Benefits and Other Matters. (i) XxxXxxxx will have the right to continue his participation in the Company’s group health coverage plan under the applicable COBRA regulations and the Company shall pay all applicable COBRA premiums for a period of twelve (12) consecutive months following the Effective Date.
Benefits and Other Matters. During the Term, the Company will provide to you the following benefits:
Benefits and Other Matters. 20 7.11.List of Certain Contracts .............................................. 22 ARTICLE VIII
Benefits and Other Matters. (a) It is the specific intention of the Company and the Parent that the compensation and benefit programs (including annual and long-term incentive programs) to be provided by BPA and the BPA Companies for current and former employees of the Company will be no less favorable in the aggregate than is provided to similarly situated U.S. employees of BPA and the BPA Companies.
Benefits and Other Matters. (i) Rxxx shall cease to participate in all Company benefit plans as of July 31, 2016. Upon Rxxx’x execution of this Agreement without revocation, the Company shall pay to Rxxx the amount of $349 per month, representing the current applicable COBRA premium for individual coverage for Rxxx, until the earlier of eighteen (18) months following the Effective Date or the date Rxxx first becomes eligible for coverage under a subsequent employer health plan, whether he enrolls in such coverage or not. Such payment shall be processed in accordance with Company’s normal payroll cycle and paid along with the Severance Payment set forth in Section 2(a) above. Rxxx will pay for that portion of the COBRA premium over and above the cost of individual coverage for his covered dependents, if any are enrolled. Both shall be processed with the 22 severance payments in the payroll cycle.
Benefits and Other Matters. 29 4.8.1 Director and Officer Liability. ..................................... 29 4.8.2 Directors of Carnival and P&O Princess .............................. 30 4.8.3 Executive Officers .................................................. 30 4.9 Expenses ..................................................................... 30 4.10 Other Actions by Carnival and P&O Princess. .................................. 30 4.10.1 Dividends ........................................................... 30 4.10.2 Integration Planning ................................................ 31 4.11 Carnival Offer to Exchange ................................................... 31 4.11.1 Offer to Exchange ................................................... 31 4.11.2 Modification of the Offer, Fractional Shares ........................ 31 4.11.3 Expiration and Extension of the Offer Acceptance Period ............. 32 4.11.4 Acceptances by Carnival ............................................. 32 4.11.5 Schedule TO ......................................................... 32 4.11.6 P&O Princess Shareholder Information ................................ 32 4.11.7 Schedule 14D-9 ...................................................... 33 4.11.8 Termination of the Offer ............................................ 33 4.11.9 Adjustment of the Offer Exchange Ratio .............................. 33 ARTICLE V Conditions to the Closing ............................................... 33 5.1 Conditions to Each Party's Obligation to Effect the Closing .................. 33 5.1.1 Shareholder Approvals ............................................... 33 5.1.2 Regulatory Consents ................................................. 33 5.1.3 Laws and Orders ..................................................... 34 5.1.4 Carnival Amendments and P&O Princess Amendments ..................... 34 5.1.5 Approval of P&O Princess EGM Circular ............................... 34 5.1.6 Offer ............................................................... 34
Benefits and Other Matters. 28 7.11. Consummation of the Merger...........................................29
Benefits and Other Matters. (a) Following the Effective Time, Parent shall, and shall cause the SBC Companies to, recognize service with the Company and any of its respective Subsidiaries which prior to the date hereof has been recognized by the Company and/or such Subsidiaries (including service with Parent or its Affiliates) prior to the Effective Time for purposes of eligibility, participation and vesting under any benefit plans of Parent or the SBC Companies in which the particular employee or former employee of the Company or its respective Subsidiaries is eligible to participate to the same extent as if such service had been rendered to Parent or any of the SBC Companies; provided, however, that the foregoing shall not result in any duplication of benefits for the same period of service. From and after the Effective Time, Parent shall, and shall cause the SBC Companies to, recognize any and all eligible out-of-pocket expenses of each employee or former employee of the Company and its Subsidiaries for purposes of determining such employee's and former employee's (including their beneficiaries and dependents) deductible and co-payment expenses under Parent or any of the SBC Companies medical benefit plans in which they are eligible to participate. Parent shall waive, or cause to be waived, and shall cause the SBC Companies to waive, or cause to be waived, any pre-existing condition limitation under any welfare benefit plan maintained by Parent or any of the SBC Companies in which employees of Company and its Subsidiaries (and their respective eligible dependents) will be eligible to participate on or following the Effective Time to the extent such pre-existing condition limitation was waived or satisfied under the comparable plan of the Company or its Subsidiaries. Notwithstanding the foregoing, nothing in this Section 7.10 shall alter the benefits rights, obligations or status of any former SBC Company employee with respect to benefits in effect as a result of prior employment with or termination of employment with any SBC Company.
Benefits and Other Matters. 4.1. Upon payment of the appropriate premiums, Bodnar will have the right to continue his participation in xxx Xompany's group health coverage plan under the applicable COBRA regulations.
Benefits and Other Matters. SECTION 3.01.
