Common use of Non-Compensation Benefits Clause in Contracts

Non-Compensation Benefits. The Employer shall continue to cover the Employee and Employee's dependents for the Benefit Period under all benefit plans covering other employees in positions similar to that of Employee. Employee's and Employee's dependents continued participation in such plans shall be at no greater cost to Employee than the cost Employee bore for such participation immediately prior to the date of termination.

Appears in 5 contracts

Samples: Employment Agreement (Salix Pharmaceuticals LTD), Employment Agreement (Salix Pharmaceuticals LTD), Employment Agreement (Salix Pharmaceuticals LTD)

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