Common use of Option II Clause in Contracts

Option II. The eligible employee may purchase an amount equal to twice the core at the employer's group rate. The employee shall be subject to and responsible for any and all taxes on the premium amount as determined by the IRS.

Option II. The eligible employee may purchase an additional amount equal to twice the core at the employer's Employer’s group rate. The employee shall be subject to and responsible for any and all taxes on the premium amount as determined by the IRS.

Option II. The eligible employee may purchase an amount equal to twice the core at the employer's Employer’s group rate. The employee shall be subject to and responsible for any and all taxes on the premium amount as determined by the IRS.