Common use of Life Insurance and Health Plan Coverage Clause in Contracts

Life Insurance and Health Plan Coverage. If, during the term of this Agreement, the Executive's employment terminates for any reason other than for Cause, the Company shall provide the Executive coverage for a continuation period beginning on the Effective Date and ending on the earlier of (i) balance of the Employment Period plus six months, but not more than a total of two (2) years; or (ii) the date of the Executive's death. During the Continuation Period, the Executive (and, where applicable, the Executive's dependents) shall be entitled to continue participation in the group term life insurance plan and in the health care plan for employees maintained by the Company as if the Employee were still an employee of the Company. The coverage provided under this Section 4.6. shall run concurrently with and shall be offset against any continuation coverage under Part 6 of Title I of the Employee Retirement Income Security Act of 1974, as amended. Where applicable, the Executive's compensation for purposes of such plans shall be deemed to be equal to the Executive's compensation (as defined in such plans) in effect on the date of the employment termination. To the extent that the Company finds it undesirable to cover the Executive under the group life insurance and health plans of the Company, the Company shall provide the Executive (at its own expense) with the same level of coverage under individual policies or if the Executive has elected to provide his own coverage under the foregoing plans as contemplated by Section 2.2.5, "Welfare Benefit Plans," the Company will reimburse the Executive for the cost of such coverage for the same term provided in the first sentence of this Section 4.6 and at the same rate as the Company had done prior to the termination.

Life Insurance and Health Plan Coverage. If, during the term of this Agreement, the Executive's employment terminates for any reason other than for Cause, the Company shall provide the Executive coverage for a continuation period beginning on the Effective Date and ending on the earlier of (i) balance of the Employment Period plus six months, but not more than a total of two (2) years; or (ii) the date of the Executive's death. During the Continuation Period, the Executive (and, where applicable, the Executive's dependents) shall be entitled to continue participation in the group term life insurance plan and in the health care plan for employees maintained by the Company as if the Employee were still an employee of the Company. The coverage provided under this Section 4.6. shall run concurrently with and shall be offset against any continuation coverage under Part 6 of Title I of the Employee Retirement Income Security Act of 1974, as amended. Where applicable, the Executive's compensation for purposes of such plans shall be deemed to be equal to the Executive's compensation (as defined in such plans) in effect on the date of the employment termination. To the extent that the Company finds it undesirable to cover the Executive under the group life insurance and health plans of the Company, the Company shall provide the Executive (at its own expense) with the same level of coverage under individual policies or if the Executive has elected to provide his own coverage under the foregoing plans as contemplated by Section 2.2.5, "Welfare Benefit Plans," the Company will reimburse the Executive for the cost of such coverage for the same term provided in the first sentence of this Section 4.6 and at the same rate as the Company had done prior to the terminationpolicies.

Life Insurance and Health Plan Coverage. If, during the term of this Agreement, the Executive's ’s employment terminates for any reason other than for Cause, the Company shall provide the Executive coverage for a continuation period beginning on the Effective Date and ending on the earlier of (i) balance of the Employment Period plus six months, but not more than a total of two (2) years; or (ii) the date of the Executive's ’s death. During the Continuation Period, the Executive (and, where applicable, the Executive's ’s dependents) shall be entitled to continue participation in the group term life insurance plan and in the health care plan for employees maintained by the Company as if the Employee were still an employee of the Company. The coverage provided under this Section 4.6. shall run concurrently with and shall be offset against any continuation coverage under Part 6 of Title I of the Employee Retirement Income Security Act of 1974, as amended. Where applicable, the Executive's ’s compensation for purposes of such plans shall be deemed to be equal to the Executive's ’s compensation (as defined in such plans) in effect on the date of the employment termination. To the extent that the Company finds it undesirable to cover the Executive under the group life insurance and health plans of the Company, the Company shall provide the Executive (at its own expense) with the same level of coverage under individual policies or if the Executive has elected to provide his own coverage under the foregoing plans as contemplated by Section 2.2.5, "“Welfare Benefit Plans," ” the Company will reimburse the Executive for the cost of such coverage for the same term provided in the first sentence of this Section 4.6 and at the same rate as the Company had done prior to the termination.

Life Insurance and Health Plan Coverage. If, during the term of this Agreement, the Executive's employment terminates for any reason other than for Cause, the Company shall provide the Executive coverage for a continuation period beginning on the Effective Date and ending on the earlier of (i) balance of the Employment Period plus six (6) months, but not more than a total of two one (21) yearsyear; or (ii) the date of the Executive's death. During the Continuation Period, the Executive (and, where applicable, the Executive's dependents) shall be entitled to continue participation in the group term life insurance plan and in the health care plan for employees maintained by the Company as if the Employee were still an employee of the Company. The coverage provided under this Section 4.6. shall run concurrently with and shall be offset against any continuation coverage under Part 6 of Title I of the Employee Retirement Income Security Act of 1974, as amended. Where applicable, the Executive's compensation for purposes of such plans shall be deemed to be equal to the Executive's compensation (as defined in such plans) in effect on the date of the employment termination. To the extent that the Company finds it undesirable to cover the Executive under the group life insurance and health plans of the Company, the Company shall provide the Executive (at its own expense) with the same level of coverage under individual policies or if the Executive has elected to provide his own coverage under the foregoing plans as contemplated by Section 2.2.5, "Welfare Benefit Plans," the Company will reimburse the Executive for the cost of such coverage for the same term provided in the first sentence of this Section 4.6 and at the same rate as the Company had done prior to the termination.

Life Insurance and Health Plan Coverage. If, during the term of this Agreement, the Executive's employment terminates for any reason other than for Cause, the Company shall provide the Executive coverage for a continuation period beginning on the Effective Date and ending on the earlier of (i) balance of the Employment Period plus six months, but not more than a total of two eighteen (218) yearsmonths; or (ii) the date of the Executive's death. During the Continuation Period, the Executive (and, where applicable, the Executive's dependents) shall be entitled to continue participation in the group term life insurance plan and in the health care plan for employees maintained by the Company as if the Employee were still an employee of the Company. The coverage provided under this Section 4.64.5. shall run concurrently with and shall be offset against any continuation coverage under Part 6 of Title I of the Employee Retirement Income Security Act of 1974, as amended. Where applicable, the Executive's compensation for purposes of such plans shall be deemed to be equal to the Executive's compensation (as defined in such plans) in effect on the date of the employment termination. To the extent that the Company finds it undesirable to cover the Executive under the group life insurance and health plans of the Company, the Company shall provide the Executive (at its own expense) with the same level of coverage under individual policies or if the Executive has elected to provide his own coverage under the foregoing plans as contemplated by Section 2.2.5, "Welfare Benefit Plans," the Company will reimburse the Executive for the cost of such coverage for the same term provided in the first sentence of this Section 4.6 and at the same rate as the Company had done prior to the terminationpolicies.