Employee Health Benefits. If you make a timely election to continue your health insurance benefits under the Consolidated Omnibus Budget Reconciliation Act ("COBRA"), the Company will pay your COBRA premiums up to a maximum of eighteen (18) months provided your eligibility under COBRA continues. These payments will be made directly to the insurance carrier. If at any time during that period you cease to be eligible for COBRA, the Company will not continue to pay the premiums and your coverage will end.
Appears in 5 contracts
Samples: Employment Agreement (Allied Capital Corp), Employment Agreement (Allied Capital Corp), Employment Agreement (Allied Capital Corp)
