Common use of Continuance of Insurance Clause in Contracts

Continuance of Insurance. The Company will use its best efforts to keep the policies of insurance referred to in clause (ii) of Sections 10(c) and Section 10(f) above in effect for the benefit of the Employee through the 12 month period (as the case may be), and after the expiration of such 12 month period (as the case may be) if the Employee is unable to secure reasonable alternative coverage as a result of lack of insurability, at the written request of the Employee, the Company will use reasonable commercial efforts to continue such coverage, provided that the Company will have no obligation to incur any incremental cost or risk (other than minor administration inconvenience) and Employee shall agree in writing to bear all such cost and risk and hold the Company harmless against same.

Continuance of Insurance. The Company will use its best efforts to keep the policies of insurance referred to in clause (ii) of Sections 10(c) and Section 10(f) above in effect for the benefit of the Employee through the 24 or 12 month period (as the case may be), and after the expiration of such 24 or 12 month period (as the case may be) if the Employee is unable to secure reasonable alternative coverage as a result of lack of insurability, at the written request of the Employee, the Company will use reasonable commercial efforts to continue such coverage, provided that the Company will have no obligation to incur any incremental cost or risk (other than minor administration inconvenience) and Employee shall agree in writing to bear all such cost and risk and hold the Company harmless against same.