Common use of Post Retirement Coverage Clause in Contracts

Post Retirement Coverage. If Executive would be entitled to post-retirement medical coverage within 2 years following termination of employment, if Executive had remained employed, the Company or the Employer will provide the coverage as follows: (A) the coverage provided will be the coverage in effect immediately before the Covered Termination; and (B) coverage will begin on the later of (i) the date on which the post-retirement coverage would have become available or (ii) the date on which the benefits under Section 2(c)(1) end.

Appears in 8 contracts

Sources: Change in Control Agreement (Reliant Energy Inc), Change in Control Agreement (Reliant Energy Inc), Change in Control Agreement (Reliant Energy Inc)