Common use of Deferred Compensation Plus Plan Clause in Contracts

Deferred Compensation Plus Plan. Invacare shall pay to the Executive, within 60 days after the Termination Date, a lump sum amount equal to three times the highest amount of the employer contributions (including both matching contributions and other employer contributions) credited to the Invacare Deferred Compensation Plus Plan (or related successor plan or plans) for the benefit of the Executive for any single plan year ending on or after the date that is three years before the date of the Change of Control.

Deferred Compensation Plus Plan. Invacare or its Affiliates shall pay to the Executive, within 60 days after the Termination Date, a lump sum amount equal to three two times the highest amount of the employer contributions (including both matching contributions and other employer contributions) credited to the Invacare Deferred Compensation Plus Plan (or related successor plan or plans) for the benefit of the Executive for any single plan year ending on or after the date that is three years before the date of the Change of ControlControl or the Effective Date, as applicable.