Common use of Statutory Benefit Rights Clause in Contracts

Statutory Benefit Rights. Nothing in this Separation Agreement is intended to release or waive the Executive’s right to elect continuation of group health plan coverage under the law known as COBRA or unemployment insurance benefits.

Appears in 2 contracts

Samples: Employment Agreement (Brookline Bancorp Inc), Employment Agreement (Boston Private Financial Holdings Inc)

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Statutory Benefit Rights. Nothing in this Separation Agreement is intended to release or waive the Executive’s 's right to elect continuation of group health plan coverage under the law known as COBRA or unemployment insurance benefits. 3.

Appears in 2 contracts

Samples: Employment Agreement (Brookline Bancorp Inc), Employment Agreement (Brookline Bancorp Inc)

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Statutory Benefit Rights. Nothing in this Separation Agreement is intended to release or waive the Executive’s 's right to elect continuation of group health plan coverage under the law known as COBRA or unemployment insurance benefits. 3. Ongoing Obligations of the Executive. As a condition of receiving the payments and benefits pursuant to Section 5 or 6 of the Employment Agreement, the Executive hereby reaffirms that he remains subject to the Continuing Obligations. 4.

Appears in 1 contract

Samples: Employment Agreement (Brookline Bancorp Inc)

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