Common use of Value Equivalent Clause in Contracts

Value Equivalent. The Life Annuity amount, as adjusted by Section 3.1, multiplied by the following factor to calculate a Fifty Percent (50%) Joint and Survivor Annuity or a Lump Sum:

Appears in 2 contracts

Sources: Supplemental Executive Retirement Plan (Euramax International PLC), Supplemental Executive Retirement Plan (Euramax International PLC)