Examples of Supplemental Employee in a sentence
Executive shall not be subject to any amendment to the Supplemental Employee Retirement Plan without Executive's written consent.
The Company shall make all contributions to its Supplemental Employee Retirement Plan (“SERP”) on behalf of Executive for each plan year in accordance with the SERP then in effect, as amended from time to time.
Retirement Plan, the Company’s Supplemental Employee Retirement Plan, any 401(k) or other incentive savings plan, and any equity compensation or other employee benefit plans within the meaning of Section 3(2) of the Employee Retirement Income Security Act.
Any participant in the Consolidated Rail Corporation Supplemental Employee Retirement Plan who transfers employment to NSC from Consolidated Rail Corporation on or before August 22, 2001 shall become a Participant on the effective date of his or her transfer.
Supplemental Employee Retirement Plan We will provide additional retirement benefits to certain of our named executive officers under the Supplemental Employee Retirement Plan (the “SERP”).
Company shall make all contributions to its Supplemental Employee Retirement Plan on behalf of Executive for each Plan year based on Executive’s total compensation for that year.
In addition to the Base Salary and Annual Bonus, the Executive shall be entitled to participate in the Company's Supplemental Employee Retirement Plan as adopted by the Company effective January 1, 2000 and as amended thereafter provided that Executive has agreed to such amendment.
For employees who are eligible, including all Named Executive Officers, there is a nonqualified, Supplemental Employee Retirement Plan (SERP) in which the Company contributes to the account of each individual an amount equal to the reduction in the contribution under the Retirement Plan arising from the provisions of the 1986 Tax Reform Act.
As of the Termination Date, Executive will become fully vested in the Makeup Contributions Account in the Supplemental Employee Retirement Plan and, without regard to Executive's payment elections previously made under that plan, will receive all benefit amounts under that plan in a single, lump-sum cash payment as soon as practicable following the Termination Date.
Any amount deferred under this Section 4.1 shall be credited to a Supplemental Employee Contribution Account.