HEALTH INSURANCE AND OTHER FRINGE BENEFITS Sample Clauses

HEALTH INSURANCE AND OTHER FRINGE BENEFITS. The Executive shall be entitled to participate in regular employee fringe benefit programs to the extent such programs are offered by the Company to its executive employees, including, but not limited to, medical, hospitalization and disability insurance and life insurance that are substantially consistent with the programs of the Company in effect prior to the Commencement Date.
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HEALTH INSURANCE AND OTHER FRINGE BENEFITS. The Executive shall be entitled to participate in the employee fringe benefit programs listed on Exhibit A and such others programs or improvements to those listed on Exhibit A as the Company and / or the Parent may adopt from time to time.
HEALTH INSURANCE AND OTHER FRINGE BENEFITS. The Company agrees that the current level of health, dental, medical and other plans or benefits currently provided to the Executive by CIRM shall be maintained by the Company for at least the term of this Agreement. The Company further agrees that the costs associated with Executive's (i) health insurance with prescription drug coverage, (ii) dental insurance, (iii) long-term disability insurance, (iv) short-term disability insurance and (v) life insurance shall continue to be paid for him by CIRM. Notwithstanding the immediately preceding sentence, if during the term of this Agreement the Company procures insurance coverage for the Company's employees that provide more favorable terms than those provided to the Executive, then the Executive shall be entitled to participate in the more favorable insurance coverage. Further, if and to the extent that the Company wishes to find a lower cost provider with respect to plans or benefits provided to the Executive (even if such lower cost provider shall provide the same level of benefits), the Company agrees to obtain the prior written consent of the Executive prior to changing providers of plans or benefits provided to the Executive. In addition to the foregoing, the Executive shall participate on an equitable basis in any other plans, programs and benefits of the Company, if any, to the extent his position, tenure, salary, age, health or other qualifications make him eligible to participate. Furthermore, to the extent permitted by applicable law, in the event that the Company changes the health care provider at CIRM, then the Company will provide CIRM with sufficient funds to permit CIRM employees to obtain health care coverage through the prior health care provider, provided that this provision will not bestow any rights upon any third-party beneficiaries.
HEALTH INSURANCE AND OTHER FRINGE BENEFITS. (a) The Executive understands that the Company does not currently intend to provide any regular employee fringe benefit programs, including, but not limited to, medical, hospitalization and disability insurance and life insurance, but to the extent that the Company shall make available any such program in the future, participation in any such program shall be made available to the Executive on terms substantially consistent with those made available to other executives of the Company.
HEALTH INSURANCE AND OTHER FRINGE BENEFITS. In addition to the compensation specified in Section 3, the Executive shall be entitled to participate in regular employee fringe benefit programs to the extent such programs are offered by the Company to its executive employees, including, but not limited to health, dental and vision, where allowed by the policies carried, in effect on the Effective Date, and any benefit programs adopted after the Effective Date. At such time as the Board deems appropriate (but no later than when the Company is net cash flow positive for three consecutive months), the Company will provide the Executive with a monthly automobile allowance of $1,000 per month.

Related to HEALTH INSURANCE AND OTHER FRINGE BENEFITS

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Other Fringe Benefits During the Employment Period, Executive shall be entitled to receive such of the Company’s other fringe benefits as are being provided to other Executives of the Company on the Senior Executive Team.

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