Common use of Benefit Continuation Clause in Contracts

Benefit Continuation. Provided Executive is eligible for COBRA coverage, and has not been terminated from employment for Cause or resigned without Good Reason, then the Company shall pay the Executive's COBRA premiums for a period of eighteen months from the Termination Date in order to continue Executive's health insurance coverage and maintain such coverage in effect.

Appears in 4 contracts

Samples: Agreement (Stein Mart Inc), Agreement (Stein Mart Inc), Agreement (Stein Mart Inc)

AutoNDA by SimpleDocs

Benefit Continuation. Provided Executive is eligible for COBRA coverage, and has not been terminated from employment for Cause or resigned without Good Reason, then the Company shall pay the Executive's ’s COBRA premiums for a period of eighteen months from the Termination Date date of Executive’s termination of employment in order to continue Executive's ’s health insurance coverage and maintain such coverage in effect.

Appears in 2 contracts

Samples: Employment Agreement (Stein Mart Inc), Employment Agreement (Stein Mart Inc)

Benefit Continuation. Provided Executive is eligible for COBRA coverage, and has not been terminated from employment for Cause or resigned without Good Reason, then the Company shall pay the Executive's ’s COBRA premiums for a period of eighteen months from the Termination Date in order to continue Executive's ’s health insurance coverage and maintain such coverage in effect.

Appears in 2 contracts

Samples: Agreement (Stein Mart Inc), Hawkins Agreement (Stein Mart Inc)

AutoNDA by SimpleDocs

Benefit Continuation. Provided Executive is eligible for COBRA coverage, and has not been terminated from employment for Cause or resigned without Good Reason, then the Company shall pay the Executive's ’s COBRA premiums for a period of eighteen months from the Termination Date applicable Continuation Period in order to continue Executive's ’s health insurance coverage and maintain such coverage in effect.

Appears in 2 contracts

Samples: Agreement (Stein Mart Inc), Agreement (Stein Mart Inc)

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