Common use of Health Insurance Continuation Clause in Contracts

Health Insurance Continuation. You and your beneficiaries, if applicable, will receive under separate cover notice of your rights under the Consolidated Omnibus Reconciliation Act (“COBRA”) upon your separation from the Company. If you elect to continue health care coverage under COBRA, you are responsible for paying the premiums.

Appears in 4 contracts

Samples: Agreement (Motricity Inc), Release Agreement (Motricity Inc), Release Agreement (Motricity Inc)

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Health Insurance Continuation. You Employee and your his beneficiaries, if applicable, will receive under separate cover notice of your Employee’s rights under the Consolidated Omnibus Reconciliation Act (“COBRA”) upon your Employee’s separation from the Company. If you elect Employee elects to continue health care coverage under COBRA, you are he is responsible for paying the premiums.

Appears in 1 contract

Samples: Release Agreement (Voltari Corp)

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