Common use of Restoration Plan Clause in Contracts

Restoration Plan. Executive shall be paid the accrued and vested benefit under the Company’s 401(k) Restoration Plan in a lump sum on the first regularly scheduled Company payroll date occurring after the six-month anniversary of the Separation Date.

Restoration Plan. Executive shall be paid the accrued and vested benefit under the Company’s 401(k) Restoration Plan (in an amount currently equal to $646,747 and subject to increase based on the anticipated March deposit credit) in a lump sum on the first regularly scheduled Company payroll date occurring after the six-month anniversary of the Separation Date.