Insurance Benefits, etc. (i) The Executive shall receive the Continued Benefits for the Benefits Continuation Period. (ii) In the event that the Executive does not satisfy the irrevocable release requirement of Section 4.5(d) hereof prior to the 60th day following the Executive’s Termination Date, the benefits continuation provided for by this Section 4.5 shall immediately terminate (with the exception of the Executive’s rights to elect COBRA continuation coverage, as required by law) as of immediately prior to such 60th day.
Appears in 9 contracts
Samples: Employment Agreement (American Capital, LTD), Employment Agreement (American Capital, LTD), Employment Agreement (American Capital, LTD)
