Deferred Income Plans definition
Examples of Deferred Income Plans in a sentence
The provisions of this Section 7.7(f) are intended to be for the benefit of, and shall be enforceable by, each participant in the Deferred Income Plans.
Executive shall receive as a "sign-up payment," within ten (10) days following the Effective Date, $450,000, payable $225,000 in cash and $225,000 as deferred compensation recorded on behalf of the Executive in the ▇▇▇▇▇'▇ Account of the Textron Deferred Income Plans.
Without limiting the generality of the foregoing, Parent agrees not to terminate or amend the Deferred Income Plans with respect to amounts deferred thereunder as of the Effective Time in any manner adverse to the interests of any of the participants in such plans, including, without limitation, the rights of such participants to continue to accrue interest on amounts deferred under the Deferred Income Plans at the most favorable interest rates provided for in the applicable deferral agreement.