Termination On or Before December 31, 2005. The Employer may terminate the Plan on or before December 31, 2005, and distribute the vested balance in the Deferred Compensation Account to each Participant so long as all amounts deferred under the Plan are included in the income of the Participant in the taxable year in which the termination occurs.
Appears in 5 contracts
Samples: Executive Nonqualified Excess Plan (Proassurance Corp), Executive Nonqualified Excess Plan Document (Sandridge Energy Inc), Executive Nonqualified Excess Plan (Ufp Technologies Inc)