Medicare Coverage. On August 2, 2002, ▇▇▇▇▇▇ will become Medicare eligible and all coverage under the Company's medical plan (as may be in force from time to time) will cease. Effective that date, ▇▇▇▇▇▇ will have the option of enrolling in the Medicare Supplement and Prescription Plan as may then be in effect and in accordance with its terms. If ▇▇▇▇▇▇ enrolls in the Medicare Supplement and Prescription Plan, ▇▇▇▇▇▇ will pay the premium cost to the insurance company as long as he participates in the Plan.
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Medicare Coverage. On August 2June 22, 20022003, ▇▇▇▇▇▇ will become Medicare eligible and all coverage under the Company's medical plan (as may be in force from time to time) will cease. Effective that date, ▇▇▇▇▇▇ will have the option of enrolling in the Medicare Supplement and Prescription Plan as may then be in effect and in accordance with its terms. If ▇▇▇▇▇▇ enrolls in the Medicare Supplement and Prescription Plan, ▇▇▇▇▇▇ will pay the premium cost to the insurance company as long as he participates in the Plan.
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Sources: Early Retirement Agreement (Lawson Products Inc/New/De/)