Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 7 contracts
Samples: Employment Agreement (Versar Inc), Employment Agreement (Versar Inc), Employment Agreement (Versar Inc)
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s 's COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 7 contracts
Samples: Employment Agreement (Versar Inc), Change of Control Severance Agreement (Versar Inc), Employment Agreement (Versar Inc)
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th 30th calendar month beginning thereafterafterwards, the Company shall provide, at no cost to you or your spouse or dependents, will provide the life, disability, accident, accident and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall benefits, which will be at active employee contribution rates, will be treated as satisfying the Company’s COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 2 contracts
Samples: Change of Control Agreement (Catalina Marketing Corp/De), Change of Control Agreement (Catalina Marketing Corp/De)
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th 18th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s 's COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 1 contract
Samples: Employment Agreement (Versar Inc)
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse 77 or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 1 contract
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th 30th calendar month beginning thereafterafterwards, the Company shall provide, at no cost to reimburse you or your spouse or dependents, for the life, disability, accident, and premiums for the health and dental long term disability insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents for which it previously reimbursed you immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall will be treated as satisfying the Company’s COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights, if applicable.
Appears in 1 contract
Samples: Change of Control Agreement (Catalina Marketing Corp/De)
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th 30th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s COBRA obligations. After the benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights. This benefit will terminate at such time as you become eligible for substantially similar benefits as a result of subsequent employment.
Appears in 1 contract
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th 30th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s 's COBRA obligations. After the benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights. This benefit will terminate at such time as you become eligible for substantially similar benefits as a result of subsequent employment.
Appears in 1 contract
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th calendar month 91 beginning thereafter, the Company shall provide, at no cost to you or your spouse or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 1 contract
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse 105 or dependents, the life, disability, accident, and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 1 contract
Group Insurance Benefit Continuation. During the period that begins when you become entitled to Severance Benefits under this Agreement and ends on the last day of the 24th 30th calendar month beginning thereafter, the Company shall provide, at no cost to you or your spouse or dependents, provide the life, disability, accident, accident and health and dental insurance benefits (or substantially similar benefits) it was providing to you and your spouse and dependents immediately before you became entitled to Severance Benefits under this Agreement (or immediately before a benefit reduction that constitutes Good Reason, if you terminate employment for that Good Reason). These benefits shall be treated as satisfying the Company’s 's COBRA obligations. After benefit continuation under this subsection ends, you and your spouse and dependents will be entitled to any remaining COBRA rights.
Appears in 1 contract
Samples: Control Severance Agreement (Catalina Marketing Corp/De)