Vesting of Executive Benefits. All benefits of the Executive under nonqualified deferred compensation plans and agreements (including without limitation the BellSouth Corporation Deferred Compensation Plan, the BellSouth Corporation Deferred Income Plan, the BellSouth Corporation Compensation Deferral Plan, and the successors(s) to any such plan(s)), nonqualified supplemental retirement and excess benefit plans (including without limitation the BellSouth Corporation Supplemental Executive Retirement Plan and the nonqualified excess benefit plan described in the BellSouth Personal Retirement Account Pension Plan, and the successor(s) to any such plan(s)), and life insurance plans or arrangements available only to executives or senior management (including without limitation the BellSouth Corporation Executive Life Insurance Plan and the BellSouth Corporation Senior Manager Life Insurance Plan, and the successor(s) to any such plan(s)), in which the Executive is a participant or to which the Executive is a party, shall be immediately vested and all benefits and rights earned or accrued under such plans and agreements through the Termination Date shall thereafter be nonforfeitable. Without limiting the generality of the foregoing, all such benefits shall no longer be subject to any reduction or forfeiture under, for example, any requirement, provision or restriction in any plan or agreement regarding competition with BellSouth or any Affiliated Company, recalculation of benefits as a result of changes in the law (or interpretations thereof), or the continued performance of services to the Company or Affiliated Companies. If the Executive is described in Section 4.4 (a)(i)(B)(4) of the BellSouth Corporation Supplemental Executive Retirement Plan, which provides service credit under that plan for service with a former affiliate of the Company, or comparable provision of any successor plan, the Executive's benefit under such plan shall be calculated as if his credit for service with a former affiliate has been fully earned under such provision prior to the Termination.
Vesting of Executive Benefits. In the event Executive's employment is terminated under circumstances described in Section 3 of this Agreement, all benefits of Executive under the BellSouth Corporation Nonqualified Deferred Compensation Plan, the BellSouth Nonqualified Deferred Income Plan, the BellSouth Split-Dollar Life Insurance Plan, the BellSouth Supplemental Life Insurance Plan, and the SERP, shall be determined as if Executive, upon his termination of employment, had been eligible for a service pension under the terms and conditions of the BellSouth Personal Retirement Account Pension Plan. This provision shall be disregarded in determining benefits of (or with respect to) Executive under any other Company-sponsored compensation or benefit plan or program, including without limitation the Stock Plan.
Vesting of Executive Benefits. All benefits of the Executive under nonqualified deferred compensation plans and agreements (including without limitation the BellSouth Corporation Deferred Compensation Plan, the BellSouth Corporation Deferred Income Plan, the BellSouth Corporation Compensation Deferral Plan, and the successors(s) to any such plan(s)), nonqualified supplemental retirement and excess benefit plans (including without limitation the BellSouth Corporation Supplemental Executive Retirement Plan and the nonqualified excess benefit plan described in the BellSouth Personal Retirement Account Pension Plan, and the successor(s) to any such plan(s)), and life insurance plans or arrangements available only to executives or senior management (including without limitation the BellSouth Corporation Executive Life Insurance Plan and the BellSouth Corporation Senior Manager Life Insurance Plan, and the successor(s) to any such plan(s)), in which the Executive is a participant or to which the Executive is a party, shall be immediately vested and all benefits and rights earned or accrued under such plans and agreements through the Termination Date shall thereafter be nonforfeitable. Without limiting the generality of the foregoing, all such benefits shall no longer be subject to any reduction or forfeiture under, for example, any requirement, provision or restriction in any plan or agreement regarding competition with BellSouth or any Affiliated Company, recalculation of benefits as a result of changes in the law (or interpretations thereof), or the continued performance of services to the Company or Affiliated Companies.
Vesting of Executive Benefits. Upon a Change in Control, or in the event Executive's employment is terminated under circumstances described in Section 4(a) or 4(b), all benefits of Executive under the BellSouth Corporation Nonqualified Deferred Compensation Plan, the BellSouth Nonqualified Deferred Income Plan, the BellSouth Corporation Supplemental Executive Retirement Plan, the BellSouth Split-Dollar Life Insurance Plan, and the BellSouth Supplemental Life Insurance Plan shall be determined as if Executive, upon his termination of employment, had been eligible for a service pension under the terms and conditions of the BellSouth Personal Retirement Account Pension Plan.
Vesting of Executive Benefits. In the event Executive's employment is terminated under circumstances described in Section 4 of this Agreement, all benefits of Executive under the BellSouth Supplemental Life Insurance Plan and the SERP, shall be determined as if Executive, upon his termination of employment, had been eligible for a service pension under the terms and conditions of the BellSouth Personal Retirement Account Pension Plan. This provision shall be disregarded in determining benefits of (or with respect to) Executive under any other Company-sponsored compensation or benefit plan or program, including without limitation the Stock Plan.
