Common use of Post-2004 Account Clause in Contracts

Post-2004 Account. Upon termination of the Executive’s employment with the Trust (within the meaning of subparagraph (c)(1) below) for any reason, the Trust (subject to subparagraph (c)(2) below) shall pay to the Executive the amount credited to his account on and after January 1, 2005, plus earnings thereon (the “Post-2004 Account”) in a single sum within 60 calendar days after such termination of employment. If the Executive’s employment is terminated due to his death, such amount shall be paid to the Executive’s beneficiary, as designated on the attached Exhibit A, within 60 calendar days after the Executive’s death.

Post-2004 Account. Upon termination of the Executive’s employment with the Trust (within the meaning of subparagraph subsection (c)(1) below) for any reason, the Trust (subject to subparagraph subsection (c)(2) below) shall pay to the Executive the amount credited to his account on and after January 1, 2005, plus earnings thereon (the “Post-2004 Account”) in a single sum within 60 calendar days after such termination of employment. If the Executive’s employment is terminated due to his death, such amount shall be paid to the Executive’s beneficiary, as designated on the attached Exhibit A, within 60 calendar days after the Executive’s death.