Retroactive Termination Sample Clauses

Retroactive Termination. Retroactive adjustments in coverage will only be made for up to a 60-day period from the date of notification. In the event of retroactive termination due to the Subscribing Group's nonpayment of Premiums, or failure of the Subscribing Group or Members to timely notify AvMed of Member ineligibility, AvMed will not be responsible for Claims we incur in arranging for the provision of benefits to Members under the terms of this Contract after the effective date of such retroactive termination.
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Retroactive Termination. We will make retroactive adjustments in coverage only up to 30 days from the date we receive a request for retroactive termination. If we receive Premiums for any Member after the date on which that Member's eligibility ceased we will refund them on a pro rata basis, limited to the total unearned Premiums paid for the Member, up to a maximum of 30 days from the date eligibility ceased, less any Claims incurred by us after the effective date of termination. If coverage is terminated due to non-payment of Premiums, or failure to timely notify us of a Member’s loss of eligibility, we will not be responsible for Claims we incur in providing benefits under the terms of this Contract after the retroactive effective date of the termination. In such event, we reserve the right to recover an amount equal to the Allowed Amount or Maximum Allowable Payment for any Health Care Services provided after the retroactive effective date of the termination, less any Premiums received by us for such Member’s coverage after such date.
Retroactive Termination. AvMed will provide the Subscribing Group with notice of cancellation prior to the 45th day after the Premium due-date. Such notice will be mailed to the Subscribing Group’s last address provided to AvMed, and may provide for retroactive cancellation back to 12:00 a.m. (midnight) on the date the Premium was due.
Retroactive Termination. A request for retroactive termination by Group may be granted as shown in the GEA.

Related to Retroactive Termination

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

  • Involuntary Termination “Involuntary Termination” shall mean (i) without the Employee’s express written consent, the significant reduction of the Employee’s duties or responsibilities relative to the Employee’s duties or responsibilities in effect immediately prior to such reduction; provided, however, that a reduction in duties or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the Chief Financial Officer of Company remains as such following a Change of Control and is not made the Chief Financial Officer of the acquiring corporation) shall not constitute an “Involuntary Termination”; (ii) without the Employee’s express written consent, a substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee’s express written consent, a material reduction by the Company in the Base Compensation or Target Incentive of the Employee as in effect immediately prior to such reduction, or the ineligibility of the Employee to continue to participate in any long-term incentive plan of the Company; (iv) a material reduction by the Company in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction with the result that the Employee’s overall benefits package is significantly reduced; (v) the relocation of the Employee to a facility or a location more than 50 miles from the Employee’s then present location, without the Employee’s express written consent; (vi) any purported termination of the Employee by the Company which is not effected for death or Disability or for Cause; or (vii) the failure of the Company to obtain the assumption of this agreement by any successors contemplated in Section 10 below.

  • Effective Term 1. The term of this Agreement shall be coterminous with the research period of the Collaborative Research.

  • Voluntary Termination Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.

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