Common use of Group Health Coverage Clause in Contracts

Group Health Coverage. If Executive is eligible for and properly elects to continue Executive’s group health benefits pursuant to COBRA, CMI shall pay the premiums for such COBRA continuation coverage for up to twelve (12) months or such earlier date as Executive loses eligibility for such coverage.

Appears in 2 contracts

Sources: Change in Control Severance Agreement (Cascade Microtech Inc), Change in Control Severance Agreement (Cascade Microtech Inc)