Medical Benefits Continuation Sample Clauses

Medical Benefits Continuation. If, in accordance with and pursuant to this Section 9 of this Agreement, either (i) Employer terminates Executive without Cause or (ii) Executive resigns for Good Reason, in either case during the Contract Period (a “Benefits Continuation Event”), then Employer shall, for the remainder of the Contract Period (the “Continuing Coverage Period”), either provide Executive with continued benefits under, or defray the cost of continued benefits which are comparable to those provided by, those medical and dental benefit plans, life insurance plans, and disability insurance plans (the “Continuing Coverage Plans”) which are sponsored by Employer and in which Executive is a participant as of the date of the termination of Executive's employment. During the Continuing Coverage Period, Employer shall, if and only to the extent possible under the terms of such plans, continue Executive’s participation in the Continuing Coverage Plans for the Continuing Coverage Period, which continued participation shall be under all of the costs, terms and conditions that are applicable to or imposed upon employees of similar title to Executive, as such costs, terms and conditions may change from time to time during the remainder of the Continuing Coverage Period. To the extent that the terms of any of the Continuing Coverage Plans are such that the actual participation of Executive cannot be continued after a Benefits Continuation Event, then Employer shall, for the duration of the Continuing Coverage Period, provide Executive with a periodic payment, or periodic payments, in that amount or those amounts which Employer determines in the exercise of its reasonable discretion and in good faith to be fully sufficient to defray the cost to Executive of participation in plans which provide benefits that are materially identical to those benefits provided by those Continuing Coverage Plans in which, by their terms, Executive cannot continue to participate subsequent to the termination of Executive's employment. Any such payment or payments shall be defined as Coverage Continuation Reimbursement Payments. Executive and Employer specifically agree that the reimbursement by Employer through the Continuing Coverage Period of the full monthly COBRA amount which would, in the absence of this Agreement, be charged to Executive for continuing coverage under the medical benefits plan sponsored by Employer, and in which Executive is a participant as of the termination of Executive's employment, shal...
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Medical Benefits Continuation. □ I am currently entitled to medical benefits □ I wish to receive medical benefits during this unpaid leave, not to exceed 12 weeks. □ I do not wish to receive medical benefits during this period of unpaid leave. □ I am not currently entitled to medical benefits. _______________________________ _______________________ Employee Signature Date FOR PERSONNEL OFFICE USE ONLY Date Request Received: Beginning Date of Leave: Ending Date: Action Taken Reviewed by: Date: Xxxx Union School District 2017-18 Certificated Salary Schedule BA BA + 30 or Credential BA + 45 BA + 60 BA + 75 B C D E F 1 $ 55,593 $ 57,684 $ 60,130 $ 62,952 $ 66,152 2 $ 57,497 $ 59,564 $ 62,012 $ 64,835 $ 68,035 3 $ 59,378 $ 61,448 $ 63,895 $ 66,717 $ 69,916 4 $ 63,330 $ 65,776 $ 68,599 $ 71,798 5 $ 66,152 $ 68,599 $ 71,422 $ 74,621 6 $ 69,164 $ 71,610 $ 74,433 $ 77,633 7 $ 72,175 $ 74,621 $ 77,444 $ 80,643 8 $ 77,726 $ 80,549 $ 83,748 9 $ 80,831 $ 83,655 $ 86,854 10 $ 83,936 $ 86,759 $ 89,959 11 $ 86,382 $ 89,206 $ 92,405 12 $ 88,421 $ 91,981 $ 95,211 13 $ 95,703 $ 98,997 16 $ 97,642 $ 100,935 19 $ 99,579 $ 102,873 22 $ 104,809 25 $ 106,747 Duration of work year: Additional annual stipends: 188 days $1,000 for Master's Degree 190 days for new teachers $700 for Doctorate Degree These stipends will be prorated based on FTE Unit members enrolled in National Board certification will have the registration fee of $1,300 paid. Unit members who hold a National Board certification shall receive a yearly payment of $600 in addition to their regular salary. Grade Level Coordinators receive a $5,000 stipend and work 198 days per year. Additional days will be compensated at $500 per day. Board Approved: 06/06/2017 Effective: 07/01/2017 Salary Schedule increase: 5.0% Xxxx Union School District 2017-18 Certificated Salary Schedule School Psychologists BA BA + 30 or Credential BA + 45 BA + 60 BA + 75 B C D E F 1 $ 58,551 $ 60,752 $ 63,329 $ 66,301 $ 69,671 2 $ 60,554 $ 62,733 $ 65,310 $ 68,284 $ 71,654 3 $ 62,536 $ 64,717 $ 67,293 $ 70,266 $ 73,635 4 $ 66,698 $ 69,275 $ 72,247 $ 75,617 5 $ 69,671 $ 72,247 $ 75,221 $ 78,590 6 $ 72,843 $ 75,419 $ 78,393 $ 81,762 7 $ 76,014 $ 78,590 $ 81,563 $ 84,932 8 $ 81,860 $ 84,833 $ 88,202 9 $ 85,131 $ 88,104 $ 91,474 10 $ 88,401 $ 91,374 $ 94,744 11 $ 90,977 $ 93,951 $ 97,320 12 $ 93,123 $ 96,873 $ 100,276 13 $ 100,794 $ 104,263 16 $ 102,836 $ 106,304 19 $ 104,875 $ 108,344 22 $ 110,384 25 $ 112,426 Duration of work year: Additional annual stipends: 198 days $1,000 for M...
