Benefit Plan Coverage. The Company shall maintain in full force and effect for Employee and his dependents for six months after the date of termination, all life, health, accident, and disability benefit plans and other similar employee benefit plans, programs and arrangements in which Employee or his dependents were entitled to participate immediately prior to the date of termination, in such amounts as were in effect immediately prior to the date of termination, provided that such continued participation is possible under the general terms and provisions of such benefit plans, programs and arrangements. In the event that participation in any benefit plan, program or arrangement described above is barred, or any such benefit plan, program or arrangement is discontinued or the benefits thereunder materially reduced, the Company shall arrange to provide Employee and his dependents for six months after the date of termination with benefits substantially similar to those that they were entitled to receive under such benefit plans, programs and arrangements immediately prior to the date of termination. Notwithstanding any time period for continued benefits stated in this Paragraph 7b.iii., all benefits in this Paragraph 7b.iii. will terminate on the date that Employee becomes an employee of another employer and eligible to participate in the employee benefit plans of such other employer. To the extent that Employee was required to contribute amounts for the benefits described in this Paragraph 7b.iii. prior to his termination, he shall continue to contribute such amounts for such time as these benefits continue in effect after termination.
Benefit Plan Coverage. Benefit plans shall include coverage for dependents based on Medical Services Plan eligibility rules, if required by the employee.
Benefit Plan Coverage. The Company shall maintain in full force and effect for Employee and his dependents for two years after the date of termination, all life, health, accident, and disability benefit plans and other similar employee benefit plans, programs and arrangements in which Employee or his dependents were entitled to participate immediately prior to the date of termination, in such amounts as were in effect immediately prior to the date of termination, provided that such continued participation is possible under the general terms and provisions of such benefit plans, programs and arrangements. In the event that participation in any benefit plan, program or arrangement described above is barred, or any such benefit plan, program or arrangement is discontinued or the benefits thereunder materially reduced, the Company shall arrange to provide Employee and his dependents for two years after the date of termination with benefits substantially similar to those that they were entitled to receive under such benefit plans, programs and arrangements immediately prior to the date of termination. If immediately prior to the date of termination the Company provided Employee with any club memberships, Employee will be entitled to continue such memberships at his sole expense. Notwithstanding any time period for continued benefits stated in this subparagraph 7.b.iii, all benefits in this subparagraph 7.b.iii will terminate on the date that Employee becomes an employee of another employer and eligible to participate in the employee benefit plans of such other employer. To the extent that Employee was required to contribute amounts for the benefits described in this subparagraph 7.b.iii prior to his termination, he shall continue to contribute such amounts for such time as these benefits continue in effect after termination.
Benefit Plan Coverage. The Company shall maintain in full force and effect for Xxxxxxx and his dependents for six months after the date of termination, all life, health, accident, and disability benefit plans and other similar employee benefit plans, programs and arrangements in which Xxxxxxx or his dependents were entitled to participate immediately prior to the date of termination, in such amounts as were in effect immediately prior to the date of termination, provided that such continued participation is possible under the general terms and provisions of such benefit plans, programs and arrangements. In the event that participation in any benefit plan, program or arrangement described above is barred, or any such benefit plan, program or arrangement is discontinued or the benefits thereunder materially reduced, the Company shall arrange to provide Xxxxxxx and his dependents for six months after the date of termination with benefits substantially similar to those that they were entitled to receive under such benefit plans, programs and arrangements immediately prior to the date of termination. Notwithstanding any time period for continued benefits stated in this Paragraph 8b.iii, all benefits in this Paragraph 8b.iii will terminate on the date that Xxxxxxx becomes an employee of another employer and eligible to participate in the employee benefit plans of such other employer. To the extent that Xxxxxxx was required to contribute amounts for the benefits described in this Paragraph 8b.iii prior to his termination, he shall continue to contribute such amounts for such time as these benefits continue in effect after termination.
Benefit Plan Coverage. Executive (and Executive's spouse and dependents where applicable) will receive coverage under Acquiror's group health plan, group dental plan, and group life and AD&D plan (the "Group Plans") at Acquiror's expense, from and after the Effective Time for a period of 36 months. In lieu of such coverage under the Group Plans, Acquiror may pay the Executive the present value of such benefits (grossed-up under Section 5 of the Executive's Employment Agreement with the Company); provided that Executive shall then be allowed to continue in Acquiror's Group Plans for 36 months upon payment of premiums for coverage under the same to Acquiror.
Benefit Plan Coverage. The Employer agrees to remit the premium cost of the Health and Welfare Plan, which is administered by the CLAC Health and Welfare Trust Fund, on behalf of all eligible employees, subject to the provisions of Section 3 and Section 4 below. An outline of the Plan is found in Appendix “K”. All eligible employees, including dependent contractors, must, at a minimum, participate in the critical coverage portions of the Plan.
Benefit Plan Coverage. The Company shall maintain in full force and effect for Employee and his dependents for six months after the date of termination, all life, health, accident, and disability benefit plans and other similar employee benefit plans, programs and arrangements in which Employee or his dependents were entitled to participate immediately prior to the date of termination, in such amounts as were in effect immediately prior to the date of termination, provided that such continued participation is possible under the general terms and provisions of such benefit plans, programs and arrangements. In the event that participation in any benefit plan, program or arrangement described above is barred, or any such benefit plan, program or arrangement is discontinued or the benefits thereunder materially reduced, the Company shall arrange to
Benefit Plan Coverage. Executive (and Executive's spouse and dependents where applicable) will receive coverage under Acquiror's group health plan, group dental plan, and group life and AD&D plan (the "Group Plans") at Acquiror's expense, from and after the Effective Time for a period of 36 months. In lieu of such coverage under the Group Plans, Acquiror may pay the Executive the present value of such benefits.
Benefit Plan Coverage. The Company shall maintain in full force and effect for Employee and his dependents for six months after the date of termination, all life, health, accident,
Benefit Plan Coverage. The Company shall maintain in full force and effect for Employee and his dependents for six months after the date of termination, all life, health, accident, and disability benefit plans and other similar employee benefit plans, programs and arrangements in which Employee or his dependents were entitled to participate immediately prior to the date of termination, in such amounts as were in effect immediately prior to the date of termina tion.
