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Common use of Interest Factor - for purposes of Clause in Contracts

Interest Factor - for purposes of. a. the Accrued Benefit Account - shall be seven percent (7%) per annum, compounded monthly. Paragraph 3 of Exhibit A to the Agreement is modified as follows:

Appears in 5 contracts

Sources: Executive Supplemental Retirement Income Agreement (United National Bancorp), Executive Supplemental Retirement Income Agreement (United National Bancorp), Executive Supplemental Retirement Income Agreement (United National Bancorp)

Related Clauses

  • Interest Factor
  • Determination of Net Asset Value
  • Accrual Rates
  • Determination of Net Asset Value, Net Income and Distributions
  • Accrual Rate

Parent Clauses

  • Executive's Right to Payment Following Plan Termination
  • EXECUTION
  • Source of Payments
  • Breach Following Executive's Termination of Employment
  • Headings
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