Common use of Continuation of Benefits Clause in Contracts

Continuation of Benefits. (i) Following the termination of the Executive's employment in connection with a Change in Control (as contemplated by Section 12(b) or 12(c) of this Agreement) (a "Change in Control Termination") and until the earlier of (A) one (1) year following such Change in Control Termination or (B) the date on which the Executive becomes employed by a new employer (other than to the successor to the Company following such Change in Control), the Company shall, at its expense, provide the Executive with medical, dental, life insurance, disability and accidental death and dismemberment benefits ("Insurance Benefits") at the highest level provided to the Executive immediately prior to the Change in Control; provided, however, if the Executive becomes employed by a new employer that maintains Insurance Benefits that either (x) do not cover the Executive with respect to a pre-existing condition that was covered under the Company's Insurance Benefits, or (y) do not cover the Executive for a designated waiting period, or (z) do not provide for a certain benefit, the Executive's coverage under the Company's Insurance Benefits shall continue (with respect to such area of non-coverage described in (x), (y) or (z), as applicable), without limitation, until the earlier of the end of the applicable period of non-coverage under the new employer's Insurance Benefits or the third anniversary of the Change in Control.

Appears in 6 contracts

Samples: Employment Agreement (Lason Inc), Employment Agreement (Lason Inc), Employment Agreement (Lason Inc)

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Continuation of Benefits. (i) Following the termination of the Executive's ’s employment in connection with a Change in Control (as contemplated by Section 12(b) or 12(c) of this Agreement) (a "Change in Control Termination") and until the earlier of (A) one three (13) year years following such Change in Control Termination or (B) the date on which the Executive becomes employed by a new employer (other than to the successor to the Company following such Change in Control), the Company shall, at its expense, provide the Executive with medical, dental, life insurance, disability and accidental death and dismemberment benefits ("Insurance Benefits") at the highest level provided to the Executive immediately prior to the Change in Control; provided, however, if the Executive becomes employed by a new employer that maintains Insurance Benefits that either (x) do not cover the Executive with respect to a pre-existing condition that was covered under the Company's ’s Insurance Benefits, or (y) do not cover the Executive for a designated waiting period, or (z) do not provide for a certain benefit, the Executive's ’s coverage under the Company's ’s Insurance Benefits shall continue (with respect to such area of non-coverage described in (x), (y) or (z), as applicable), without limitation, until the earlier of the end of the applicable period of non-coverage under the new employer's ’s Insurance Benefits or the third anniversary of the Change in Control.

Appears in 5 contracts

Samples: Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc)

Continuation of Benefits. (i) Following the termination of the Executive's ’s employment in connection with a Change in Control (as contemplated by Section paragraph 12(b) or 12(c) of this Agreement) (a "Change in Control Termination") and until the earlier of (A) one three (13) year years following such Change in Control Termination or (B) the date on which the Executive becomes employed by a new employer (other than to the successor to the Company following such Change in Control), the Company shall, at its expense, provide the Executive with medical, dental, life insurance, disability and accidental death and dismemberment benefits ("Insurance Benefits") at the highest level provided to the Executive immediately prior to the Change in Control; provided, however, if the Executive becomes employed by a new employer that maintains Insurance Benefits that either (x) do not cover the Executive with respect to a pre-existing condition that was covered under the Company's ’s Insurance Benefits, or (y) do not cover the Executive for a designated waiting period, or (z) do not provide for a certain benefit, the Executive's ’s coverage under the Company's ’s Insurance Benefits shall continue (with respect to such area of non-coverage described in (x), (y) or (z), as applicable), without limitation, until the earlier of the end of the applicable period of non-coverage under the new employer's ’s Insurance Benefits or the third anniversary of the Change in Control.

Appears in 4 contracts

Samples: Employment Agreement (Fyi Inc), Employment Agreement (Fyi Inc), Employment Agreement (Fyi Inc)

Continuation of Benefits. (i) Following the termination of the Executive's employment in connection with a Change in Control (as contemplated by Section 12(b) or 12(c) of this Agreement) (a "Change in Control Termination") and until the earlier of (A) one three (13) year years following such Change in Control Termination or (B) the date on which the Executive becomes employed by a new employer (other than to the successor to the Company following such Change in Control), the Company shall, at its expense, provide the Executive with medical, dental, life insurance, disability and accidental death and dismemberment benefits ("Insurance Benefits") at the highest level provided to the Executive immediately prior to the Change in Control; provided, however, if the Executive becomes employed by a new employer that maintains Insurance Benefits that either (x) do not cover the Executive with respect to a pre-existing condition that was covered under the Company's Insurance Benefits, or (y) do not cover the Executive for a designated waiting period, or (z) do not provide for a certain benefit, the Executive's coverage under the Company's Insurance Benefits shall continue (with respect to such area of non-coverage described in (x), (y) or (z), as applicable), without limitation, until the earlier of the end of the applicable period of non-coverage under the new employer's Insurance Benefits or the third anniversary of the Change in Control.

Appears in 2 contracts

Samples: Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc)

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Continuation of Benefits. (i) Following the termination of the Executive's ’s employment in connection with a Change in Control (as contemplated by Section 12(bparagraph 20(b) or 12(c20(c) of this Agreement) (a "Change in Control Termination") and until the earlier of (A) one three (13) year years following such Change in Control Termination or (B) the date on which the Executive becomes employed by a new employer (other than to the successor to the Company following such Change in Control), the Company shall, at its expense, provide the Executive with medical, dental, life insurance, disability and accidental death and dismemberment benefits ("Insurance Benefits") at the highest level provided to the Executive immediately prior to the Change in Control; provided, however, if the Executive becomes employed by a new employer that maintains Insurance Benefits that either (x) do not cover the Executive with respect to a pre-existing condition that was covered under the Company's ’s Insurance Benefits, or (y) do not cover the Executive for a designated waiting period, or (z) do not provide for a certain benefit, the Executive's ’s coverage under the Company's ’s Insurance Benefits shall continue (with respect to such area of non-coverage described in (x), (y) or (z), as applicable), without limitation, until the earlier of the end of the applicable period of non-coverage under the new employer's ’s Insurance Benefits or the third anniversary of the Change in Control.

Appears in 2 contracts

Samples: Employment Agreement (Fyi Inc), Employment Agreement (Fyi Inc)

Continuation of Benefits. (i) Following the termination of the Executive's Employee’s employment in connection with a Change in Control (as contemplated by Section 12(b) or 12(c) 12 of this Agreement) (a "Change in Control Termination") and until the earlier of (A) one three (13) year years following such Change in Control Termination or (B) the date on which the Executive Employee becomes employed by a new employer (other than to the successor to the Company following such Change in Control), the Company shall, at its expense, provide the Executive Employee with medical, dental, life insurance, disability and accidental death and dismemberment benefits ("Insurance Benefits") at the highest level provided to the Executive Employee immediately prior to the Change in Control; provided, however, if the Executive Employee becomes employed by a new employer that maintains Insurance Benefits that either (x) do not cover the Executive Employee with respect to a pre-existing condition that was covered under the Company's ’s Insurance Benefits, or (y) do not cover the Executive Employee for a designated waiting period, or (z) do not provide for a certain benefit, the Executive's Employee’s coverage under the Company's ’s Insurance Benefits shall continue (with respect to such area of non-coverage described in (x), (y) or (z), as applicable), without limitation, until the earlier of the end of the applicable period of non-coverage under the new employer's ’s Insurance Benefits or the third anniversary of the Change in ControlControl Termination.

Appears in 2 contracts

Samples: Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc)

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