Post-Termination Insurance Coverage. (a) If the Executive’s employment terminates involuntarily but without Cause or voluntarily but with Good Reason, the Company shall continue or cause to be continued at the Company’s expense health and life insurance benefits for the Executive and any of his dependents covered at the time of his termination. The health and life insurance benefits shall continue until the first to occur of (w) the Executive’s return to employment with the Company or another employer, (x) the Executive’s attainment of age 65, (y) the Executive’s (or dependent’s) death, or (z) the end of the thirty-six (36) month period following his termination of employment.
Appears in 6 contracts
Samples: Employment Agreement (Fraternity Community Bancorp Inc), Employment Agreement (Fraternity Community Bancorp Inc), Employment Agreement (Fraternity Community Bancorp Inc)
Post-Termination Insurance Coverage. (a) If the Executive’s employment terminates involuntarily but without Cause or voluntarily but with Good Reason, the Company Association shall continue or cause to be continued at the CompanyAssociation’s expense health and life insurance benefits for the Executive and any of his dependents covered at the time of his termination. The health and life insurance benefits shall continue until the first to occur of (w) the Executive’s return to employment with the Company Association or another employer, (x) the Executive’s attainment of age 65, (y) the Executive’s (or dependent’s) death, or (z) the end of the thirty-six (36) month period following his termination of employment.
Appears in 6 contracts
Samples: Employment Agreement (Fraternity Community Bancorp Inc), Employment Agreement (Fraternity Community Bancorp Inc), Employment Agreement (Fraternity Community Bancorp Inc)
Post-Termination Insurance Coverage. (a) If the Executive’s employment terminates involuntarily but without Cause or voluntarily but with Good Reason, the Company Bank shall continue or cause to be continued at the CompanyBank’s expense health medical and life dental insurance benefits for the Executive and any of his her dependents covered at the time of his her termination. The health medical and life dental insurance benefits shall continue until the first to occur of (wi) the Executive’s return to employment with the Company Bank or another employer, (xii) the Executive’s attainment of age 65, (yiii) the Executive’s (or dependent’s) death, or (ziv) the end of the thirty-six (36) month period following his her termination of employment.
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Post-Termination Insurance Coverage. (a) If the Executive’s employment terminates involuntarily but without Cause or voluntarily but with Good Reason, the Company shall continue or cause to be continued at the Company’s expense health medical and life dental insurance benefits for the Executive and any of his dependents covered at the time of his termination. The health medical and life dental insurance benefits shall continue until the first to occur of (w) the Executive’s return to employment with the Company or another employer, (x) the Executive’s attainment of age 65, (y) the Executive’s (or dependent’s) death, or (z) the end of the thirty-six (36) month period following his termination of employment.
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Post-Termination Insurance Coverage. (a) If the Executive’s employment terminates involuntarily but without Cause or voluntarily but with Good Reason, the Company shall continue or cause to be continued at the Company’s expense health medical and life dental insurance benefits for the Executive and any of his her dependents covered at the time of his her termination. The health medical and life dental insurance benefits shall continue until the first to occur of (w) the Executive’s return to employment with the Company or another employer, (x) the Executive’s attainment of age 65, (y) the Executive’s (or dependent’s) death, or (z) the end of the thirty-six (36) month period following his her termination of employment.
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Post-Termination Insurance Coverage. (a) If the Executive’s employment terminates involuntarily but without Cause or voluntarily but with Good Reason, the Company shall continue or cause to be continued at the Company’s expense health and life insurance benefits for the Executive and any of his her dependents covered at the time of his her termination. The health and life insurance benefits shall continue until the first to occur of (w) the Executive’s return to employment with the Company or another employer, (x) the Executive’s attainment of age 65, (y) the Executive’s (or dependent’s) death, or (z) the end of the thirty-six (36) month period following his [his/her] termination of employment.
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Post-Termination Insurance Coverage. (a) If the Executive’s employment terminates involuntarily but without Cause or voluntarily but with Good Reason, the Company Bank shall continue or cause to be continued at the CompanyBank’s expense health medical and life dental insurance benefits for the Executive and any of his dependents covered at the time of his termination. The health medical and life dental insurance benefits shall continue until the first to occur of (wi) the Executive’s return to employment with the Company Bank or another employer, (xii) the Executive’s attainment of age 65, (yiii) the Executive’s (or dependent’s) death, or (ziv) the end of the thirty-six (36) month period following his termination of employment.
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