Common use of Unfunded Deferred Compensation Clause in Contracts

Unfunded Deferred Compensation. Unfunded obligations of GenCorp as of the Closing Time to pay deferred compensation and retirement income under its Benefits Restoration Plan, Deferred Bonus Plan, Non-Employee Directors Retirement and Deferred Compensation Plans, 1996 Supplemental Retirement Plan for Management Employees, individual employment agreements, and other miscellaneous plans related to discontinued operations, including such additional amounts as may be attributable to earnings growth after the Closing Time in accordance with the terms of the specific plan or agreement.

Unfunded Deferred Compensation. Unfunded obligations of GenCorp as of the Closing Time Distribution Date to pay deferred compensation and retirement income under its Benefits Restoration Plan, Deferred Bonus Plan, Non-Employee Directors Retirement and Deferred Compensation Plans, 1996 Supplemental Retirement Plan for Management Employees, individual employment agreements, and other miscellaneous plans related to discontinued operations, including such additional amounts as may be attributable to earnings growth after the Closing Time Distribution Date in accordance with the terms of the specific plan or agreement.