SERP Benefit definition

SERP Benefit means the benefit described in Section 5.1.
SERP Benefit means the benefit amount determined under the SERP and credited to a Participant under the Plan.
SERP Benefit means the annual retirement benefit payable pursuant to the terms of this Plan.

Examples of SERP Benefit in a sentence

  • If the Executive has properly elected an annuity form of payment with respect to the Accrued SERP Benefit, said annuity shall be included in the paid up annuity identified in this Section 8(a)(5), subject to applicable law.

  • If the Executive has properly elected a lump sum with respect to the Accrued SERP Benefit, such lump sum shall also be paid at the time specified above, subject to applicable law.

  • The Executive shall receive payment of the Accrued SERP Benefit in such form or forms of payment as the Executive has properly elected under the terms of the SERP.

  • In the event that the Executive’s employment and the Employment Term ends on account of the Executive’s Disability, the Company shall pay or provide to the Executive the Accrued Benefits and the SERP Benefit.

  • Except as otherwise provided in this Amended Participation Agreement, any SERP Benefit shall be payable on all of the same terms and conditions, including timing, set forth in the Plan.


More Definitions of SERP Benefit

SERP Benefit means any benefit payable under the Scripps SERP to or on behalf of a Covered Employee .
SERP Benefit means SERP Benefit A and/or SERP Benefit B provided pursuant to Article 2.
SERP Benefit means the vested benefit payable under this Plan.
SERP Benefit means the Participant’s RSSERP Benefit and/or Pension SERP Benefit, as applicable.
SERP Benefit means any benefit described in Article 2 of this Agreement that is payable to the Executive while the Executive is living.
SERP Benefit see Section 6.2(a).
SERP Benefit means any benefit payable or paid to a Participant, a Spouse or Beneficiary(ies) under the terms and conditions of this Plan.