COBRA Period definition

COBRA Period means the period beginning on the Date of Termination and ending on the six-month anniversary thereof; provided, however, that in the event the Qualifying Termination occurs on or within 24 months following a Change in Control, then the COBRA Period instead shall end on the 12-month anniversary thereof.

COBRA Period shall have the meaning set forth in Sections 8(c) and 8(e).

COBRA Period means the period beginning on the Date of Termination and ending on the first anniversary thereof.

Examples of COBRA Period in a sentence

• The Health Care Benefit Payment shall be equal to the amount that the Company would have otherwise paid for COBRA Premiums (which amount shall be calculated based on the premium for the first month of coverage), and shall be paid until the expiration of the CIC COBRA Period or the Severance COBRA Period, as applicable.

• A child of the Participant who is receiving benefits under the Plan pursuant to a Qualified Medical Child Support Order received by the Plan Administrator during the Participant’s period of employment with Member is entitled to the same rights under COBRA as a Dependent child of the Participant, regardless of whether that child would otherwise be considered a Dependent. Children Born To or Placed for Adoption During COBRA Period.

• The provision of medical coverage made during the COBRA Period is intended to qualify for the exception to deferred compensation as a medical benefit provided in accordance with the provisions of Section 409A of the Code and Treasury Regulation §1.409A-1(b)(9)(v)(B).

• In addition, if Executive does not pay the applicable monthly COBRA premium for a particular month at any time during the COBRA Period and coverage is lost as a result, no further payments or reimbursements will be paid by the Company pursuant to this Section 7(a)(ii).

• Notwithstanding the foregoing, if Executive obtains full-time employment during this COBRA Period that entitles him and his spouse and eligible dependents to comprehensive medical coverage, Executive must notify the Company and no further payments or reimbursements will be paid by the Company pursuant to this Section 7(a)(ii).

More Definitions of COBRA Period

COBRA Period means the number of months during which the Participant is entitled to COBRA Premium Payments, determined in accordance with Exhibit A or Exhibit B attached hereto, as applicable.

COBRA Period means (i) in the case of a Change in Control Termination, the number of months set forth in Section 4(a)(iii) and (ii) in the case of a Covered Termination that is not a Change in Control Termination, (x) in the case of an Executive Participant, six (6) months and (y) in the case of a Participant who is not an Executive Participant, zero (0) months.

COBRA Period means the number of months used to calculate the COBRA Premium Payment, determined in accordance with Exhibit A or Exhibit B attached hereto, as applicable.

COBRA Period means, with respect to a Participant, the lesser of (a) the Severance Period, and (b) the 18-month period following the Termination Date.

COBRA Period means the period of time commencing on the date Executive’s employment with NMHC terminates and ending on the earlier of (i) the first anniversary of the termination of this Agreement or (ii) the date that Executive is eligible to be covered under a comparable or more favorable health plan of another Person).

COBRA Period has the meaning assigned thereto in Section 5(a)(ii)(B) hereof.

COBRA Period has the meaning set forth in Section 6(a).