Benefits Continuation Period Sample Clauses

Benefits Continuation Period. “Benefits Continuation Period” means if a Triggering Event has occurred, the two-year period immediately following the Executive’s termination of employment.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Benefits Continuation Period. 44 Blue Sky Laws............................................................. 14
Sample 1
Benefits Continuation Period. Medical, dental, EAP and basic life benefits will continue for the number of weeks upon which separation pay is calculated, with a minimum continuation period of 6 months, provided however that to be eligible for medical and dental coverage during the Benefits Continuation Period, the employee must be enrolled for such coverage as of the date the employee’s employment ends. If the employee is not enrolled for such coverage as of the date the employee’s employment ends, then the employee will not be eligible for continuation of medical and/or dental coverage during the Benefits Continuation Period or otherwise.
Sample 1
Benefits Continuation Period. For purposes of this Agreement, the “Benefits Continuation Period” shall mean the period from the Separation Date until October 13, 2008.
Sample 1
Benefits Continuation Period. (a) Without limiting the application of the foregoing provisions of Section 8.1 and the application of Law, including the Transfer Regulations, the Buyers shall provide to each Mexx Canada Employee, both as part of any required offer of employment under this Agreement, and, for each such Transferred Employee, during the period beginning on the Closing Date and ending 12 months later (the “Applicable Continuation Period”), wages and other compensation and benefits which are comparable in the aggregate to those provided from time to time to similarly situated employees of the Buyers; provided, however, that (i) the base salary or base wages provided to each such Transferred Employee must be at least 100% of such Transferred Employee’s base salary or base wages, as applicable, immediately prior to the Closing, (ii) the amount of bonus opportunity and commission opportunity provided to each such Transferred Employee must be substantially comparable to that in effect with respect to such Transferred Employee immediately prior to the Closing, and (iii) all other wages, compensation and benefits shall be comparable in the aggregate to those provided immediately prior to the Closing, and duties and responsibilities shall be substantially comparable to such Transferred Employee’s duties and responsibilities immediately prior to the Closing. No Seller makes any representation as to whether any Mexx Canada Employee will accept or continue employment with the Buyers.
Sample 1
Benefits Continuation Period. For purposes of this Agreement, the “Benefits Continuation Period” shall mean the period from the Resignation Date until September 18, 2009.
Sample 1
Benefits Continuation Period. Section 8.7(a) By-Laws................................................. Section 3.2 Certificate............................................. Section 4.1(b) Closing................................................. Section 2.2
Sample 1
AutoNDA by SimpleDocs

Related to Benefits Continuation Period

  • Benefits Continuation (a) For leaves taken pursuant to Clauses 26.01, 26.02, and 26.07, the Employer shall maintain coverage for medical, extended health, dental, group life and long term disability, and shall pay the Employer's share of these premiums.

  • Benefit Continuation You and your then eligible dependents shall continue to be covered by and participate in the group health and dental care plans (collectively, “Health Plans”) of the Company (at the Company’s cost) in which you participated, or were eligible to participate, immediately prior to the Date of Termination through the end of the Benefit Continuation Period; provided, however, that any medical or dental welfare benefit otherwise receivable by you hereunder shall be reduced to the extent that you become covered under a group health or dental care plan providing comparable medical and health benefits. You shall be eligible to participate in such Health Plans on terms that are at least as favorable as those in effect immediately prior to the Date of Termination. However, in the event that the terms of the Company’s Health Plans do not permit you to participate in those plans (other than pursuant to an election under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”)), in lieu of your and your eligible dependent’s coverage and participation under the Company’s Health Plans, the Company shall pay to you within fifteen (15) calendar days after the effective date of the Waiver and Release a lump sum equal to two (2) times your monthly COBRA premium amount for the number of months remaining in the Benefit Continuation Period. In addition, for the purposes of coverage under COBRA, your COBRA event date will be the date of loss of coverage described in this paragraph above.

  • Salary Continuation If the Executive becomes totally disabled during the term of this Agreement, his full salary shall be continued for 360 days from the date of the disabling injury or onset of the disability illness.

  • Insurance Continuation The Board shall continue to pay the Board contribution necessary to continue all medical, dental, and life insurance plans for the employee while he/she is on leave under this article.

  • Continuation Coverage Consistent with state and federal laws, certain employees, former employees, dependents, and former dependents may continue group health, dental, and/or life coverage at their own expense for a fixed length of time. As of the date of this Agreement, state and federal laws allow certain group coverages to be continued if they would otherwise terminate due to:

  • Term and Continuation This Agreement shall take effect as of the date hereof, and shall remain in effect, unless sooner terminated as provided herein, until September 30, 2003, and shall continue thereafter on an annual basis with respect to each Series, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board, or (b) by vote of a majority of the outstanding voting securities of the Series, and provided continuance is also approved by the vote of a majority of the Board who are not parties to this Agreement or "interested persons" (as defined in the 1940 Act) of the Fund, cast in person at a meeting called for the xxxxxxx of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty with respect to the entire Fund or only with respect to one or more Series thereof: (a) by the Fund at any time with respect to the services provided by the Administrator by vote of (1) a majority of the Board members who are not "interested persons" (as such term is defined in the 1940 Act) of the Fund, or (2) a majority of the outstanding voting shares of the Fund or, with respect to a particular Series, by vote of a majority of the outstanding voting shares of such Series, on 60 days' written notice to the Administrator; and (b) by the Administrator on or after September 30, 2003, without the payment of any penalty, upon 60 days' written notice to the Fund.

  • Commencement and Continuation The Contractor shall commence the Project on the date the Contract was signed by the Department (as above) and, subject to Schedule Three, Clause 10.1 shall complete the Project on or before 31 August 2012. Contents Interpretations Schedule One Schedule Two Schedule Three Signatories page 37

  • Severance Period For purposes of this Agreement, “Severance Period” means the period of time commencing immediately after Executive’s separation of service from the Company through the date that is six (6) months following such separation date, plus an additional two (2) months for every fully completed Year of Service; provided, however, that in all cases the Severance Period will end no later than on the twelve (12)-month anniversary of the date of Executive’s termination of employment.

  • Benefit Period Following the Qualifying Period you will receive a monthly income until the earlier of:

  • COBRA Continuation Coverage Upon the termination of Executive’s active employment with the Company, Executive shall be entitled to elect continued medical and dental insurance coverage in accordance with the applicable provisions of COBRA and the Company shall pay such COBRA premiums.

Time is Money Join Law Insider Premium to draft better contracts faster.