Exhibit Description Amendment No. 3 to the Employment Agreement between CONMED Corporation and Eugene R. Corasanti dated December 16, 1996.Agreement with William W. Abraham to provide lifetime medical coverage dated May 17, 2005
Exhibit 10.2
May 17, 2005
William W. Abraham
Conmed Corporation
525 French Road
Utica, New York 13502
Re: Post-Retirement Health Insurance Coverage |
Dear Mr. Abraham:
I am pleased to inform you that CONMED Corporation (the Company) has agreed to provide you and your wife with lifetime medical coverage at active employee rates under the Companys group medical plan for its employees, effective upon your retirement at any time after the date hereof. In lieu of providing such medical coverage, the Company may secure comparable insurance coverage outside of its group medical plan, which coverage may be a MediGap insurance policy with coverage comparable to the Companys group medical plan, as the Company shall determine in its sole discretion, with contribution rates comparable to those in effect prior to your retirement.
CONMED CORPORATION By: /s/ Daniel S. Jonas Daniel S. Jonas, Esq. Vice President - Legal Affairs General Counsel |
Acknowledged and accepted: By: /s/ William W. Abraham William W. Abraham |