Definition of Post-Retirement Obligations


Post-Retirement Obligations shall mean any obligations of Executive that apply following the termination of Executives employment with the Company, including, without limitation, pursuant to that certain Agreement effective as of [ , 20 ] by and between Executive and the Company and/or that certain Agreement effective as of [ , 20 ] by and between Executive and the Company, as such agreements may be amended from time to time, and any such other obligations that apply following the termination of Executives employment with the Company pursuant to any other agreement that may be entered into by Executive and the Company from time to time.

Examples of Post-Retirement Obligations in a sentence

In the case of a Planned Retirement, if Executive fails to comply with the Post-Retirement Obligations (as hereinafter defined) continuously from the date of the termination of his employment as a result of a Planned Retirement until the Compliance Expiration Date (as hereinafter defined), Executive shall, for no consideration, forfeit to the Company all the Restricted Shares to the extent subject to the forfeiture restrictions on the date of such termination.
Pensions and Post-Retirement Obligations The Buffalo CSD provides post-retirement healthcare benefits to former employees.
In the case of a Planned Retirement, if Executive fails to comply with the Post-Retirement Obligations continuously from the date of the termination of his employment as a result of a Planned Retirement until the Compliance Expiration Date (as hereinafter defined), Executive shall, for no consideration, forfeit to the Company all the Phantom Shares to the extent unvested on the date of such termination.
See Appendix B--"CITY AND COUNTY OF SAN FRANCISCO ORGANIZATION AND FINANCES-- Employment Costs; Post-Retirement Obligations." The following table shows the components of the City's annual OPEB allocations for the SFMTA for the Fiscal Years ended June 30, 2011 through June 30, 2014, the amounts contributed to the plan and changes in the net OPEB obligations.
The prohibition against transfer and the obligation to forfeit and surrender Restricted Shares to the Company upon termination of employment, or thereafter in the case of non-compliance with the Post-Retirement Obligations following termination of employment as a result of a Planned Retirement, are herein referred to as the Forfeiture Restrictions.