Common use of Health Coverage Continuation Clause in Contracts

Health Coverage Continuation. For the first 12 months following your Covered Termination, the Company (or, after the Merger, Bradxxx) xxll provide medical coverage to you and your dependents at its expense; provided, however, that the Company (or, after the Merger, Bradxxx) xxll only be required to provide such coverage to the extent that the cost to the Company (or, after the Merger, Bradxxx) xx such coverage is not more than 200% of the premium incurred by the Company (or, after the Merger, Bradxxx) xxr medical coverage for you and your dependents immediately prior to your termination of employment (the "Maximum Coverage The medical coverage provided pursuant to this Section 3 will terminate, subject to any rights you and your dependents have to continue the coverage under applicable law, if, during the 12-month continuation period, you become covered under another employer's group medical plan without application of any pre-existing condition limitations or other limitations on coverage. This coverage is in addition to any coverage to which you may be entitled under applicable laws relating to continuation of medical coverage. If you die after becoming entitled to any benefits in accordance with the foregoing and prior to full payment thereof, any remaining payments will be made to your estate. In consideration for the severance and other benefits described above, you voluntarily agree to release the Company and Bradxxx (xxd their respective affiliates and subsidiaries, successors and assigns, and the current and former officers, directors, shareholders, employees and agents of the foregoing) generally from all claims, demands and liabilities of every name and nature in connection with your employment and resignation or termination from the Company or Bradxxx, xx applicable, whether arising in contract, tort, equity or otherwise (including any express or implied contract or obligation of good faith or fair dealing or any theory of wrongful termination) or under any discrimination statute including without limitation, the Age Discrimination in Employment Act. This Agreement also covers any claims that you may have for attorneys' fees. Notwithstanding the foregoing, you shall continue to be entitled to indemnification for your actions as an employee or officer of the Company (or, after the Merger, Bradxxx) xxr periods prior to your termination of employment in accordance with the Company's (or, after the Merger, Bradxxx'x) xxrporate charter and by-laws and shall continue to be covered for periods prior to your termination of employment under the Company's (or Bradxxx'x) xxrporate indemnification policies. You acknowledge that you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it. If you sign this Agreement within less than twenty-one (21) days of the date of its delivery to you, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire twenty-one (21) day period. The Company acknowledges that for a period of seven (7) days from the date you sign this Agreement, you have the right to revoke this Agreement by written notice to the Company. This Agreement shall not become effective until the expiration of the enforcement period. Please indicate your agreement with the foregoing by signing and dating a copy of this letter and returning it to me by ________________, 1995. Sincerely yours, _____________________ Agreed to by: ________________________ Norrxx Xxxx Xxte:___________________ Consented to by: Bradxxx Xxxl Estate, Inc. By________________________ Its_______________________

Health Coverage Continuation. For the first 12 months following your Covered Termination, the Company (or, after the Merger, Bradxxx) xxll provide medical coverage to you and your dependents at its expense; provided, however, that the Company (or, after the Merger, Bradxxx) xxll only be required to provide such coverage to the extent that the cost to the Company (or, after the Merger, Bradxxx) xx such coverage is not more than 200% of the premium incurred by the Company (or, after the Merger, Bradxxx) xxr medical coverage for you and your dependents immediately prior to your termination of employment (the "Maximum Coverage Cost"). The coverage to be provided to you pursuant to the foregoing provisions of this Section 3 shall be the coverage that is provided from time to time to similarly situated active employees of the Company or, if no such coverage is provided, such coverage as can be purchased from an insurance company that is comparable to the medical coverage last provided to similarly situated active employees of the Company. If, in any event, the cost of the post-termination coverage exceeds the Maximum Coverage Cost, the Company (or, after the Merger, Bradxxx) xxall be required to contribute to the cost of such coverage an amount equal to the Maximum Coverage Cost. The medical coverage provided pursuant to this Section 3 will terminate, subject to any rights you and your dependents have to continue the coverage under applicable law, if, during the 12-month continuation period, you become covered under another employer's group medical plan without application of any pre-existing condition limitations or other limitations on coverage. This coverage is in addition to any coverage to which