Common use of Form of Benefit Clause in Contracts

Form of Benefit. The Participant’s Retirement Benefit shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s Retirement Benefit.

Appears in 3 contracts

Samples: Senior Executive Retirement Agreement (Crown Holdings Inc), Senior Executive Retirement Agreement (Crown Holdings Inc), Senior Executive Retirement Agreement (Crown Holdings Inc)

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Form of Benefit. The Participant’s Retirement Benefit Benefits shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s his Retirement BenefitBenefits.

Appears in 2 contracts

Samples: Retirement Agreement (Crown Holdings Inc), Senior Executive Retirement Agreement (Crown Holdings Inc)

Form of Benefit. The Participant’s Retirement Benefit Benefits shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s Retirement Benefit.’s

Appears in 2 contracts

Samples: Retirement Agreement (Crown Holdings Inc), Crown Holdings Inc

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Form of Benefit. The Participant’s 's Retirement Benefit shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s 's Retirement Benefit.

Appears in 1 contract

Samples: Senior Executive Retirement Agreement (Crown Holdings Inc)

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