Examples of Post Parties in a sentence
In view of the significant and growing demand for executive talent and the need to ensure continuity of Post's senior management team, the Post Parties desire to provide Executive through this Agreement with certain incentives to remain in the Post Parties' employment.
Each of the Post Parties and each of their Subsidiaries, as appropriate, shall be responsible for all administrative and financial matters relating to insurance policies established and maintained by the Post Parties and each of their Subsidiaries for claims relating to any period at or after the Effective Time involving any Post Party or any of its Subsidiaries.
Executive shall be reimbursed for all reasonable business-related expenses incurred by Executive at the request of or on behalf of the Post Parties, including, without limitation, first class travel expenses incurred in connection with the performance of Executive's duties and responsibilities hereunder.
Section 8 shall not prohibit a general solicitation not targeted at the Post Parties' employees and in which Executive has no participation or involvement.
Executive acknowledges that the restrictions, prohibitions, and other provisions set forth in this Agreement, including without limitation the Restricted Period and those set forth in Sections 7, 8, 9, and 10, are reasonable, fair and equitable in scope, terms, and duration; are necessary to protect the legitimate business interests of the Post Parties; and are a material inducement to the Post Parties to enter into this Agreement.
In addition, if termination is without Cause or Executive resigns for Good Reason, the Post Parties shall, to the extent permitted, continue to provide to Executive for a period of eighteen (18) months the same coverage and benefits as Executive was provided under the Post Parties' benefit plans pursuant to Section 5.9 of this Agreement on the day before Executive's employment terminated.
Post shall cause each of the other Post Parties to, effective as of the Effective Time, release and discharge each of the Ralcorp Indemnified Parties as and to the same extent as the release and discharge provided by Post pursuant to the foregoing provisions of this Section 11.01(a).
If Executive's employment terminates under the circumstances described in Section 6.1 or Section 6.3, Executive expressly waives Executive's right, if any, to have any payment made under Section 6.1 taken into account to increase the benefits otherwise payable to, or on behalf of, Executive under any employee benefit plan, whether qualified or unqualified, maintained by the Post Parties or a Post Affiliate.
After the Effective Time, the Ralcorp Parties shall own all Information, including all trade secrets, and all copyrights in any tangible expressions thereof, then in the possession or under the control of the Ralcorp Parties or the Post Parties, relating primarily to the Ralcorp Business.
Executive shall be entitled to participate in such medical, dental, disability, hospitalization, life insurance and other employee benefit plans as are maintained by the Post Parties for the benefit of senior executive officers.