Common use of Health Care Continuation Clause in Contracts

Health Care Continuation. If at his termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the period of such COBRA Continuation (or for twelve (12) months, if less), the Company shall also pay that share of the premium cost of Executive's COBRA Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 18 contracts

Samples: Retention Agreement (Wheeling Pittsburgh Corp /De/), Bankruptcy Retention Agreement (Wheeling Pittsburgh Corp /De/), Retention Agreement (Wheeling Pittsburgh Corp /De/)

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Health Care Continuation. If at his termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the period of such COBRA Continuation (or for twelve (12) months, if less), the Company shall also pay that share of the premium cost of Executive's ’s COBRA Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's ’s group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 11 contracts

Samples: Employment Agreement (Wheeling Pittsburgh Corp /De/), Employment Agreement (Wheeling Pittsburgh Corp /De/), Employment Agreement (Wheeling Pittsburgh Corp /De/)

Health Care Continuation. If at his termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the period of such COBRA Continuation (or for twelve (12) months, if less)Continuation, the Company shall also pay that share of the premium cost of Executive's ’s COBRA Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's ’s group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 7 contracts

Samples: Employment Agreement (Wheeling Pittsburgh Corp /De/), Employment Agreement (Wheeling Pittsburgh Corp /De/), Employment Agreement (Wheeling Pittsburgh Corp /De/)

Health Care Continuation. If at his Executive’s termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the a period of eighteen (18) months from such COBRA Continuation (or for twelve (12) months, if less)election, the Company shall also pay that share of the premium cost of Executive's ’s COBRA Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's ’s and/or its subsidiaries’ group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 6 contracts

Samples: Employment Agreement (Esmark INC), Employment Agreement (Esmark INC), Employment Agreement (Esmark INC)

Health Care Continuation. If at his Executive’s termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the a period of eighteen (18) months from such COBRA Continuation (or for twelve (12) months, if less)election, the Company shall also pay that share of the premium cost of Executive's ’s COBRA Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's ’s group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 2 contracts

Samples: Employment Agreement (Esmark INC), Employment Agreement (Esmark INC)

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Health Care Continuation. If at his termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the period of such COBRA Continuation (or for twelve (12) months, if less)Continuation, the Company shall also pay that share of the premium cost of Executive's COBRA Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 2 contracts

Samples: Bankruptcy Retention Agreement (Wheeling Pittsburgh Corp /De/), Retention Agreement (Wheeling Pittsburgh Corp /De/)

Health Care Continuation. If at his Executive’s termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the a period of eighteen (18) months from such COBRA Continuation (or for twelve (12) months, if less)election, the Company shall also pay that share of the premium cost of Executive's ’s COBRA Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's ’s or its subsidiaries’ group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 2 contracts

Samples: Employment Agreement (Esmark INC), Employment Agreement (Esmark INC)

Health Care Continuation. If at his termination of employment by the Company without Cause the Executive is eligible to and timely elects continued health coverage under Sections 601-607 of ERISA ("COBRA Continuation") then, for the period of such COBRA Continuation (or for twelve (12) months, if less)Continuation, the Company shall also pay that share of the premium cost of Executive's ’s COBRA EXECUTION VERSION Continuation (and that of his eligible dependents also electing COBRA Continuation) in the Company's ’s group health plan as it pays for active employees of the Company and their dependents generally.

Appears in 1 contract

Samples: Employment Agreement (Wheeling Pittsburgh Corp /De/)

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