Non-Qualified Deferred Compensation Plans. No ▇▇▇▇▇▇▇ Participant shall accrue any additional benefits under the Dover Pension Replacement Plan, defer any compensation under the Dover Deferred Compensation Plan, or be credited with any additional supplemental accruals under the Dover Technologies International, Inc. Supplemental Executive Retirement Plan, in each case, attributable to services performed on or after January 1, 2014. For the avoidance of doubt, the account balance of each ▇▇▇▇▇▇▇ Participant under the Dover Deferred Compensation Plan shall continue to change based on the ▇▇▇▇▇▇▇ Participant’s individual investment elections. Effective as of the Plan Separation Date, ▇▇▇▇▇▇▇ shall assume all Dover Pension Replacement Plan Liabilities, the Dover Deferred Compensation Plan Liabilities, and the Dover Technologies International, Inc. Supplemental Executive Retirement Plan Liabilities with respect to each ▇▇▇▇▇▇▇ Employee who participates in such plans. The treatment of benefits under each nonqualified deferred compensation plan shall comply with Section 409A of the Code, to the extent subject thereto.
Appears in 3 contracts
Sources: Employee Matters Agreement (DOVER Corp), Employee Matters Agreement (Knowles Corp), Employee Matters Agreement (Knowles Corp)