SERP Benefit definition

SERP Benefit means the benefit described in Section 5.1.
SERP Benefit means the annual retirement benefit payable pursuant to the terms of this Plan.
SERP Benefit means any benefit payable under the SERP to or on behalf of a Covered Employee.

Examples of SERP Benefit in a sentence

  • The payment of a Participant’s benefit under this Article VII shall commence (or be paid, as the case may be) within the ninety day period beginning on the Participant’s SERP Benefit Commencement Date.

  • Albany shall pay Executive any SERP Benefit withheld pursuant Section 409A of the Code in a lump sum, along with the next regularly scheduled SERP benefit payment next following the expiration of the six month period described above.

  • PAYMENT UPON RETIREMENT NamePension Plan Benefit ($)BRP Benefit - Defined Benefit PortionBRP Benefit - Defined Contribution Portion SERP Benefit ($) Total ($)Keith J.

  • The Group broadened tourism value chain to not only focus on hotels.

  • If a Participant becomes entitled to an Executive Benefit under this section 3.3 upon his or her Separation from Service, both the Net Executive Restoration Benefit and the Net Executive SERP Benefit shall commence as of the first day of the month next following the month in which the six-month anniversary of the Participant’s Separation from Service occurs.


More Definitions of SERP Benefit

SERP Benefit means SERP Benefit A and/or SERP Benefit B provided pursuant to Article 2.
SERP Benefit means the vested benefit payable under this Plan.
SERP Benefit means the benefit amount determined under the SERP and credited to a Participant under the Plan.
SERP Benefit means any benefit described in Article 2 of this Agreement that is payable to the Executive while the Executive is living.
SERP Benefit means the Participant’s RSSERP Benefit and/or Pension SERP Benefit, as applicable.
SERP Benefit see Section 6.2(a).
SERP Benefit means any benefit payable or paid to a Participant, a Spouse or Beneficiary(ies) under the terms and conditions of this Plan.