Common use of Welfare Benefit Coverage Clause in Contracts

Welfare Benefit Coverage. Subject to Executive’s payment of applicable premiums on the same basis as similarly situated active executives of the Company, continued Welfare Benefit Coverage for Executive and his eligible dependents for a period of two years following the date of Executive’s Covered Termination.

Welfare Benefit Coverage. Subject to Executive’s payment of applicable premiums on the same basis as similarly situated active executives of the Company, continued Welfare Benefit Coverage for Executive and his eligible dependents for a period of two years following (i) the date of Executive’s Covered Termination or (ii) in the case of a Pre-Change in Control Covered Termination, the date of the Change in Control.