Retirement Benefits Funded. Upon a Change in Control, any accrued but unfunded retirement benefit obligations to Officer under any then existing retirement plan shall be fully funded to a Rabbi Trust for the benefit of such Officer, which amount shall be paid in cash on the date of such Change in Control.
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Samples: Severance Agreement (Pioneer Natural Resources Co), Resources Company Severance Agreement (Pioneer Natural Resources Co), Resources Company Severance Agreement (Pioneer Natural Resources Co)
Retirement Benefits Funded. Upon a Change in Control, any accrued but unfunded retirement benefit obligations to Officer under any then existing retirement plan shall be fully funded to a Rabbi Trust for the benefit of such Officer, which amount shall be paid in cash on the date of such Change in Control.. (f)
Appears in 1 contract
Samples: Resources Company Severance Agreement (Pioneer Natural Resources Co)