Medical, Vision and Dental Benefits. Medical, vision and dental insurance coverage may be continued during the Severance Period, up to a maximum of 18 months, if Officer makes a COBRA election. The cost to Officer for this coverage during the Severance Period will be the same as he was paying immediately prior to termination, subject to increases affecting plan participants generally. AutoZone will pay the difference between Officer’s cost and the amount of the COBRA premiums during the Severance Period. After the Severance Period ends, COBRA premium payments, if any, will be the sole responsibility of Officer.
Medical, Vision and Dental Benefits. If Executive’s employment is terminated pursuant to Section 4(b), 4(c) or 4(d) above, then, to the extent that Executive or any of Executive’s dependents may be covered under the terms of any medical, vision or dental plans of the Company (or an Affiliate) for active employees immediately prior to the Termination Date and provided Executive is eligible for and elects to continue coverage (under the health care continuation rules of COBRA, provided that if, on the Termination Date, the Company is not subject to COBRA, the Company shall provide for continuation coverage as if it were subject to COBRA for the entire period to which COBRA would have applied if the Company had been subject to COBRA (collectively for purposes of this Agreement, “COBRA”)), the Company shall provide Executive and those dependents with coverage equivalent to the coverage in effect immediately prior to the applicable Termination Date for a period of up to 12-months following the Termination Date, such that Executive shall be required to pay, on a monthly after-tax basis, the same amount as Executive would pay if Executive continued in employment with the Company during such period (“Subsidized Coverage”) and the Company’s portion of the cost of the Subsidized Coverage will be treated as taxable income to Executive, and thereafter Executive shall be responsible for the full cost of such continued coverage; provided, however, that Subsidized Coverage shall be provided as described above unless the Company determines, based on a written legal opinion of counsel, that the Company’s provision of Subsidized Coverage results in the violation of non-discrimination provisions of applicable law, as may be applicable to the Company, the imposition of a material additional tax or other material penalty being imposed on the Company (or an Affiliate) or any employee participating in such plans. If the Company makes such a determination, then the Company shall pay Executive an additional severance benefit equal to the cost to the Company of the Subsidized Coverage (had such Subsidized coverage been provided) to assist Executive with the cost of COBRA or, if not available, to assist Executive with the cost of comparable coverage for Executive and his eligible dependents. In the event Executive or any of Executive’s dependents is or becomes eligible for coverage under the terms of any other medical and/or dental plan of a subsequent employer with plan benefits that are comparable to Company (or Affi...
Medical, Vision and Dental Benefits. Medical, vision and dental insurance coverage may be continued up to a maximum of 18 months after the date of termination of employment if Executive makes a COBRA election. The cost to Executive for this coverage will be the same as he was paying immediately prior to termination, subject to increases affecting plan participants generally. AutoZone will pay the difference between Executive’s cost and the amount of the COBRA premiums.
Medical, Vision and Dental Benefits. The Manager shall be entitled to all medical, dental, vision, life and disability insurance benefits provided non-represented employees of USD. Qualifying dependents will be eligible for medical, dental, vision and life insurance benefits.
Medical, Vision and Dental Benefits. The Executive and his ----------------------------------- eligible dependents shall continue to participate in any medical, vision and dental benefit program maintained by the Company under which they are covered on the date hereof and shall be eligible to participate in any other medical, vision or dental benefit program generally offered to other executive employees of the Company from time to time after the date hereof, or, in the event and to the extent such participation is not permitted pursuant to the terms thereof, the Company shall provide the Executive with substantially the same benefits thereof, to the extent that the Executive continues to contribute to the cost thereof to the same extent that such contribution is required of the other executive officers of the Company, until the first to occur of the following: (i) the date on which coverage ceases under the terms of a program as a result of the Executive's failure to make timely contributions or premium payments required under the program, (ii) the date on which a program is terminated without the maintenance of any successor program or (iii) the later to occur of (A) April 1, 2002, and (B) the expiration of the Initial Period, and, in addition, upon the expiration of such coverage under any such medical, vision or dental benefit program, the Executive and his eligible dependents will have the right to continue coverage under the program to the extent required under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.
Medical, Vision and Dental Benefits. Through the Separation Date you may continue to participate in SVB’s group medical, disability, life insurance, vision and dental benefits and you will remain responsible for the premium amounts at the “regular employee rate” subject to the terms and conditions of the applicable program documents. Thereafter, you will be eligible for healthcare continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1995 (COBRA). Should you elect COBRA continuation coverage, SVB will continue to pay the portion of the premium provided to “regular employees” for up to twelve (12) months following the Separation Date, as long as you remain eligible under the provisions of COBRA. This will include coverage at your current level including domestic partner coverage.
Medical, Vision and Dental Benefits. During the Initial Period and the 2000 Phase, the Executive and his eligible dependents shall continue to participate in any medical, vision and dental benefit programs maintained by the Company under which they are covered on the date hereof and shall be eligible to participate in any other medical, vision or dental benefit program generally offered to executive employees of the Company from time to time after the date hereof, or, in the event and to the extent such participation is not permitted pursuant to the terms thereof, the Company shall provide the Executive with substantially the same benefits thereof, to the extent that the Executive continues to contribute to the cost thereof to the same extent that such contribution is required of executive officers of the Company, until the first to occur of the following: (i) the date on which coverage ceases under the terms of a program as a result of the Executive's failure to make timely contributions or premium payments required under the program, (ii) the date on which a program is terminated without the maintenance of any successor program, (iii) the Executive's employment by an employee other than the Company that maintains medical, vision or dental benefit program in which the Executive is eligible to participate or (iv) the expiration of the Term, and, in addition, upon the expiration of such coverage under any such medical, vision or dental benefit program, the Executive and his eligible dependents will have the right to continue coverage under the program to the extent required under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.
