Examples of Supplemental Pension Benefit in a sentence
The Supplemental Pension Benefit (as defined in the SERP) of Executive shall not be adversely affected because of any modification, amendment or termination of the SERP.
The Supplemental Pension Benefit (as defined in the SERP) of the Employee shall not be adversely affected because of any modification, amendment or termination of the SERP.
The amount of an Eligible Employee's Supplemental Pension Benefit Contribution for a Plan Year will be equal to the Actuarial Equivalent of the amount by which that Eligible Employee's Pension Benefit under the Pension Plan for that Plan Year was reduced as a result of Code Sections 401(a)(17) and/or 415.
Notwithstanding any other provision of the Plan to the contrary, in the event of a Change of Control, a Participant’s interest in his or her Supplemental Pension Benefit shall vest.
The obligation of the Corporation under the Plan to provide the Participant or the Participant’s Beneficiary with a Supplemental Pension Benefit merely constitutes the unsecured promise of the Corporation to make payments as provided herein, and no person shall have any interest in, or a lien, or prior claim on any property of the Corporation.