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Common use of Actuarial Equivalent Clause in Contracts

Actuarial Equivalent. Actuarial Equivalent" shall have the same meaning the term "Actuarial Equivalent" has under Section 2.03 of the Qualified Plan using the following actuarial assumptions:

Appears in 5 contracts

Sources: Supplemental Retirement Agreement (NBT Bancorp Inc), Supplemental Retirement Agreement (NBT Bancorp Inc), Supplemental Retirement Agreement (NBT Bancorp Inc)

Related Clauses

  • Normal Retirement Benefit
  • Death Benefit
  • Retirement Benefit
  • Early Retirement Benefit
  • Survivor Benefit

Parent Clauses

  • Supplemental Executive Retirement Plan
  • Compensation and Benefits
  • Supplemental Executive Retirement Plan Benefits
  • DEFINITIONS
  • Termination In Connection With or Following Change in Control

Sub-Clauses

  • Timing of Payments
  • Reliance on Accountants
  • Committee Reliance on Records and Reports
  • Termination of Employment Prior to Retirement Age
  • Disability
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