Common use of Additional Service Credit Clause in Contracts

Additional Service Credit. Executive’s total years of service credit under each of the defined benefit retirement plans (including excess benefits plans) in which Executive participates upon the date of a Termination Upon Change of Control shall be increased by an additional one year of service credit, but in each case, not above the maximum number of years of service credit permitted under each such plan.

Appears in 4 contracts

Samples: Change of Control and Retention Agreement (Diamond Foods Inc), Change of Control and Retention Agreement (Diamond Foods Inc), Change of Control and Retention Agreement (Diamond Foods Inc)

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Additional Service Credit. Executive’s 's total years of service credit under each of the defined benefit retirement plans (including excess benefits plans) in which Executive participates upon the date of a Termination Upon Change of Control shall be increased by an additional one year of service credit, but in each case, not above the maximum number of years of service credit permitted under each such plan.

Appears in 1 contract

Samples: Change of Control and Retention Agreement (Diamond Foods Inc)

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