Xxxxxxxx Benefits. 1. An employee on furlough will continue to have employee pass privileges for 6 months beginning with the effective date of the furlough.
2. While an employee is on layoff status, medical and dental benefits will continue for the employee and their dependents for a minimum of 90 days or until the end of the month in which pay or pay continuation ceases, whichever is greater, provided the employee pays the Required Monthly Contribution.
Xxxxxxxx Benefits. 5.1 BioMarin shall reimburse Xxxxxxx for the use of his personal automobile(s) for BioMarin-related activities, and Xxxxxxx shall maintain written records of such use and shall be reimbursed at standard mileage rates acceptable to the Internal Revenue Service payable to him as a result of such personal use.
5.2 BioMarin shall provide Xxxxxxx with term life insurance, payable as directed by Xxxxxxx, in the amount of twice his annual compensation, but in no case less than $360,000.00, and shall provide Xxxxxxx and his dependents with coverage under the Company's health insurance policy.
5.3 If Xxxxxxx, in the opinion of a licensed medical doctor, becomes mentally or physically incapacitated to the extent that he is unable to discharge his employment duties under this Agreement for a period of six months or more, BioMarin shall continue to provide Xxxxxxx, for a period ending six months from the determination of incapacity, or until the end of the term of this Agreement if earlier, with his compensation as set out in Paragraph 4.1.
5.4 If Xxxxxxx dies during the term of this Agreement, BioMarin shall continue to pay, for six months following Xxxxxxx'x death, or until the end of the term of this Agreement if earlier, Xxxxxxx'x compensation, as set out in Paragraph 4.1 of this Agreement, to Xxxxxxx'x surviving spouse, if there is one, or, if not, to the executor or administrator of Xxxxxxx'x estate. BioMarin shall pay any sums owed to Xxxxxxx as of the date of his death to the executor or administrator of his estate.
5.5 Xxxxxxx shall be entitled to such vacation time each year as BioMarin provides to its other management employees, on the same terms and conditions.
Xxxxxxxx Benefits.
1. A furloughed Employee will be issued a furlough identification card containing the Employee’s name and date of furlough. The issuance of a furlough ID card will not entitle furloughed Employees to benefits any greater than those specifically provided in this Agreement.
2. A furloughed Employee will retain his accrued sick leave, but will not accrue sick leave while on furlough.
3. The continuation of an Employee’s benefits beyond his furlough date will be governed by applicable state or federal laws, except an Employee will continue to be eligible for Company-related insurance programs for a period of four months.
a) At any time, the Employee will be allowed to pay premiums at the applicable COBRA rate for a period of up to 18 additional months.
4. A furloughed Employee will continue to have access to SWALife for 18 months.
5. A furloughed Employee will retain space available pass privileges on the Company route system for a period of 24 months.
Xxxxxxxx Benefits