Sample 1
Medical Benefits Continuation. Provided that Employee timely elects COBRA continuation coverage pursuant to Section 4980B of the Internal Revenue Code of 1986, as amended (“COBRA”), during the eighteen (18) month period following Employee’s Separation Date (the “Continuation Period”), the Company will provide Employee and his eligible dependents with COBRA continuation coverage. Employee’s cost for such COBRA continuation coverage will equal the premium charged to active employees during such period, and the remainder of the COBRA premium will be paid by the Company.
Sample 1
Medical Benefits Continuation. Although nothing in this letter agreement shall be construed to alter the at-will nature of your employment as set forth in Section 1 above, if your employment with the Company is terminated by the Company without Cause (as defined below) or you resign your employment with the Company for Good Reason (as defined below), in each case, during the period that begins with the 30th day preceding a Change in Control and which ends 2 years following such Change in Control, subject to your execution and non-revocation of a general release in favor of the Company and its affiliates in a form reasonably acceptable to the Company, you will be entitled to receive from the Company group health benefits (equivalent to those provided prior to such termination) for you and your dependents following your termination of employment and continuing until you reach the age of 65 on the same terms and conditions and with the same cost to you as if you had remained employed by the Company during such period.
Sample 1
Medical Benefits Continuation. Should Employee elect medical benefits continuation under COBRA, the Company will continue to pay its regular employer contributions toward Employee’s medical insurance through August 31, 2009. Employee will be responsible for paying his regular share of the medical care premium. All COBRA benefits are available only during the time that Employee is not eligible for comparable health coverage through another employer. Should Employee obtain such coverage, it is Employee’s obligation to immediately notify the Company.
Sample 1
Medical Benefits Continuation. Regardless of whether Employee signs this Agreement, he may be eligible to continue applicable medical coverage under COBRA in accordance with his applicable medical benefits plan. As additional consideration for Employee’s undertakings in this Agreement, if Employee elects to continue his medical benefits coverage under COBRA, UHS will reimburse Employee for that portion of the COBRA premium that exceeds the contribution Employee would have made had he remained an active employee, up to and including the earlier of: (i) the date upon which Employee enrolls in Medicare or secures health insurance benefits pursuant to employment permitted by this Agreement or (ii) one year following the Termination Date. Payments made under this subsection shall be subject to applicable tax withholdings.
Sample 1
Medical Benefits Continuation. Your current health and welfare benefits will terminate on the Separation Date. If you timely elect to continue health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Separation Date and provided that you comply with your post-employment obligations and that, within thirty (30) days following the Separation Date, you execute and do not revoke the Reaffirmation, IntriCon shall pay you, on the first regularly scheduled payroll date of each month, an amount equal to the percentage of your health care premium costs paid by IntriCon as of the Separation Date (“COBRA Payments”) through the earlier of December 31, 2021, or until you are eligible to receive health benefits from a new employer or a spouse’s employer. If you become eligible to receive health benefits, you must immediately notify Sxxx Xxxx, Vice President and Chief Human Resources Officer of IntriCon. Further, you agree to indemnify IntriCon against any assessments made against IntriCon resulting from your eligibility for benefits under the Medicare program.
Sample 1
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Related to Medical Benefits Continuation

