Deferred Savings Plan Benefit. Key shall pay to the Executive, at the time specified in Section 1.5, a lump sum cash payment, which shall equal the amount of corporate contributions that Executive otherwise would be eligible to receive under the KeyCorp Deferred Savings Plan if Executive actively deferred 6% or more of his base salary and 6% or more of his incentive compensation award to the KeyCorp Deferred Savings Plan during the 36-month Continuing Benefit Period. For purposes of this Section 1.1(d), the amounts provided to Executive under clause 1.1(b)(i) will be deemed to be Executive’s base salary paid ratably during the 36-month Continuing Benefit Period, and the amount to be provided to Executive under clause 1.1(b)(ii) will be deemed to be Executive’s incentive compensation paid ratably during the 36-month Continuing Benefit Period.
Deferred Savings Plan Benefit. Within 30 days of the Executive’s Termination Date, Key shall provide the Executive with a lump sum cash payment, which shall equal the amount of corporate contributions that the Executive otherwise would be eligible to receive under the KeyCorp Deferred Savings Plan as if the Executive actively deferred 6% or more of his base salary and 6% or more of his incentive compensation award to the KeyCorp Deferred Savings Plan during the Section 1.1
Deferred Savings Plan Benefit. Effective as of the Termination Date, the Executive’s interest in the Deferred Savings Plan shall become fully vested and nonforfeitable. In addition, Key shall pay to the Executive, at the time specified in Section 1.3, a lump sum cash payment, which shall equal the amount of corporate contributions that the Executive otherwise would have been eligible to receive under the KeyCorp Deferred Savings Plan if the Executive actively deferred 6% or more of his or her base salary and 6% or more of his incentive compensation award to the KeyCorp Deferred Savings Plan during the 24-month Continuing Benefit Period. For purposes of this Section 1.1(d), the amount provided to the Executive under clause 1.1(b)(i) will be deemed to be the Executive’s base salary paid ratably during the 24-month Continuing Benefit Period, and the amount to be provided to the Executive under clause 1.1(b)(ii) will be deemed to be the Executive’s incentive compensation paid ratably during the 24-month Continuing Benefit Period.
Deferred Savings Plan Benefit. Key shall pay to Mxxxx, at the time specified in Section 7.1(h), a lump sum cash payment, which shall equal the amount of corporate contributions that Mxxxx otherwise would be eligible to receive under the KeyCorp Deferred Savings Plan if Mxxxx actively deferred 6% or more of his base salary and 6% or more of his incentive compensation award to the KeyCorp Deferred Savings Plan during the Continuing Benefit Period (as referenced in Section 7.1(d) hereof). For purposes of this Section 7.1(e), the amounts provided to Mxxxx under clause 7.1(c)(i) will be deemed to be Mxxxx’x base salary paid ratably during the Continuing Benefit Period, (iii) the amounts to be provided to Mxxxx under clause 7(c)(ii) will be deemed to be Mxxxx’x incentive compensation paid ratably during the Continuing Benefit Period.
Deferred Savings Plan Benefit. Within 30 days of Mxxxx’x Termination Date, Key shall provide Mxxxx with a lump sum cash payment, which shall equal the amount of corporate contributions that Mxxxx otherwise would be eligible to receive under the KeyCorp Deferred Savings Plan as if Mxxxx actively deferred 6% or more of his base salary and 6% or more of his incentive compensation award to the KeyCorp Deferred Savings Plan during the Continuing Benefit Period (as referenced in Section 7.1(d) hereof). For purposes of this Section 7.1(e), base salary shall be deemed to be the amount to be received by Mxxxx under clause (c)(i) above of this Section 7.1, and incentive compensation award shall be deemed to be the amount to be received by Mxxxx under clause (c)(ii) above of this Section 7.1.
