COBRA Participants definition

COBRA Participants has the meaning set forth in Section 4.04 of this Agreement.
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COBRA Participants shall have the meaning set forth in Section 1.2(e). “Code” shall have the meaning set forth in the Merger Agreement. “Day-One HR Plan” shall have the meaning set forth in Section 2.5. “Day-One HR Readiness” shall have the meaning set forth in Section 2.5. “Designated Cash Incentive Programs” shall mean all cash incentive programs in which Spinco Employees participate and which have performance periods of one (1) year or less (including annual bonuses for 2024) that are set forth on Schedule 3.1. “Distribution” shall have the meaning set forth in the Separation Agreement. “Distribution Date” shall have the meaning set forth in the Separation Agreement. “Distribution Effective Time” shall have the meaning set forth in the Separation Agreement. “Employee Representative Body” means any union, works council or other agency or representative body certified or otherwise recognized for the purposes of bargaining collectively or established for the purposes of notification of or consultation on behalf of any employees. “ERISA” means the Employee Retirement Income Security Act of 1974 and the regulations promulgated thereunder. “FSA Participants” shall have the meaning set forth in Section 5.1. “Gaming Holdco” shall have the meaning set forth in the Preamble. “Governmental Authority” shall have the meaning set forth in the Separation Agreement. “Group” shall have the meaning set forth in the Separation Agreement. “HR Data Migration” shall have the meaning set forth in Section 2.5.
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COBRA Participants means former employees of Sellers (and, if applicable, their eligible dependents) who are eligible to receive COBRA continuation coverage during the Sellers Employee and Plans Services Transition Period.
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Examples of COBRA Participants in a sentence

  • In lieu of COBRA, Participants may continue their coverage through the end of the current Plan Year by paying those premiums out of their last paycheck on a pre-tax basis.

  • COBRA Participants may add newborns, a new Spouse, and adopted children (or children placed for adoption) as covered Dependents in accordance with the Plan’s Eligibility and enrollment rules, including the Plan’s special enrollment rules.

  • Subject to Section 7.1 and Subscriber's reimbursement obligation (as set forth below), upon termination of this Agreement, NovaCare shall administer COBRA Coverage for each Worksite Employee, former Worksite Employee, their dependents and any individual entitled to COBRA Coverage under the preceding sentence (collectively, the "COBRA Participants") who are eligible for such coverage.

  • Under the provisions of the Consolidated Omnibus Budget Reconciliation Act (COBRA) Participants may qualify for continued coverage under this Plan for a specified period of time after coverage would normally terminate.

  • The TPA will bill COBRA Participants for the premiums as designated by Plan Sponsor and in accordance with applicable law.

  • The TPA will send a reminder notice to Qualified Beneficiaries and COBRA Participants whose premium payment has not been received on or about the twentieth day of the month.

  • The TPA will inform COBRA Participants under the Plan of any changes in benefits, eligibility requirements, or premiums of the Plan.

  • Under COBRA, Participants (or their Dependents) must elect COBRA coverage within 60 calendar days from the Qualifying Event, or, if later, 60 calendar days after you are provided with a notice of your right to elect COBRA coverage.

  • If applicable, the TPA shall provide notices to eligible COBRA Participants of their rights to obtain conversion coverage.

  • Box D ONLYParticipant counts should equal the total number of self‐insured Health Plan Participants* on the first day of each quarter during the Plan Year.Count each Health Plan Participant with self‐only coverage and then add to that the number of Participants with otherthan self‐only coverage multiplied by 2.35*Include all COBRA Participants in your count but do not include any spouses or dependents that may be covered under the Plan.


More Definitions of COBRA Participants

COBRA Participants shall have the meaning set forth in Section 1.2(e).
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COBRA Participants shall have the meaning set forth in 7.12(g) hereof.
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COBRA Participants has the meaning set forth in Section 8.10(c). “Code” means the Internal Revenue Code of 1986, as amended. “Company” has the meaning set forth in the introductory paragraph. “Company Confidential Information” has the meaning set forth in Section 8.4(a)(ii). “Company Employee Benefit Plan” means each Employee Benefit Plan that is maintained or sponsored by each Company. “Company Entity” means the Companies and the Sellers (exclusively with respect to the Business). “Company Owned Intellectual Property” means (a) all Intellectual Property owned by a Company and (b) all Intellectual Property owned by a Seller that is used exclusively in connection with the Business as currently conducted, including, in the case of clauses (a) and (b), the items listed in Section 1.1(i) of the Disclosure Letter and Section 3.10(b) of the Disclosure Letter. “Company IT Assets” means all Software, systems, servers, computers, hardware, firmware, middleware, networks, data communications lines, routers, hubs, switches, and all other information technology equipment, and all associated documentation, in each case, that is (a) owned by a Company or contained on a device that constitutes a fixed asset set forth on Section 3.7(d) of the Disclosure Letter or (b) owned by a Seller that is used exclusively in connection with the Business as currently conducted, including, in the case of clauses (a) and (b), the items listed in Section 1.1(ii) of the Disclosure Letter. “Consolidated Returns” means any and all Tax Returns of the Seller Group.
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Related to COBRA Participants

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Participants is defined in Section 12.2.1.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • SERP Benefit means the benefit described in Section 5.1.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Public employees retirement system means the retirement plan and program

  • Designated Employees means a person occupying any of the following position in the Company: