The Extension of Medical Benefits Sample Clauses

The Extension of Medical Benefits. Until the earlier to occur of (A) the expiration of twelve (12) months after the Date of Termination, (B) the date the Executive first becomes eligible to receive health benefits under another employer-provided plan after the Date of Termination, or (C) the death of the Executive, the Company shall, via proper COBRA election by the Executive, continue medical and dental benefits to the Executive (and, if applicable, to the spouse and dependents of the Executive who received such benefits under the Executive’s coverage immediately prior to the Date of Termination) equal to those that were in effect for the Executive as of the Date of Termination (and to any such dependent) in accordance with the plans, programs, practices and policies of the Company had the Executive remained actively employed, provided that the Executive makes all required COBRA payments to the Company, and the Company shall immediately reimburse the Executive for each such COBRA payment (collectively, the “Continuation of Benefits”). Executive shall remain liable for any portion of such premiums for which he was liable as of the Date of Termination.
Sample 1Sample 2Sample 3See All (10)
AutoNDA by SimpleDocs
The Extension of Medical Benefits. Until the earlier to occur of (A) the expiration of eighteen (18) months after the Date of Termination, (B) the date Xx. Xxxxxx first becomes eligible to receive health benefits under another employer-provided plan after the Date of Termination, or (C) the death of Xx. Xxxxxx, the Company shall, via proper COBRA election by Xx. Xxxxxx, continue medical and dental benefits (and, if applicable, to the spouse and dependents of Xx. Xxxxxx who received such benefits under his coverage immediately prior to the Date of Termination) equal to those that were in effect for Xx. Xxxxxx as of the Date of Termination (and to any such dependent) in accordance with the plans, programs, practices and policies of the Company had Xx. Xxxxxx remained actively employed, provided that Xx. Xxxxxx makes all required COBRA payments to the Company, and the Company shall immediately reimburse Xx. Xxxxxx for each such COBRA payment (collectively, the “Continuation of Benefits”). Xx. Xxxxxx shall remain liable for any portion of such premiums for which he was liable as of the Date of Termination.
Sample 1
The Extension of Medical Benefits. Until the earlier to occur of (A) the expiration of eighteen (18) months after the Date of Termination, (B) the date Xx. Xxxxxx, Jr. first becomes eligible to receive health benefits under another employer-provided plan after the Date of Termination, or (C) the death of Xx. Xxxxxx, Jr., the Company shall, via proper COBRA election by Xx. Xxxxxx, Jr., continue medical and dental benefits (and, if applicable, to the spouse and dependents of Xx. Xxxxxx, Jr. who received such benefits under his coverage immediately prior to the Date of Termination) equal to those that were in effect for Xx. Xxxxxx, Jr. as of the Date of Termination (and to any such dependent) in accordance with the plans, programs, practices and policies of the Company had Xx. Xxxxxx, Jr. remained actively employed, provided that Xx. Xxxxxx, Jr. makes all required COBRA payments to the Company, and the Company shall immediately reimburse Xx. Xxxxxx, Jr. for each such COBRA payment (collectively, the “Continuation of Benefits”). Xx. Xxxxxx, Jr. shall remain liable for any portion of such premiums for which he was liable as of the Date of Termination.
Sample 1

Related to The Extension of Medical Benefits

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Extension of Benefits Upon termination of insurance, whether due to termination of eligibility, or termination of the Contract, an extension of benefits shall be provided for a period of no less than 30 days for completion of a dental procedure that was started before Your coverage ended.

  • Additional Benefits During the term of this Agreement, the Employee shall be entitled to the following fringe benefits:

  • Educational Benefits The Employer agrees to provide educational benefits to employees that are in permanent status as of the first day of the quarter they are registering in accordance with the Employer’s space-available tuition waiver policy and employee 50% operating fee tuition waiver policy, to include:

  • Optional Benefits Optional Group Life Insurance

  • Exclusive Benefits Except as expressly provided in this Section 4 and subject to Section 5 hereof, the Executive shall not be entitled to any additional payments or benefits upon or in connection with the Executive’s termination of employment.

  • SUPPLEMENTAL BENEFITS The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations in regard to maternity, parental and adoption leave. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Articles 17.06, 17.07 or 17.08.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!