Common use of Healthcare Benefit Clause in Contracts

Healthcare Benefit. The Company shall, if permitted under the Company’s existing health insurance plans, continue Employee’s existing group health insurance coverage. If not so permitted, the Company shall reimburse Employee for any COBRA premiums paid by Employee for continued group health insurance coverage. Such health insurance coverage or reimbursement of COBRA premiums shall continue until the earlier of (A) the date twelve (12) months after the date of Employee’s termination of employment or (B) the date on which Employee commences New Employment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that its reimbursement of the COBRA premiums would result in a violation described in Section 2(a)(iii), the Company shall pay to Employee the Special Severance Payment described in Section 2(a)(iii).

Healthcare Benefit. The Company shall, if permitted under the Company’s existing health insurance plans, continue Employee’s existing group health insurance coverage. If not so permitted, the Company shall reimburse Employee for any COBRA premiums paid by Employee for continued group health insurance coverage. Such health insurance coverage or reimbursement of COBRA premiums shall continue until the earlier of (A) the date twelve (12) months after the date of Employee’s termination of employment or (B) the date on which Employee commences New Employment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that its reimbursement of the COBRA 4 WEST\258814665.2 premiums would result in a violation described in Section 2(a)(iii), the Company shall pay to Employee the Special Severance Payment described in Section 2(a)(iii).

Healthcare Benefit. The Company shall, if permitted under the Company’s existing health insurance plans, continue Employee’s existing group health insurance coverage. If not so permitted, the Company shall reimburse Employee for any COBRA premiums paid by Employee for continued group health insurance coverage. Such health insurance coverage or reimbursement of COBRA premiums shall continue until the earlier of (A) the date twelve (12) months after the date of Employee’s termination of employment or (B) the date on which Employee commences New Employment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that its reimbursement of the COBRA premiums would result in a violation described in Section 2(a)(iii2(a)(iv), the Company shall pay to Employee the Special Severance Payment described in Section 2(a)(iii2(a)(iv).