Common use of Continued Healthcare Clause in Contracts

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen (18)-month anniversary of the Termination Date and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 10 contracts

Samples: Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp)

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Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company Broadcom shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen twelve (18)-month 12) month anniversary of the Termination Date and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company Broadcom ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 7 contracts

Samples: Severance Benefit Agreement (Broadcom Inc.), Severance Benefit Agreement (Broadcom Inc.), Severance Benefit Agreement (Broadcom Inc.)

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen (18)-month 18) month anniversary of the Termination Date and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp), Change in Control Severance Agreement (Nevro Corp)

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen twenty-four (18)-month 24) month anniversary of the Termination Date date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Ellie Mae Inc), Employment Agreement (Ellie Mae Inc)

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen (18)-month 18) month anniversary of the Termination Date date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 2 contracts

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

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the COBRA premium for Executive and Executive’s ’ s covered dependents through the earlier of (i) the eighteen six (18)-month 6) month anniversary of the Termination Date date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance with the provisions of COBRA.

Appears in 2 contracts

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

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen (18)-month 18) month anniversary of the Termination Date and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.. US-DOCS\108656691.1

Appears in 1 contract

Samples: Change in Control Severance Agreement (Nevro Corp)

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or or, at Executive’s request, reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of twelve (i12) the eighteen (18)-month month anniversary of the Termination Date and (ii) the date Executive and of Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s)termination of employment. After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Micrel Inc)

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen first (18)-month 1st) anniversary of the Termination Date and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Nevro Corp)

Continued Healthcare. If Executive is eligible for and elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s 's covered dependents through the earlier of (i) the eighteen (18)-month 18) month anniversary of the Termination Date date of Executive's termination of employment and (ii) the date Executive and Executive’s 's covered dependents, if any, become eligible for healthcare coverage under another employer’s 's plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s 's expense in accordance with the provisions of COBRA.. EXHIBIT 10.3

Appears in 1 contract

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

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Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s 's covered dependents through the earlier of (i) the eighteen (18)-month 18) month anniversary of the Termination Date date of Executive's termination of employment and (ii) the date Executive and Executive’s 's covered dependents, if any, become eligible for healthcare coverage under another employer’s 's plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s 's expense in accordance the provisions of COBRA.

Appears in 1 contract

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

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s ’ s covered dependents through the earlier of (i) the eighteen (18)-month 18) month anniversary of the Termination Date date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligiblefor any remaining period of COBRA coverage, elect to continue healthcare coverage at Executive’s expense in accordance with the provisions of COBRA.

Appears in 1 contract

Samples: Change of Control and Severance Agreement (Hyperion Therapeutics Inc)

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen (18)-month anniversary last day of the Termination Date [ ] ([ ])(5) full calendar month anniversary following the date Release of Claims becomes effective and irrevocable and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 1 contract

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

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the COBRA premium for Executive and Executive’s ’ s covered dependents through the earlier of (i) the eighteen twelve (18)-month 12) month anniversary of the Termination Date date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance with the provisions of COBRA.

Appears in 1 contract

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

Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the eighteen twelve (18)-month 12) month anniversary of the Termination Date date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

Appears in 1 contract

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

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