Common use of Welfare Benefits Clause in Contracts

Welfare Benefits. (a) During the period that Company is obligated to pay Executive severance pay pursuant to Section 1(a) above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined below) under any plan maintained by any entity employing Executive after Executive’s employment with the Company terminates, Company shall provide to Executive (and his/her spouse and other qualified dependents) all Welfare Benefits that Company provided to Executive (and his/her spouse and qualified dependents) immediately prior to the Change in Control. For purposes of this Agreement, the term “Welfare Benefits” shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiary. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a), the Company shall pay Executive’s cost of comparable replacement coverage. (b) If prior to the Change in Control Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control in order to receive such Welfare Benefit.

Welfare Benefits. (a) During the period that Company is obligated to pay Executive severance pay pursuant to Section 1(a) above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined below) under any plan maintained by any entity employing Executive after Executive’s 's employment with the Company terminates, Company shall provide to Executive (and his/her spouse and other qualified dependents) all Welfare Benefits that Company provided to Executive (and his/her spouse and qualified dependents) immediately prior to the Change in Control. For purposes of this Agreement, the term “"Welfare Benefits” " shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiary. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s 's obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a), the Company shall pay Executive’s 's cost of comparable replacement coverage. (b) If prior to the Change in Control Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control in order to receive such Welfare Benefit.

Welfare Benefits. (a) During the period that Company is obligated to pay Executive severance pay pursuant to Section 1(a) above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined below) under any plan maintained by any entity employing Executive after Executive’s 's employment with the Company terminates, Company shall provide to Executive (and his/her his spouse and other qualified dependents) all Welfare Benefits that Company provided to Executive (and his/her his spouse and qualified dependents) immediately prior to the Change in Control. For purposes of this Agreement, the term “"Welfare Benefits” " shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiary. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s 's obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company Company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) ), and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a), the Company shall pay Executive’s 's cost of comparable replacement coverage. (b) If prior to the Change in Control Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control in order to receive such Welfare Benefit.

Welfare Benefits. (a) During For a period of twelve (12) months following the period that Company is obligated to pay Executive severance pay pursuant to Section 1(a) above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined below) under any plan maintained by any entity employing Executive after termination of Executive’s employment with Xxxxxx Savings under circumstances qualifying Executive for a severance payment under Section 3 above (including the Company terminatessigning of a Separation Agreement and Release), Company Xxxxxx Savings shall provide to Executive (and his/her Executive’s spouse and other qualified dependents) all Welfare Benefits at Xxxxxx Savings’ expense that Company Xxxxxx Savings provided to Executive at Xxxxxx Savings’ expense (and his/her Executive’s spouse and qualified dependents) immediately prior to the Change in Control. For purposes termination of this Agreement, the term “Welfare Benefits” shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a SubsidiaryExecutive’s employment. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s Xxxxxx Savings’ obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company Xxxxxx Savings shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) Subsection 4(a), and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(aSubsection 4(a), the Company Xxxxxx Savings shall pay Executive’s cost of comparable replacement coverage. (b) If prior to the Change in Control termination of Executive’s employment, Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control while employed in order to receive such Welfare Benefit.

Welfare Benefits. (a) During the period that Company is obligated to pay Executive severance pay salary continuation as a result of a Change in Control pursuant to Section 1(a2(a) above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined below) under any plan maintained by any entity employing Executive after Executive’s 's employment with the Company terminates, Company shall provide to Executive (and his/her his spouse and other qualified dependents) all Welfare Benefits that Company provided to Executive (and his/her his spouse and qualified dependents) immediately prior to the Change in Control. For purposes of this Agreement, the term “Welfare Benefits” shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiary. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s 's obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company Company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) 3(a), and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a3(a), the Company shall pay Executive’s 's cost of comparable replacement coverage. (b) If prior to the Change in Control Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control in order to receive such Welfare Benefit.

Welfare Benefits. (a) During the period that Company is obligated to pay Executive severance pay pursuant to Section 1(a) above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined below) under any plan maintained by any entity employing Executive after Executive’s employment with the Company terminates, Company shall provide to Executive (and his/her spouse and other qualified dependents) all Welfare Benefits that Company provided to Executive (and his/her spouse and qualified dependents) immediately prior to the Change in Control. For purposes of this Agreement, the term “Welfare Benefits” shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiary. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) ), and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a), the Company shall pay Executive’s cost of comparable replacement coverage. (b) If prior to the Change in Control Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control in order to receive such Welfare Benefit.

Welfare Benefits. (a) During the period that the Company is obligated to pay Executive severance pay salary continuation pursuant to Section 1(a) 2 above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined belowabove) under any plan maintained by any entity employing Executive after Executive’s employment with the Company terminates, Company shall provide to Executive (and his/her his spouse and other qualified dependents) all Welfare Benefits at Company expense that Company provided to Executive at Company expense (and his/her his spouse and qualified dependents) immediately prior to the Change in Control. For purposes termination of this Agreement, the term “Welfare Benefits” shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiaryhis employment. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company Company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) 3(a), and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a3(a), the Company shall pay Executive’s cost of comparable replacement coverage. (b) If prior to the Change in Control termination of his employment Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control while employed in order to receive such Welfare Benefit.

Welfare Benefits. (a) During the period that the Company is obligated to pay Executive severance pay salary continuation pursuant to Section 1(a) 2 above, or, if sooner, until Executive is entitled to Welfare Benefits (as defined belowabove) under any plan maintained by any entity employing Executive after Executive’s 's employment with the Company terminates, Company shall provide to Executive (and his/her his spouse and other qualified dependents) all Welfare Benefits at Company expense that Company provided to Executive at Company expense (and his/her his spouse and qualified dependents) immediately prior to the Change in Control. For purposes termination of this Agreement, the term “Welfare Benefits” shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiaryhis employment. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company’s 's obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company Company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) 3(a), and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a3(a), the Company shall pay Executive’s 's cost of comparable replacement coverage. (b) If prior to the Change in Control termination of his employment Executive was required to contribute towards the cost of a Welfare Benefit as a condition of receiving such Welfare Benefit, the Executive may be required to continue contributing towards the cost of such Welfare Benefit under the same terms and conditions as applied to the Executive immediately prior to the Change in Control while employed in order to receive such Welfare Benefit.