SERP Plan definition

SERP Plan means the Company's Supplemental Executive Retirement Plan.
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SERP Plan means the NAI SERP or the NCTI SERP, as the context requires, and “SERP Plans” shall mean both the NAI SERP and the NCTI SERP.
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SERP Plan means the SERP portion of the Plan, as reflected in Schedule 1 to the Plan.
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Examples of SERP Plan in a sentence

  • The Company also shall pay to the Executive (or as the Executive may otherwise direct) all amounts which the Executive is entitled to pursuant to the SERP Plan (whether vested or unvested).

  • The amount of the benefit in excess of the amount paid from the Defined Benefit Plan will be paid from MLP's general assets under the terms of the SERP Plan.

  • The Company also shall pay to the Executive (or as the Executive may otherwise direct) all amounts then credited to the Executive's account pursuant to the SERP Plan that have vested on or before the effective date of the termination of the Executive's employment and all amounts then so credited that have not vested on or before the effective date of the termination of the Executive's employment shall be forfeited.

  • Except as may be required pursuant to the SERP Plan, the Company shall not be required to establish a special or separate fund or other segregation of assets to assure such payments, and, if the Company shall make any investments to aid it in meeting its obligations hereunder, the Executive shall have no right, title or interest whatever in or to any such investments except as may otherwise be expressly provided in a separate written instrument relating to such investments.

  • In addition, the Company shall pay to the Representative (or as the Representative may otherwise direct) all amounts which the Executive is entitled to pursuant to the SERP Plan (whether vested or unvested).

  • Subject to the terms of the SERP Plan, all payments provided for under this Agreement shall be paid in cash from the general funds of the Company.

  • The Company shall pay to the Executive's account such amounts, if any, as shall become due from time to time under the SERP Plan.

  • Officer will be eligible to participate in a Supplemental Executive Retirement Plan under the terms and conditions that are described in the SERP Plan Document.

  • At the option of the Executive, SERP Plan Benefits earned subsequent thereto will be distributed to the Executive within 30 days of the end of each calendar year, in which less than the Minimum Net Worth is reported on the consolidated balance sheet of Aristotle, in a form of payment elected by the Executive from the payment options listed in Article 4.

  • To the extent of any inconsistency between this Agreement and the SERP Plan, the terms of this Agreement shall prevail.


More Definitions of SERP Plan

SERP Plan means the Argo-Tech Corporation Employee Stock Ownership Plan Excess Benefit Plan, established as of May 17, 1994, and amended by the First Amendment to the Argo-Tech Corporation Employee Stock Ownership Plan Excess Benefit Plan effective as of December 17, 1998.
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SERP Plan means the NAI SERP or the NCTI SERP, as the context requires, and “ SERP Plans ” shall mean both the NAI SERP and the NCTI SERP.
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Related to SERP Plan

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

  • HACCP plan means a written document that delineates the formal procedures for following the Hazard Analysis Critical Control Point principles developed by The National Advisory Committee on Microbiological Criteria for Foods.

  • 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.

  • Supplemental Plan means a written plan for a child outlining the agency's plan to locate a permanent placement for the child and which may be developed concurrently with the case plan.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.