Benefit Equalization Plan definition

Benefit Equalization Plan or "BEP" means the Ford Motor Company Benefit Equalization Plan, as it may be amended.

Benefit Equalization Plan means the Federal Home Loan Bank of New York Benefit Equalization Plan as adopted by the Bank as of June 18, 1987, to be effective as of January 1, 1988, as the same has heretofore been and may hereafter be amended.

Benefit Equalization Plan means the Philip Morris Benefit Equalization Plan, effective as of September 2, 1974 and as amended from time to time, but only to the extent that benefits are payable pursuant to Article II, A thereof.

Examples of Benefit Equalization Plan in a sentence

• During the Contract Period, if the Executive was entitled to benefits under the Company’s Benefit Equalization Plan (“BEP”) prior to the Change in Control, the Executive shall be entitled to continued benefits under the BEP after the Change in Control and such BEP may not be modified to reduce or eliminate such benefits during the Contract Period.

• During the Contract Period, if the Executive was entitled to benefits under the Company’s Benefit Equalization Plan (“BEP”) prior to the Change in Control, the Executive shall be entitled to continued benefits under the BEP after the Change in Control and such BEP may not be modified or terminated to reduce or eliminate such benefits during the Contract Period.

• The amounts reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column represent the increase in the present value of the named executive officers’ benefits (both vested and unvested) under the tax-qualified Marsh & McLennan Companies Retirement Plan, the Company’s Benefit Equalization Plan and the Company’s Supplemental Retirement Plan.

• The Executive's accounts under the Playtex Products Profit-Sharing Retirement Plan and Deferred Benefit Equalization Plan shall become fully vested as of immediately prior to the consummation of the Change of Control.

• Executive will become fully vested in any unfunded pension benefit provided under any nonqualified pension plan, program or arrangement in which he or she participates (including, without limitation, the Benefit Equalization Plan and the Supplemental Retirement Account Plan).

More Definitions of Benefit Equalization Plan

Benefit Equalization Plan means the Federal Home Loan Bank of San Francisco Benefit Equalization Plan, as amended from time to time.

Benefit Equalization Plan means the General Cable Corporation and Subsidiaries Benefit Equalization Plan, as adopted effective July 1, 1992.

Benefit Equalization Plan means the Benefit Equalization Plan, effective February 1, 1974, and as amended from time to time.

Benefit Equalization Plan means the Sotheby’s, Inc. 1988 Benefit Equalization Plan.

Benefit Equalization Plan the General Signal Corporation Benefit Equalization Plan.

Benefit Equalization Plan means the Benefit Equalization Plan of SPS Technologies, Inc., as amended from time to time.

Benefit Equalization Plan means the Benefit Equalization Plan For Employees of Comerica Incorporated or any plan adopted by the Company as a successor to such plan. AM. "Board" means the Board of Directors of Comerica Incorporated. AN. "Cause" shall be deemed to have arisen if Executive has conducted himself or herself in a manner described in (1) or (2) below: (1) If Executive has willfully and continually failed to perform substantially all of his or her duties with the Company or one of its affiliates (unless such failure occurs (i) as a result of Executive's incapacity precipitated by physical or mental illness or (ii) after Executive's issuance of a Notice of Termination for Good Reason pursuant to Section 4.6 hereof), after a written demand to perform is delivered to Executive by the Board or Chief Executive Officer of the Company which demand must specifically identify the manner in which the Board or Chief Executive Officer believes that Executive has not performed substantially all of his or her duties, provided that Executive fails to remedy the situation within ten (10) business days of receiving such notice; or