Common use of Health Benefit Clause in Contracts

Health Benefit. During the period of 12 months beginning on the date of the Executive’s termination of employment, the Executive (and, if applicable, the Executive’s spouse and dependent children) shall remain covered by the medical and dental, plans of the Company that covered the Executive immediately prior to his termination of employment as if the Executive had remained in employment for such period; provided, however, that the coverage under any such plan is conditioned on the timely payment by the Executive (or his spouse or dependent children) of the portion of the premium for such coverage that other employees with the Company generally are required to pay for such coverage.

Appears in 4 contracts

Samples: Severance Agreement (Lydall Inc /De/), Severance Agreement (Lydall Inc /De/), Severance Agreement (Lydall Inc /De/)

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