Common use of Pension Supplement Clause in Contracts

Pension Supplement. If Ceridian terminates Executive's employment without cause prior to Executive's 65th birthday, Ceridian shall provide to Executive, out of its general assets, a monthly supplemental retirement benefit in an amount equal to the actuarial equivalent of the difference, if any between:

Appears in 6 contracts

Samples: Employment Agreement (Ceridian Corp), Executive Employment Agreement (Ceridian Corp /De/), Employment Agreement (Ceridian Corp /De/)

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Pension Supplement. If Ceridian terminates Executive's employment without cause prior to Executive's 65th birthday, Ceridian shall provide to Executive, out of its general assets, a monthly supplemental retirement benefit in an amount equal to the actuarial equivalent of the difference, if any any, between:

Appears in 1 contract

Samples: Employment Agreement (Ceridian Corp)

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