Common use of Continued Benefits Clause in Contracts

Continued Benefits. For a 12 month period beginning on the Executive's Date of Termination (the "Benefits Period"), the Company shall provide Executive with life insurance and health insurance (together, "Welfare Benefits") under the Company's employee benefit plans and policies. During the Benefits Period, the Executive shall be entitled to elect to change Executive's level of coverage and/or Executive's choice of coverage options (such as the Executive only or family medical coverage) with respect to the Welfare Benefits to be provided by the Company to the Executive to the same extent that active employees of the Company are permitted to make such changes; provided, however, that in the event of any such changes, the Executive shall pay the amount of any cost increase that would actually be paid by an active employee of the Company by reason of making the same changes in Executive's level of coverage or coverage options. In the event that the Executive becomes employed by a new employer and is eligible to receive health insurance and/or other welfare benefits ("New Coverage"), the Welfare Benefits coverage provided under this Section 3.2 shall be secondary to such New Coverage.

Continued Benefits. For a 12 an 18 month period beginning on after the Executive's Date of Termination (the "Benefits Period"), the Company shall provide the Executive with life insurance and health insurance (together, "Welfare Benefits") under substantially similar in all respects to those which the Company's employee benefit plans and policiesExecutive was receiving immediately prior to the Notice of Termination. During the Benefits Period, the Executive shall be entitled to elect to change Executive's his level of coverage and/or Executive's his choice of coverage options (such as the Executive only or family medical coverage) with respect to the Welfare Benefits to be provided by the Company to the Executive to the same extent that active employees actively employed officers of the Company are permitted to make such changes; provided, however, that in the event of any such changes, the Executive shall pay the amount of any cost increase that would actually be paid by an active employee actively employed officer of the Company by reason of making the same changes in Executive's his level of coverage or coverage options. In the event that the Executive becomes employed by a new employer and is eligible to receive health insurance and/or other welfare benefits ("New Coverage"), the Welfare Benefits coverage provided under this Section 3.2 shall be secondary to such New Coverage.

Continued Benefits. For a 12 month period beginning on the Executive's ’s Date of Termination (the "“Benefits Period"”), the Company shall provide Executive with life insurance and health insurance (together, "“Welfare Benefits"”) under the Company's ’s employee benefit plans and policies. During the Benefits Period, the Executive shall be entitled to elect to change Executive's ’s level of coverage and/or Executive's ’s choice of coverage options (such as the Executive only or family medical coverage) with respect to the Welfare Benefits to be provided by the Company to the Executive to the same extent that active employees of the Company are permitted to make such changes; provided, however, that in the event of any such changes, the Executive shall pay the amount of any cost increase that would actually be paid by an active employee of the Company by reason of making the same changes in Executive's ’s level of coverage or coverage options. In the event that the Executive becomes employed by a new employer and is eligible to receive health insurance and/or other welfare benefits ("“New Coverage"”), the Welfare Benefits coverage provided under this Section 3.2 shall be secondary to such New Coverage.

Continued Benefits. For a 12 month period beginning on the Executive's Date of Termination (the "“Benefits Period"”), the Company shall provide Executive with life insurance and health insurance (together, "“Welfare Benefits"”) under the Company's employee benefit plans and policies. During the Benefits Period, the Executive shall be entitled to elect to change Executive's level of coverage and/or Executive's choice of coverage options (such as the Executive only or family medical coverage) with respect to the Welfare Benefits to be provided by the Company to the Executive to the same extent that active employees of the Company are permitted to make such changes; provided, however, that in the event of any such changes, the Executive shall pay the amount of any cost increase that would actually be paid by an active employee of the Company by reason of making the same changes in Executive's level of coverage or coverage options. In the event that the Executive becomes employed by a new employer and is eligible to receive health insurance and/or other welfare benefits ("“New Coverage"”), the Welfare Benefits coverage provided under this Section 3.2 shall be secondary to such New Coverage.

Continued Benefits. For a 12 24 month period beginning on the Executive's Date of Termination (the "Benefits Period"), the Company shall provide Executive with life insurance and health insurance (together, "Welfare Benefits") under the Company's employee benefit plans and policies. During the Benefits Period, the Executive shall be entitled to elect to change Executive's level of coverage and/or Executive's choice of coverage options (such as the Executive only or family medical coverage) with respect to the Welfare Benefits to be provided by the Company to the Executive to the same extent that active employees of the Company are permitted to make such changes; provided, however, that in the event of any such changes, the Executive shall pay the amount of any cost increase that would actually be paid by an active employee of the Company by reason of making the same changes in Executive's level of coverage or coverage options. In the event that the Executive becomes employed by a new employer and is eligible to receive health insurance and/or other welfare benefits ("New Coverage"), the Welfare Benefits coverage provided under this Section 3.2 shall be secondary to such New Coverage.

Continued Benefits. For a 12 month period beginning on the Executive's ’s Date of Termination (the "“Benefits Period"”), the Company shall provide Executive with life insurance and health insurance (together, "“Welfare Benefits"”) under the Company's ’s employee benefit plans and policies. During the Benefits Period, the Executive shall be entitled to elect to change Executive's ’s level of coverage and/or Executive's ’s choice of coverage options (such as the Executive only or family medical coverage) with respect to the Welfare Benefits to be provided by the Company to the Executive to the same extent that active employees of the Company are permitted to make such changes; provided, however, that in the event of any such changes, the Executive shall pay the amount of any cost increase that would actually be paid by an active employee of the Company by reason of making the same changes in Executive's ’s level of coverage or coverage options. In the event that the Executive becomes employed by a new employer and is eligible to receive health insurance and/or other welfare benefits ("“New Coverage"”), the Welfare Benefits coverage provided under this Section 3.2 shall be secondary to such New Coverage. Severance pay is not eligible for use under any of the Company’s benefit plans, including, but not limited to, the Company’s 401(k) plan, Employee Stock Purchase Plan, Incentive Stock Option Plan (i.e., for vesting), etc.