Supplemental Executive Retirement Plan. The Executive will be eligible to participate in the Company's Supplemental Executive Retirement Plan ("SERP"). Under the terms of the SERP, the Executive will be entitled to receive a nonqualified retirement benefit in accordance with the terms and provisions thereof, as administered by the Company's Board of Directors or the Compensation Committee.
Appears in 2 contracts
Samples: Employment Agreement (Covance Inc), Employment Agreement (Covance Inc)
Supplemental Executive Retirement Plan. The Executive will be eligible to participate in the Company's Supplemental Executive Retirement Plan ("SERP"). Under the terms of the SERP, the Executive will be entitled to receive a nonqualified retirement benefit in accordance with the terms and provisions thereof, as administered by the Company's Board of Directors or the Compensation CommitteeDirectors.
Appears in 2 contracts
Samples: Employment Agreement (Covance Inc), Employment Agreement (Corning Pharmaceutical Services Inc)
Supplemental Executive Retirement Plan. The Executive Employee will be eligible to participate in the Company's Supplemental Executive Retirement Plan provided a nonqualified supplemental executive retirement plan ("SERP"). Under ”) appropriate for a person in the terms position of President and Chief Executive Officer of the SERP, the Executive Bank. The SERP terms and conditions will be entitled to receive a nonqualified retirement benefit in accordance with the terms and provisions thereof, as administered determined by the Company's Board of Directors or Bank, taking into account input from the Compensation CommitteeEmployee, and subject to any applicable regulatory requirements and approvals.
Appears in 2 contracts
Samples: Employment Agreement (First Financial Northwest, Inc.), Employment Agreement (First Financial Northwest, Inc.)
Supplemental Executive Retirement Plan. The Executive will be eligible to participate in the Company's ’s Supplemental Executive Retirement Plan ("the “Company SERP"). Under the terms of the SERP, the Executive will be entitled to receive a nonqualified retirement benefit ”) in accordance with the terms and provisions thereofconditions of the Company SERP as in effect from time to time; provided, however, that the Executive shall be fully vested and eligible for an Early Retirement Benefit at Separation of Employment (each such term as administered by defined under the Company's Board of Directors or the Compensation Committee.Company SERP).1
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