Common use of Employee Benefits after Termination Clause in Contracts

Employee Benefits after Termination. Employer shall maintain in full force and effect (to the extent consistent with past practice), for the continued benefit of Employee and, if applicable, her spouse and children, the employee benefits set forth in subsections 1.4(f) (Fringe Benefits and Perquisites) through the Date of Termination (subject to the provisions of Section 1.5(f)(i)); provided, that her continued participation or, if applicable, the participation of her spouse and children, is possible under the general terms and conditions of such plans and programs. Following the Date of Termination, Employee and her eligible dependents shall be eligible for continued health coverage in accordance with the terms of applicable law. Notwithstanding the foregoing, if Employee is terminated Without Cause or resigns upon a Company Breach, or resigns as a result of a Forced Relocation within the twenty-four (24) month period following a Change in Control, then Employer shall maintain health and life insurance coverage for the benefit of Employee and, if applicable, her spouse and children, for a period of time equal to (i) if the Date of Termination is not within the twenty-four (24) month period after a Change in Control, the lesser of (A) five hundred forty five (545) days and (B) the number of days utilized in the formula specified in Section 1.5(f)(iii) above, or (ii) if the Date of Termination is within the twenty-four (24) month period after a Change in Control, three (3) years; provided, however, that Employer’s obligation to provide such health and life insurance coverage shall be reduced to the extent that Employer is not able to obtain such coverage in accordance with normal insurance underwriting standards. Such insurance shall be maintained in substantially the same manner (including without limitation, coverage amounts, deductibles and level of premium contributions required by Employee) as it was maintained immediately prior to the Date of Termination.

Employee Benefits after Termination. Employer shall maintain in full force and effect (to the extent consistent with past practice), for the continued benefit of Employee and, if applicable, her his spouse and children, the employee benefits set forth in subsections 1.4(f) (Fringe Benefits and Perquisites) through the Date of Termination (subject to the provisions of Section 1.5(f)(i)); provided, that her his continued participation or, if applicable, the participation of her his spouse and children, is possible under the general terms and conditions of such plans and programs. Following the Date of Termination, Employee and her his eligible dependents shall be eligible for continued health coverage in accordance with the terms of applicable law. Notwithstanding the foregoing, if Employee is terminated Without Cause or resigns upon a Company Breach, or resigns as a result of a Forced Relocation within the twenty-four (24) month period following a Change in Control, then Employer shall maintain health and life insurance coverage for the benefit of Employee and, if applicable, her his spouse and children, for a period of time equal to (i) if the Date of Termination is not within the twenty-four (24) month period after a Change in Control, the lesser of (A) five hundred forty five (545) days and (B) the number of days utilized in the formula specified in Section 1.5(f)(iii) above, or (ii) if the Date of Termination is within the twenty-four (24) month period after a Change in Control, three (3) years; provided, however, that Employer’s obligation to provide such health and life insurance coverage shall be reduced to the extent that Employer is not able to obtain such coverage in accordance with normal insurance underwriting standards. Such insurance shall be maintained in substantially the same manner (including without limitation, coverage amounts, deductibles and level of premium contributions required by Employee) as it was maintained immediately prior to the Date of Termination.

Employee Benefits after Termination. Employer shall maintain in full force and effect (to the extent consistent with past practice), for the continued benefit of Employee and, if applicable, her his spouse and children, the employee benefits set forth in subsections 1.4(f) (Fringe Benefits and Perquisites) through the Date of Termination (subject to the provisions of Section 1.5(f)(i)); provided, that her his continued participation or, if applicable, the participation of her his spouse and children, is possible under the general terms and conditions of such plans and programs. Following the Date of Termination, Employee and her his eligible dependents shall be eligible for continued health coverage in accordance with the terms of applicable law. Notwithstanding the foregoing, if Employee is terminated Without Cause or resigns upon a Company Breach, or resigns as a result of a Forced Relocation within the twenty-four (24) month period following a Change in Control, then Employer shall maintain health and life insurance coverage for the benefit of Employee and, if applicable, her his spouse and children, for a period of time equal to (i) if the Date of Termination is not within the twenty-four (24) month period after a Change in Control, the lesser of (A) five hundred forty five (545) days and (B) the number of days utilized in the formula specified in Section 1.5(f)(iii) above, or (ii) if the Date of Termination is within the twenty-four (24) month period after a Change in of Control, three two (32) years; years provided, however, that Employer’s obligation to provide such health and life insurance coverage shall be reduced to the extent that Employer is not able to obtain such coverage in accordance with normal insurance underwriting standards. Such insurance shall be maintained in substantially the same manner (including without limitation, coverage amounts, deductibles and level of premium contributions required by Employee) as it was maintained immediately prior to the Date of Termination.

Employee Benefits after Termination. Employer shall maintain in full force and effect (to the extent consistent with past practice), for the continued benefit of Employee and, if applicable, her his spouse and children, the employee benefits set forth in subsections 1.4(f) (Fringe Benefits and Perquisites) through the Date of Termination (subject to the provisions of Section 1.5(f)(i)); provided, that her his continued participation or, if applicable, the participation of her his spouse and children, is possible under the general terms and conditions of such plans and programs. Following the Date of Termination, Employee and her his eligible dependents shall be eligible for continued health coverage in accordance with the terms of applicable law. Notwithstanding the foregoing, if Employee is terminated Without Cause or resigns upon a Company Breach, or resigns as a result of a Forced Relocation within the twenty-four (24) month period following a Change in Control, then Employer shall maintain health and life insurance coverage for the benefit of Employee and, if applicable, her his spouse and children, for a period of time equal to (i) if the Date of Termination is not within the twenty-four (24) month period after a Change in Control, the lesser of (A) five hundred forty five (545) days and (B) the number of days utilized in the formula specified in Section 1.5(f)(iii) above, or (ii) if the Date of Termination is within the twenty-four (24) month period after a Change in Control, three (3) yearsthe number of years utilized in the formula specified in Section 1.7(b); provided, however, that Employer’s 's obligation to provide such health and life insurance coverage shall be reduced to the extent that Employer is not able to obtain such coverage in accordance with normal insurance underwriting standards. Such insurance shall be maintained in substantially the same manner (including without limitation, coverage amounts, deductibles and level of premium contributions required by Employee) as it was maintained immediately prior to the Date of Termination.