Examples of Ralcorp Group in a sentence
Ralcorp shall take all necessary steps for the Ralcorp Excess Benefit Plan to accept Liabilities from the Post Excess Benefit Plan representing any benefits accrued by Delayed Transfer Employees who transfer from the Post Group to the Ralcorp Group and have accrued benefits in the Post Excess Benefit Plan as of the Transfer Date.
Subject to any limitations imposed by applicable Law, Ralcorp and Post (acting directly or through members of the Ralcorp Group or Post Group, respectively) shall provide to the other and their respective agents and vendors all Information relevant to the performance of the Parties under this Agreement, in accordance with Article III of the Distribution Agreement.
However, in certain situations Post employees will be assigned and transferred to the Ralcorp Group and in certain situations Ralcorp employees will be assigned and transferred to the Post Group effective prior to the Distribution.
Post (acting directly or through a member of the Post Group) shall assume, or shall have caused the Post Welfare Plans to assume, responsibility for compliance with and all liabilities and other costs and expenses relating to the health care continuation coverage requirements of COBRA with respect to such Delayed Transfer Employee who transfers from the Ralcorp Group to the Post Group (and his or her qualified beneficiaries under COBRA) as of the Transfer Date.
Ralcorp (acting directly or through a member of the Ralcorp Group) will have responsibility for notifying applicable Governmental Authorities, as appropriate, of any on-the-job injuries or WC Claims for which a member of the Ralcorp Group is responsible under this Article XII.
As of each Delayed Transfer Employee’s Transfer Date, Ralcorp (acting directly or through a member of the Ralcorp Group) shall cause the Retirement Plan of Ralcorp to recognize, to the extent practicable, all existing elections, including beneficiary designations, payment form elections and rights of alternate payees under qualified domestic relations orders under the Post Retirement Plan with respect to each Delayed Transfer Employee who transfers from the Post Group to the Ralcorp Group.
Post will transfer and assign (or will cause another member of the Post Group to transfer and assign) to Ralcorp or another member of the Ralcorp Group all rights to seek contribution or damages from any applicable third party (such as a third party who aggravates an injury to a worker who makes a WC Claim) with respect to any WC Claim for which any member of the Ralcorp Group is responsible pursuant to this Article XII.
Nothing in this Agreement shall prohibit Ralcorp or any member of the Ralcorp Group from amending, modifying or terminating any Ralcorp Benefit Plan, at any time within its sole discretion provided that any such amendment, modification or termination shall not relieve Ralcorp from any obligation herein and shall comply with any applicable requirements of the Tax Allocation Agreement.
The Ralcorp Welfare Plans providing health or life insurance benefits to retirees shall transfer to Post, the Post Group, and applicable Post Welfare Plans all Liabilities relating to Delayed Transfer Employees transferring from Ralcorp to Post and Ralcorp, the Ralcorp Group, and applicable Ralcorp Welfare Plans shall no longer have any Liability for retiree medical or life insurance obligations to any such Delayed Transfer Employee on or after the Transfer Date.
Furthermore, nothing in this Agreement is intended (i) to confer upon any employee or former employee of Ralcorp, Post or any member of the Ralcorp Group or Post Group any right to continued employment, or any recall or similar rights to an individual on layoff or any type of approved leave, or (ii) to be construed to relieve any insurance company of any responsibility for any employee benefit under any Benefit Plan or any other Liability.