Welfare Benefit Plans

Example Definitions of "Welfare Benefit Plans"
Welfare Benefit Plans. (i) for a period of months following the Date of Termination, the Employer shall continue to provide medical, hospitalization, prescription and dental insurance coverages ("Insurance Coverages") to Executive and/or Executive's family at least equal to those which would have been provided to them in accordance with the Employer's Insurance Coverages as of the Date of Termination had Executive's employment not been terminated; provided, however, that if Executive becomes employed with another... employer and is eligible to receive substantially the same benefits under the other employer's plans as Executive and/or Executive's family would receive under the Insurance Coverages, the Insurance Coverages shall be secondary to those provided under the other employer's plans. View More
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