Pension and Profit Sharing. As part of the compensation for services rendered under this Agreement, Employee shall be entitled to participate in the Company’s pension, profit sharing, and 401K plans if such plans are established by Company.
Pension and Profit Sharing. Executive shall participate in such pension and profit sharing plans as are established for senior executives of Employer.
Pension and Profit Sharing. During the Term, or if Executive’s employment is terminated sooner pursuant to Section 4, until such termination, Executive will continue to accrue additional benefits under the Company’s qualified and non-qualified pension and profit-sharing plans. Payments under the Company’s non-qualified pension and profit-sharing plans will be made in accordance with the terms of the relevant plan upon separation from service with the Company.
Pension and Profit Sharing. Employer shall include Employee in all Employer sponsored 401(k) Plans and other pension and profit-sharing plans in a comparable manner as provided for Employer’s other executive officers.
Pension and Profit Sharing. During the Term, or if Executive’s employment is terminated sooner pursuant to Section 4, until such termination, Executive shall be eligible to accrue benefits under the Company’s pension plan and profit-sharing plan based on an annual base salary of US$ 1,300,000.
Pension and Profit Sharing. During both the Initial and Secondary Terms, Executive shall continue to accrue benefits under the Company’s qualified and non-qualified pension and profit-sharing plans based on his base salary in effect under this Agreement.
Pension and Profit Sharing. The Company shall include Executive in all Company pension and profit-sharing plans in a comparable manner as provided for its other executives.
Pension and Profit Sharing. Employee's vested account balance under the Company's 401(k) Plan and Trust shall be distributed to or at the direction of Employee pursuant to the terms of the 401(k) Plan and Employee's election thereunder. Payments made to Employee pursuant to the provisions of this Agreement shall not be deemed compensation for purposes of accruing benefits under the Company's 401 (k) Plan. There shall be no further accruals to Employee's 401(k) account after April 30, 1996.
Pension and Profit Sharing. Effective as of January 1, 1997, Employee's vested account balance under the Company's 401(k) Plan and Trust shall be distributed to Employee or, at his direction, pursuant to the terms of the 401(k) Plan and Employee's election thereunder.
Pension and Profit Sharing. During the Term, Executive will continue to accrue additional benefits under the Company’s qualified and non-qualified pension and profit sharing plans and retiree medical plans, in each case for which Executive is otherwise eligible. Payments under the Company’s non-qualified pension and profit sharing plans will be made in accordance with the terms of the relevant plan upon a separation from service with the Company.
