Prepaid Premiums. To assist employees who are temporarily laid off to maintain their coverage under both plans the Company shall make the following contributions:
14.07.1 If an employee is laid off within five (5) months of the date of enrollment, the employee shall pay in advance the full monthly premium of both plans to maintain coverage.
14.07.2 If an employee is laid off after five (5) months from the date of enrollment, in the plans, the Company will pay 80% of the next three monthly premiums of both plans and 50% of the monthly premiums for the fourth to sixth month of layoff. Thereafter, the full premiums must be paid in advance by the employee to maintain his or her coverage.
Prepaid Premiums. To assist employees who are temporarily laid off to maintain their coverage for a full twelve (12) months after their date of enrollment the Company shall make the following contributions:
15.06.1 If the employee is laid off within five months of enrollment, the employee shall pay in advance the full monthly premium to maintain coverage to anticipated date of rehire.
15.06.2 If the employee is laid off after five months from date of enrollment in the Plan, or in subsequent years if the employee is laid off after five months on the payroll, in the twelve month period immediately following the date of rehire, the Company will pay 80% of the next three monthly premiums and 50% of the monthly premiums for the fourth to sixth month of layoff. Thereafter, the full premium must be paid in advance by the employee to maintain his or her coverage to the anticipated date of rehire.
Prepaid Premiums. To assist employees who are temporarily laid off to maintain their coverage for a full twelve (12) month period after their date of enrollment, the Company shall make the following contributions:
a) If an employee is laid off after four (4) months from his date of enrollment, or in subsequent years if the employee is laid off after four (4) months on the payroll in the twelve (12) month period immediately following the date of rehire, the Company will pay 80% of the next two monthly premiums. Thereafter, the full premiums must be paid in advance by the employee to maintain his coverage to the anticipated date of rehire.
b) If an employee is laid off after five (5) months from his date of enrollment, or in subsequent years if the employee is laid off after five (5) months on the payroll in the twelve (12) month period immediately following the date of rehire, the Company will pay 80% of the next three monthly premiums and 50% of the monthly premiums for the fourth to sixth months of layoff. Thereafter, the full premium must be paid in advance by the employee to maintain his coverage to the anticipated date of rehire.
Prepaid Premiums. To assist employees who are temporarily laid off to maintain their e for a full twelve month period after their date of enrolment, e Company shall make the following contri- butions :
Prepaid Premiums. As of the Transfer Date, all prepaid and unused ---------------- premiums with respect to the Company Policies shall be distributed in the same ratio in which such premiums were allocated by Parent or PG&E to Parent and PG&E before the Transfer Date. After the Transfer Date, any refunds received by Parent or PG&E with respect to Company Policies shall be distributed in the same ratio in which premiums payable with respect to the Company Policies were allocated to Parent and PG&E before the Transfer Date. To the extent Parent or PG&E receives any such refund, the Party receiving such refund shall promptly transfer to the other the portion of such refund to which such other Party is entitled.
