Discontinuance of Benefits. The Company stops providing you with benefits that, in the aggregate, are substantially as valuable to you as those you enjoyed immediately before the Change in Control (or, with respect to Section 3(b), the Potential Change in Control) under the Company’s pension, savings, deferred compensation, life insurance, medical, health, disability, accident, vacation, and fringe benefit plans, programs, and arrangements.
Discontinuance of Benefits. Short-term disability benefits cease upon your recovery, retirement, death or at the end of the 26-week period, whichever occurs first. If, while receiving benefits, you are discharged or would not have worked due to strike or suspension of employment, you cease to be eligible for benefits after the day on which such event occurs. However, where lay-off provisions exist and you are disabled when a lay-off begins, your benefits will continue for a maximum of fifteen (15) weeks from the date the disability began.
Discontinuance of Benefits. All entitlements and benefits described herein will be discontinued upon any one or more of the following:
Discontinuance of Benefits. An employee who is discharged or who would not have worked due to a layoff, strike or suspension of employment during the course of the disability.
Discontinuance of Benefits. Insurance benefits will be terminated at fifty-two (52) weeks for those employees on sick leave. Health insurance may be paid by the employee at group rates, if desired, for an additional eighteen (18) months. If the employee quits or is discharged, all benefits will be terminated immediately. Health insurance may be paid by the employee at group rates, if desired, in accordance with existing laws.
Discontinuance of Benefits. An employee who is discharged or who would not have worked due to a layoff, strike or suspension of employment during the course of the disability. Where the disability occurs two months or less before the separation, layoff, strike or suspension of work, and notice of the separation, layoff, strike or suspension of work is given prior to the occurrence of the disability, benefits may be terminated at the earliest at the time of Separation, layoff, strike or suspension of work, and Where does not apply, benefits are continued after the separation, layoff, strike or suspension of work for the duration of the disability or for a total period not to exceed weeks.
Discontinuance of Benefits. The Company stops providing me with benefits that, in the aggregate, are substantially as valuable to me as those I enjoyed immediately prior to the Effective Date other than a result of across-the-board benefit reductions affecting all executives of similar status employed by the Company and any entity in control of the Company.
Discontinuance of Benefits. If at any time (i) any Business Entity, or a person claiming to be a creditor of any Business Entity alleges in writing to the Trustee that any Business Entity has become Insolvent, or (ii) the Trustee is served with any order, process or paper from a court of competent jurisdiction to the effect that a Business Entity is Insolvent, the Trustee shall give notice thereof to the Company and, if applicable, the allegedly Insolvent Business Entity, and shall discontinue Benefit payments under this Trust Agreement on account of services performed for the deemed Insolvent Business Entity, shall hold the Trust assets attributable to the deemed Insolvent Business Entity for the benefit of the Insolvent Business Entity’s Bankruptcy Creditors, and shall resume payment of Benefits to a Participant on account of services performed for the allegedly Insolvent Business Entity under this Trust Agreement in accordance with Article V only upon: (a) in the case of clause (ii) above, the receipt of an order of a court of competent jurisdiction authorizing or requiring such payment, and (b) in the case of clause (i) above, receipt of written notice from the Company that the deemed Insolvent Business Entity is not Insolvent. The Board of Directors of a Business Entity, and the Company’s Treasurer shall be obligated to give the Trustee prompt written notice if the Business Entity becomes Insolvent, with the same consequences as provided in the preceding sentence. If payment of Benefits has been discontinued pursuant to clause (i) of the second preceding sentence, the Board of Directors of the deemed Insolvent Business Entity, and the Company’s Treasurer, shall be obligated to give the Trustee prompt written notice in the event the deemed Insolvent Business Entity is not Insolvent, and such notice shall be treated as notice from the Company for purposes of the second preceding sentence. The Trustee shall not be liable to anyone in the event Benefit payments are discontinued pursuant to this Section 9.02. If the Trustee discontinues payment of Benefits pursuant to this Section 9.02 and subsequently resumes such payment, to the extent the Trust Fund is sufficient for such purpose, the first payment to a Participant following such discontinuance shall include an aggregate amount equal to the payments which would have been made to such Participant under this Trust Agreement but for this Section 9.02, as shall be determined by the Committee or if Section 5.01(b) applies, by the Trust...
Discontinuance of Benefits. An employee who, after incurring disability, is discharged or would not have worked due to strike or suspension of employment is not eligible for Benefits after the day on which such event occurs. Where layoff provisions exist, if you are disabled when a layoff begins, your benefits will continue for the duration of the disability, but not longer than 15 weeks from the date the disability began.
Discontinuance of Benefits. The Company stops providing me -------------------------- with benefits that, in the aggregate, are substantially as valuable to me as those I enjoyed under the Company's pension, savings, deferred compensation, life insurance, medical, health, disability, accident, vacation, or fringe benefit plans, programs, and arrangements.
