Medical and Dental Insurance Benefits. In addition to Monthly Severance Payments, subject to the execution of a release as described in Section 6.3(a)(ii), Corporation will continue to provide or will arrange to provide (at Corporation’s cost) Executive with medical and dental insurance benefits substantially similar to those to which Executive was entitled as of the date of termination until Corporation’s obligation to make Monthly Severance Payments expires (without giving effect to any prepayment pursuant to the Outside Payment Date provisions of Section 6.3(a)); provided, however, that (i) if Executive is employed with another employer and is eligible to receive medical and dental insurance benefits under another employer-provided plan, Corporation’s obligation to provide the medical and dental benefits described in this paragraph will terminate automatically, and (ii) any payments or reimbursements from Corporation that are not exempt from taxation under Sections 105 or 106 of the Internal Revenue Code must be made by Corporation no later than the Outside Payment Date.
Medical and Dental Insurance Benefits. In addition to Monthly Severance Payments, subject to the execution of a release as described in Section 6.3(a)(ii), Corporation will continue to provide or will arrange to provide (at Corporation’s cost) Executive with medical and dental insurance benefits substantially similar to those to which Executive was entitled as of the date of termination until Corporation’s obligation to make Monthly Severance Payments expires; provided, however, that if Executive is employed with another employer and is eligible to receive medical and dental insurance benefits under another employer-provided plan, Corporation’s obligation to provide the medical and dental benefits described in this paragraph will terminate automatically.
Medical and Dental Insurance Benefits. The City shall provide insurance or funds equal to the City's contribution for active unit employees for Medical and Dental Insurance for the qualified spouse and/or qualified dependents, as currently covered by the City's Medical and Dental Insurance plans, of any unit employee who dies while on active duty from injuries incurred while performing his or her job duties or who dies as a direct cause of such injuries. The maximum amount of the subsidy shall not exceed the City's contribution for such insurance provided to active unit employees covered by this memorandum of understanding.
Medical and Dental Insurance Benefits. Insurance benefits will end the last day of the month in which the Separation Date occurs. Should Employee be eligible for and elect COBRA coverage for medical and/or dental benefits, Fresh Choice will pay the cost of the COBRA premiums, less the amount Employee paid as an active employee, for the applicable Severance Period. Thereafter, the Employee is responsible for the timely payment of full cost of the COBRA premium for the remainder of the applicable COBRA period. It is intended by the parties hereto that the provisions of this Agreement shall become effective as of the date of approval by the Board's Compensation Committee and shall terminate on the sixth month anniversary of the Transfer of Control Event.
Medical and Dental Insurance Benefits. In addition to Monthly Severance Payments, Corporation will continue to provide or will arrange to provide Executive with medical and dental insurance benefits substantially similar to those to which Executive was entitled as of the date of termination until Corporation's obligation to make Monthly Severance Payments expires; provided, however, that if Executive is employed with another employer and is eligible to receive medical and dental insurance benefits under another employer-provided plan, the medical and dental benefits described in this paragraph will be secondary to those provided under such other plan.
Medical and Dental Insurance Benefits. Section 11.1 Each employee covered by this agreement shall be eligible to receive the state insurance benefit allocation amount, plus the state (HCA) retiree subsidy; per month per FTE toward the premium payment of District approved basic benefit insurance plans. For the purpose of this section, an employee’s benefit FTE shall be defined as the total number of North Kitsap School District calendared school days multiplied by eight (8) hours and shall be based on an employee's regularly scheduled work hours. District will pool unused contributions in October and March.
Medical and Dental Insurance Benefits. Executive, Executive's spouse and dependent children will be eligible for coverage by Carolina First's medical and dental benefits, without cost, until Executive becomes eligible for Medicare. When Executive becomes eligible for Medicare, the Company will provide, at its expense for Executive and Executive's spouse for the remainder of their lives, an insurance supplement for medical and dental insurance coverage comparable (when combined with Medicare) to the coverage provided by the Company at the time the supplemental insurance is purchased.
Medical and Dental Insurance Benefits. The Company agrees to provide continuation of medical and dental benefits under the Company’s benefit plans for the benefit of Consultant (and his spouse and dependents, if applicable), under the same benefit elections in effect for Consultant immediately before the commencement of this Agreement, at active employee rates. Such medical and dental coverage will be the same coverage that the Company’s benefit plans provide to other participants and beneficiaries under such plans. Consultant shall pay to the Company the same contributions that active employees pay pursuant to Company policies. After the expiration or termination of this Agreement, continuation of medical and dental benefits shall be available for the benefit of Consultant (and his spouse and dependents) under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) and Consultant shall pay the full COBRA cost of such benefits.
Medical and Dental Insurance Benefits. Executive shall be entitled to receive continuation, at the Company’s expense, of the medical and dental insurance benefits to which Executive was entitled during the Company’s fiscal year 2010 prior to the Separation Date, for a period equal to the lesser of (x) twelve months following the Separation Date, or (y) the period ending on the date Executive first becomes entitled to receive similar benefits, following completion of any waiting period, under any plan maintained by any person for whom Executive provides services as an employee or otherwise.
Medical and Dental Insurance Benefits. Medical and dental insurance benefits will end the last day of the month in which the Separation Date occurs. Should the Employee be eligible for and properly and timely elect COBRA coverage for medical and/or dental benefits, the Company will pay a portion of the COBRA premiums equal to the dollar amount the Company paid toward the Employee’s medical and/or dental benefits as of the Separation Date. The Employee shall pay the remaining COBRA premium (i.e., the total COBRA premium less the Company contribution), including any subsequent COBRA premium increases. The Company’s obligation to contribute towards the COBRA premiums shall cease upon the earlier of (i) the applicable Severance Period; (ii) the actual COBRA continuation period; or (iii) the Employee’s failure to timely remit any COBRA premium or contributions toward such premiums.
