Common use of Earlier Cessation of Medical Benefits Clause in Contracts

Earlier Cessation of Medical Benefits. Notwithstanding the provisions of Subparagraph 9(b), TBOP shall not be required to provide, at its cost, the medical benefits covered by Subparagraph 9(b)(ii) after the later of (i) the attainment by the EMPLOYEE and his spouse (if any) of age 65, or (ii) the date specified in the relevant plan document for benefit termination (assuming that he was employed until the normal retirement date, if any, specified in such document).

Appears in 7 contracts

Samples: Employment Agreement (Princeton Bancorp, Inc.), Employment Agreement (Princeton Bancorp, Inc.), Employment Agreement (Princeton Bancorp, Inc.)

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Earlier Cessation of Medical Benefits. Notwithstanding the provisions of Subparagraph 9(b), TBOP shall not be required to provide, at its cost, the medical benefits covered by Subparagraph 9(b)(ii) after the later of (i) the attainment by the EMPLOYEE and his her spouse (if any) of age 65, or (ii) the date specified in the relevant plan document for benefit termination (assuming that he was employed until the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (Princeton Bancorp, Inc.)

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