l. Contract approval
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l. Contract approval
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<br />2.4 TERMINATION OF PARTICIPATION <br /> <br />I A Participant shall no longer participate in this Plan upon the occurrence of any <br />of the following events: <br /> <br />I (a) Termination of employment. His termination of employment, <br />subject to the provisions of Section 2.5; <br /> <br />(b) Death. His death, subject to the provisions of Section 2.6; or <br /> <br />(c) Termination of the plan. The termination of this Plan, subject to <br />the provisions of Section 10.2. <br /> <br />2.5 TERMINATION OF EMPLOYMENT <br />I <br />~' If a Participant's employment with the Employer is terminated for any reason <br />other han death, his participation in the Benefit Options provided under Section 4.1 shall be <br />gover ed in accordance with the following: <br /> <br />(a) Insurance Benefit. With regard to Benefits provided under <br />Section 4.1, the Participant's participation in the Plan shall cease, subject to the <br />Participant's right to continue coverage under any Insurance Contract or <br />self-funded benefit for which premiums have already been paid. <br /> <br />(b) Dependent Care FSA. With regard to the Dependent Care <br />Flexible Spending Account, the Participant's participation in the Plan shall cease <br />and no further Salary Redirection contributions shall be made. However, such <br />Participant may submit claims for employment related Dependent Care Expense <br />reimbursements for claims incurred up to the date of termination and submitted <br />within 90 days after termination, based on the level of the Participant's <br />Dependent Care Flexible Spending Account as of the date of termination. <br /> <br />(c) COBRA applicability. With regard to the Health Flexible <br />Spending Account, the Participant may submit claims for expenses that were <br />incurred during the portion of the Plan Year before the end of the period for which <br />payments to the Health Flexible Spending Account have already been made. <br />Thereafter, the health benefits under this Plan including the Health Flexible <br />Spending Account shall be applied and administered consistent with such further <br />rights a Participant and his Dependents may be entitled to pursuant to Code <br />Section 4980B and Section 11.13 of the Plan. <br /> <br />2.6 DEATH <br /> <br />If a Participant dies, his participation in the Plan shall cease. However, such <br />Partic pant's beneficiaries, or the representative of his estate, may submit claims for expenses <br />or be efits for the remainder of the Plan Year or until the Cafeteria Plan Benefit Dollars <br />alloca ed to each speCific benefit are exhausted. A Participant may designate a specific <br />benef ciary for this purpose. If no such beneficiary is specified, the Administrator may designate <br />the PjrticiPant's Spouse, one of his Dependents or a representative of his estate. <br /> <br />4 <br />
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