Common use of Defined Benefit Retirement Plans Clause in Contracts

Defined Benefit Retirement Plans. Within five business days after the Termination Date or, if later, the earliest time or times permitted under Internal Revenue Code Section 409A and related Federal regulations, if Mr./Ms. [Insert Name] is a participant in the Ferro Corporation Retirement Plan and/or the Ferro Corporation Supplemental Defined Benefit Plan for Executive Employees, then the Company will pay Mr./Ms. [Insert Name] an amount equal to the present value of the excess of –

Defined Benefit Retirement Plans. Within five business days after the Termination Date or, if later, the earliest time or times permitted under Internal Revenue Code Section 409A and related Federal regulations, if Mr./MsXx. [Insert Name] Xxxxxx is a participant in the Ferro Corporation Retirement Plan and/or the Ferro Corporation Supplemental Defined Benefit Plan for Executive Employees, then the Company will pay Mr./MsXx. [Insert Name] Xxxxxx an amount equal to the present value of the excess of –

Defined Benefit Retirement Plans. Within five business days after the Termination Date or, if later, the earliest time or times permitted under Internal Revenue Code Section 409A and related Federal federal regulations, if Mr./MsMx. [Insert Name] Xxxxxxxx is a participant in the Ferro Corporation Retirement Plan and/or the Ferro Corporation Supplemental Defined Benefit Plan for Executive Employees, then the Company will pay Mr./MsMx. [Insert Name] Xxxxxxxx an amount equal to the present value of the excess of –