Common use of COBRA Rights Clause in Contracts

COBRA Rights. It is understood that the Executive's rights under this Section 7 are in lieu of all other rights which the Executive may otherwise have had upon termination of employment under this Agreement; provided, however, that no provision of this Agreement is intended to adversely affect the Executive's rights under the Consolidated Omnibus Budget Reconciliation Act of 1985.

Appears in 4 contracts

Samples: Employment Agreement (Serefex Corp), Employment Agreement (Home Depot Inc), Employment Agreement (Home Depot Inc)

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COBRA Rights. It is understood that the Executive's rights under this Section 7 are in lieu of all other rights which the Executive may otherwise have had upon termination of employment under this Agreement; provided, however, that no provision of this Agreement is intended to adversely affect the Executive's rights under the Consolidated Consolidate Omnibus Budget Reconciliation Act of 1985.

Appears in 1 contract

Samples: Employment Agreement (Unifi Inc)

COBRA Rights. It is understood that the Executive's ’s rights under this Section 7 are in lieu of all other rights which the Executive may otherwise have had upon termination of employment under this Agreement; provided, however, that no provision of this Agreement is intended to adversely affect the Executive's ’s rights under the Consolidated Consolidate Omnibus Budget Reconciliation Act of 1985.

Appears in 1 contract

Samples: Employment Agreement (Unifi Inc)

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COBRA Rights. It is understood that the Executive's ’s rights under this Section 7 are in lieu of all other rights which the Executive may otherwise have had upon termination of employment under this Agreement; provided, however, that no provision of this Agreement is intended to adversely affect the Executive's ’s rights under the Consolidated Omnibus Budget Reconciliation Act of 1985.

Appears in 1 contract

Samples: Employment Agreement (Home Depot Inc)

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