Common use of Right to Continue Certain Insurance Benefits Clause in Contracts

Right to Continue Certain Insurance Benefits. The Individual shall have the right to continue after the Separation Date his group health, dental, and vision insurance benefits, if any, for himself and his dependents, at his own expense in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). The Individual should complete an insurance continuation election form, which will be furnished to him under separate cover, and timely return it if he wishes to apply to continue his insurance coverage under COBRA.

Appears in 1 contract

Samples: Separation and Release Agreement (Basic Energy Services, Inc.)

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Right to Continue Certain Insurance Benefits. The Individual shall have the right to continue after the Separation Date his group health, dental, and vision insurance benefits, if any, for himself and his dependents, at his own expense (except as provided below in subparagraph 4 of this Agreement) in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA"). The Individual should complete an insurance continuation election form, which will be furnished to him under separate cover, and timely return it if he wishes to apply to continue his insurance coverage under COBRA.

Appears in 1 contract

Samples: Separation and Release Agreement (Basic Energy Services, Inc.)

Right to Continue Certain Insurance Benefits. The Individual shall have the right to continue after the Separation Date his her group health, dental, and vision insurance benefits, if any, for himself herself and his her dependents, at his her own expense (except as provided below) in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). The Individual should complete an insurance continuation election form, which will be furnished to him her under separate cover, and timely return it if he she wishes to apply to continue his her insurance coverage under COBRA.

Appears in 1 contract

Samples: Separation and Release Agreement (Riley Exploration Permian, Inc.)

Right to Continue Certain Insurance Benefits. The Individual shall have the right to continue after the Separation Date his group health, dental, and vision insurance benefits, if any, for himself and his dependents, at his own expense (except as provided in paragraph 5 below) in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). The Individual should complete an insurance continuation election form, which will be furnished to him under separate cover, and timely return it if he wishes to apply to continue his insurance coverage under COBRA.

Appears in 1 contract

Samples: Separation and Release Agreement (Basic Energy Services, Inc.)

Right to Continue Certain Insurance Benefits. The Individual shall have the right to continue after the Separation Date his group health, dental, and vision insurance benefits, if any, for himself and his dependents, at his own expense (except as provided below) in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). The Individual should complete an insurance continuation election form, which will be furnished to him under separate cover, and timely return it if he wishes to apply to continue his insurance coverage under COBRA.

Appears in 1 contract

Samples: Separation and Release Agreement (Riley Exploration Permian, Inc.)

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Right to Continue Certain Insurance Benefits. The Individual shall have the right to continue after the Separation Date his group health, dental, and vision insurance benefits, if any, for himself and his dependents, at his own expense (except as provided below in subparagraph 5 of this Agreement) in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). The Individual should complete an insurance continuation election form, which will be furnished to him under separate cover, and timely return it if he wishes to apply to continue his insurance coverage under COBRA.

Appears in 1 contract

Samples: Separation and Release Agreement (Chaparral Energy, Inc.)

Right to Continue Certain Insurance Benefits. The Individual shall have the right to continue after the last day of the month containing the Separation Date his group health, dental, and vision insurance benefits, if any, for himself and his dependents, at his own expense (except as provided in this Agreement below) in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). The Individual should complete an insurance continuation election form, which will be furnished to him under separate cover, and timely return it if he wishes to apply to continue his insurance coverage under COBRA.

Appears in 1 contract

Samples: Separation and Release Agreement (Mind Technology, Inc)

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