Common use of Healthcare Benefits Clause in Contracts

Healthcare Benefits. In lieu of providing Executive with any premiums or insurance coverage under any continued healthcare benefits, including the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) or applicable state law, or other similar benefits, Company will pay Executive, no later than ten (10) business days following the completion of the Revocation Periods described in Article 13, the lump sum amount of Thirty-Seven Thousand dollars ($37,000.00), approximating the pre-tax value of such coverage for a 12-month period (the “Healthcare Consideration”).

Healthcare Benefits. In lieu of providing Executive with any premiums or insurance coverage under any continued healthcare benefits, including the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) or applicable state law, or other similar benefits, Company will pay Executive, no later than ten (10) business days following the completion of the Revocation Periods described in Article 1314, the lump sum amount of Thirty-Seven Fifty Thousand dollars ($37,000.0050,000.00), approximating the pre-tax value of such coverage for a 12-month period (the “Healthcare Consideration”).

Healthcare Benefits. In lieu of providing Executive with any premiums or insurance coverage under any continued healthcare benefits, including the Consolidated Omnibus Budget Reconciliation Act (“"COBRA”") or applicable state law, or other similar benefits, Company will pay Executive, no later than ten (10) business days following the completion of the Revocation Periods described in Article 13Termination Date, the lump sum amount of Thirty-Seven Fifty Thousand dollars ($37,000.0050,000.00), approximating the pre-tax value of such coverage for a 12-month period (the “"Healthcare Consideration”").

Healthcare Benefits. In lieu of providing Executive with any premiums or insurance coverage under any continued healthcare benefits, including the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) or applicable state law, or other similar benefits, Company will pay Executive, no later than ten (10) business days following the completion expiration of the Revocation Periods described in Article 13Period, the lump sum amount of ThirtyFifty-Seven Thousand dollars ($37,000.0057,000), approximating the pre-tax value of such coverage for a 12-month period (the “Healthcare Consideration”).