Common use of Post-Retirement Medical Coverage Clause in Contracts

Post-Retirement Medical Coverage. Upon the termination of employment with the Bank at any time on or after attainment of age 62, the Executive shall be eligible to maintain participation in the group medical insurance plan sponsored by the Bank from time to time for the benefit of the Executive and Executive's dependent family at the Bank's expense, until such time that the Executive and Executive's spouse shall be eligible for coverage under the Federal Medicare System, or any successor program. The provisions of this Section shall survive the termination of this Agreement.

Appears in 15 contracts

Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)

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Post-Retirement Medical Coverage. Upon the termination of employment with the Bank at any time on or after attainment of age 62, the Executive shall be eligible to maintain participation in the group medical insurance plan sponsored by the Bank from time to time for the benefit of the Executive and Executive's ’s dependent family at the Bank's ’s expense, until such time that the Executive and Executive's ’s spouse shall be eligible for coverage under the Federal Medicare System, or any successor program. The provisions of this Section shall survive the termination of this Agreement.

Appears in 7 contracts

Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)

Post-Retirement Medical Coverage. Upon the termination of employment with the Bank at any time on or after attainment of age 6260, the Executive shall be eligible to maintain participation in the group medical insurance plan sponsored by the Bank from time to time for the benefit of the Executive and Executive's dependent family at the Bank's expense, until such time that the Executive and Executive's spouse shall be eligible for coverage under the Federal Medicare System, or any successor program. The provisions of this Section shall survive the termination of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Gateway Community Financial Corp), Employment Agreement (Gateway Community Financial Corp)

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Post-Retirement Medical Coverage. Upon the termination of employment with the Bank Company at any time on or after attainment of age 62, the Executive shall be eligible to maintain participation in the group medical insurance plan sponsored by the Bank Company (or its subsidiaries) from time to time for the benefit of the Executive and Executive's ’s dependent family at the Bank's Company’s expense, until such time that the Executive and Executive's ’s spouse shall be eligible for coverage under the Federal Medicare System, or any successor program. The provisions of this Section shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Kearny Financial Corp.)

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