CONTINUATION OF BENEFITS AFTER TERMINATION Sample Clauses

CONTINUATION OF BENEFITS AFTER TERMINATION a. After a Severance of Employment or a Non-Change in Control Termination, the Executive and the Executive's eligible dependents shall continue to be eligible to participate during the Benefit Continuation Period in the medical, dental, vision, health, disability, life and other similar plans and arrangements applicable to the Executive immediately prior to the Severance of Employment or Non-
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CONTINUATION OF BENEFITS AFTER TERMINATION. A. Every covered employee, covered spouse of an employee and/or covered dependent(s) of an employee, whose group health insurance (including dental insurance) is terminated for reasons of:
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CONTINUATION OF BENEFITS AFTER TERMINATION. If a Subscriber is totally disabled on the date this Agreement is terminated for reasons other than material misrepresentation or at the request of the Subscriber, and the Subscriber incurs charges for the disabling cause while the Subscriber remains so disabled, the Subscriber shall be entitled to benefits under the terms of this Agreement. Benefits will be provided, for charges incurred for the disabling cause, until the earlier of: (1) the end of the Medicare Benefit Period as defined in Section II of this Agreement; or (2) the exhaustion of benefits. Any such continuation of benefits after the date the Agreement is terminated is conditioned upon the continuous total disability of the Subscriber, and the providing of documentation as required by the Plan which evidences continued total disability. Receipt of Medicare Part D benefits will not be considered in determining continuous total disability. In no event will payment be made for charges incurred on or after the date the Subscriber is covered for benefits which are similar under any other arrangement. For the purposes of this provision, “total disability” shall mean a condition, commencing while this Agreement is in effect, resulting from illness or injury as a result of which, and as determined by the Plan, the Subscriber is unable to engage in the normal activities of an individual of the same age and sex.
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Related to CONTINUATION OF BENEFITS AFTER TERMINATION

  • Continuation of Benefits Following the termination of Executive’s employment hereunder, the Executive shall have the right to continue in the Company’s group health insurance plan or other Company benefit program as may be required by COBRA or any other federal or state law or regulation.

  • Termination of Benefit Plans Effective as of the day immediately preceding the Closing Date, the Company shall terminate all Company Employee Plans that are “employee benefit plans” subject to ERISA including any Company Employee Plans intended to include a Code Section 401(k) arrangement (unless Buyer provides written notice to the Company no later than three Business Days prior to the Closing Date that such 401(k) plans shall not be terminated). Unless Buyer provides such written notice to the Company, no later than three Business Days prior to the Closing Date, the Company shall provide Buyer with evidence that such Company Employee Plan(s) have been terminated (effective no later than the day immediately preceding the Closing Date) pursuant to resolutions of the Company Board. The form and substance of such resolutions shall be subject to review and approval of Buyer. The Company also shall take such other actions in furtherance of terminating such Company Employee Plan(s) as Buyer may reasonably require. In the event that termination of the Company’s 401(k) Plan would reasonably be anticipated to trigger liquidation charges, surrender charges or other fees then the Company shall take such actions as are necessary to reasonably estimate the amount of such charges and/or fees and provide such estimate in writing to Buyer no later than ten Business Days prior to the Closing Date.

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