Effect on SERP Benefit. Solely for purposes of determining the amount of Executive’s SERP Benefit pursuant to Section 6.2, Executive’s Annual Incentive with respect to each of 1998 and 1999 under the Prior Agreement shall be deemed to have been $300,000 greater than the Annual Incentive actually paid to Executive in respect of such years.
Appears in 2 contracts
Samples: Employment Agreement (Exelon Corp), Employment Agreement (Exelon Generation Co LLC)
Effect on SERP Benefit. Solely for purposes of determining the amount of Executive’s 's SERP Benefit pursuant to Section 6.2, Executive’s 's Annual Incentive with respect to each of 1998 and 1999 under the Prior Agreement shall be deemed to have been $300,000 greater than the Annual Incentive actually paid to Executive in respect of such years.
Appears in 1 contract
Effect on SERP Benefit. Solely for purposes of determining the amount of Executive’s 's SERP Benefit pursuant to Section 6.2, Executive’s 's Annual Incentive with respect to each of 1998 and 1999 under the Prior Agreement shall be deemed to have been $300,000 greater than the Annual Incentive actually paid to Executive in respect of such yearsyear.
Appears in 1 contract
Samples: Employment Agreement (Exelon Corp)
