Eligibility for Supplemental Retirement Benefits. (a) Subject to the terms of this Agreement, the Southern Parties shall pay to Employee (or if Payment continues, to Employee's designated beneficiary, as the case may be, in the event of Employee's death as described in Section 1(c) hereof) the supplemental retirement payment (the "Payment") described in Section 1(b) hereof (to be shared among the Southern Parties in such pro rata or other portions as set forth in Sections 1(e) and (f), 2 or 3 hereof).
Appears in 2 contracts
Samples: Assignment Agreement (Southern Power Co), Deferred Compensation Agreement (Southern Co)
Eligibility for Supplemental Retirement Benefits. (a) Subject to the terms of this Agreement, the Southern Parties shall pay to Employee (or if Payment payment continues, to Employee's ’s designated beneficiary, as the case may be, in the event of Employee's ’s death as described in Section 1(c) hereof) the supplemental retirement payment (the "“Payment"”) described in Section 1(b) hereof (to be shared among the Company and Southern Parties in such pro rata or other portions as set forth in Sections 1(e) and (f), 2 or 3 hereof).
Appears in 1 contract
Eligibility for Supplemental Retirement Benefits. (a) Subject to the terms of this Agreement, the Southern Parties shall pay to Employee (or if Payment continues, to Employee's ’s designated beneficiary, as the case may be, in the event of Employee's ’s death as described in Section 1(c) hereof) the supplemental retirement payment (the "“Payment"”) described in Section 1(b) hereof (to be shared among the Southern Parties in such pro rata or other portions as set forth in Sections 1(e) and (f), 2 or 3 hereof).
Appears in 1 contract
Samples: Amended Deferred Compensation Agreement (Mississippi Power Co)