you may be entitled under applicable laws relating to continuation of medical coverage. If you die after becoming entitled to any benefits in accordance with the foregoing and prior to full payment thereof, any remaining payments will be made to your estate. In consideration for the severance and other benefits described above, you voluntarily agree to release the Company and Bradxxx (xxd their respective affiliates and subsidiaries, successors and assigns, and the current and former officers, directors, shareholders, employees and agents of the foregoing) generally from all claims, demands and liabilities of every name and nature in connection with your employment and resignation or termination from the Company or Bradxxx, xx applicable, whether arising in contract, tort, equity or otherwise (including any express or implied contract or obligation of good faith or fair dealing or any theory of wrongful termination) or under any discrimination statute including without limitation, the Age Discrimination in Employment Act. This Agreement also covers any claims that you may have for attorneys' fees. Notwithstanding the foregoing, you shall continue to be entitled to indemnification for your actions as an employee or officer of the Company (or, after the Merger, Bradxxx) xxr periods prior to your termination of employment in accordance with the Company's (or, after the Merger, Bradxxx'x) xxrporate charter and by-laws and shall continue to be covered for periods prior to your termination of employment under the Company's (or Bradxxx'x) xxrporate indemnification policies. You acknowledge that you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it. If you sign this Agreement within less than twenty-one (21) days of the date of its delivery to you, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire twenty-one (21) day period. The Company acknowledges that for a period of seven (7) days from the date you sign this Agreement, you have the right to revoke this Agreement by written notice to the Company. This Agreement shall not become effective until the expiration of the enforcement period. Please indicate your agreement with the foregoing by signing and dating a copy of this letter and returning it to me by ________________, 1995. Sincerely yours, _____________________ Agreed to by: ________________________ Norrxx Xxxx Xxte:___________________ Consented to by: Bradxxx Xxxl Estate, Inc. By________________________ Its_______________________.

Health Coverage Continuation. For the first 12 months following your Covered Termination, the Company (or, after the Merger, Bradxxx) xxll provide medical coverage to you and your dependents at its expense; provided, however, that the Company (or, after the Merger, Bradxxx) xxll only be required to provide such coverage to the extent that the cost to the Company (or, after the Merger, Bradxxx) xx such coverage is not more than 200% of the premium incurred by the Company (or, after the Merger, Bradxxx) xxr medical coverage for you and your dependents immediately prior to your termination of employment (the "Maximum Coverage Cost"). The coverage to be provided to you pursuant to the foregoing provisions of this Section 3 shall be the coverage that is provided from time to time to similarly situated active employees of the Company or, if no such coverage is provided, such coverage as can be purchased from an insurance company that is comparable to the medical coverage last provided to similarly situated active employees of the Company. If, in any event, the cost of the post-termination coverage exceeds the Maximum Coverage Cost, the Company (or, after the Merger, Bradxxx) xxall be required to contribute to the cost of such coverage an amount equal to the Maximum Coverage Cost. The medical coverage provided pursuant to this Section 3 will terminate, subject to any rights you and your dependents have to continue the coverage under applicable law, if, during the 12-month continuation period, you become covered under another employer's group medical plan without application of any pre-existing condition limitations or other limitations on coverage. This coverage is in addition to any coverage to which you may be entitled under applicable laws relating to continuation of medical coverage. If you die after becoming entitled to any benefits in accordance with the foregoing and prior to full payment thereof, any remaining payments will be made to your estate. In consideration for the severance and other benefits described above, you voluntarily agree to release the Company and Bradxxx (xxd their respective affiliates and subsidiaries, successors and assigns, and the current and former officers, directors, shareholders, employees and agents of the foregoing) generally from all claims, demands and liabilities of every name and nature in connection with your employment and resignation or termination from the Company or Bradxxx, xx applicable, whether arising in contract, tort, equity or otherwise (including any express or implied contract or obligation of good faith or fair dealing or any theory of wrongful termination) or under any discrimination statute including without limitation, the Age Discrimination in Employment Act. This Agreement also covers any claims that you may have for attorneys' fees. Notwithstanding