SERIP Supplement. (a) If the Executive participates in the Interpublic Senior Executive Retirement Income Plan (“SERIP”), Interpublic shall, within thirty (30) days after the date of the Executive’s Qualifying Termination (or such later date as required by Section 2.5 hereof), pay to the Executive a lump-sum amount (without any discount to reflect the time value of money) equal to the excess of (i) over (ii), where:
Appears in 6 contracts
Samples: Executive Change of Control Agreement (Interpublic Group of Companies, Inc.), Executive Change of Control Agreement (Interpublic Group of Companies, Inc.), Executive Change of Control Agreement (Interpublic Group of Companies, Inc.)
