SERPs definition

SERPs means the Bank Rhode Island Amended and Restated Supplemental Executive Retirement Plan, as amended, and the Bank Rhode Island 2002 Amended and Restated Supplemental Executive Retirement Plan, as amended.
SERPs shall have the meaning stated in Section 3.12(k).
SERPs means the Executive Supplemental Compensation Agreements listed in Section 3.14 of the Company Confidential Disclosure Schedule.

More Definitions of SERPs

SERPs shall have the meaning assigned such term in Section 5.18 hereof
SERPs means, collectively, The New York Times Company Supplemental Executive Retirement Plan (“SERP I”) and The New York Times Company Executive Unfunded Plan II (“SERP II”);
SERPs. Supplemental Executive Retirement Plans – are a type of deferred compensation plan provided by an employer to supplement retirement benefits. SERPs usually replace compensation not covered under the employer’s tax- qualified plan due to tax-law limits or other benefit formula restrictions. SERPs can also be extended to make an executive whole for forfeited retirement benefits resulting from new employment. SERPs are (i) commonly provided by publicly held companies for all senior executives, (ii) sometimes provided by mature private companies for a few key executives, and (iii) rarely provided by start-up companies.
SERPs means State Earnings Related Pension Scheme
SERPs has the meaning set out in Paragraph 1.6 of Schedule 5;

Related to SERPs

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

  • Health benefits plan means a benefits plan which pays or

  • 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 value in the aggregate as are payable thereunder prior to a Change in Control.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.