Common use of Supplemental Retirement Benefit Clause in Contracts

Supplemental Retirement Benefit. Since certain limitations are placed on the amount of benefits receivable by participants under certain of the Company's Retirement Plans and disability plans and amounts contributed by the Company to certain Defined Contribution Plans by the Code, the Company shall provide Executive and his beneficiaries with restorative benefits equal to the benefits lost under those plans as a result of these limitations. Payments of such supplemental benefits shall be made to Executive or his beneficiaries in a manner consistent with the elections available under the plans providing such supplemental benefits.

Appears in 3 contracts

Samples: Employment Agreement (Modine Manufacturing Co), Employment Agreement (Modine Manufacturing Co), Employment Agreement (Modine Manufacturing Co)

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Supplemental Retirement Benefit. 5.01 Since certain limitations are placed on the amount of benefits receivable by participants under certain of the Company's Retirement Plans Pension and disability plans and amounts contributed Disability Plan by the Company Internal Revenue Code, and on the amounts contributable to certain Defined Contribution Plans by the CodeCompany's Salary Reduction Plan (401(k) Plan) under Article 5 of such plan, the Company shall provide the Executive and his beneficiaries with restorative benefits equal to the benefits lost under those plans Plans as a result of these limitations. Payments of such supplemental benefits Supplemental Retirement Benefits shall be made to the Executive or his beneficiaries in a manner consistent with the elections available under the plans providing such supplemental benefitsSupplemental Retirement Benefits.

Appears in 2 contracts

Samples: Agreement (Modine Manufacturing Co), C) Agreement (Modine Manufacturing Co)

Supplemental Retirement Benefit. Since certain limitations are placed on the amount of benefits receivable by participants under certain of the Company's Retirement Plans and disability plans and amounts contributed plan by the Company Internal Revenue Code, and on the amounts contributable to certain Defined Contribution Plans by the CodeCompany's 401(k) Plan under Article 5 of such plan, the Company shall provide the Executive and his beneficiaries with restorative benefits equal to the benefits lost under those plans as a result of these limitations. Payments of such supplemental retirement benefits shall be made to the Executive or his beneficiaries in a manner consistent with the elections available under the plans providing such supplemental benefits.

Appears in 1 contract

Samples: Agreement (Modine Manufacturing Co)

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Supplemental Retirement Benefit. Since certain limitations are placed on the amount of benefits receivable by participants under certain of the Company's Retirement Plans plans and disability plans and amounts contributed by the Company to certain Defined Contribution Plans by the Code, the Company shall provide Executive and his beneficiaries with restorative benefits equal to the benefits lost under those plans as a result of these limitations. Payments of such supplemental benefits shall be made to Executive or his beneficiaries in a manner consistent with the elections available under the plans providing such supplemental benefits.

Appears in 1 contract

Samples: Employment Agreement (Modine Manufacturing Co)

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