Document ID: 15063

Text:
(iii)In addition, the Company will pay the Companys portion (as set defined below) of the Employees COBRA continuation coverage (the COBRA Coverage) for 18 months. Following such period, the Company shall permit the Employee (including the Employees spouse and dependents) to (A)continue to participate in the Companys group health plan if permitted under such plan, (B)convert the Companys group health plan to an individual policy, or (C)obtain other similar coverage, in each case, for up to an additional six months after the expiration of the maximum required period by the Employee paying one-hundred percent of the premiums for medical, dental and/or vision coverage on an after-tax basis (Medical Benefits). Notwithstanding the foregoing, the benefits described in this Section 6.4(a)(iii) may be discontinued by the Company prior to the end of the period provided in this subsection (iii)to the extent, but only to the extent, that the Employee receives substantially similar benefits from a subsequent employer.

Named Entities:
22
22
Act
27
27
Act
117
118
Percentage

Tokenized Text:
(
iii
)
In
addition
,
the
Company
will
pay
the
Companys
portion
(
as
set
defined
below
)
of
the
Employees
COBRA
continuation
coverage
(
the
COBRA
Coverage
)
for
18
months
.
Following
such
period
,
the
Company
shall
permit
the
Employee
(
including
the
Employees
spouse
and
dependents
)
to
(
A
)
continue
to
participate
in
the
Companys
group
health
plan
if
permitted
under
such
plan
,
(
B
)
convert
the
Companys
group
health
plan
to
an
individual
policy
,
or
(
C
)
obtain
other
similar
coverage
,
in
each
case
,
for
up
to
an
additional
six
months
after
the
expiration
of
the
maximum
required
period
by
the
Employee
paying
one-hundred
percent
of
the
premiums
for
medical
,
dental
and
/
or
vision
coverage
on
an
after-tax
basis
(
Medical
Benefits
)
.
Notwithstanding
the
foregoing
,
the
benefits
described
in
this
Section
6
.
4
(
a
)
(
iii
)
may
be
discontinued
by
the
Company
prior
to
the
end
of
the
period
provided
in
this
subsection
(
iii
)
to
the
extent
,
but
only
to
the
extent
,
that
the
Employee
receives
substantially
similar
benefits
from
a
subsequent
employer
.