SERP Agreement definition

SERP Agreement means a written agreement between a Participant and the Bank in substantially the form attached hereto as Exhibit A.
SERP Agreement means an agreement entered into between an Employer and a Participant pursuant to Section 2.1(c) providing for the Participant to receive benefits under this Plan which are different from the benefits received by Participants generally by reason of the application of the Tax Limits. A SERP Agreement may take the form of, or be included within, an employment agreement or settlement agreement.
SERP Agreement means the Amended and Restated Supplemental Retirement Agreement dated February 18, 2004 between the Executive and the Company, as in effect on the date the Merger Agreement was executed by the parties thereto, and (ii) “Retirement Plan” means the Company’s Retirement Plan, as amended and in effect from time to time and any successor plan.

Examples of SERP Agreement in a sentence

  • The amounts shown in column (g) reflect the actuarial increase in the present value of the NEO’s accumulated benefits under his SERP Agreement determined using assumptions consistent with those used in the Company’s financial statements and includes amounts that the NEO may not currently be entitled to receive because such amounts are not vested.

  • Pantilione (3)10.2 Supplemental Executive Retirement Plan (1)10.7 2015 Equity Incentive Plan (4)10.8 SERP Agreement with Elizabeth A.

  • Adams is fully vested in the benefits under his SERP Agreement for CIC, dismissal with or without cause, voluntary termination, expiration of contract or disability.

  • McNamara received $258,555 under a SERP Agreement United assumed in the acquisition of Sequoia Bancshares, Inc.

  • Under the terms of Mr. Getman’s SERP Agreement, the Company has agreed to provide Mr. Getman with an annual retirement benefit equal to the product of (i) 2.0%, times (ii) Mr. Getman’s years of service up to a maximum of 20 years, times (iii) his final five-year average compensation.

  • In each case, the amount shown reflects the present value of the accumulated benefit that would be paid to the NEO under his 2008 SERP Agreement, his 2015 SERP Agreement or his 2020 SERP Agreement, as appropriate.

  • The results from the ZINB model using both estimated coefficients and elasticity show that median width has a negative effect on crash frequency, and the presence of closely located utility poles and trees could increase crash frequency.

  • A SERP Agreement may provide for other types of death or survivorship benefits in addition to those described in this Section, but shall not be construed to provide for such benefits unless it specifically so provides.

  • The State encouraged the lowest-performing schools to participate and offered the opportunity to additional schools.

  • By way of illustration and not limitation, a SERP Agreement may provide for a Participant hired after December 31, 1999, to receive a benefit computed as if he were a participant in the Retirement Plan, or may provide for a Participant to receive a supplemental benefit determined as if he were credited with additional service under the Retirement Plan.


More Definitions of SERP Agreement

SERP Agreement means either (i) the Supplemental Retirement Agreement between the Executive and the Company or (ii) if there is no Supplemental Retirement Agreement between the Executive and the Company, the Banknorth Group, Inc. Supplemental Retirement Plan, as amended.
SERP Agreement means Second Amended and Restated Executive Supplemental Compensation Agreement by and between the Bank and the Insured, effective as of May 27, 2009, and as amended thereafter.
SERP Agreement means a written agreement between a Participant and the Company in substantially the form attached hereto as Exhibit A.
SERP Agreement means a written agreement between a Participant and the Plan Administrator.
SERP Agreement. The provisions of Section 1 of this Agreement.
SERP Agreement means a written agreement between a Participant and BEL FUSE in substantially the form attached hereto as Exhibit A.

Related to SERP Agreement

  • Severance Agreement means the Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Relationship Agreement means the relationship agreement between certain members of the Brookfield Group, the Partnership, BBP, the Holding Entities and others dated as of the date hereof;

  • Employment Agreement means each management, employment, severance, consulting, relocation, repatriation, expatriation, visas, work permit or other agreement, or contract between the Company or any Affiliate and any Employee.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Plan Agreement means a written agreement, as may be amended from time to time, which is entered into by and between an Employer and a Participant. Each Plan Agreement executed by a Participant and the Participant’s Employer shall provide for the entire benefit to which such Participant is entitled under the Plan; should there be more than one Plan Agreement, the Plan Agreement bearing the latest date of acceptance by the Employer shall supersede all previous Plan Agreements in their entirety and shall govern such entitlement. The terms of any Plan Agreement may be different for any Participant, and any Plan Agreement may provide additional benefits not set forth in the Plan or limit the benefits otherwise provided under the Plan; provided, however, that any such additional benefits or benefit limitations must be agreed to by both the Employer and the Participant.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Participation Agreement means a written agreement entered into between a Participant and the Employer pursuant to the provisions of Section 4.1

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Individual Agreement means an employment, consulting or similar agreement between a Participant and the Company or one of its Subsidiaries or Affiliates.

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Letter Agreement has the meaning set forth in the Recitals.

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Separation Agreement has the meaning set forth in the recitals to this Agreement.

  • OP Agreement means the agreement of limited partnership of ATA Holdings, as amended and in effect from time to time.

  • RSU Agreement means a written agreement between the Company and a Participant evidencing the terms and conditions of an individual Award of Restricted Stock Units.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Restated Agreement means the Original Facility Agreement, as amended by this Agreement, the terms of which are set out in Schedule 2 (Restated Agreement).

  • Change in Control Agreement means a written Change in Control Agreement between an employee and the Company or an Affiliate.

  • Consulting Agreement means any written or oral agreement to retain the services, for a fee, of a consultant for the purposes of (A) providing counsel to a contractor, vendor, consultant or other entity seeking to conduct, or conducting, business with the State, (B) contracting, whether in writing or orally, any executive, judicial, or administrative office of the State, including any department, institution, bureau, board, commission, authority, official or employee for the purpose of solicitation, dispute resolution, introduction or requests for information or (C) any other similar activity related to such contracts.