Health and Dental Insurance Coverage Sample Clauses

Health and Dental Insurance Coverage. Executive (and any spouse or dependents covered at the time of Executive’s termination) shall be entitled to elect to continue coverage under the Company’s group medical and dental programs as provided under COBRA. To continue such coverage, Executive will be required to pay the applicable COBRA premiums. To help compensate Executive for the cost of COBRA or alternative medical and dental coverage, the Company shall pay Executive a lump sum, on the 60th day following Executive’s Termination Date, equal to an amount such that after payment of all estimated taxes on such amount, Executive retains a net amount equal to the cost of the applicable COBRA premium on Executive’s Termination Date, multiplied by twenty-four (24).
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Health and Dental Insurance Coverage. After the completion of said fifty-two (52) week period, coverage will commence the first day of the month following the completion of an additional 90 calendar days of employment. Positions covered by this Section will not be subject to the posting requirements in Article 18, Section 18.2. Agency Shop fee or membership dues will not be deducted until the completion of the fifty-two
Sample 1Sample 2
Health and Dental Insurance Coverage. For the life of this Agreement, the Board reserves the right to change the providers and/or administrative elements of the insurance plans so long as such does not result in a reduction in benefits. Further, it is acknowledged by the parties that the availability of and/or the composition of an insurance plan that is purchased from a third party provider is outside the control of the Board and is subject to change by the third party provider; in the event that the third party provider determines that changes to an insurance plan are necessary and/or that an insurance plan shall be discontinued, the Board shall not be obligated to maintain that plan but agrees that it shall meet with the RBMA, as appropriate, to consider the effects of that decision and/or alternatives to the affected plan.
Sample 1Sample 2
Health and Dental Insurance Coverage. Upon submission of written application, all members employed by the District as of June 30, 2008 will receive receive MESSA CHOICES II, XVA2, with a $10/$40 drug card (RX) a $500/$1,000 deductible, a $20 office visit co- pay a $50 emergency room co-pay, and Dental Insurance coverage comparable to Delta Dental Insurance (80/80/80) according to the employee’s family status and will be eligible and may participate in the payment of premiums according to the following pro-ration schedule: Medical 0 hours to 6.0 hours Not eligible to receive any insurance benefits 6.01 hours to 7.0 hours 67.5 % payment of monthly premiums by District 7.01 hours to 8.0 hours 80.0% payment of monthly premiums by District Dental 0 hours to 6.0 hours Not eligible to receive any insurance benefits 6.01 hours to 7.0 hours 77.5 % payment of monthly premiums by District 7.01 hours to 8.0 hours 90.0% payment of monthly premiums by District If by statute or Constitutional Amendment the requirement that the employer not pay more than the hard cap amount or 20% of the health care premium be overturned, the employer will agree to pay 90% of the health care premium from the date the change goes into effect.
Sample 1
Health and Dental Insurance Coverage. During your Employment, you shall be eligible to participate in the employee benefit plans maintained by the Company and generally available to similarly situated employees of the Company, subject in each case to the generally applicable terms and conditions of the plan in question and to the determinations of any person or committee administering such plan. The Company will be responsible for payment of premiums for coverage of your health and dental insurance plans that the Company may have in effect from time to time, not to exceed $500. You will have the option of adding spouse and/or dependents to the health and/or dental insurance plans that the Company may have in effect from time to time, not to exceed $500. Costs of health and/or insurance plans that exceed $500 will be your responsibility.
Sample 1

Related to Health and Dental Insurance Coverage

  • Medical and Dental Insurance The Company shall pay Employee’s monthly Medical and Dental Insurance premiums in association with Company provided health insurance plans.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Insurance Coverages The Contractor shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City:

  • REINSURANCE COVERAGE Reinsurance under this Agreement will apply to insurance issued by the Ceding Company on the Plans of Insurance shown in Schedule A. Such Plans of Insurance shall be reinsured with the Reinsurer on an automatic basis, subject to the requirements set forth in Section A below, or on a facultative basis, subject to the requirements set forth in Section B below, or on a facultative obligatory basis, subject to the requirements set forth in Section C below. The specifications for all reinsurance under this Agreement are provided in Schedule B.

  • Certificate of Insurer – Insurance Coverage Concurrently with any delivery of financial statements under Section 8.01(a), a certificate of insurance coverage from each insurer with respect to the insurance required by Section 8.07, in form and substance satisfactory to the Administrative Agent, and, if requested by the Administrative Agent or any Lender, all copies of the applicable policies.

  • No Defense to Insurance Coverage No action has been taken or failed to be taken, no event has occurred and no state of facts exists or has existed on or prior to the Purchase Date (whether or not known to Seller on or prior to such date) which has resulted or will result in an exclusion from, denial of, or defense to coverage under any private mortgage insurance (including, without limitation, any exclusions, denials or defenses which would limit or reduce the availability of the timely payment of the full amount of the loss otherwise due thereunder to the insured) whether arising out of actions, representations, errors, omissions, negligence, or fraud of Seller, the related Mortgagor or any party involved in the application for such coverage, including the appraisal, plans and specifications and other exhibits or documents submitted therewith to the insurer under such insurance policy, or for any other reason under such coverage, but not including the failure of such insurer to pay by reason of such insurer’s breach of such insurance policy or such insurer’s financial inability to pay.

  • Maintenance of Insurance Coverage Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • Health Care Coverage The Company shall continue to provide Executive with medical, dental, vision and mental health care coverage at or equivalent to the level of coverage that the Executive had at the time of the termination of employment (including coverage for the Executive’s dependents to the extent such dependents were covered immediately prior to such termination of employment) for the remainder of the Term of Employment, provided, however that in the event such coverage may no longer be extended to Executive following termination of Executive’s employment either by the terms of the Company’s health care plans or under then applicable law, the Company shall instead reimburse Executive for the amount equivalent to the Company’s cost of substantially equivalent health care coverage to Executive under ERISA Section 601 and thereafter and Section 4980B of the Internal Revenue Code (i.e., COBRA coverage) for a period not to exceed the lesser of (A) 18 months after the termination of Executive’s employment or (B) the remainder of the Term of Employment, and provided further that (1) any such health care coverage or reimbursement for health care coverage shall cease at such time that Executive becomes eligible for health care coverage through another employer and (2) any such reimbursement shall be made no later than the last day of the calendar year following the end of the calendar year with respect to which such coverage or reimbursement is provided. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(a) except as set forth in Section 12.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!