Common use of Extension of Medical Benefits Clause in Contracts

Extension of Medical Benefits. The Executive shall be entitled to an extension of medical benefits as provided in clauses (i) or (ii) below, as applicable: (i) if the Executive has attained age 55 and has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's group health plan as of the Effective Date for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) the Executive's attainment of age 65 or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan; or (ii) if the Executive has attained not age 55, but has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's group health plan as of the Effective Date, for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) three years following the date of the Executive's termination or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan. The medical and dental benefits provided to the Executive and, if applicable, to the Executive's spouse and minor dependents pursuant to this Section 4.3.2 shall be provided by the Company in a manner such that the Executive will not be taxable on any reimbursements to or on behalf of the Executive and, if applicable, to or on behalf of the Executive's spouse. In addition, such medical and dental benefits shall be provided at no cost to the Executive; provided, however, that if the Company reasonably determines, based on the advice of its legal counsel, that the Executive must be taxed on the Company's actual cost of providing such medical and dental coverage to the Executive (the "Coverage Cost") to avoid the Executive being taxed on the reimbursements relating to such coverage, the Company and the Executive agree that the Company will deliver timely to the Executive appropriate tax information returns to cause the Executive to include the Coverage Cost in the Executive's income.

Extension of Medical Benefits. The Executive shall be entitled to an extension of medical benefits as provided in clauses (i) or (ii) below, as applicable: (i) if the Executive has attained age 55 and has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's ’s spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's ’s group health plan as of the Effective Date for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) the Executive's ’s attainment of age 65 or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan; or (ii) if the Executive has not attained not age 55, but has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's ’s spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's ’s group health plan as of the Effective Date, for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) three years following the date of the Executive's ’s termination or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan. The medical and dental benefits provided to the Executive and, if applicable, to the Executive's ’s spouse and minor dependents pursuant to this Section 4.3.2 shall be provided by the Company in a manner such that the Executive will not be taxable on any reimbursements to or on behalf of the Executive and, if applicable, to or on behalf of the Executive's ’s spouse. In addition, such medical and dental benefits shall be provided at no cost to the Executive; provided, however, that if the Company reasonably determines, based on the advice of its legal counsel, that the Executive must be taxed on the Company's ’s actual cost of providing such medical and dental coverage to the Executive (the "“Coverage Cost"”) to avoid the Executive being taxed on the reimbursements relating to such coverage, the Company and the Executive agree that the Company will deliver timely to the Executive appropriate tax information returns to cause the Executive to include the Coverage Cost in the Executive's ’s income.

Extension of Medical Benefits. The Executive shall be entitled to an extension of medical benefits as provided in clauses (i) or (ii) below, as applicable: (i) if the Executive has attained age 55 and has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's ’s spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's ’s group health plan as of the Effective Date for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) the Executive's ’s attainment of age 65 or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan; or (ii) if the Executive has not attained not age 55, but has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's ’s spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's ’s group health plan as of the Effective Date, for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) three years following the date of the Executive's ’s termination or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan. The medical and dental benefits provided to the Executive and, if applicable, to the Executive's ’s spouse and minor dependents pursuant to this Section 4.3.2 shall be provided by the Company in a manner such that the Executive will not be taxable on any reimbursements to or on behalf of the Executive and, if applicable, to or on behalf of the Executive's ’s spouse. In addition, such medical and dental benefits shall be provided at no cost to the Executive; provided, however, that if the Company reasonably determines, based on the advice of its legal counsel, that the Executive must be taxed on the Company's ’s actual cost of providing such medical and dental coverage to the Executive (the "“Coverage Cost"”) to avoid the Executive being taxed on the reimbursements relating to such coverage, the Company and the Executive agree that the Company will deliver timely to the Executive appropriate tax information returns to cause the Executive to include the Coverage Cost in the Executive's ’s income. Reimbursement of such medical and dental expenses shall be made on or before the last day of the year following the year in which such expenses were incurred.

Extension of Medical Benefits. The Executive shall be entitled to an extension of medical benefits as provided in clauses (i) or (ii) below, as applicable: (i) if the Executive has attained age 55 and has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's ’s spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's ’s group health plan as of the Effective Date (which includes a lifetime maximum payment of not less than $5,000,000) for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) the Executive's ’s attainment of age 65 or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan; or (ii) if the Executive has attained not age 55, but has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's ’s spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's ’s group health plan as of the Effective DateDate (which includes a lifetime maximum payment of not less than $5,000,000), for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) three years following the date of the Executive's ’s termination or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan. The medical and dental benefits provided to the Executive and, if applicable, to the Executive's ’s spouse and minor dependents pursuant to this Section 4.3.2 shall be provided by the Company in a manner such that the Executive will not be taxable on any reimbursements to or on behalf of the Executive and, if applicable, to or on behalf of the Executive's ’s spouse. In addition, such medical and dental benefits shall be provided at no cost to the Executive; provided, however, that if the Company reasonably determines, based on the advice of its legal counsel, that the Executive must be taxed on the Company's ’s actual cost of providing such medical and dental coverage to the Executive (the "“Coverage Cost"”) to avoid the Executive being taxed on the reimbursements relating to such coverage, the Company and the Executive agree that the Company will deliver timely to the Executive appropriate tax information returns to cause the Executive to include the Coverage Cost in the Executive's ’s income. Reimbursement of such medical and dental expenses shall be made on or before the last day of the year following the year in which such expenses were incurred.

Extension of Medical Benefits. The Executive shall be entitled to an extension of medical benefits as provided in clauses (i) or (ii) below, as applicable: (i) if the Executive has attained age 55 and has completed at least five years of continuous service with the Company at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's group health plan as of the Effective Date for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) the Executive's attainment of age 65 or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan; or (ii) if the Executive has not attained not age 55, but has completed at least five years of continuous service with the Company 55 at the date of his termination, the Company will provide the Executive and, if the Executive is married, the Executive's spouse and minor dependents with medical and dental coverage at a level that in all respects is not less than the medical and dental coverage available to the Executive under the Company's group health plan as of the Effective Date, for the period commencing on the date such coverage otherwise would cease due to his termination and ending on the earlier of (a) three years following the date of the Executive's termination or (b) the date the Executive first becomes covered after the date of his termination under another group health plan; provided, however that the Executive is not obligated to seek employment following his termination or to enroll for coverage under any other group health plan. The medical and dental benefits provided to the Executive and, if applicable, to the Executive's spouse and minor dependents pursuant to this Section 4.3.2 shall be provided by the Company in a manner such that the Executive will not be taxable on any reimbursements to or on behalf of the Executive and, if applicable, to or on behalf of the Executive's spouse. In addition, such medical and dental benefits shall be provided at no cost to the Executive; provided, however, that if the Company reasonably determines, based on the advice of its legal counsel, that the Executive must be taxed on the Company's actual cost of providing such medical and dental coverage to the Executive (the "Coverage Cost") to avoid the Executive being taxed on the reimbursements relating to such coverage, the Company and the Executive agree that the Company will deliver timely to the Executive appropriate tax information returns to cause the Executive to include the Coverage Cost in the Executive's income.