Interest Credit. As of the end of each month subsequent to September 30, 2004, the Employer shall credit interest to such notional account an amount equal to the product of (a) 1/12 of the interest crediting rate for the calendar year and (b) the Employee's account balance at the beginning of the month.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Tasty Baking Co), Employment Agreement (Tasty Baking Co)
Interest Credit. As of the end of each month subsequent to September 30, 2004, the Employer shall credit interest to such notional account an amount equal to the product of (a) 1/12 of the interest crediting rate for the calendar year and (b) the Employee's ’s account balance at the beginning of the month.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Tasty Baking Co)
Interest Credit. As of the end of each month subsequent to September 30, 2004, the Employer shall credit interest to such notional account an amount equal to the product of (a) 1/12 of the interest crediting rate for the calendar year and (b) the Employee's ’s account balance at the beginning of the month.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Tasty Baking Co)
