Common use of Medical Payments Clause in Contracts

Medical Payments. the Company shall make a cash payment each month during the thirty (30) month period commencing after the Executive’s Termination Date, equal to the full monthly premium for the medical and health benefits described in Section 4.3.2(v) above minus the active employee cost of such coverage, such amount to be grossed-up for any applicable income taxes;

Appears in 4 contracts

Samples: Employment Agreement (Amec Foster Wheeler PLC), Employment Agreement (Foster Wheeler Ag), Employment Agreement (Foster Wheeler Ag)

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Medical Payments. the The Company shall make a cash payment each month during the thirty (30) month two-year period commencing after the Executive’s Termination Date, equal to the full monthly premium for the medical and health benefits described in Section 4.3.2(v4.3.2(iv) above minus the active employee cost of such coverage, such amount full monthly premium to be grossed-up for any applicable income taxes;

Appears in 4 contracts

Samples: Employment Agreement (Foster Wheeler Ag), Employment Agreement (Foster Wheeler Ag), Employment Agreement (Foster Wheeler LTD)

Medical Payments. the The Company shall make a cash payment each month during the thirty (30) month five-year period commencing after the Executive’s Termination Date, equal to the full monthly premium for the medical and health benefits described in Section 4.3.2(v4.3.2(ii) above minus the active employee cost of such coverage, such amount full monthly premium to be grossed-up for any applicable income taxes;

Appears in 2 contracts

Samples: Employment Agreement (Foster Wheeler LTD), Employment Agreement (Foster Wheeler LTD)

Medical Payments. the Company shall make a cash payment each month during the thirty thirty-six (3036) month period commencing after the Executive’s Termination Date, equal to the full monthly premium for the medical and health benefits described in Section 4.3.2(v) above minus the active employee cost of such coverage, such amount to be grossed-up for any applicable income taxes;

Appears in 1 contract

Samples: Employment Agreement (Foster Wheeler Ag)

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Medical Payments. the Company shall make a cash payment each month during the thirty (30) thirty-month period commencing after the Executive’s Termination Date, equal to the full monthly premium for the medical and health benefits described in Section 4.3.2(v4.3.2(ii) above minus the active employee cost of such coverage, such amount to be grossed-up for any applicable income taxes;

Appears in 1 contract

Samples: Employment Agreement (Foster Wheeler LTD)

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