Examples of Chief Executive Officer Participant in a sentence
If benefits are payable under this Section 3.08, no benefits will be payable to the Chief Executive Officer Participant under Sections 3.02, 3.03, 3.04, 3.05 or 3.07.
Notwithstanding the foregoing, for purposes of determining the benefit provided to the Chief Executive Officer Participant pursuant to Section 3.08, Service, Credited Service and Executive Service shall not include the period during which he qualifies for and receives disability benefits under the Sun Executive Disability Income Program.
The monthly special retirement income of a Chief Executive Officer Participant who retires before his Normal Retirement Date with ten years of Executive Service will be the amount determined in the preceding sentence reduced by 5/12% for each month that his Termination Date precedes his Normal Retirement Date.
The Chief Executive Officer Participant will be entitled to benefits under this Section 3.08 if such benefits are greater than the benefits payable pursuant to Sections 3.02, 3.03, 3.04, 3.05 or 3.07, and benefits under this Section 3.08 are payable in the normal form of payment pursuant to Section 3.09.
The Chief Executive Officer Participant who retires on or after his Normal Retirement Date with ten years of Executive Service will be entitled to a monthly special retirement income equal to 60% of his Final Average Earnings.
X’Xxxx XXX President and Chief Executive Officer Participant acknowledges receipt of an electronic copy of the Plan and the Award Agreement, represents that he or she has reviewed and is familiar with the terms and provisions thereof, and hereby accepts the Award subject to all of the terms and provisions of the Plan and the Award Agreement, agreeing to be bound thereby.
In the event the Chief Executive Officer Participant has not attained his Normal Retirement Date at the Termination Date (regardless of whether he has ten years of Service at the Termination Date), the benefits under Section 3.08 will be a monthly special retirement income equal to 60% of his Final Average Earnings (with such income reduced by 5/12% for each month that his Termination Date precedes his Normal Retirement Date).
Xxxxxxx Chief Executive Officer Participant agrees to execute this Award Agreement and return one copy to Xxxxxx Xxxxx at Federal Signal Corporation, by one of the means prescribed by the Company within 45 days of September 2, 2022, or forfeit the restricted stock award.
Xxxxxxx Chief Executive Officer Participant agrees to execute this Amended and Restated Award Agreement and return one copy to Xxxxxx Xxxxx at Federal Signal Corporation at Federal Signal Corporation, 0000 X.
Xxxxxxxx Title: Chief Executive Officer Participant By: Name: Xxxxxx X.