the foregoing, you shall continue to be entitled to indemnification for your actions as an employee or officer of the Company (or, after the Merger, Bradxxx) xxr periods prior to your termination of employment in accordance with the Company's (or, after the Merger, Bradxxx'x) xxrporate charter and by-laws and shall continue to be covered for periods prior to your termination of employment under the Company's (or Bradxxx'x) xxrporate indemnification policies. This Agreement is a legally binding document and your signature will commit you to its terms. The Company encourages you to obtain legal advice before you sign it. You acknowledge that you have been advised to discuss all aspects of this Agreement with your attorney, that you have carefully read and fully understand all of the provisions of this Agreement and that you voluntarily enter into this Agreement. You acknowledge that you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it. If you sign this Agreement within less than twenty-one (21) days of the date of its delivery to you, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire twenty-one (21) day period. The Company acknowledges that for a period of seven (7) days from the date you sign this Agreement, you have the right to revoke this Agreement by written notice to the Company. This Agreement shall not become effective until the expiration of the enforcement period. Please indicate your agreement with the foregoing by signing and dating a copy of this letter and returning it to me by ________________, 1995. Sincerely yours, _____________________ Agreed to by: ________________________ Norrxx Xxxx Haroxx Xxxxxxxxx Xxte:___________________ Consented to by: Bradxxx Xxxl Estate, Inc. By________________________ Its_______________________

Health Coverage Continuation. For the first 12 months following your Covered Termination, the Company (or, after the Merger, Bradxxx) xxll provide medical coverage to you and your dependents at its expense; provided, however, that the Company (or, after the Merger, Bradxxx) xxll only be required to provide such coverage to the extent that the cost to the Company (or, after the Merger, Bradxxx) xx such coverage is not more than 200% of the premium incurred by the Company (or, after the Merger, Bradxxx) xxr medical coverage for you and your dependents immediately prior to your termination of employment (the "Maximum Coverage Cost"). The coverage to be provided to you pursuant to the foregoing provisions of this Section 3 shall be the coverage that is provided from time to time to similarly situated active employees of the Company or, if no such coverage is provided, such coverage as can be purchased from an insurance company that is comparable to the medical coverage last provided to similarly situated active employees of the Company. If, in any event, the cost of the post-termination coverage exceeds the Maximum Coverage Cost, the Company (or, after the Merger, Bradxxx) xxall be required to contribute to the cost of such coverage an amount equal to the Maximum Coverage Cost. The medical coverage provided pursuant to this Section 3 will terminate, subject to any rights you and your dependents have to continue the coverage under applicable law, if, during the 12-month continuation period, you become covered under another employer's group medical plan without application of any pre-existing condition limitations or other limitations on coverage. This coverage is in addition to any coverage to which you may be entitled under applicable laws relating to continuation of medical coverage. If you die after becoming entitled to any benefits in accordance with the foregoing and prior to full payment thereof, any remaining payments will be made to your estate. In consideration for the severance and other benefits described above, you voluntarily agree to release the Company and Bradxxx (xxd their respective affiliates and subsidiaries, successors and assigns, and the current and former officers, directors, shareholders, employees and agents of the foregoing) generally from all claims, demands and liabilities of every name and nature in connection with your employment and resignation or termination from the Company or Bradxxx, xx applicable, whether arising in contract, tort, equity or otherwise (including any express or implied contract or obligation of good faith or fair dealing or any theory of wrongful termination) or under any discrimination statute including without limitation, the Age Discrimination in Employment Act. This Agreement also covers any claims that you may have for attorneys' fees. Notwithstanding the foregoing, you shall continue to be entitled to indemnification for your actions as an employee or officer of the Company (or, after the Merger, Bradxxx) xxr periods prior to your termination of employment in accordance with the Company's (or, after the Merger, Bradxxx'x) xxrporate charter and by-laws and shall continue to be covered for periods prior to your termination of employment under the Company's (or Bradxxx'x) xxrporate indemnification policies. You acknowledge that you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it. If you sign this Agreement within less than twenty-one (21) days of the date of its delivery to you, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire twenty-one (21) day period. The Company acknowledges that for a period of seven (7) days from the date you sign this Agreement, you have the right to revoke this Agreement by written notice to the Company. This Agreement shall not become effective until the expiration of the enforcement period. Please indicate your agreement with the foregoing by signing and dating a copy of this letter and returning it to me by ________________, 1995. Sincerely yours, _____________________ Agreed to by: ________________________ Norrxx Xxxx Xxte:___________________ Consented to by: Bradxxx Xxxl Estate, Inc. By________________________ Its_______________________under

