Executive Deferred Compensation Plan. For the year of the Executive's Termination of Employment, the Company will make the contribution to its Executive Deferred Compensation Plan (the "EDC Plan") that it would have made if the Executive had not had a Termination of Employment determined based on the Executive's deferral for such year. At Executive's election, the Company contribution shall be paid to the Executive immediately upon his Termination of Employment.
Appears in 10 contracts
Samples: Severance Agreement (New Beverly Holdings Inc), Employment Contract (Beverly Enterprises Inc), Employment Contract (Beverly Enterprises Inc)
Executive Deferred Compensation Plan. For the year of the ExecutiveEmployee's Termination of Employment, the Company will make the contribution to its Executive Deferred Compensation Plan (the "EDC Plan") that it would have made if the Executive Employee had not had a Termination of Employment determined based on the ExecutiveEmployee's deferral for such year. At ExecutiveEmployee's election, the Company contribution shall be paid to the Executive Employee immediately upon his Termination of Employment.
Appears in 3 contracts
Samples: Severance Agreement and Release of Claims (Beverly Enterprises Inc), Severance Agreement and Release of Claims (Beverly Enterprises Inc), Severance Agreement and Release of Claims (Beverly Enterprises Inc)
Executive Deferred Compensation Plan. For the year of the Executive's ’s Termination of Employment, the Company will make the contribution to its Executive Deferred Compensation Plan (the "“EDC Plan"”) that it would have made if the Executive had not had a Termination of Employment determined based on the Executive's ’s deferral for such year. At Executive's ’s election, the Company contribution shall be paid to the Executive immediately upon his Termination of Employment.
Appears in 2 contracts
Samples: Severance Agreement (Beverly Enterprises Inc), Employment Contract (Beverly Enterprises Inc)
Executive Deferred Compensation Plan. For the year of the Executive's Termination of EmploymentEmployment under Paragraphs 7(a) or (b), the Company will make the contribution to its Executive Deferred Compensation Plan (the "EDC Plan") that it would have made if the Executive had not had a Termination of Employment determined based on the Executive's deferral for such year. At Executive's election, the Company contribution shall be paid to the Executive immediately upon his Termination of Employment.
Appears in 1 contract
Samples: Employment and Severance Agreement (Beverly Enterprises Inc)
