Common use of TOP-HAT PLAN Clause in Contracts

TOP-HAT PLAN. The SERP will be considered a "top-hat" plan, which is exempt from substantive provisions of the Employee Retirement Income Security Act of 1974, as amended, pertaining to participation, vesting, funding and fiduciary responsibility.

Appears in 3 contracts

Sources: Employment Agreement (Superior Essex Inc), Employment Agreement (Superior Essex Inc), Employment Agreement (Superior Essex Inc)