Deferred Compensation Agreement. The Company agrees to pay an annual amount that is payable in equal monthly installments in the amounts specified in subsections (a) and (b) below on the first day of each month (the "Deferred Compensation Payments") to the Director (or if the Director dies, to his beneficiary as provided in Section 4(a) of the Agreement) during the Term (as hereinafter defined).
Appears in 4 contracts
Samples: The Deferred Compensation Agreement (Vari Lite International Inc), The Deferred Compensation Agreement (Vari Lite International Inc), The Deferred Compensation Agreement (Vari Lite International Inc)
