SERP Plan definition

SERP Plan means the Company's Supplemental Executive Retirement Plan.
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SERP Plan means the Seaboard Corporation 409A Executive Retirement Plan, adopted by Seaboard Corporation effective January 1, 1999, as amended and restated effective January 1, 2009, but not including the amendments made which are effective January 1, 2013.
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SERP Plan means the SERP portion of the Plan, as reflected in Schedule 1 to the Plan.
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Examples of SERP Plan in a sentence

  • The Company also shall pay to the Executive (or as the Executive may otherwise direct) all amounts which the Executive is entitled to pursuant to the SERP Plan (whether vested or unvested).

  • The unamortized actuarial gains and losses on the SERP Plan are amortized from AOCL into Other Income, Net over the average future employee service period, and are reflected in amounts reclassified from AOCL.

  • Pilgrim’s Pride assumed sponsorship of the SERP Plan and Directors’ Emeriti Plan through its acquisition of Gold Kist in 2007.

  • Although Eversource maintains marketable securities in a benefit trust, the SERP Plan does not contain any assets.

  • The amount of the benefit in excess of the amount paid from the Defined Benefit Plan will be paid from MLP's general assets under the terms of the SERP Plan.

  • In addition to the Pension Plan, Eversource Service sponsors a non-qualified defined benefit retirement plan (SERP Plan), which provides benefits in excess of Internal Revenue Code limitations to eligible participants consisting of current and retired employees.

  • This Plan is provided to the Participants in lieu of any benefit under the SERP Plan.

  • The Company also shall pay to the Executive (or as the Executive may otherwise direct) all amounts then credited to the Executive's account pursuant to the SERP Plan that have vested on or before the effective date of the termination of the Executive's employment and all amounts then so credited that have not vested on or before the effective date of the termination of the Executive's employment shall be forfeited.

  • Other Comprehensive Income ("OCI") amounts before reclassifications relate to actuarial gains and losses that arose during the year on the SERP Plan and were recognized in AOCL.

  • Subject to the terms of the SERP Plan, all payments provided for under this Agreement shall be paid in cash from the general funds of the Company.


More Definitions of SERP Plan

SERP Plan means the NAI SERP or the NCTI SERP, as the context requires, and “SERP Plans” shall mean both the NAI SERP and the NCTI SERP.
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SERP Plan means the NAI SERP or the NCTI SERP, as the context requires, and “ SERP Plans ” shall mean both the NAI SERP and the NCTI SERP.
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SERP Plan means the Argo-Tech Corporation Employee Stock Ownership Plan Excess Benefit Plan, established as of May 17, 1994, and amended by the First Amendment to the Argo-Tech Corporation Employee Stock Ownership Plan Excess Benefit Plan effective as of December 17, 1998.
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Related to SERP Plan

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

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Supplemental Plan means a written plan for a child outlining the agency's plan to locate a permanent placement for the child and which may be developed concurrently with the case plan.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Health benefits plan means a benefits plan which pays or

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • SERP Benefit means the benefit described in Section 5.1.

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."

  • Plan A means the 1997 Incentive Stock Option Plan;

  • Dental plan means any dental insurance policy, including those of nonprofit health service plans, and those of commercial group, blanket, and individual policies, any subscriber contracts issued by Health Maintenance Organizations (HMOs), and any other established programs under which the insured may make a claim. The term Dental Plan includes coverage under a governmental plan, or coverage required to be provided by law. This does not include a State plan under Medicaid (Title XIX, Grants to States for Medical Assistance Programs, of the United States Social Security Act, as amended from time to time.)

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.