Non-Qualified Plans. Non-Qualified Plans" means the Company's Supplemental Retirement Plan in existence as of the date hereof, and any other unfunded, non-qualified, deferred compensation, incentive compensation or retirement plan adopted by the Company subsequent to the date hereof, and/or any successor plan or plans.
Non-Qualified Plans. (a) Effective as of the Distribution Date, Xxxxxx shall have in effect the Xxxxxx BEP-SIP and the Zimmer BEP-RIP which shall provide benefits to Active Zimmer Employees who are participating in the Xxxxxxx-Xxxxx Squibb BEP-SIP and the Xxxxxxx-Xxxxx Squibb BEP-RIP prior to the Distribution Date. Xxxxxxx-Xxxxx Squibb shall retain responsibility for all benefits accrued prior to the Distribution Date by Active and Former Zimmer Employees under (i) the Xxxxxxx-Xxxxx Squibb BEP-RIP and (ii) the Xxxxxxx-Xxxxx Squibb Key International Pension Plan.
Non-Qualified Plans. Following the Effective Date, Communications Employees who are eligible shall continue to participate in Willxxxx Xxxplemental Retirement Plan (the "Willxxxx Xxxtoration Plan") through December 31, 2000. As soon as practicable following the Effective Date, and in any event no later than January 1, 2000, Communications shall establish a benefit restoration plan (the "Communications Restoration Plan") relating to the Willxxxx Xxxsion Plan for the benefit of the Communications Employees who were, immediately prior to January 1, 2000, participating in the Willxxxx Xxxtoration Plan or who become eligible for participation in the Communications Restoration Plan on or after January 1, 2000. As of the Effective Date, Communications shall assume and be solely responsible for the liabilities and obligations relating to the Communications Employees arising under the Willxxxx Xxxtoration Plan.
Non-Qualified Plans. Non-Qualified Plans," when immediately preceded by "Southern," means the Southern Supplemental Benefit Plan, the Southern SERP and the Southern Deferred Compensation Plan. When immediately preceded by "Southern Energy," "Non-Qualified Plans" means the deferred compensation, supplemental executive retirement and supplemental benefit plans, programs, or arrangements established or to be established by Southern Energy pursuant to Section 2.02 and Article V.
Non-Qualified Plans. Non-Qualified Plans" when immediately preceded ------------------- by "HP," means the HP Excess Benefit Plan, the HP Executive Deferred Compensation Plan, and the HP Officers Early Retirement Plan. When immediately preceded by "Agilent," "Non-Qualified Plan" means the deferred compensation and excess benefit plans, programs, or arrangements to be established by Agilent pursuant to Section 2.2 and Article V.
Non-Qualified Plans. The Executive will participate in the Company’s Non-Qualified Pension Plan (the “Non-Qualified Plan”) and Non-Qualified CRISP Plan (“Non-Qualified CRISP Plan”). For purposes of the Non-Qualified Plan, except as set forth below, years of service for purposes of calculating benefits will be credited at a three-for-one rate until Executive has service credit of thirty years, and Executive’s benefits thereunder shall be determined using the prior benefit formula as in effect under the qualified pension plan during 2004 (described as Option (A) in the Company’s August 2008 Proxy Statement). Notwithstanding the foregoing, (x) in the event of voluntary termination or retirement prior to attainment of age 60, a crediting rate of two-for-one shall apply in lieu of the three-for-one rate, and (y) the Board must approve a voluntary termination or retirement before November 7, 2010 and, in the event of such termination or retirement without approval by the Board, the Executive will not be entitled to any benefits under the Non-Qualified Plan or the Non-Qualified CRISP Plan. In the event of termination for “Cause”, the Executive will not be entitled to any benefits under the Non-Qualified Plan or the Non-Qualified CRISP Plan.
Non-Qualified Plans. 6 Section 3.1 Deferred Compensation Plan..................................................................6 Section 3.2 SERP........................................................................................6
Non-Qualified Plans. (a) Effective as of the Closing Date, Buyer shall, or shall cause the Buyer 69 Subsidiaries and the Clairol Entities to, have in effect non-qualified defined benefit and defined contribution plans that provide benefits to Employees who are participating in Seller's Benefit Equalization Plans and Key International Pension Plan before the Closing Date, in accordance with Section 9.03 above.
Non-Qualified Plans. “Non-Qualified Plans” when immediately preceded by “ BMS,” means the BMS BEP-RIP, the BMS BEP-SIP, the BMS Deferred Compensation Plan, and any other deferred compensation or excess benefit plan, program or arrangement maintained by BMS for the benefit of employees and retirees of the BMS Group. When immediately preceded by “Xxxx Xxxxxxx,” “Non-Qualified Plan” means the excess benefit plans, programs, or arrangements to be established by Xxxx Xxxxxxx pursuant to Section 2.2 to assume the Liabilities of Xxxx Xxxxxxx Transferred Employees that were accrued under the applicable BMS Non-Qualified Plan prior to the Separation Date in accordance with Article VII.
Non-Qualified Plans. Following the Closing Date, Buyer shall cause DPC to continue to maintain its Pension Restoration Plan, Retirement Restoration Plan and Supplemental Retirement Income Plan with respect to Transferred Employees. Buyer and DPC shall assume and be solely responsible for the liabilities and obligations relating to the Transferred Employees who participate in the DuPont 401(k) Restoration Plan.
