COBRA Multiple definition

COBRA Multiple means the COBRA Multiple set forth in Annex A that is applicable to the Participant’s Tier as set forth in the Participation Notice.
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COBRA Multiple means (i) “24” for a Tier 1 Participant, (ii) “12” for a Tier 2 Participant; and (iii) “6” for a Tier 3 Participant. No COBRA Multiple is provided under this Plan for a Tier 4 Participant.
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Examples of COBRA Multiple in a sentence

  • The COBRA Benefit, provided that the COBRA Multiple shall be twelve (12) months.