Commitment Regarding Continued Participation in Welfare Plans. Provided that Employee has reached the age of 55 and been employed by the Company more than five years, in the event of a termination of Employee’s employment due to death, disability, or in circumstances triggering Severance Payments under Section 3.4, the Company will in good faith use its best efforts to permit Employee (or his dependents, in the case of Employee’s death) to continue to participate in the Company’s employee and dependent group medical and dental benefit programs, with Employee (or his dependents) upon the same terms and conditions as if Employee continued to remain an active employee of the Company, for a period until both Employee and his spouse at the time of termination become eligible for Medicare coverage ARTICLE V
Appears in 2 contracts
Samples: Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.)
Commitment Regarding Continued Participation in Welfare Plans. Provided that Employee has reached the age of 55 and been employed by the Company more than five years, in the event of a termination of Employee’s 's employment due to death, disabilityPermanent Disability, or in circumstances triggering Severance Payments under Section 3.43.5, the Company will in good faith use its best efforts to permit Employee (or his dependents, in the case of Employee’s 's death) to continue to participate in the Company’s 's employee and dependent group medical and dental benefit programs, with Employee (or his dependents) upon the same terms and conditions as if Employee continued to remain an active actual employee of the CompanyCompany paying the actual cost to the Company of such participation, for a period until both Employee and his spouse at the time of termination become eligible for Medicare coverage ARTICLE Vcoverage.
Appears in 1 contract
Samples: Employment Agreement (IPC the Hospitalist Company, Inc.)
Commitment Regarding Continued Participation in Welfare Plans. Provided that Employee has reached the age of 55 and been employed by the Company more than five years, in the event of a termination of Employee’s employment due to death, disability, or in circumstances triggering Severance Payments under Section 3.4, the Company will in good faith use its best efforts to permit Employee (or his her dependents, in the case of Employee’s death) to continue to participate in the Company’s employee and dependent group medical and dental benefit programs, with Employee (or his her dependents) upon the same terms and conditions as if Employee continued to remain an active employee of the Company, for a period until both Employee and his her spouse at the time of termination become eligible for Medicare coverage ARTICLE V
Appears in 1 contract
Samples: Employment Agreement (IPC the Hospitalist Company, Inc.)