Excess Premium

Excess Premium. The difference between (a) minus (b) where (a) is the amount charged by the Company Approved Annuity Provider for the Post Tax Supplemental Retirement Income Annuity for Key Employee and (b) is an amount equal to the Supplemental Retirement Income Lump Sum, a Deferred Vested Supplemental Retirement Income Lump Sum, a PRSB Supplemental Lump Sum, or the Deferred Vested PRSB Supplemental Lump Sum, whichever is applicable to Key Employee multiplied by one minus the Post Retirement Tax Rate.