Common use of Health Care Coverage Continuation Clause in Contracts

Health Care Coverage Continuation. Tekelec (at its expense) will continue, for the duration of the Former Employee’s Severance Covered Period, health care coverage for the Former Employee and his/her family members who are “qualified beneficiaries” (as such term is defined in the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) under Tekelec’s group health plan(s) generally available through COBRA during such period to employees participating in such plans(s) and at levels and contribution rates and with coverage no greater than those provided to such Former Employee as of the Termination Date. In the event the Former Employee and his or her family members become eligible for group health care coverage elsewhere on terms generally no less favorable to the Former Employee during the Severance Covered Period, the Former Employee shall provide notice to Tekelec, and Tekelec reserves the right to discontinue paying for such coverage under Tekelec’s group health plans. Upon exhaustion of the later of the Former Employee’s Severance Covered Period or the COBRA continuation period, or after Tekelec ceases paying for coverage (if applicable), such Former Employee may elect coverage under a conversion health plan available under Tekelec’s group health plan(s) from the Company’s health insurance carrier if and to the extent he/she is entitled to do so as a matter of right under federal or state law. Any expense associated with the continuation of any health care coverage beyond the Former Employee’s Severance Covered Period will be the sole responsibility of the Former Employee.

Health Care Coverage Continuation. Tekelec (at its expense) will continue, for the duration of the Former Employee’s 's Severance Covered Period, health care coverage for the Former Employee and his/her family members who are “"qualified beneficiaries” " (as such term is defined in the Consolidated Omnibus Budget Reconciliation Act of 1985 (“"COBRA”") under Tekelec’s 's group health plan(s) generally available through COBRA during such period to employees participating in such plans(s) and at levels and contribution rates and with coverage no greater than those provided to such Former Employee as of the Termination Date. In the event the Former Employee and his or her family members become eligible for group health care coverage elsewhere on terms generally no less favorable to the Former Employee during the Severance Covered Period, the Former Employee shall provide notice to Tekelec, and Tekelec reserves the right to discontinue paying for such coverage under Tekelec’s 's group health plans. Upon exhaustion of the later of the Former Employee’s 's Severance Covered Period or the COBRA continuation period, or after Tekelec ceases paying for coverage (if applicable), such Former Employee may elect coverage under a conversion health plan available under Tekelec’s 's group health plan(s) from the Company’s 's health insurance carrier if and to the extent he/she is entitled to do so as a matter of right under federal or state law. Any expense associated with the continuation of any health care coverage beyond the Former Employee’s 's Severance Covered Period will be the sole responsibility of the Former Employee.

Health Care Coverage Continuation. Tekelec (at its expense) will continue, for the duration of the Former Employee’s General Severance Covered Period, health care coverage for the Former Employee and his/her family members who are “qualified beneficiaries” (as such term is defined in the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) under Tekelec’s group health plan(s) generally available through COBRA during such period to employees participating in such plans(s) and at levels and contribution rates and with coverage no greater than those provided to such Former Employee as of the Termination Date. In the event the Former Employee and his or her family members become eligible for group health care coverage elsewhere on terms generally no less favorable to the Former Employee during the General Severance Covered Period, the Former Employee shall provide notice to Tekelec, and Tekelec reserves the right to discontinue paying for such coverage under Tekelec’s group health plans. Upon exhaustion of the later of the Former Employee’s General Severance Covered Period or the COBRA continuation period, or after Tekelec ceases paying for coverage (if applicable), such Former Employee may elect coverage under a conversion health plan available under Tekelec’s group health plan(s) from the Company’s health insurance carrier if and to the extent he/she he is entitled to do so as a matter of right under federal or state law. Any expense associated with the continuation of any health care coverage beyond the Former Employee’s General Severance Covered Period will be the sole responsibility of the Former Employee. In the event of Former Employee’s death during the General Severance Period, the above-referenced continuation of health care coverage will continue for Former Employee’s qualified beneficiaries in accordance with the terms of the applicable plans for the duration of the General Severance Period.