Cobra

Cobra. 3.5

Cobra. Shall mean the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended and any state law of similar effect. 9

Cobra. Shall mean the health care continuation requirements set forth in Code Section 4980B.

Cobra. Means Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended and Section 4980B of the Code.

Cobra. Subject to Executive's (or his or her successor) timely election of continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended ("COBRA") for Executive and his eligible dependents, and Executive's (or his or her successor) continued copayment of premiums associated with such coverage, the Company shall reimburse Executive (or his or her successor), on a monthly basis, for such portion of the monthly costs of continued health benefits for Executive and his... covered dependents as it had paid immediately prior to the Termination Event, from the Termination Event through the earlier of (A) (I) the Benefit Continuation Period (as defined below); (II) the date upon which Executive or his or her eligible dependents become covered under a comparable group plan for such applicable coverage; or (III) the date upon which Executive or his or her eligible dependents ceases to be eligible for COBRA continuation for such applicable coverage; provided that the provision of such coverage does not result in any penalty or excise tax on the Company or any of its affiliates or subsidiaries; provided further that to the extent that the payment of any such amount constitutes "nonqualified deferred compensation" for purposes of Section 409A of the Internal Revenue Code of 1986, as amended and the applicable regulations thereunder (the "Code"), any such payment scheduled 5 to occur during the first sixty (60) days following the termination of employment shall not be paid until the first regularly scheduled pay period following the sixtieth (60th) day following such termination and shall include payment of any amount that was otherwise scheduled to be paid prior thereto (the "Continued Benefits"). View More

Cobra. Means Consolidated Omnibus Reconciliation Act of 1985, as amended, as in effect from time to time during the Employment Period.

Cobra. Means the Consolidated Omnibus Budget Reconciliation Act, as the same may be amended from time to time, or any successor statute, together with any applicable regulations in effect at the time in question.

Cobra. Shall refer to continued group health insurance benefits under sections 601-607 of the Employee Retirement Income Security Act of 1974, as amended, (29 U.S.C. part 6) Act and the regulations promulgated thereunder.

Cobra. Means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, supplemented or substituted from time to time.

Cobra. Means the federal Consolidated Omnibus Budget Reconciliation Act.