Common use of Effect of Lump Sum Payment Clause in Contracts

Effect of Lump Sum Payment. The lump sum payments under (a) or (b) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in this section. Benefits under such plans shall be determined as if Executive had remained employed and received such payments over a period of eighteen (18) months. (f)

Effect of Lump Sum Payment. The lump sum payments under subparagraphs (ai) or (bii) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in this sectionsubparagraph (iv) above. Benefits under such plans shall be determined as if Executive had remained employed and received such payments over a period of eighteen thirty-six (1836) months. (f).

Effect of Lump Sum Payment. The lump sum payments payment under -------------------------- (ai), (ii) or (biii) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in this section(iv) above. Benefits under such plans shall be determined as if Executive had remained employed and received such payments without reduction for their Present Value over a period of eighteen thirty-six (1836) months. (f).

Effect of Lump Sum Payment. The lump sum payments payment under (a) or (b) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in this section. Benefits under such plans shall be determined as if Executive had remained employed and received such payments over a period of twelve (12) months or eighteen (18) months, whichever is applicable. (f)

Effect of Lump Sum Payment. The lump sum payments under (ai) or (bii) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in this section(iv) above. Benefits under such plans shall be determined as if Executive had remained employed and received such payments over a period of eighteen thirty-six (1836) months. (f).

Effect of Lump Sum Payment. The lump sum nature of the payments under (a) or (b) above as a lump sum shall not alter the amounts the Executive is entitled to receive under the benefit plans described in this section(c) and (d) above. Benefits under such plans shall be determined as if the Executive had remained employed and received such payments over a period of eighteen thirty-six (1836) months. (f).

Effect of Lump Sum Payment. The lump sum payments payment under (aA) or (bB) above shall not alter the amounts Executive is entitled to receive under the benefit plans described in this section(C) and (D) above. Benefits under such plans shall be determined as if Executive had remained employed and received such payments over a period of eighteen thirty-six (1836) months. (f).