Health Coverage Continuation. For the first 12 months following your Covered Termination, the Company (or, after the Merger, Bradxxx) xxll provide medical coverage to you and your dependents at its expense; provided, however, that the Company (or, after the Merger, Bradxxx) xxll only be required to provide such coverage to the extent that the cost to the Company (or, after the Merger, Bradxxx) xx such coverage is not more than 200% of the premium incurred by the Company (or, after the Merger, Bradxxx) xxr medical coverage for you and your dependents immediately prior to your termination of employment (the "Maximum Coverage Cost"). The coverage to be provided to you pursuant to the foregoing provisions of this Section 3 shall be the coverage that is provided from time to time to similarly situated active employees of the Company or, if no such coverage is provided, such coverage as can be purchased from an insurance company that is comparable to the medical coverage last provided to similarly situated active employees of the Company. If, in any event, the cost of the post-termination coverage exceeds the Maximum Coverage Cost, the Company (or, after the Merger, Bradxxx) xxall be required to contribute to the cost of such coverage an amount equal to the Maximum Coverage Cost. The medical coverage provided pursuant to this Section 3 will terminate, subject to any rights you and your dependents have to continue the coverage under applicable law, if, during the 12-month continuation period, you become covered under another employer's group medical plan without application of any pre-existing condition limitations or other limitations on coverage. This coverage is in addition to any coverage to which you may be entitled under applicable laws relating to continuation of medical coverage. If you die after becoming entitled to any benefits in accordance with the foregoing and prior to full payment thereof, any remaining payments will be made to your estate. In consideration for the severance and other benefits described above, you voluntarily agree to release the Company and Bradxxx (xxd their respective affiliates and subsidiaries, successors and assigns, and the current and former officers, directors, shareholders, employees and agents of the foregoing) generally from all claims, demands and liabilities of every name and nature in connection with your employment and resignation or termination from the Company or Bradxxx, xx applicable, whether arising in contract, tort, equity or otherwise (including any express or implied contract or obligation of good faith or fair dealing or any theory of wrongful termination) or under any discrimination statute including without limitation, the Age Discrimination in Employment Act. This Agreement also covers any claims that you may have for attorneys' fees. Notwithstanding the foregoing, you shall continue to be entitled to indemnification for your actions as an employee or officer of the Company (or, after the Merger, Bradxxx) xxr periods prior to your termination of employment in accordance with the Company's (or, after the Merger, Bradxxx'x) xxrporate charter and by-laws and shall continue to be covered for periods prior to your termination of employment under the Company's (or Bradxxx'x) xxrporate indemnification policies. This Agreement is a legally binding document and your signature will commit you to its terms. The Company encourages you to obtain legal advice before you sign it. You acknowledge that you have been advised to discuss all aspects of this Agreement with your attorney, that you have carefully read and fully understand all of the provisions of this Agreement and that you voluntarily enter into this Agreement. You acknowledge that you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it. If you sign this Agreement within less than twenty-one (21) days of the date of its delivery to you, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire twenty-one (21) day period. The Company acknowledges that for a period of -4- 6141932.8 110295 1934C 020 5 seven (7) days from the date you sign this Agreement, you have the right to revoke this Agreement by written notice to the Company. This Agreement shall not become effective until the expiration of the enforcement period. Please indicate your agreement with the foregoing by signing and dating a copy of this letter and returning it to me by ________________, 1995. Sincerely yours, _____________________ Agreed to by: ________________________ Norrxx Xxxx Larrx Xxxxxx Xxte:___________________ Consented to by: Bradxxx Xxxl Estate, Inc. By________________________ Its_______________________