Example ContractsClausescobraVariants
Cobra
Cobra contract clause examples

COBRA. The Employee’s group health insurance will cease on October 31, 2020. The Company will pay Employee’s health insurance premium for the plans equaling his current tier/coverage to continue through April 30, 2021, in accordance with the federal Consolidated Omnibus Budget Reconciliation Act.

Employee’s health insurance benefits will cease as of October 31, 2018. Subject to Employee’s right to continue health insurance under COBRA, should Employee elect COBRA within the required period, in lieu of the payment described in [Section 7(a)(ii)] of the Employment Agreement, [[Company:Organization]] agrees to pay the entire cost of the COBRA premiums for a period of twelve (12) months for continued health coverage (i.e., medical, dental and vision as currently offered by Company) for Employee and Employee’s eligible dependents who received health care coverage under Company health care plans as of August 1, 2018. Employee will be responsible for any and all COBRA payments thereafter.

Employee’s health insurance benefits will cease as of November 30, 2018. Subject to Employee’s right to continue health insurance under COBRA, should Employee elect COBRA within the required period, in lieu of the contributory payment described in [Section 7(a)(ii)] of the Employment Agreement, [[Company:Organization]] agrees to pay the entire cost of the COBRA premiums for a period of twelve (12) months for continued health coverage (i.e., medical, dental and vision as currently offered by Company) for Employee and Employee’s eligible dependents who received health care coverage under Company health care plans as of November 1, 2018. Employee will be responsible for any and all COBRA payments thereafter.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.