Full Benefit

Full Benefit. For each Eligible Officer under the Plan, the difference between (a) the amount reflected in Schedule A hereto as the "Projected Benefit" payable to such Eligible Officer at age 65, minus (b) the Net Projected Cash Surrender Value (updated no less often than annually) at age 65 of the Policy or Policies insuring the life of such Eligible Officer, and minus (c) the amount of any outstanding loan against the Policy or Policies insuring the life of such Eligible Officer