Medical and Health Benefits. The Employee will also be offered the opportunity for continued coverage under the Company’s health insurance plans, as required by COBRA. The Company's insurance agent will send the Employee information regarding this coverage.
Medical and Health Benefits. For the period commencing September 1, 2008 through September 30, 2008, the Company shall pay for the cost to continue Employee’s medical and health benefits coverage under Consolidated Omnibus Budget Reconciliation Act (“COBRA”). After September 30, 2008, Employee may elect, at Employee’s expense, to continue medical and health benefits coverage pursuant to Employee’s rights under COBRA. Employee acknowledges that the foregoing payments set forth in this Section 2 are compensation which the Company would not be required to pay to Employee but for this Agreement. Except for the amounts expressly set forth in Section 1 above for services rendered through the end of the day on the Separation Date, and in this Section 2 above as severance compensation after the Separation Date, no other compensation or benefits, including, without limitation, compensation for unpaid salary, unpaid bonus, severance or accrued or unused vacation time or vacation pay, arising from or relating to Employee’s employment with the Company or the termination of Employee’s employment, are due to Employee by the Company under this Agreement or otherwise.
Medical and Health Benefits. Employee’s medical and health benefits shall continue on the same or substantially the same terms through February 20, 2006. Thereafter, in the event that Employee elects continuing benefits coverage pursuant to her rights under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), Employee shall be responsible for payment of Employee’s COBRA premiums.
Medical and Health Benefits. Employee will also be offered the opportunity for continued coverage under NutraCea’s health insurance plans until March 31, 2009. Thereafter, NutraCea shall reimburse employee for his subsequent COBRA payments made after March 31, 2009 and continuing for eighteen (18) months thereafter, unless during such time, Employee becomes eligible to obtain coverage under Medicare Plans A and B, in which case, NutraCea shall be under no further obligation to reimburse Employee for such COBRA payments. NutraCea’s insurance agent will send Employee information regarding this coverage.
Medical and Health Benefits. The district contributes up to a maximum of $135 per month to defray the membership costs for those employees eligible * and participating in the individual or family Health Insurance Program sponsored by the State of Delaware. Vision Plan: The District will provide a group vision plan program for full time employees. There is a buy- in option for part time employees., Group Dental Insurance: The District will provide a group dental insurance program for eligible* and participating employees and dependents. The district will provide the administrative assistant staff the same Medical and Health Benefits as in the teacher's negotiated contract. *To be an employee eligible for Benefits under #1, an employee must be scheduled to work a minimum of thirty (30) hours per week. If an employee who is not eligible to receive the paid Health/Dental Insurance desires coverage of either plan, they can purchase the plan. In such instances, contact the District Benefits Coordinator for information about the purchase process.
Medical and Health Benefits. Medical insurance offered under NJ State Benefits System shall be provided and fully paid for by the Borough for which coverage shall include the Employee as well as his entire eligible immediate family. If the state changes its plan the Borough will be able to change the plans in the contract. The Borough may change the current health benefit carrier to another carrier providing equal to or better coverage as previously provided. If an officer chooses not to participate in the health benefits plan because of being covered by a spouses plan the borough will pay the officer $2,400.00 for the year divided evenly and paid each pay period. Each officer shall also be a member of the prescription plan. Each officer and all members of the officer’s family shall be responsible for the deductible or co-payment expenses for any prescription drug. Each officer shall also be entitled to a combined total payment of up to $1,000.00 for the officer and the officer’s family, covering eye care and dental expenses that are incurred during the applicable calendar year. This $1,000.00 limit is non-cumulative and may not be carried from year to year. This $1,000.00 limit may be used by the officer and the officer’s family for payment of any expenses incurred for dental expenses or eye care expenses as the officer and the officer’s family may designate. Each officer shall be provided a paid individual membership at a local fitness center. It an individual membership to a fitness center outside of the Borough is desired, the officer shall be reimbursed $225.00 per year upon verification of membership.
Medical and Health Benefits. Xxxxxxxx shall, during the period specified below in this Section 4.1(b), continue to make available to Employee and to other eligible members of his immediate family, medical and health benefits equivalent to those to which Employee would have been entitled had his employment with Xxxxxxxx continued. Such benefits will be made available to Employee for a period not to exceed twenty-four (24) months following the date of termination of his employment, or until such time as reasonably comparable benefits become available to him under another employer-provided plan, whichever occurs earlier. Such benefits, for so long as they are made available hereunder, shall be made available to Employee at a cost to Employee not greater than what his cost would have been had his employment with Xxxxxxxx continued; and
Medical and Health Benefits. Company will pay the Company’s portion of your health insurance premium payments in effect as of the Separation Date, and the employee’s portion will be withheld from your Severance payments, through the Transition Period. The Company then will cause to be issued a notice pertaining to your eligibility for continued benefits thereafter pursuant to the Consolidated Omnibus Budget Reconciliation Act, as amended, 29 U.S.C. § 623 et seq. (“COBRA”). If you wish to maintain COBRA coverage, you shall be responsible for making the full premium payments pursuant to COBRA. 0000 Xxxxxxxxx Xxxxx San Leandro California 94577 United States Office: +0.000.000.0000 Fax: +0.000.000.0000 xxxx@xxxxxxxxxxxxxx.xxx xxxxxxxxxxxxxx.xxx Xxxx Xxxxx Transition and Separation Agreement
Medical and Health Benefits. Employee’s medical and health benefits shall continue through August 31, 2007, and the Company will pay the COBRA premium to provide medical and health benefits through April 30, 2008, after which Employee may elect, at Employee’s expense, to continue benefits coverage pursuant to Employee’s rights under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”). Employee acknowledges that the foregoing payments and benefits set forth in this Section 2 are compensation which the Company would not be required to pay to Employee. Except for the amounts expressly set forth in Section 1 above for services rendered and vacation earned as of the Separation Date, and in this Section 2 as additional compensation in accordance with the terms hereof, no other compensation or benefits are due to Employee by the Company under this Agreement or otherwise.
Medical and Health Benefits. Medical and health coverage for Employee and his dependents under NutraCea's health insurance plans will continue through April 30, 2009. Thereafter, NutraCea shall reimburse employee for his COBRA payments to continue medical and health coverage for himself and his dependents for six (6) months beginning May 1, 2010 through October 31, 2010. Employee hereby permanently and irrevocably waives the right to receive premium assistance under the American Recovery and Reinvestment Act of 2009.
