DCP Plan definition
Examples of DCP Plan in a sentence
The current DCP Plan selection has the approval of the County's Director of Finance.
The Company is providing the Enhanced SRA Benefit to the Executive as part and parcel of the 2004 Senior Executive Retention Plan of the Company which also includes a deferred compensation benefit to be provided by the Company to the Executive pursuant to the Company’s 2004 Senior Executive Deferred Compensation Plan (the ‘‘2004 Senior Executive DCP”) and the Executive’s associated 2004 Senior Executive Deferred Compensation Plan Agreement (the “Executive’s DCP Plan Agreement”).
Deferred Compensation Plan (the DCP Plan) is a non-qualified deferred compensation plan for a select group of executives and highly compensated employees.
The objectives of the DCP Plan are to assist executives with financial planning and capital accumulation and to provide the Company with a method of attracting, rewarding and retaining executives.
For the years ended September 30, 2016, 2015 and 2014, we contributed approximately $204,000, $227,000 and $212,000, respectively, to the DCP Plan in the form of voluntary contributions.
The Purchaser will indicate on Row 2 of Schedule I only the number of stock fund units under the DCP Plan to be acquired by the Purchaser through his or her transfer of account balances currently allocated to the DCP Plan insurance fund investment alternatives.
The 2004 Senior Executive DCP and the Executive's DCP Plan Agreement are hereby incorporated herein by reference.
The 2004 Senior Executive DCP and the Executive's DCP Plan Agreement are hereby incorporated herein by reference." If the Executive commences receiving the Enhanced SRA Benefit and subsequently forfeits the Enhanced SRA Benefit as provided above, then the Executive shall be obligated to return to the Company the cumulative amount of the Enhanced SRA Benefit previously paid to the Executive.
Except as set forth on Section 2.20 of the Seller Disclosure Schedules, and except for the DCP Plan and as provided in Section 1.3(e), none of the Assumed Liabilities is a liability payable to or in favor of any director, officer, manager, or employee of any of the Sellers or their respective Affiliates and none of the directors, officers, employees, or managers of any of the Sellers or their Affiliates has any right to or interest in any of the Purchased Assets (other than the Books and Records).
The 2004 Senior Executive DCP and the Executive’s DCP Plan Agreement are hereby incorporated herein by reference.