Benefits Definition Example with 4 Variations

This page contains an example definition of Benefits, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Benefits. The types and amounts of benefits provided under Paragraph 3.7, provided that if at the date of reference the terms of any Employer insurance plan prohibit the continuance or recommencement of insurance benefits that Executive formerly held, Employer shall be obligated to pay to Executive in cash on a monthly basis an amount equal to Employer's former premium payments (pro rated on a monthly basis) for the benefit of Executive under such plan, except that if Executive is entitled to COBRA... health insurance benefits the amount shall be increased to the amount payable by Executive for such benefits if higher than Employer's former premium payments. View More Arrow
Found in 1st Pacific Bancorp contract

Variations

Benefits. The the types and amounts of benefits provided under Paragraph 3.7, 3.6, provided that if at the date of reference the terms of any Employer Bank insurance plan prohibit the continuance or recommencement of insurance benefits that Executive formerly held, Employer the Bank shall be obligated to pay to Executive in cash on a monthly basis an amount equal to Employer's the Bank's former premium payments (pro rated on a monthly basis) for the benefit of Executive under such plan, except that if... Executive is entitled to COBRA health insurance benefits the 1 amount shall be increased to the amount payable by Executive for such benefits if higher than Employer's the Bank's former premium payments. View More Arrow
Found in 1st Pacific Bancorp contract
Benefits. The means the types and amounts of benefits provided under Paragraph 3.7, provided that if at the date of reference the terms of any Employer Bank insurance plan prohibit the continuance or recommencement of insurance benefits that Executive formerly held, Employer the Bank shall be obligated to pay to Executive in cash on a monthly basis an amount equal to Employer's the Bank's 1 former premium payments (pro rated on a monthly basis) for the benefit of Executive under such plan, except that if... Executive is entitled to COBRA health insurance benefits the amount shall be increased to the amount payable by Executive for such benefits if higher than Employer's the Bank's former premium payments. View More Arrow
Found in 1st Pacific Bancorp contract
Benefits. The the types and amounts of benefits provided under Paragraph 3.7, 3.6, provided that if at the date of reference the terms of any Employer Bank insurance plan prohibit the continuance or recommencement of insurance benefits that Executive formerly held, Employer the Bank shall be obligated to pay to Executive in cash on a monthly basis an amount equal to Employer's the Bank's former premium payments (pro rated on a monthly basis) for the benefit of Executive under such plan, except that if... Executive is entitled to COBRA health insurance benefits the amount shall be increased to the amount payable by Executive for such benefits if higher than Employer's the Bank's former premium payments. 1 View More Arrow
Found in 1st Pacific Bancorp contract
Benefits. The the types and amounts of benefits provided under Paragraph 3.7, 3.6, provided that if at the date of reference the terms of any Employer Bank insurance plan prohibit the continuance or recommencement of insurance benefits that Executive formerly held, Employer the Bank shall be obligated to pay to Executive in cash on a monthly basis an amount equal to Employer's the Bank's former premium payments (pro rated on a monthly basis) for the benefit of Executive under such plan, except that if... Executive is entitled to COBRA health insurance benefits the amount shall be increased to the amount payable by Executive for such benefits if higher than Employer's the Bank's former premium payments. View More Arrow
Found in 1st Pacific Bancorp contract
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