Company SERP definition

Company SERP shall have the meaning set forth in Section 3(g).
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Company SERP means the Lanixx Xxxldwide, Inc. Supplemental Executive Retirement Savings Plan and the Lanixx Xxxldwide, Inc. Supplemental Executive Retirement Plan.
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Company SERP means the Supplemental Executive Retirement Plan of the Company, as amended to date.
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Examples of Company SERP in a sentence

  • If Officer is a participant in the Supplemental Executive Retirement Plan of the Pacific Gas and Electric Company (SERP), Officer may elect to convert any portion of the amount described in the preceding Section 2(a)(1) to provide for additional years of service and/or additional years to Officer's age for purposes of calculating a benefit under the SERP.

  • The Company expects to review the Company SERP as part of an overall review of retirement benefits and the Company SERP may change as a result of such review, in the Company’s discretion.

  • Company shall not assume any liability whatsoever with respect to the Parent SERP, and Parent shall not assume any liability with respect to Company SERP.

  • During the Term of Employment, the Executive shall be entitled to participate in the Income Continuation Policy for Select Senior Executives of the Company ("ICP") (which provides benefits to the Executive in the event of a change in control of the Company), the Deferred Compensation Plan and the Supplemental Retirement Plan I for Select Senior Management of the Company ("SERP I").

  • The Company maintains the Unfunded Pension Plan for Selected Executives of the Company ("SERP").

  • The Executive may terminate his employment upon giving at least three (3) months’ written notice to the Company, provided that he is vested in his accrued benefit pursuant to the Company SERP upon the Date of Termination.

  • The Executive will be fully vested at all times in his benefits under the Company SERP.

  • The Company SERP and the Company RVP SERP shall be amended (with participant consent, as necessary) prior to the Effective Time to permit the treatment of account balances thereunder as set forth above.

  • The Pension Sum will accrue from day to day and is payable in respect of each of the Company’s fiscal years and to the extent that the 401(k) plan Company matching contributions and the Company SERP contributions are less than the Pension Sum, the balance of the Pension Sum shall be paid to you as a lump sum on or before the expiration of 90 days after the end of each fiscal year by credit transfer to your designated bank account.

  • Subject to Section 11, the Executive’s benefit under the Company SERP shall be paid in a cash lump sum on the earlier to occur of January 1, 2012, or the Executive’s termination of employment hereunder.


More Definitions of Company SERP

Company SERP means any supplemental retirement benefit arrangement maintained by the Company or any Company Subsidiary, each of which is listed and described on Company Disclosure Schedule 4.6.7.
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Company SERP means that certain Supplemental Retirement Benefit Plan in the form attached hereto as Exhibit A adopted by the Company and effective as of the Effective Date providing for certain supplemental retirement.
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Company SERP means the Hastings Entertainment, Inc. Supplemental Executive Retirement Plan, as amended.
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Company SERP shall have the meaning set forth in Section 5.2(c).
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Company SERP means the Staples, Inc. Supplemental Executive Retirement Plan.
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Company SERP means the Lanier Worldwide, Inc. Supplemental Executive Retirement Savings Plan and the Lanier Worldwide, Inc. Supplemental
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Related to Company SERP

  • Company Service means the Company's email, Internet, security management services provided to End Users for the purposes of conducting Company's internal business.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • SpinCo Employee means any individual who, as of the Effective Time, is employed by or will be employed by Spinco or any member of the Spinco Group, including active employees and employees on vacation and approved leave of absence (including maternity, paternity, family, sick leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, short- or long-term disability leave, leave under the Family Medical Leave Act and other approved leave).

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • RemainCo shall have the meaning set forth in the Preamble.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Health benefits plan means a benefits plan which pays or

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Continuing Employee has the meaning set forth in Section 6.7(a).