Health Care and Other Welfare Benefits. The Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for 18 months after the Date of Termination provided that the Participant makes an election to continue such coverage in the Company’s medical and dental employee benefit plans under COBRA, subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for an additional period of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits provided by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility.
Health Care and Other Welfare Benefits. The Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for 18 months after the Date of Termination provided that the Participant timely makes an election to continue such coverage in the Company’s medical and dental employee benefit plans under COBRA, subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for an additional period of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits provided by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility. If the Participant does not timely elect COBRA coverage, the Participant shall not be entitled to the COBRA continuation benefit under this [Section 5.4] of the Plan.
Health Care and Other Welfare Benefits. The Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for 18 months after the Date of Termination provided that the Participant makes an election to continue such coverage in the Company’s medical and dental employee benefit plans under COBRA, subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for an additional period of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits provided by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility. If the Participant does not timely elect COBRA coverage, the Participant shall not be entitled to the COBRA continuation benefit under this [Section 5.4] of the Plan.
Health Care and Other Welfare Benefits. TheAs long as Employee pays the full monthly premiums for COBRA coverage , the Company shall pay the cost of theprovide Employee and, as applicable, Employee's eligible dependents with continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans forcoverage, on the same basis as provided ’s active executives and their dependents until the earlier of: # the greater of 18 months after the Date of Termination provided thator the Participant makes an election to continue such coverage inlongest time period as permitted by applicable law as of the Company’sDate of Termination based on the underlying reason for discontinuation of employment; or # the date Employee is first eligible for medical and dental employee benefit plans under COBRA, subject tocoverage (without pre-existing condition limitations) with a subsequent employer. In addition, as soon as practicable, but not later than the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter,sixty-fifth (65th) day after the Date of Termination, the Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’sEmployee a lump sum cash payment equal to eighteen monthly medical and dental COBRA premiums based on the level of coverage in effect for the Employee (e.g., employee benefit plans for an additional periodonly or family coverage) on the Date of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits provided by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility.Termination.
Health Care and Other Welfare Benefits. The Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’sIf Employee elects to continue medical and dental employee benefit plans for 18 months afterinsurance following the Transition Date of Termination provided that the Participant makes an election to continue such coverage in the Company’s medical and dental employee benefit plans under COBRA, subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall continue to pay the costemployer-paid portion of the continued coverage of the Participant and/or the Participant’s family under the Company’s medicalEmployee’s, and dental employee benefit plansas applicable, his dependents’ COBRA premiums for an additionala period of six months,twelve (12) months following the Transition Date; provided, however, that in the caseevent Employee becomes eligible for substantially equivalent health insurance coverage in connection with new employment or self-employment, such subsidization of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits providedCOBRA continuation coverage by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility.immediately cease.
Health CareIf you elect COBRA Continuation Coverage, you shall continue to participate in all medical, dental and Other Welfare Benefits. The Companyvision insurance plans you were participating in on the termination date, and the Corporation shall pay the entire applicable premium. During the COBRA Continuation Period, you shall be entitled to benefits on substantially the same basis and cost ofas would have otherwise been provided had you not separated from service. To the continued coverage of the Participant and/or the Participant’s familyextent that such benefits are available under the Company’sabove-referenced benefit plans and you had such coverage immediately prior to termination of employment, such continuation of benefits for you shall also cover your dependents for so long as you are receiving benefits under this [Section 5]. The COBRA Continuation Period for medical and dental employee benefit plansinsurance under this [Section 5(i)] shall be deemed to run concurrent with the continuation period federally mandated by COBRA (generally 18 months), or any other legally mandated and applicable federal, state, or local coverage period for 18 months afterbenefits provided to terminated employees under the Datehealth care plan. For purposes of Termination provided thatthis Agreement, # COBRA means the Participant makes an election to continue such coverage inConsolidated Omnibus Budget Reconciliation Act of 1985, as amended, and # COBRA Continuation Period shall mean the Company’scontinuation period for medical and dental employee benefit plansinsurance to be provided under COBRA, subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter,terms of this Agreement which shall commence on the Company shall pay the costfirst day of the continued coveragecalendar month following the month in which the date of the Participant and/or the Participant’s family under the Company’s medicalyour termination falls and dental employee benefit plansgenerally shall continue for an additional period of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits provided by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility.month period.
