COBRA Continuation. ▇▇▇▇▇▇ agrees to pay COBRA premiums to allow Employee to continue to participate in ▇▇▇▇▇▇’▇ group health plan on the same terms as other Lennox employees for up to 18 months while Employee is unemployed and not eligible for other group health insurance coverage. Should Employee remain unemployed and not otherwise eligible for other coverage at the end of 18 months, the equivalent of the COBRA premium will be paid to the employee on a month-to-month basis for up to six additional months for his or her use in obtaining health insurance coverage outside the group health plan.
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Sources: Employment Agreement (Lennox International Inc), Employment Agreement (Lennox International Inc)
COBRA Continuation. Lenn▇▇ ▇▇▇▇▇▇ agrees ees to pay COBRA premiums to allow Employee to continue to participate in ▇▇▇▇▇▇’▇ Lennox group health plan on the same terms as other Lennox employees for up to 18 months while Employee is unemployed and not eligible for other group health insurance coverage. Should Employee remain unemployed and not otherwise eligible for other coverage at the end of 18 months, the equivalent of the COBRA premium will be paid to the employee on a month-to-month basis for up to six additional months for his or her use in obtaining health insurance coverage outside the group health plan.
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COBRA Continuation. ▇L▇▇▇▇▇ agrees to pay COBRA premiums to allow Employee to continue to participate in ▇▇▇▇▇▇’▇ Lennox group health plan on the same terms as other Lennox employees for up to 18 months while Employee is unemployed and not eligible for other group health insurance coverage. Should Employee remain unemployed and not otherwise eligible for other coverage at the end of 18 months, the equivalent of the COBRA premium will be paid to the employee on a month-to-month basis for up to six additional months for his or her use in obtaining health insurance coverage outside the group health plan.
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