), Retention and Severance Agreement (Sonicwall Inc)

Coverage Under Another Plan. Notwithstanding the preceding --------------------------- provisions of this Section 2.4subsection 3.4, upon in the event Executive becoming becomes covered as a primary insured (that is, not as a beneficiary under a spouse’s 's or partner’s 's plan) under another employer’s 's group health plan during the period provided for herein, the Executive promptly shall inform the Company and the Company’s obligations under this Section 2.4.2 Company shall ceasecease provision of continued group health insurance for Executive and any dependents.

Appears in 1 contract

Samples: Executive Retention and Severance Agreement (At Home Corp)

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Coverage Under Another Plan. Notwithstanding the preceding --------------------------- provisions of this Section subsection 2.4, upon in the event Executive becoming becomes covered as a primary insured (that is, not as a beneficiary under a spouse’s 's or partner’s 's plan) under another employer’s 's group health plan during the period provided for herein, the Executive promptly shall inform the Company and the Company’s obligations under this Section 2.4.2 Company shall ceasecease provision of continued group health insurance for Executive and any dependents.

Appears in 1 contract

Samples: Executive Retention and Severance Agreement (At Home Corp)

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