Common use of FUNDED PLAN Clause in Contracts

FUNDED PLAN. This Agreement is intended to create an funded arrangement, and does not defer the receipt of income to termination of employment or beyond and is therefore not subject to the requirements of ERISA.

Appears in 10 contracts

Samples: Executive Bonus Agreement, Executive Bonus Agreement (DT Credit Company, LLC), Executive Bonus Agreement (DT Credit Company, LLC)

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FUNDED PLAN. This Agreement is intended to create an a funded arrangement, and does not defer the receipt of income to termination of employment or beyond and is therefore not subject to the requirements of ERISA.

Appears in 1 contract

Samples: Executive Retention Agreement (Matrixx Initiatives Inc)

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