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 expiration of the Revocation Period, the lump sum amount of Fifty-Seven Thousand dollars ($57,000), approximating the 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 expiration completion of the Revocation PeriodPeriods described in Article 14, the lump sum amount of Fifty-Seven Fifty Thousand dollars ($57,00050,000.00), 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 expiration of the Revocation PeriodTermination Date, the lump sum amount of Fifty-Seven Fifty Thousand dollars ($57,00050,000.00), approximating the 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 expiration completion of the Revocation PeriodPeriods described in Article 13, the lump sum amount of FiftyThirty-Seven Thousand dollars ($57,00037,000.00), approximating the pre-tax value of such coverage for a 12-month period (the “Healthcare Consideration”).