  • Benefits Continuation (a) For leaves taken pursuant to Clauses 26.01, 26.02, and 26.07, the Employer shall maintain coverage for medical, extended health, dental, group life and long term disability, and shall pay the Employer's share of these premiums.

  • Benefit Continuation You and your then eligible dependents shall continue to be covered by and participate in the group health and dental care plans (collectively, “Health Plans”) of the Company (at the Company’s cost) in which you participated, or were eligible to participate, immediately prior to the Date of Termination through the end of the Benefit Continuation Period; provided, however, that any medical or dental welfare benefit otherwise receivable by you hereunder shall be reduced to the extent that you become covered under a group health or dental care plan providing comparable medical and health benefits. You shall be eligible to participate in such Health Plans on terms that are at least as favorable as those in effect immediately prior to the Date of Termination. However, in the event that the terms of the Company’s Health Plans do not permit you to participate in those plans (other than pursuant to an election under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”)), in lieu of your and your eligible dependent’s coverage and participation under the Company’s Health Plans, the Company shall pay to you within fifteen (15) calendar days after the effective date of the Waiver and Release a lump sum equal to two (2) times your monthly COBRA premium amount for the number of months remaining in the Benefit Continuation Period. In addition, for the purposes of coverage under COBRA, your COBRA event date will be the date of loss of coverage described in this paragraph above.

  • Continuation of Welfare Benefits For the twenty-four (24) month period immediately following the Date of Termination, the Company shall arrange to provide the Executive and his dependents life, disability, accident and health insurance benefits and other benefits and perquisites (including employee stay rates) substantially similar to those provided to the Executive and his dependents immediately prior to the Date of Termination or, if more favorable to the Executive, those provided to the Executive and his dependents immediately prior to the first occurrence of an event or circumstance constituting Good Reason, at no greater cost to the Executive than the cost to the Executive immediately prior to such date or occurrence. Benefits otherwise receivable by the Executive pursuant to this Section 6(a)(2) shall be reduced to the extent benefits of the same type are received by the Executive from another employer during the twenty-four (24) month period following the Executive's termination of employment; provided, however, that the Company shall reimburse the Executive for the excess, if any, of the cost of such benefits to the Executive over such cost immediately prior to the Date of Termination or, if more favorable to the Executive, the first occurrence of an event or circumstance constituting Good Reason.

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Payment of Continued Group Health Plan Benefits If Executive timely elects continued group health plan continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) following Executive’s termination or resignation date, the Company shall pay directly to the carrier the full amount of Executive’s COBRA premiums on behalf of Executive for Executive’s continued coverage under the Company’s group health plans, including coverage for Executive’s eligible dependents, until the earliest of (i) the end of the Severance Period following the date of Executive’s termination or resignation, (ii) the expiration of Executive’s eligibility for the continuation coverage under COBRA, or (iii) the date when Executive becomes eligible for substantially equivalent health insurance coverage in connection with new employment (such period from Executive’s termination or resignation date through the earliest of (i) through (iii), the “COBRA Payment Period”). Upon the conclusion of such period of insurance premium payments made by the Company, Executive will be responsible for the entire payment of premiums (or payment for the cost of coverage) required under COBRA for the duration of Executive’s eligible COBRA coverage period, if any. Furthermore, for any month for which the Company is required under federal or state law, including, but not limited to, the American Rescue Plan Act of 2021, to subsidize Executive’s COBRA payments, Executive will: (1) be required to pay Executive’s monthly COBRA premiums, (2) the Company will pay directly to Executive the monthly amount of Executive’s COBRA premium, and (3) the Company will subsidize Executive’s COBRA premiums as required under the applicable law. For purposes of this Section, (1) references to COBRA shall be deemed to refer also to analogous provisions of state law and (2) any applicable insurance premiums that are paid by the Company shall not include any amounts payable by Executive under an Internal Revenue Code Section 125 health care reimbursement plan, which amounts, if any, are Executive’s sole responsibility. Executive agrees to promptly notify the Company as soon as Executive becomes eligible for health insurance coverage in connection with new employment or self-employment. Notwithstanding the foregoing, if at any time the Company determines, in its sole discretion, that it cannot provide the COBRA premium benefits without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), then in lieu of paying COBRA premiums directly to the carrier on Executive’s behalf, the Company will instead pay Executive on the last day of each remaining month of the COBRA Payment Period a fully taxable cash payment equal to the value of Executive’s monthly COBRA premium for the first month of COBRA coverage, subject to applicable tax withholding (such amount, the “Special Severance Payment”), such Special Severance Payment to be made without regard to Executive’s election of COBRA coverage or payment of COBRA premiums and without regard to Executive’s continued eligibility for COBRA coverage during the COBRA Payment Period. Such Special Severance Payment shall end upon expiration of the COBRA Payment Period. Executive is not obligated to use such Special Severance Payment for COBRA premiums.

  • Continuation Coverage Consistent with state and federal laws, certain employees, former employees, dependents, and former dependents may continue group health, dental, and/or life coverage at their own expense for a fixed length of time. As of the date of this Agreement, state and federal laws allow certain group coverages to be continued if they would otherwise terminate due to:

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