Common use of BENEFITS UNDER OTHER PLANS Clause in Contracts

BENEFITS UNDER OTHER PLANS. Amounts payable to the Participant under this Agreement shall be disregarded for purposes of determining the benefits under any plan that is intended to be qualified under section 401(a) of the Internal Revenue Code of 1986 and any other plan or arrangement maintained by the Company or any Related Company, except as otherwise specifically provided to the contrary in such other plan or arrangement.

Appears in 4 contracts

Samples: Sar Agreement (Safety Insurance Group Inc), Sar Agreement (Safety Insurance Group Inc), Sar Agreement (Safety Insurance Group Inc)

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