Benefit Obligation

Example Definitions of "Benefit Obligation"
Benefit Obligation. All vested benefits to which the Executive is entitled under the terms of the Company's employee benefit plans and compensation arrangements in which the Executive is a participant as of the Date of Termination
Benefit Obligation. All benefits to which the Executive (or his designated beneficiary or legal representative, as applicable) is entitled or has become vested (or becomes entitled or vested as a result of termination) under the terms of all employee benefit and compensation plans, agreements and arrangements (collectively, "Benefit Plans") in which the Executive is a participant as of the Date of Termination
All Definitions