Common use of Nonqualified Deferred Compensation Plan Clause in Contracts

Nonqualified Deferred Compensation Plan. An unfunded nonqualified deferred compensation plan which is (choose only one of (i), (ii), (iii) or (iv)): (i) Excess benefit plan. An “excess benefit plan” under ERISA§3(36) and exempt from Title I of ERISA. (ii) Top-hat plan. A “SERP” or other plan primarily for a “select group of management or highly compensated employees” under ERISA and partially exempt from Title I of ERISA.

Appears in 5 contracts

Samples: Supplemental Executive Retirement Plan Adoption Agreement (Landstar System Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc)

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Nonqualified Deferred Compensation Plan. An unfunded nonqualified deferred compensation plan which is (choose only one of (i), (ii), (iii) or (iv)): ): [ ] (i) Excess benefit plan. An "excess benefit plan" under ERISA§3(36) and exempt from Title I of ERISA. . [X] (ii) Top-hat plan. A "SERP" or other plan primarily for a "select group of management or highly compensated employees" under ERISA and partially exempt from Title I of ERISA.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Adoption Agreement (DNB Financial Corp /Pa/)

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Nonqualified Deferred Compensation Plan. An unfunded nonqualified deferred compensation plan which is (choose only one of (i), (ii), (iiii),(ii),(iii) or (ivor(iv)): (i) Excess benefit plan. An "excess benefit plan" under ERISA§3(36ERISA 3(36) and exempt from Title I of ERISA. (ii) Top-hat plan. A “SERP” or other plan primarily for a “select group of management or highly compensated employees” under ERISA and partially exempt from Title I of ERISA.

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (Dentsply International Inc /De/)

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