Common use of SERP Termination Clause in Contracts

SERP Termination. Subject to the satisfaction of ---------------- Section 9.7 below, on or before the Closing Date UNC shall have terminated, effective as of the Agreement Date, any further obligations it has or may have had in connection with any supplemental executive retirement plans, other than obligations that have vested as of the Agreement Date.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Unc Inc)

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SERP Termination. Subject to the satisfaction of ---------------- Section 9.7 below9.3, on or before the Closing Date UNC shall have terminated, effective as of the Agreement Date, any further obligations it has or may have had in connection with any supplemental executive retirement plans, other than obligations that have vested as of the Agreement Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Greenwich Air Services Inc)

SERP Termination. Subject to the satisfaction of ---------------- Section 9.7 below9.3, on or before the Closing Date UNC shall have terminated, effective as of the Agreement Date, any further obligations it has or may have had in connection with any supplemental executive retirement plans, other than obligations that have vested as of the Agreement Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Unc Inc)

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SERP Termination. Subject to the satisfaction of ---------------- Section 9.7 below, on or before the Closing Date UNC shall have terminated, effective as of the Agreement Date, any further obligations it has or may have had in connection with any supplemental executive retirement plans, other than obligations that have vested as of the Agreement Date.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Greenwich Air Services Inc)

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