Health CareProvided you validly elect continuation of your medical and Other Welfare Benefits. The Company shall pay the costdental coverage under Section 4980B(f) of the continuedInternal Revenue Code of 1986 (the “Code”) (relating to coverage under the Consolidated Omnibus Budget Reconciliation Act of the Participant and/or the Participant’s family1985 (“COBRA”)), your coverage and participation under the Company’s medical and dental employee benefit plans for 18and programs in which you were participating immediately prior to your termination of employment pursuant to this paragraph 11, shall continue at no cost to you (except as set forth below) until the earlier of # the end of the Contract Period, but in no event less than twelve (12) months after the Datetermination of Termination providedyour employment, and # the date on which you become eligible for medical and/or dental coverage from another employer; provided, that, during the period that the Participant makesCompany provides you with this coverage, an electionamount equal to the total applicable COBRA cost (or such other amounts as may be required by law) will be included in your income for tax purposes and the Company may withhold taxes from your termination payments for this purpose; and provided, further, that you may elect to continue such coverage in the Company’syour medical and dental employee benefit planscoverage under COBRA, subject toCOBRA at your own expense for the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall pay the costbalance, if any, of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for an additional period of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits providedrequired by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility.law;
Health CareProvided that you elect and Other Welfare Benefits. The Company shall pay the cost of the continuedremain eligible for COBRA continuation coverage of the Participant and/or the Participant’s family under the Company’Company's medicalMedical, Prescription, Dental and dental employee benefit plansVision insurance programs, such continuation coverage will be provided on a Company-paid basis for 18 months after the Date of Termination provided that the Participant makes an election to continue such coverage in the Company’s medical and dental employee benefit plans under COBRA, subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plansyou (and your eligible dependents) for an additionala period of six months, in12 months from the casedate of a [Schedule A] Participant, or 18 months, inyour termination. Thereafter, any further COBRA continuation coverage for you (and your eligible dependents) will be provided at the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and is eligible to receive medical or dental benefits under another employer provided plan, the medical and dental benefits provided by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility.normal COBRA cost.
Health Carethe same level of Company-paid health (i.e., medical, vision and Other Welfare Benefits.dental) coverage and benefits for such coverage as in effect for the Employee (and any eligible dependents) on the day immediately preceding the Employee’s Termination Date; provided, however, that # the Employee constitutes a qualified beneficiary, as defined in Section 4980B(g)(1) of the Internal Revenue Code of 1986, as amended (the “Code”); and # Employee elects continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), within the time period prescribed pursuant to COBRA. The Company shall paycontinue to provide Employee with such Company-paid coverage on a monthly basis following the costTermination Date until the earlier of # the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for 18 months after the Date of Termination provided that the Participant makes an election to continue such coverage in the Company’s medical and dental employee benefit plans under COBRA, subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plans for an additional period of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant,date Employee (and his/her eligible dependents) is no additional period beyond the initial 18 months); provided however, that if the Participant becomes re-employed with another employer and islonger eligible to receive medicalcontinuation coverage pursuant to COBRA, or dental benefits under another employer provided plan,# twelve (12) months from the medical and dental benefits provided by the Company under this Plan shall be secondary to those provided under such other plan during the applicable period of eligibility.Termination Date.
Health Care and Other Welfare Benefits. The Company shall payFor a period of two (2) years after the cost of the continued coverage of the Participant and/or the Participant’Executive's family under the Company’s medical and dental employee benefit plans for 18 months after the Date of Termination (such period of time is referred to herein as the "Benefit Period"), the Company shall, to the extent permitted by the terms and conditions of any relevant plan, program or policy, continue paying its normal portion of Executive's medical, dental and health insurance premiums pursuant to the provisions of the Consolidated Omnibus Budget Reconciliation Act ("COBRA"), provided that the Participant makes an electionExecutive first timely elects to continue such coverage in the Company’s medical and dental employee benefit plans under COBRA, and subject to the requirements and limitations thereof. Unless otherwise limited by applicable law, thereafter, the Company shall pay the cost of the continued coverage of the Participant and/or the Participant’s family under the Company’s medical and dental employee benefit plansany federal COBRA premium subsidies (if any) for an additional period of six months, in the case of a [Schedule A] Participant, or 18 months, in the case of a [Schedule B] Participant (for a [Schedule C] Participant, no additional period beyond the initial 18 months); providedwhich Executive may be eligible; provided, however, that if the ParticipantExecutive becomes re-employedreemployed with another employer and is eligible to receive medical or dentalother welfare benefits under another employer provided plan, the medical and dentalother welfare benefits provided by the Company under this Plandescribed herein shall be secondary to those provided under such other plan during thesuch applicable period of eligibility. Additionally, during the Benefit Period, the Company will also continue Employee's life insurance and disability coverage and other benefits (other than the medical and other welfare benefits covered by the foregoing sentence) under the plans, programs, practices and policies described in [Section 4(b)(iv)] above, to the extent permitted under such applicable plans, programs, practices and policies, and will pay to the Employee the fringe benefits pursuant to [Section 4(b)(vi)] which have accrued prior to the Date of Termination.
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