COBRA Premiums. You will receive information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Date. In order to continue your coverage, you must file the required election form. If you sign this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the monthly premium under COBRA for yourself and, if applicable, your dependents until the earliest of (a) the end of the period of 12 months following the month in which the Termination Date occurs, (b) the expiration of your continuation coverage under COBRA or (c) the date when you become eligible for health insurance in connection with new employment or self-employment. You acknowledge that you otherwise would not have been entitled to any continuation of Company-paid health insurance.
Appears in 3 contracts
Sources: Termination Agreement (Vanda Pharmaceuticals Inc.), Severance Agreement (Vanda Pharmaceuticals Inc.), Termination Agreement (Vanda Pharmaceuticals Inc.)
COBRA Premiums. You will receive information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Date. In order to continue your coverage, you must file the required election form. If you sign and do not revoke this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the monthly premium under COBRA for yourself you and, if applicable, your dependents until the earliest of (a) the end of the period of 12 9 months following the month in which after the Termination Date occursDate, (b) the expiration of your continuation coverage under COBRA or (c) the date when you become eligible for receive substantially equivalent health insurance coverage in connection with new employment or self-employment. You acknowledge that you otherwise would not have been entitled to any continuation of Company-paid health insurance.
Appears in 3 contracts
Sources: Termination Agreement (Histogenics Corp), Termination Agreement (Histogenics Corp), Termination Agreement (Histogenics Corp)
COBRA Premiums. You will receive information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Date. In order to continue your coverage, you must file the required election form. If Pursuant to Section 6 of the Employment Agreement, if you sign sign, and do not revoke, this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the your monthly premium under COBRA for yourself you and, if applicable, for your dependents until the earliest of (a) the end of the period of 12 twelve (12) months following the month in which the Termination Date occurs, (b) the expiration of your continuation coverage under COBRA or (c) the date when you become eligible for are offered substantially equivalent health insurance in connection with new employment or self-employment. You acknowledge that you otherwise would not have been entitled the payments provided for in this Section 5 may be considered taxable income to any continuation of Company-paid health insuranceyou.
Appears in 2 contracts
Sources: Termination Agreement (Vanda Pharmaceuticals Inc.), Termination Agreement (Vanda Pharmaceuticals Inc.)
COBRA Premiums. You will receive acknowledge that, on January 31, 2015, you received information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Date. In order to continue your coverage, you must file the required election form. If you sign and do not revoke this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the monthly premium under COBRA for yourself you and, if applicable, your dependents until the earliest of (a) the end of the period of 12 months following the month in which the Termination Date occursJanuary 30, 2016, (b) the expiration of your continuation coverage under COBRA COBRA, or (c) the date when you become eligible for receive substantially equivalent health insurance coverage in connection with new employment or self-employment. You acknowledge that you otherwise would not have been entitled to any continuation of Company-paid health insurance.
Appears in 1 contract
COBRA Premiums. You will receive information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Date. In order to continue your coverage, you must file the required election form. If you sign this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the monthly premium under COBRA for yourself and, if applicable, your dependents until the earliest of (a) the end of the period of 12 twelve (12) months following the month in which the Termination Date occurs, ,
(b) the expiration of your continuation coverage under COBRA or (c) the date when you become eligible for health insurance in connection with new employment or self-employmentself‑employment. You acknowledge that you otherwise would not have been entitled to any continuation of Company-paid health insurance.
Appears in 1 contract
Sources: Termination Agreement (RPX Corp)
COBRA Premiums. You will receive information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Date. In order to continue your coverage, you must file the required election form. If you sign and do not revoke this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the monthly premium under COBRA for yourself you and, if applicable, your dependents until the earliest of (a) the end of the period of 12 6 months following the month in which after the Termination Date occursDate, (b) the expiration of your continuation coverage under COBRA or (c) the date when you become eligible for receive substantially equivalent health insurance coverage in connection with new employment or self-employment. You acknowledge that you otherwise would not have been entitled to any continuation of Company-paid health insurance.
Appears in 1 contract
COBRA Premiums. You will receive information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Date. In order to continue your coverage, you must file the required election form. If you sign this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the monthly premium under COBRA for yourself and, if applicable, your dependents until the earliest of (a) the end of the period of 12 three months following the month in which the Termination Date occurs, (b) the expiration of your continuation coverage under COBRA or (c) the date when you become eligible for health insurance in connection with new employment or self-employment. You acknowledge that you otherwise would not have been entitled to any continuation of Company-paid health insurance.
Appears in 1 contract
COBRA Premiums. You will receive information about your right to continue your group health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) after the Termination Resignation Date. In order to continue your coverage, you must file the required election form. If Although you otherwise would not have been entitled to any continuation of Company-paid health insurance, if you sign this Agreement and elect to continue group health insurance coverage, then the Company will pay the employer portion of the monthly premium under COBRA for yourself you and, if applicable, for your dependents until the earliest of (a) the end of the period of 12 months following the month in which the Termination Date occursOctober 6, 2012, (b) the expiration of your continuation coverage under COBRA or (c) the date when you become eligible for substantially equivalent health insurance in connection with new employment or self-employment. You acknowledge that you otherwise would not have been entitled If necessary to any continuation avoid adverse tax consequences under the United States Internal Revenue Code of Company-paid health insurance1986, as amended, the Company will treat such payments or reimbursements as compensatory income taxable to you.]
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