GROSS BENEFIT. The Gross Benefit shall equal an annual payment equal to the product of the Accrual Percentage (as calculated in accordance with subsection 2(c) below) multiplied by the Final Average Earnings (as defined in subsection 2(d) below).
Appears in 6 contracts
Samples: Agreement for Supplemental Executive Retirement Benefit (Brightpoint Inc), Agreement for Supplemental Executive Retirement Benefit (Brightpoint Inc), Agreement for Supplemental Executive Retirement Benefit (Brightpoint Inc)
GROSS BENEFIT. The Gross Benefit shall equal an annual single-life annuity payment equal to the product of the Accrual Percentage (as calculated in accordance with subsection 2(c2(b) below) multiplied by the Final Average Earnings (as defined in subsection 2(d2(c) below).
Appears in 3 contracts
Samples: Agreement (Brightpoint Inc), Agreement (Brightpoint Inc), Agreement (Brightpoint Inc)