LANDSTAR SYSTEM, INC. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ADOPTION AGREEMENT (Including Code §409A provisions) Effective January 1, 2015Supplemental Executive Retirement Plan Adoption Agreement • February 23rd, 2015 • Landstar System Inc • Trucking (no local)
Landstar System, Inc. heretofore established the Landstar System, Inc. Supplemental Executive Retirement Plan (the “Plan”), effective February 1, 1994, to provide a select group of management or highly compensated employees of the Employer and its designated affiliates the opportunity to save for retirement through deferrals of salary and bonuses. Sponsorship of the Plan was transferred to Landstar System Holdings, Inc. (the “Employer”) effective February 25, 2008.
DNB FIRST SUCCESS-SHARING SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ADOPTION AGREEMENTSupplemental Executive Retirement Plan Adoption Agreement • February 28th, 2017 • DNB Financial Corp /Pa/ • National commercial banks
The undersigned DNB First ("Employer") by execution of this Adoption Agreement hereby establishes this Nonqualified Deferred Compensation Plan ("Plan") consisting of the Basic Plan Document, this Adoption Agreement and all other Exhibits and documents to which they refer. The Employer makes the following elections concerning this Plan. All capitalized terms used in the Adoption Agreement have the same meaning given in the Basic Plan Document. References to "Section" followed by a number in this Adoption Agreement are references to the Basic Plan Document.
