Benefit, Service Credit and Offsets. The Company agrees to provide Executive with a Supplemental Executive Retirement Benefit ("SERB") providing an annual retirement benefit beginning at age sixty-two (62) or thereafter, equal to the benefits which would have accrued to Executive under the Salaried Employees Retirement Plan (the "Pension Plan") and the contributions which would have been made to the Salaried Employee Defined Contribution Retirement Plan (the "Defined Contribution Plan") on behalf of Executive (hereinafter collectively referred to as the "Qualified Plans"), computed as follows:
Appears in 5 contracts
Samples: Employment Agreement (Century Aluminum Co), Employment Agreement (Century Aluminum Co), Employment Agreement (Century Aluminum Co)
