Continuation Coverage Period definition

Continuation Coverage Period means the applicable time period for which Continuation Coverage may be elected.
Sample 1Sample 2Sample 3
Continuation Coverage Period means the period commencing on the date of a Qualifying Event and continuing for the maximum period specified in COBRA.
Sample 1Sample 2Sample 3
Continuation Coverage Period means (1) with respect to a Level One Covered Individual (as defined in Section 2.1(k)), thirty-six (36) months, (2) with respect to a Level Two Covered Individual (as defined in Section 2.1(k)), thirty (30) months, (3) with respect to a Level Three Covered Individual (as defined in Section 2.1(k)), eighteen (18) months, and (4) with respect to a Level Four Covered Individual (as defined in Section 2.1(k)), twelve (12) months.
Sample 1Sample 2

Examples of Continuation Coverage Period in a sentence

  • The COBRA Continuation Coverage Period under section 4980B of the Code shall run concurrently with the Severance Period.

  • The right to reimbursement and the coverage provided pursuant to this Section 5.05 shall terminate prior to the end of the Continuation Coverage Period if the Executive is eligible to receive benefits under another employer-provided or group plan (which plan may be the plan of his new employer or his spouse’s employer) substantially comparable to the benefits provided by the Company Health Care Plan.

  • The Continuation Coverage Period shall cease prior to the end of the eighteenth (18th) month of such period in the event the Executive becomes covered under health insurance coverage of a subsequent employer which does not contain any exclusion or limitation with respect to any preexisting condition of the Executive or the Executive’s eligible dependents.

  • The COBRA health care continuation coverage period under Section 4980B of the Code, or any replacement or successor provision of United States tax law, will run concurrently with the Continuation Coverage Period.

  • During the Continuation Coverage Period, the Company shall reimburse the Executive for the difference between the monthly premium amount actually paid by the Executive pursuant to this Section 5.05 and the monthly premium amount paid by active employees for the same level of coverage under the Company Health Care Plan.

  • The Company shall be responsible for the payment of the employee portion of the required medical and dental contributions with respect to such coverage during the COBRA Continuation Coverage Period.

  • The COBRA Continuation Coverage Period under section 4980B of the Internal Revenue Code shall run concurrently with the Salary Continuation Period.

  • Notwithstanding the foregoing, any payments or benefits that the Executive receives during the Continuation Coverage Period shall (i) be paid no later than the last day of the Executive’s tax year following the tax year in which the expense was incurred, (ii) not be affected by any other expense eligible for reimbursement in a tax year, and (iii) not be subject to liquidation or exchange for another benefit.

  • I understand that if, by June 30, 2009, or upon my becoming eligible for healthcare benefits with a new employer, I elect to continue health or dental benefits for the remainder of the COBRA Continuation Coverage Period, I will be responsible for the full cost of such health or dental coverage at the premiums and rates charged by the Company’s coverage providers during the remainder of the COBRA Continuation Coverage Period.

  • During the Continuation Coverage Period, the Company will continue to pay on behalf of the Executive that portion of the monthly premium it pays on behalf of active employees for the same level of coverage elected by the Executive.


More Definitions of Continuation Coverage Period

Continuation Coverage Period means the applicable time period for whichContinuation Coverage may be elected.
Sample 1
Continuation Coverage Period means, with respect to each Covered Individual, the period of time equal to the severance period upon which the lump sum cash payment provided pursuant to Section 4.1(a) was based.
Sample 1
Continuation Coverage Period means, with respect to each Participant, a period of time equal to the number of full and partial Years of Service upon which such Participant's lump sum cash payment provided pursuant to Section III.A.(a) hereof was based, subject to a minimum of four months and a maximum of 12 months.
Sample 1

Related to Continuation Coverage Period

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Continuation Period shall have the meaning set forth in Section 6.9(a).

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • COBRA Continuation Period means the continuation period for medical and dental insurance to be provided under the terms of this Agreement which shall commence on the first day of the calendar month following the month in which the date of termination falls and generally shall continue for an 18 month period.

  • The Coverage Period means the Days of the Week and the hours of those Days during which maintenance, operational, and/ or technical support services (if any) must be available.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • COBRA continuation provision means any of the following:

  • COBRA Period means the period beginning on the Date of Termination and ending on the first anniversary thereof.

  • Extended benefit period means a period which:

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • insurance period means a contribution period or an equivalent period;

  • COBRA Coverage means continuation coverage required under Section 4980B of the Code and Part 6 of Title I of ERISA.

  • Severance Term means the twelve (12) month period following Employee’s termination by the Company without Cause (other than by reason of death or Disability) or by Employee for Good Reason.

  • Health Coverage means that if Key Employee elects to continue coverage for himself or his eligible dependents under the Company’s group health plans pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), during the twelve-month period commencing on the date of Key Employee’s termination of employment from the Company (the “Severance Period”), then throughout the Severance Period the Company shall promptly reimburse Key Employee on a monthly basis for the difference between the amount Key Employee pays to effect and continue such coverage and the employee contribution amount that active senior employees pay for the same or similar coverage under Company’s group health plans. Further, if after the Severance Period Key Employee continues his COBRA coverage and Key Employee’s COBRA coverage terminates at any time during the eighteen-month period commencing on the day immediately following the last day of the Severance Period (the “Extended Coverage Period”), then the Company shall provide Key Employee (and his eligible dependents) with health benefits substantially similar to those provided under its group health plans for active employees for the remainder of the Extended Coverage Period at a cost to Key Employee that is no greater than the cost of COBRA coverage; provided, however, that the Company shall use its reasonable efforts so that such health benefits are provided to Key Employee under one or more insurance policies (or such other manner) so that reimbursement or payment of benefits to Key Employee thereunder shall not result in taxable income to Key Employee. Notwithstanding the preceding provisions of this paragraph, the Company’s obligation to reimburse Key Employee during the Severance Period and to provide health benefits to Key Employee during the Extended Coverage Period shall immediately end if and to the extent Key Employee becomes eligible to receive health plan coverage from a subsequent employer (with Key Employee being obligated hereunder to promptly report such eligibility to the Company).

  • Pay Period means a two (2) calendar week period beginning on a Sunday and ending on the second Saturday thereafter.

  • Post-Employment Period means the eighteen month period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 8.2 is held to be unreasonable, arbitrary or against public policy, such covenant shall be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, shall be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive shall, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identify of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

  • Coverage Term means the increment of time:

  • Dependents means dependents as defined in the Internal Revenue Code and as claimed in the taxpayer's federal income tax return for the taxable year or which the taxpayer would have been permitted to claim had the taxpayer filed a federal income tax return.

  • Dental means of or relating to the teeth and the work of a dentist.

  • Extended benefits means benefits (including benefits payable to Federal civilian employees and to ex‑servicemen pursuant to 5 U.S.C. Chapter 85) payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).