Common use of CAP Supplement Clause in Contracts

CAP Supplement. (a) If (x) the Executive’s employment terminates as a result of a Qualifying Termination and (y) the Executive participates in the Interpublic Capital Accumulation Plan (“CAP”), Interpublic shall pay to the Executive a lump-sum amount (without any discount to reflect the time value of money) equal to the sum of (i) plus (ii) plus (iii), where:

Appears in 6 contracts

Samples: Agreement (Interpublic Group of Companies, Inc.), Agreement (Interpublic Group of Companies, Inc.), Agreement (Interpublic Group of Companies, Inc.)

AutoNDA by SimpleDocs

CAP Supplement. (a) If (x) the Executive’s 's employment terminates as a result of a Qualifying Termination and (y) the Executive participates in the Interpublic Capital Accumulation Plan (“CAP”), Interpublic shall pay to the Executive a lump-sum amount (without any discount to reflect the time value of money) equal to the sum of (i) plus (ii) plus (iii), where:

Appears in 2 contracts

Samples: Executive Change of Control Agreement (Interpublic Group of Companies, Inc.), Agreement (Interpublic Group of Companies, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.