Benefit Continuation Period definition

Benefit Continuation Period shall have the meaning set forth in Section 5(b).

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.

Benefit Continuation Period means 36 consecutive months after a Severance Payment Event.

Examples of Benefit Continuation Period in a sentence

• Regular backups shall be taken at DRC which shall serve the purpose of offsite storage.

• I recognise this change in wording between the versions of the Frameworks and the use of the previous wording in DP12.

• The Executive shall receive such continued coverage under the same terms and conditions (e.g., any requirement that employees pay all or any portion of the cost of such coverage) that would apply if Executive had continued to be an employee of the Company during the Welfare Benefit Continuation Period.

• Eligible Level V Employees: 6 months Notwithstanding the foregoing, to the extent that an Eligible Level I Employee is otherwise entitled, under a written employment agreement entered into prior to the Effective Date, to a longer Welfare Benefit Continuation Period and/ or more beneficial welfare benefits than that described in this Section 2.5, such employment agreement will supersede and govern any inconsistency with this Section 2.5 (without duplication of benefits).

• The Executive and the Company agree that the continuation of benefits under the Hyatt Welfare Plans during the Benefit Continuation Period is in addition to and not concurrent with the requirements of COBRA.

More Definitions of Benefit Continuation Period

Benefit Continuation Period means the period beginning on the Date of Termination and ending on the earliest to occur of (i) the last day of the Multiplier Period, (ii) the date that you and your dependents are eligible for coverage under the plans of a subsequent employer and (iii) the last day of the month, if any, in which you deliver notice to the Company that you are exercising your right in accordance with the definition of Restricted Period in Section 8 to cease receiving Severance Payments under this Agreement.

Benefit Continuation Period means, in connection with your Involuntary Termination, the period beginning on the Date of Termination and ending on the earliest to occur of (A) the end of the Severance Period or Sale Severance Period, as applicable, (B) the date you are eligible to be covered under the benefit plans of a subsequent employer and (C) the date of your breach of any provision of Section 6 hereof.

Benefit Continuation Period means the 30 month period immediately following the date of the Qualifying Event.

Benefit Continuation Period means a period of twelve (12) months from the Date of Termination.

Benefit Continuation Period means the period beginning on the date of the Severance of Employment or Non-Change in Control Termination, as the case may be, and ending on the earlier to occur of (a) the one year anniversary of the Severance of Employment, where termination was a Severance of Employment, and the date six months from the date of such Non-Change in Control Termination where termination was a Non-Change in Control Termination, or (b) the date that the Executive and the Executive's dependents are eligible and elect coverage under the plans of a subsequent employer that provide substantially equivalent or greater benefits to the Executive and the Executive's dependents.

Benefit Continuation Period means the 24 month period immediately following the date of the Qualifying Event.

Benefit Continuation Period is defined in Section 3(b)(iii).