Common use of Medical and Life Insurance Clause in Contracts

Medical and Life Insurance. Payment of premiums for medical, dental and vision insurance and life insurance by the Company shall continue on and subject to the terms of this Agreement for a period equal to the longer of (a) a period of two (2) years following the Date of Termination or (b) a period ending n months after the Date of Termination (where n is equal to the sum of three (3) months plus a number of months equal to the number of years elapsed from the Hire Date to the date the Date of Termination), in either case subject to termination under Section 7.

Appears in 2 contracts

Samples: Agreement This Agreement (Microsemi Corp), Agreement (Microsemi Corp)

AutoNDA by SimpleDocs

Medical and Life Insurance. Payment of premiums for medical, dental and vision insurance and life insurance by the Company shall continue on and subject to the terms of this Agreement for a period equal to the longer of (a) a period of two (2) years following the Date of Termination or (b) a period ending n months after the Date of Termination (where n is equal to the sum of three (3) months plus a number of months equal to the number of years elapsed from the Hire Date to the date the Date Company gives notice of Terminationtermination), in either case subject to termination under Section 7.

Appears in 2 contracts

Samples: Agreement (Microsemi Corp), Agreement This Agreement (Microsemi Corp)

Medical and Life Insurance. Payment of premiums for medical, --- dental and vision insurance and life insurance by the Company shall continue on and subject to the terms of this Agreement for a period equal to the longer of (a) a period of two (2) years following the Date of Termination or (b) a period ending n months after the Date of Termination (where n is equal to the sum of three (3) months plus a number of months equal to the number of years elapsed from the Hire Date to the date the Date Company gives notice of Terminationtermination; provided, however that n shall be at least 12 and not more than 18), in either case subject to termination under Section 7.

Appears in 1 contract

Samples: Agreement (Microsemi Corp)

Medical and Life Insurance. Payment of premiums for --- medical, dental and vision insurance and life insurance by the Company shall continue on and subject to the terms of this Agreement for a period equal to the longer of (a) a period of two (2) years following the Date of Termination or (b) a period ending n months after the Date of Termination (where n is equal to the sum of three (3) months plus a number of months equal to the number of years elapsed from the Hire Date to the date the Date of Termination), in either case subject to termination under Section 7.

Appears in 1 contract

Samples: Agreement (Microsemi Corp)

AutoNDA by SimpleDocs

Medical and Life Insurance. Payment of premiums for --- medical, dental and vision insurance and life insurance by the Company shall continue on and subject to the terms of this Agreement for a period equal to the longer of (a) a period of two (2) years following the Date of Termination or (b) a period ending n months after the Date of Termination (where n is equal to the sum of three (3) months plus a number of months equal to the number of years elapsed from the Hire Date to the date the Date Company gives notice of Terminationtermination; provided, however that n shall be at least 12 and not more than 18), in either case subject to termination under Section 7.

Appears in 1 contract

Samples: Agreement (Microsemi Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!