Common use of Definition – Health Insurance Continuation Clause in Contracts

Definition – Health Insurance Continuation. For purposes of Sections 3.2(b), 3.2(c) and 3.2(d) above, the term “Health Insurance Continuation” means that in the event the Executive's employment with the Company is terminated for any reason other than (A) a termination for Cause, or (B) a voluntary termination by the Executive for any reason other than "Good Reason" or other than approved by the Board of Directors of the Company, the Company shall continue to provide the Health Insurance Benefits. In the event of Executive’s death, the Health Insurance Benefits shall continue to be provided to Executive’s Eligible Dependants, in each case for as long as each individual would have continued to qualify as an eligible dependant under the terms of the applicable insurance and medical plans had Executive been living. Company’s responsibility to provide Health Insurance Continuation shall at all times be contingent upon:

Appears in 6 contracts

Samples: Employment Agreement (KOHLS Corp), Employment Agreement (KOHLS Corp), Employment Agreement (KOHLS Corp)

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Definition – Health Insurance Continuation. For purposes of Sections 3.2(b), 3.2(c) and 3.2(d) above, the term “Health Insurance Continuation” means that in the event the Executive's employment with the Company is terminated for any reason other than (A) a termination for Cause, or (B) a voluntary termination by the Executive for any reason other than "Good Reason" or other than approved by the Board of Directors of the Company, the Company shall continue to provide the Health Insurance Benefits. In the event of Executive’s 's death, the Health Insurance Benefits shall continue to be provided to Executive’s 's Eligible Dependants, in each case for as long as each individual would have continued to qualify as an eligible dependant under the terms of the applicable insurance and medical plans had Executive been living. Company’s 's responsibility to provide Health Insurance Continuation shall at all times be contingent upon:

Appears in 2 contracts

Samples: Employment Agreement (KOHLS Corp), Employment Agreement (KOHLS Corp)

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Definition – Health Insurance Continuation. For purposes of Sections 3.2(b), 3.2(c(c) and 3.2(d(d) above, the term “Health Insurance Continuation” means that in the event the Executive's employment with the Company is terminated for any reason other than (A) a termination for Cause, or (B) a voluntary termination by the Executive for any reason other than "Good Reason" or other than approved by the Board of Directors of the Company, the Company shall continue to provide the Health Insurance Benefits. In the event of Executive’s 's death, the Health Insurance Benefits shall continue to be provided to Executive’s 's Eligible Dependants, in each case for as long as each individual would have continued to qualify as an eligible dependant under the terms of the applicable insurance and medical plans had Executive been living. Company’s 's responsibility to provide Health Insurance Continuation shall at all times be contingent upon:

Appears in 1 contract

Samples: Employment Agreement (KOHLS Corp)

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