Medical, Dental and Life Insurance Benefits. If Executive’s employment by the Employer or any Affiliate or successor of the Employer shall be subject to a Termination as provided in subsections (c) or (d) above within the Employment Period, then to the extent that Executive or any of Executive’s dependents may be covered under the terms of any medical and dental plans of the Employer (or any Affiliate) for active employees immediately prior to the termination, then, for as long as Executive is eligible for and elects coverage under the health care continuation rules of the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), the Employer will provide Executive and those dependents with equivalent coverage, with Executive required to pay the same amount as Executive would pay if Executive continued in employment with the Employer or an Affiliate during such period, but in no event more than twelve (12) months following termination, The coverage may be procured directly by the Employer (or any Affiliate, if appropriate) apart from, and outside of the terms of the plans themselves; provided that Executive and Executive’s dependents comply with all of the conditions of the medical or dental plans, with the cost to the Employer not to exceed the cost for continued COBRA coverage. In the event Executive or any of Executive’s dependents become eligible for coverage under the terms of any other medical and/or dental plan of a subsequent employer which plan benefits are comparable to Employer (or any Affiliate) plan benefits, coverage under Employer (or any Affiliate) plans will cease for the eligible Executive and/or dependent. Executive and Executive’s dependents must notify the Employer (or any Affiliate) of any subsequent employment and provide information regarding medical and/or dental coverage available. In the event the Employer (or any Affiliate) discovers that Executive and/or dependent has become employed and not provided the above notification, all payments and benefits under this subsection (e) will cease.
Medical, Dental and Life Insurance Benefits. Until December 31, 2014 or such earlier date indicated by Executive to the Company in writing, the Company shall maintain in full force and effect, for the continued benefit of Executive, his spouse and his dependents the medical, hospitalization, dental and life insurance programs in which Executive, his spouse and his dependents were participating immediately prior to the Date of Termination at the level in effect and upon substantially the same terms and conditions (including, without limitation, contributions required by Executive for such benefits) as existed immediately prior to the Date of Termination; provided, that, if Executive, his spouse or his dependents cannot continue to participate in the Company programs providing such benefits, the Company shall (subject to the next following sentence) arrange to provide Executive, his spouse and his dependents with the economic equivalent of such benefits that they otherwise would have been entitled to receive under such plans and programs. The Company and Executive agree that for purposes of the preceding sentence, “economic equivalent” shall mean an amount in cash, paid on the first day of each month in which the Executive, his spouse and his dependents do not participate in the Company programs providing such benefits, that is sufficient to enable Executive to purchase coverage for such benefits on the open market for such month, as reasonably determined by the Company; provided, that the aggregate total of all such cash amounts shall in no event exceed $10,000.
Medical, Dental and Life Insurance Benefits. 4 Per CLA Article 25. The Union and the County agree to incorporate changes to employee 5 insurance benefits which the County may implement as a result of any agreement of the Joint Labor 6 Management Insurance Committee.
Medical, Dental and Life Insurance Benefits. Contingent upon your execution and non-revocation of a general release (attached as Exhibit A to this Agreement), you and all eligible dependents will be able to continue to participate in the medical, dental, vision, basic life, supplemental life, and dependent life insurance plans during the Severance Period, or until you are covered under the plans of your new employer, whichever comes first. Your payroll deductions will continue for any plans you wish to maintain. Please note that these benefits are subject to the terms and conditions of their applicable governing documents. The recitation of your eligibility for Medical, Dental and Life Benefits herein should not be construed as vesting you in those benefits and such benefits remain subject to the amendment and termination provisions of the applicable governing documents.
Medical, Dental and Life Insurance Benefits. For the period commencing on the Resignation Date and ending on the fourth anniversary thereof, the Executive (as well as his eligible dependents) shall continue to be eligible to receive family coverage pursuant to the medical, dental and life insurance benefit programs maintained by the Company Group from time to time for the Company's executives, in accordance with the terms and conditions thereof as in effect from time to time; provided that the Executive will be considered an executive of the Company for purposes of determining eligibility under such programs.
