Healthcare Coverage. Employee’s Company sponsored healthcare coverage will terminate effective March 31, 2014. Employee may thereafter elect to receive continued healthcare coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) in accordance with the provisions of COBRA. Employee is entitled to the benefits set forth in Sections 2 and 3 irrespective of Employee’s execution this Agreement.
Appears in 2 contracts
Sources: Confidential Transition and Separation Agreement, Confidential Transition and Separation Agreement (Ulthera Inc)