ERISA PROVISIONS. (a) The following provisions in this Agreement are part of this Agreement and are intended to meet the requirements of ERISA. (i) The general corporate funds of Park are the basis of payment of benefits under this Agreement. (ii) For claims procedure purposes, the “Claims Administrator” shall be the Compensation Committee of the Board of Directors of Park National Corporation or such other person named from time to time by notice to Executive.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Benefits Agreement (Park National Corp /Oh/), Supplemental Executive Retirement Benefits Agreement (Park National Corp /Oh/), Supplemental Executive Retirement Benefits Agreement (Park National Corp /Oh/)
ERISA PROVISIONS. (a) a. The following provisions in this Agreement are part of this Agreement and are intended to meet the requirements of ERISA.
(i) i. The general corporate funds of Park are the basis of payment of benefits under this Agreement.
(ii) . For claims procedure purposes, the “"Claims Administrator” " shall be the Compensation Committee of the Board of Directors of Park National Corporation (the “Compensation Committee”) or such other person named from time to time by notice from Park to Executive.
Appears in 1 contract
Samples: Supplemental Executive Retirement Benefits Agreement (Park National Corp /Oh/)
