Top Hat Plan definition

Top Hat Plan means a non-qualified deferred compensation plan for a select group of management or highly compensated employees within the meaning of section 401(a)(1) of ERISA.
Top Hat Plan shall have the meaning set forth in Section 3.12(l) of this Agreement.
Top Hat Plan means a non-qualified deferred compensation plan for a select group of management or highly compensated employees within the meaning of Section 401(a)(1) of ERISA and Section 2520.104-23(d) of the Department of Labor Regulations.

Examples of Top Hat Plan in a sentence

  • This Plan is intended to be a Top Hat Plan and therefore exempt from the provisions of Parts 2, 3, and 4 of Title I of ERISA.

  • It is the Employer's intention that this Plan be a Top Hat Plan, defined as an unfunded plan maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees, as provided in Sections 201(2), 301(a)(3), and 401(a)(1) of the Employee Retirement Income Security Act of 1974, as amended from time-to-time.

  • Each Top Hat Plan is in compliance with the filing requirement of 29 CFR §2520.104-23.

  • This plan preserves benefits for those Salaried Plan participants described in section 5.2(a) hereof, by preserving for them the pre-1989 level of benefit accrual that was in effect before January 1, 1989 (after taking into account any benefits under the Excess Benefit Plan and Excess Compensation Top Hat Plan).

  • This Plan is intended to be a Top Hat Plan and shall be interpreted, administered and enforced in accordance with ERISA.


More Definitions of Top Hat Plan

Top Hat Plan has the meaning set forth in Section 7.1(D) hereof.
Top Hat Plan means a plan, including a program under MSCIP, that is intended to qualify as a plan maintained for a select group of highly compensated or management employees within the meaning of ERISA.
Top Hat Plan means the non-qualified, unfunded, deferred compensation plan
Top Hat Plan shall have the meaning as set forth in Section 2.34. 1999/00 COMBINED AND CONSOLIDATED CONTINGENT CONSIDERATION NET OPERATING INCOME PAYOUT % -------------------- -------- less than or equal to $10,673,000 100.0% less than or equal to $10,406,000 greater than $10,673,000 90.0% less than or equal to $10,139,000 greater than $10,406,000 80.0% less than or equal to $9,873,000 greater than $10,139,000 70.0% less than or equal to $9,606,000 greater than $9,873,000 60.0% less than or equal to $9,339,000 greater than $9,606,000 45.0% less than or equal to $9,072,000 greater than $9,339,000 30.0% less than or equal to $8,805,000 greater than $9,072,000 20.0% less than or equal to $8,538,000 greater than $8,805,000 10.0% less than or equal to $8,272,000 greater than $8,538,000 5.0% greater than $8,272,000 0.0% -60- 61 TABLE OF CONTENTS Page ---- ARTICLE I DEFINITIONS..................................................................... 1
Top Hat Plan means the Agreement dated June 19, 1997 between the Company's Canadian Subsidiary and Michxxx Xxxxxxx.
Top Hat Plan means a nonqualified, unfunded plan maintained primarily to provide deferred compensation benefits to a Participant who falls within a select group of “management or highly compensated employees” within the meaning of Section 201, 301 and 401 of ERISA.