Common use of Supplemental Retirement and Profit Sharing Benefits Clause in Contracts

Supplemental Retirement and Profit Sharing Benefits. (i) On the Termination Date, Executive shall become vested in the benefits provided under Polaroid's non-qualified defined benefit pension plans or any successor plans (the "Supplemental Plans"). (ii) Within ten (10) business days after the Termination Date, Polaroid shall pay Executive a lump sum cash amount equal to the present value of Executive's accrued benefit under the Supplemental Plans. For purposes of computing the lump sum present value of Executive's accrued benefit under the Supplemental Plans, (A) Polaroid shall credit Executive with two (2) years of plan participation and service and two (2) years of age for all purposes (including additional accruals and eligibility for early retirement) over Executive's actual years and fractional years of plan participation and service and age credited to Executive on the Termination Date; and (B) Polaroid shall apply the present value (and any other actuarial adjustments required by this Agreement) using the applicable actuarial assumptions set forth in the Pension Plan. In determining Executive's benefits under this paragraph (e)(B), the terms of the Supplemental Plans as in effect immediately prior to the Change in Control, except as expressly modified in this paragraph (e), shall govern.

Supplemental Retirement and Profit Sharing Benefits. (i) On the Termination Date, Executive you shall become vested in the benefits provided under Polaroid's non-qualified defined benefit pension plans or any successor plans (the "Supplemental Plans"). (ii) Within ten (10) business days after the Termination Date, Polaroid shall pay Executive you a lump sum cash amount equal to the present value of Executive's your accrued benefit under the Supplemental Plans. For purposes of computing the lump sum present value of Executive's your accrued benefit under the Supplemental Plans, (A) Polaroid shall credit Executive you with two (2) years of plan participation and service and two (2) years of age for all purposes (including additional accruals and eligibility for early retirement) over Executive's your actual years and fractional years of plan participation and service and age credited to Executive you on the Termination Date; and (B) Polaroid shall apply the present value (and any other actuarial adjustments required by this Agreement) using the applicable actuarial assumptions set forth in Section 1.01 of the Pension Plan. In determining Executive's your benefits under this paragraph (e)(B), the terms of the Supplemental Plans as in effect immediately prior to the Change in Control, except as expressly modified in this paragraph (e), shall govern.

Supplemental Retirement and Profit Sharing Benefits. (i) On the Termination Date, Executive shall become vested in the benefits provided under Polaroid's non-qualified defined benefit pension plans or any successor plans (the "Supplemental Plans"). (ii) Within ten (10) business days after the Termination Date, Polaroid shall pay Executive a lump sum cash amount equal to the present value of Executive's accrued benefit under the Supplemental Plans. For purposes of computing the lump sum present value of Executive's accrued benefit under the Supplemental Plans,, Xxxxxx Xxxxxxx April 13, 1998 (A) Polaroid shall credit Executive with two (2) years of plan participation and service and two (2) years of age for all purposes (including additional accruals and eligibility for early retirement) over Executive's actual years and fractional years of plan participation and service and age credited to Executive on the Termination Date; and (B) Polaroid shall apply the present value (and any other actuarial adjustments required by this Agreement) using the applicable actuarial assumptions set forth in the Pension Plan. In determining Executive's benefits under this paragraph (e)(B), the terms of the Supplemental Plans as in effect immediately prior to the Change in Control, except as expressly modified in this paragraph (e), shall govern.

Supplemental Retirement and Profit Sharing Benefits. (i) On the Termination Date, Executive shall become vested in the benefits provided under Polaroid's non-qualified defined benefit pension plans or any successor plans (the "Supplemental Plans"). (ii) Within ten (10) business days after the Termination Date, Polaroid shall pay Executive a lump sum cash amount equal to the present value of Executive's accrued benefit under the Supplemental Plans. For purposes of computing the lump sum present value of Executive's accrued benefit under the Supplemental Plans, (A) Polaroid shall credit Executive with two (2) years of plan participation and service and two (2) years of age for all purposes (including additional accruals and eligibility for early retirement) over Executive's actual years and fractional years of plan participation and service and age credited to Executive on the Termination Date; and (B) Polaroid shall apply the present value (and any other actuarial adjustments required by this Agreement) using the applicable actuarial assumptions set forth in the Pension Plan. In determining Executive's benefits under this paragraph (e)(Be (B), the terms of the Supplemental Plans as in effect immediately prior to the Change in Control, except as expressly modified in this paragraph (e), shall govern.

Supplemental Retirement and Profit Sharing Benefits. (i) On the Termination Date, the Executive shall become vested in the benefits provided under Polaroidthe Company's non-qualified defined benefit pension plans or any successor plans (the "Supplemental Plans"). (ii) Within ten (10) business days after the Termination Date, Polaroid the Company shall pay the Executive a lump sum cash amount equal to the present value of the Executive's accrued benefit under the Supplemental Plans. . (A) For purposes of computing the lump sum present value of Executive's accrued benefit under the Supplemental Plans, (A) Polaroid Plans in addition to the supplemental benefit provided pursuant to Section 7 above; the Company shall credit the Executive with two (2) years of plan participation and service and two (2) years of age for all purposes (including additional accruals and eligibility for early retirement) over the Executive's actual years and fractional years of plan participation and service and age credited to the Executive on the Termination Date; and, (B) Polaroid The Company shall apply the present value (and any other actuarial adjustments adjustment required by this Agreement) using the applicable actuarial assumptions set forth in the Polaroid Pension Plan. In determining the Executive's benefits under this paragraph (e)(Bsubsection 14(f), the terms of the Supplemental Plans as in effect immediately prior to the Change in ControlControl shall govern, except as expressly modified in this paragraph (esubsection 14(f), . This benefit shall governbe provided pursuant to the Supplemental Retirement Benefit Plan.