Benefits Period means a period, commencing on the date that the Executive's employment with the Corporation and all of its Subsidiaries terminates and ending on the earlier of (a) the end of the initial Post-Employment Restriction Period and (b) the date that the Executive commences other employment or any consulting arrangement. The amount of the monthly payments shall be equal to one-twelfth (1/12) of the Executive's annual base compensation as in effect on the date of termination during the Benefits Period and 50% of such amount thereafter until the end of the initial Post-Employment Restriction Period determined by this Paragraph 26c.

Benefits Period shall have the meaning set forth in Paragraph 26.

Examples of Benefits Period in a sentence

The Executive shall be required to make contributions for health plan participation during the Continuation of Health Benefits Period that are substantially equal to the contributions required of active employed executives of the Company.
Only Identity Theft incidents that are discovered and reported during the Benefits Period will be covered by the Services.
Downloaded on 2/29/2024 2:34:34 PM.This article is licensed under a Creative Commons Attribution 3.0 Unported Licence.From the inset of Fig.
In addition, the benefits described in Section 6(e)(iii) shall be continued until the earlier of (x) six (6) months after the end of the Termination Benefits Period or (y) such time that Employee obtains any of the coverages or benefits described in Section 6(e)(iii) pursuant to a subsequent employer’s benefit plans.The Termination Benefits set forth in (i) through (iv) above shall continue so long as Employee is in compliance with Employee’s Continuing Obligations under this Agreement.
Payments of the foregoing severance benefits amounts will be paid over the Termination Benefits Period in pro rata installments in accordance with our payroll practices.

More Definitions of Benefits Period

Benefits Period shall have the meaning set forth in Section 6.1(I) hereof.

Benefits Period means the number of months equal to the product of twelve (12) multiplied by the Severance Multiple for the applicable Participant.

Benefits Period means that period of time beginning on the day after the Executive's last day of employment with the Corporation and ending on the earlier of (a) the end of his Severance Period or (b) the date on which the Executive becomes eligible for benefits in connection with his acceptance of a position with another company. Nothing contained in this section shall be deemed to affect the Executive's right to purchase extended medical or other coverages under the Consolidated Omnibus Budget Reconciliation Act ("COBRA") or any other similar rule, regulation or statute binding upon the Corporation. The Corporation and Executive agree that the commencement date of any period during which the Executive is entitled to purchase extended medical or other coverage under COBRA shall be the date immediately following the end of his Severance Period.

Benefits Period has the meaning assigned to such term in Section 5.2(c).

Benefits Period means a period, commencing on the date that the Executive's employment with the Company and the Subsidiaries terminates and ending on the earlier of (a) the end of the initial Post-Employment Restriction Period and (b) the date that the Executive commences other employment or any consulting arrangement. The amount of the monthly payments shall be equal

Benefits Period means (1) with respect to Craig Muhlhauser, three years, and (2) with respect to each other Category A Employee, two years.

Benefits Period means period over which the benefits of the market trial or the promotional offer is received by the Consumer;