Annual Contributions. Contemporaneously with each payment of base salary (whether before or after the Executive’s Separation from Service) paid by the Company to the Executive, commencing with the first payment during 2009, the Company will credit the Executive's Retirement Account under the Deferred Comp Plan with Company Contributions in an amount equal to the percentage shown on Schedule 1 hereto of the gross amount of each such payment of base salary.
Appears in 3 contracts
Sources: Deferred Compensation and Settlement Agreement (Fpic Insurance Group Inc), Deferred Compensation and Settlement Agreement (Fpic Insurance Group Inc), Deferred Compensation and Settlement Agreement (Fpic Insurance Group Inc)