Common use of Medical Insurance Continuation Benefit Clause in Contracts

Medical Insurance Continuation Benefit. Upon a timely election of the continuation coverage under COBRA by Executive, the Medical Insurance Continuation Benefit for the Insurance Continuation Period as set forth in Section 5.4(b) above. Notwithstanding any other provision in this Agreement to the contrary, under no circumstances, shall the Executive be permitted to exercise any discretion to modify the amount, timing or form of payment or benefit described in this Section 6.2.

Appears in 2 contracts

Samples: Employment Agreement (Collectors Universe Inc), Employment Agreement (Collectors Universe Inc)

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Medical Insurance Continuation Benefit. Upon a timely election of the continuation coverage under COBRA by Executive, the Medical Insurance Continuation Benefit for the duration of the Insurance Continuation Period as set forth in Section 5.4(b) above. Notwithstanding any other provision in this Agreement to the contrary, under no circumstances, shall the Executive be permitted to exercise any discretion to modify the amount, timing or form of payment or benefit described in this Section 6.2.

Appears in 1 contract

Samples: Employment Agreement (Collectors Universe Inc)

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Medical Insurance Continuation Benefit. Upon a timely election of the continuation coverage under COBRA by Executive, the Medical Insurance Continuation Benefit for the Insurance Continuation Period as set forth in Section 5.4(b5.3(b) above. Notwithstanding any other provision in this Agreement to the contrary, under no circumstances, shall the Executive be permitted to exercise any discretion to modify the amount, timing or form of payment or benefit described in this Section 6.26.3.

Appears in 1 contract

Samples: Employment Agreement (Collectors Universe Inc)

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