Common use of COBRA Coverage Clause in Contracts

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 37 contracts

Samples: Change in Control and Severance Agreement (Enliven Therapeutics, Inc.), Change in Control and Severance Agreement (Enliven Therapeutics, Inc.), Change in Control and Severance Agreement (Enliven Therapeutics, Inc.)

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COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve eighteen (1218) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 6 contracts

Samples: Change in Control and Severance Agreement (Enliven Therapeutics, Inc.), Change in Control and Severance Agreement (Enliven Therapeutics, Inc.), Change in Control and Severance Agreement (Arcellx, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employmentemployment equal to the Severance Period, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 5 contracts

Samples: Change in Control and Severance Agreement (Outset Medical, Inc.), Control and Severance Agreement (Silk Road Medical Inc), Control and Severance Agreement (Silk Road Medical Inc)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) [ ] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (Momentive Global Inc.), Change in Control and Severance Agreement (Sumo Logic, Inc.), Change in Control and Severance Agreement (SVMK Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s 's termination of employmentemployment equal to the Severance Period, (B) the date upon which the Executive (and the Executive’s 's eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (Silk Road Medical Inc), Change in Control and Severance Agreement (Silk Road Medical Inc), Change in Control and Severance Agreement (Silk Road Medical Inc)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employmentemployment equal to the Severance Period (not to exceed eighteen (18) months), (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (Silk Road Medical Inc), Control and Severance Agreement (Silk Road Medical Inc), Change in Control and Severance Agreement (Outset Medical, Inc.)

COBRA Coverage. Subject to Section 3(d7(d), the Company will provide COBRA Coverage until the earliest earlier of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the and/or Executive’s eligible dependents, as applicable) dependents becomes covered under similar plans, plans or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 3 contracts

Samples: Executive Employment Agreement (Nlight, Inc.), Executive Employment Agreement (Nlight, Inc.), Executive Employment Agreement (Nlight, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) 12 months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (RxSight, Inc.), Change in Control Severance Agreement (RxSight, Inc.), Change in Control Severance Agreement (RxSight, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s 's termination of employmentemployment equal to the Severance Period (not to exceed eighteen (18) months), (B) the date upon which the Executive (and the Executive’s 's eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Silk Road Medical Inc), Change in Control and Severance Agreement (Silk Road Medical Inc)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of [[CEO: twenty-four (24)] [Tier 2: eighteen (18)][Tier 3: twelve (12) )]] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Arlo Technologies, Inc.), Change in Control and Severance Agreement (Arlo Technologies, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) 18 months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Vizio Holding Corp.), Change in Control Severance Agreement (RxSight, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA...

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (JFrog LTD), Change in Control and Severance Agreement (JFrog LTD)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employmentemployment equal to the Severance Period, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (( C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Silk Road Medical Inc), Change in Control and Severance Agreement (Silk Road Medical Inc)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve eighteen (1218) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA...

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (JFrog LTD), Change in Control and Severance Agreement (JFrog LTD)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of [[CEO: eighteen (18)] [Tier 2: twelve (12) 12)][Tier 3: six (6)]] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Domo, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of [CEO: eighteen (18)] [Other Executives: twelve (12) months )] [Tier 3 and Tier 4 Executives: nine (9)]months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA...

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Minerva Surgical Inc)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) [Tier 1: 18][Tier 2: 12][Tier 3: 6] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Vizio Holding Corp.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of [CEO: twenty-four (24)] [CMO, CTO, CFO, Other CXOs: eighteen (18)] [VPs: twelve (12) )] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Arcellx, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) [[CEO: 18] [Tier 2: 12][Tier 3: 9]] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Alector, Inc.)

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COBRA Coverage. Subject to Section 3(d2(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Momentive Global Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve eighteen (1218) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Outset Medical, Inc.)

COBRA Coverage. Subject to Section 3(d7(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Employment Agreement (Elastic N.V.)

COBRA Coverage. Subject to Section 3(d7(d), the Company will provide COBRA Coverage until the earliest earlier of (A) a period of twelve (12) 12 months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the and/or Executive’s eligible dependents, as applicable) dependents becomes covered under similar plans, plans or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.. (iii)

Appears in 1 contract

Samples: Executive Employment Agreement (Nlight, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Sumo Logic, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve [— (12) —)] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Roblox Corp)

COBRA Coverage. Subject to Section 3(d3(e), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve twenty-four (1224) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Netgear, Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve six (126) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Momentive Global Inc.)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve twenty-four (1224) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Netgear, Inc)

COBRA Coverage. Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of [eighteen (18) / twelve (12) / nine (9)] months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Codex DNA, Inc.)

COBRA Coverage. Subject to Section 3(d7(d), the Company will provide COBRA Coverage until the earliest earlier of (A) a period of twelve eighteen (1218) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the and/or Executive’s eligible dependents, as applicable) dependents becomes covered under similar plans, plans or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

Appears in 1 contract

Samples: Executive Employment Agreement (Nlight, Inc.)

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