Common use of Health and Life Insurance Benefits Clause in Contracts

Health and Life Insurance Benefits. If a Change in Control or Corporate Transaction occurs prior to the Employment Contract Termination Date, then the Employee will be entitled to Company-paid contributions for health and life insurance premiums for the greater of six months or the number of months between the Employment Final Termination Date and the first anniversary of the Change in Control or Corporate Transaction.

Appears in 6 contracts

Samples: Employment Agreement (NETEASE.COM, Inc.), Employment Agreement (NETEASE.COM, Inc.), Employment Agreement (Shanghai Century Acquisition Corp)

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