Management Deferred Compensation Plan. “Management Deferred Compensation Plan,” when immediately preceded by “Potlatch,” means the Potlatch Corporation Management Deferred Compensation Plan. When immediately preceded by “Clearwater,” “Management Deferred Compensation Plan” means the deferred compensation plan to be established by Clearwater pursuant to Sections 2.2 and 5.2 that corresponds to the Potlatch Corporation Management Deferred Compensation Plan.
Management Deferred Compensation Plan. Xxxxxxx will be ------------------------------------- eligible to participate in CP&L's Management Deferred Compensation Plan in accordance with the terms of the plan. Xxxxxxx'x participation in this plan shall begin January 1, 2000.
Management Deferred Compensation Plan. If the Executive's employment terminates due to Disability or death, by the Company without Cause, by the Executive for Good Reason, by the Executive with consent of the Board, or upon expiration of the Term on or after the Final Date, the Executive shall be treated as a "retiree" for purposes of vesting in any discounted or other restricted stock units acquired pursuant to the Management Deferred Compensation Plan (the "Deferred Compensation Plan"). If the Executive is or becomes a member of the Board immediately following such termination of employment, the Executive will be entitled to maintain his account balance in the Deferred Compensation Plan through the Board Service Period.
Management Deferred Compensation Plan. Xxxxxxx will be eligible for participation in CP&L's Management Deferred Compensation Plan (MDCP), subject to its terms. Additionally, Xxxxxxx continues all vested benefits under CP&L's suspended Deferred Compensation for Key Management Employees including a retention bonus with CP&L under the Plan pursuant to an August 3, 1998 Employment Agreement. This latter bonus vests based on continued employment until or beyond age 60.
Management Deferred Compensation Plan. If your employment with the Company terminates with the consent of the Board of Directors, you will be treated as a "retiree" for purposes of vesting in any discounted restricted stock units acquired pursuant to such Plan. However, at your request made at least six months prior to your termination of employment with the Company, the Company will continue to maintain your deferred compensation account balance following your termination of employment so long as you remain on the Board of Directors of the Company.
Management Deferred Compensation Plan. Orser will be eligible for participation in CP&L's Management Deferxxx Xompensation Plan (MDCP), subject to its terms. Additionally, Orser has a vested benefit under the suspended CP&L Deferred Compenxxxxxn Plan for Key Management Employees. Furthermore, Orser has a recruitment bonus with the Deferred Compensation Plan fxx Xxy Management Employees pursuant to an April 1, 1993 Employment Agreement. You are credited with nine years of service solely for determining your benefits with this latter bonus.
Management Deferred Compensation Plan. Xxxxxxxxxx will be eligible for participation in CP&L's Management Deferred Compensation Plan (MDCP), subject to its terms. Additionally, Xxxxxxxxxx also has a vested benefit under the suspended Deferred Compensation Plan for Key Management Employees.
Management Deferred Compensation Plan. Xxxxx will be eligible for ------------------------------------- participation in CP&L's Management Deferred Compensation Plan (MDCP), subject to its terms.
Management Deferred Compensation Plan. Employee will be eligible for participation in CP&L's Management Deferred Compensation Plan (MDCP), subject to its terms.
Management Deferred Compensation Plan. Cavanaugh will be eligible for participation in CP&L's Management Dexxxxxx Xxmpensation Plan (MDCP), subject to its terms. Additionally, Cavanaugh has a vested benefit under the suspended CP&L Deferred Comxxxxxxxxx Plan for Key Management Employees. Furthermore, Cavanaugh has a recruitment bonus with the Deferred Compensation Plax xxx Xxx Management Employees as of September 1, 1992. This bonus included a payment of One Hundred and Fifty Thousand Dollars ($150,000) deferred for the calendar year 1992. This amount will be utilized to provide retirement income to Cavanaugh of One Hundred Twenty One Thousand, Three Hundred Sixty Eixxx Xxxxxrs ($121,368) per year for 15 years, payable monthly commencing January 1 following Cavanaugh's attainment of age 65. Reduced payments shall be made purxxxxx xx xx agreed upon schedule if Cavanaugh dies prior to age 65.
