Pre-2005 Account. Upon termination of the Executive’s employment with the Trust for any reason, the Trust shall pay to the Executive the amount credited to his account as of December 31, 2004, plus earnings thereon after December 31, 2004 (the “Pre-2005 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.
Appears in 7 contracts
Samples: Executive Retirement Agreement (Pennsylvania Real Estate Investment Trust), Executive Retirement Agreement (Pennsylvania Real Estate Investment Trust), Executive Retirement Agreement (Pennsylvania Real Estate Investment Trust)
Pre-2005 Account. Upon termination of the Executive’s employment with the Trust for any reason, the Trust shall pay to the Executive the amount credited to his account as of December 31, 2004, plus earnings thereon after December 31, 2004 (the “Pre-2005 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..
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Pennsylvania Real Estate Investment Trust)