Continuation of Benefit Sample Clauses

The Continuation of Benefit clause ensures that certain rights, protections, or benefits provided under an agreement remain in effect even after the contract has ended or specific obligations have been fulfilled. For example, this clause might stipulate that confidentiality obligations, indemnity provisions, or insurance coverage continue to apply beyond the termination or expiration of the contract. Its core practical function is to protect parties from potential risks or liabilities that could arise after the main contractual relationship has concluded, thereby providing ongoing security and clarity regarding post-contract responsibilities.
Continuation of Benefit. ‌ When an employee is killed in the line of duty, the County will pay the full premiums for the continuance of the then current health insurance for the spouse and minor children to the extent required by then applicable law. This Section shall not be subject to the Grievance Procedure.
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Continuation of Benefit. The Village will provide benefits as required by the Public Safety Employee Benefits Act, as it may be amended.
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Continuation of Benefit. ‌ When an officer is killed in the line of duty, the Village will pay the full costs of premiums for current health insurance for the benefit of the spouse and minor children of the deceased Officer. Said coverage shall continue for the Officer's spouse until and unless the spouse remarries or becomes eligible for Medicare. Said coverage shall continue for the Officer’s minor children until they reach the age of twenty-five (25).
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Continuation of Benefit. The parties agree to abide by the provisions of 820 ILCS 320/10.
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Continuation of Benefit. In the event of the termination or expiration of this Agreement, insolvency of Health Plan or Company, or other cessation of business, Provider shall continue to provide services for all MA Members through the period for which premium was paid. To the extent Provider performs any continuity of care or other services for MA Members following the expiration or termination of the Agreement, the terms of this Exhibit shall continue to apply for so long as the Provider provides the services. 42 CFR §422.504(g)(2).
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Continuation of Benefit 
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Related to Continuation of Benefit

  • Continuation of Benefits (i) For a period of three years following the Termination of Employment (the “Benefit Continuation Period”), the Employee shall be treated as if Employee had continued to be an executive for all purposes under the Company’s health insurance plan and dental insurance plan; or if the Employee is prohibited from participating in such plans, the Company shall otherwise provide such benefits. Employee shall be responsible for any employee contributions for such insurance coverage. Following the Benefit Continuation Period, Employee shall be entitled to receive continuation coverage under Part 6 of Title I of ERISA (“COBRA Benefits”) by treating the end of this period as the applicable qualifying event (i.e., as a termination of employment) for purposes of ERISA Section 603(2)) and with the concurrent loss of coverage occurring on the same date, to the extent allowed by applicable law. (ii) For the Benefit Continuation Period, the Company shall maintain in force, at its expense, the Employee’s life insurance in effect under the Company’s voluntary life insurance benefit plan as of the Change-in-Control Date or as of the date of Termination of Employment, whichever coverage limits are greater. For purposes of clarification, the portion of the premiums in respect of such voluntary life insurance for which Employee and the Company are responsible, respectively, shall be the same as the portion for which the Company and Employee are responsible, respectively, immediately prior to the date of Termination of Employment or the Change-in-Control Date, as applicable. (iii) For the Benefit Continuation Period, the Company shall provide short-term and long-term disability insurance benefits to Employee equivalent to the coverage that the Employee would have had Employee remained employed under the disability insurance plans applicable to Employee on the date of Termination of Employment, or, at the Employee’s election, the plans applicable to Employee as of the Change-in-Control Date. Should Employee become disabled during such period, Employee shall be entitled to receive such benefits, and for such duration, as the applicable plan provides. For purposes of clarification, the portion of the premiums in respect of such short-term and long-term disability benefits for which Employee and the Company are responsible, respectively, shall be the same as the portion for which Employee and the Company are responsible, respectively, immediately prior to the date of Termination of Employment or the Change-in-Control Date, as applicable. (iv) Notwithstanding anything in this Agreement to the contrary, in no event shall the provision of in-kind benefits pursuant to this Section 3 during any taxable year of Employee affect the provision of in-kind benefits pursuant to this Section 3 in any other taxable year of Employee.

  • Duration of Benefits Eligibility for Income Protection benefits will cease upon the earliest of the following dates: 1.09.01 the date the member is no longer disabled from performing the duties of their regular position, or any alternative employment made available to the member by the City. 1.09.02 the date the member's Income Protection benefits have been expended. 1.09.03 the date the member dies.

  • Extension of Benefits Upon termination of insurance, whether due to termination of eligibility, or termination of the Contract, an extension of benefits shall be provided for a period of no less than 30 days for completion of a dental procedure that was started before Your coverage ended.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.