Medicare Supplement Coverage Sample Clauses

Medicare Supplement Coverage a. The City shall contribute towards Medicare Supplement Coverage as outlined in the City of Noblesville’s Retiree’s Benefit Ordinance or its amendments.
AutoNDA by SimpleDocs
Medicare Supplement Coverage. Following the date that each of Xx. Xxxxx and his spouse attain the age of 65, or, if later, the date that health and welfare benefits cease to be provided pursuant to Section 1(d) of this Agreement, the Company shall fund the cost of Medicare supplement coverage for Xx. Xxxxx and his spouse for the remainder of their respective lives. The parties agree that the provider and terms of such coverage shall be selected from time to time by Xx. Xxxxx during the applicable coverage period, the cost of which shall not exceed $5,000 per year.

Related to Medicare Supplement Coverage

  • Insurance Contracts To the extent that any Welfare Plan is funded through the purchase of an insurance contract or is subject to any stop loss contract, the Parties shall cooperate and use their commercially reasonable efforts to replicate such insurance contracts for SpinCo or Parent as applicable (except to the extent that changes are required under applicable Law or filings by the respective insurers) and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such insurance contracts, pricing discounts, or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.06.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

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