SERP Amendment

SERP Amendment. Part (d) of the term "Normal Retirement Benefit" (as defined in the SERP) is hereby amended as it pertains to the Executive, effective as provided above, to provide as follows: (d) The monthly benefit payable under any qualified or nonqualified defined benefit plan of the Employers (other than the SERP), assuming the Participant received such benefit in the form of a single life annuity, reduced for early retirement using the applicable early... retirement reduction factors in effect under any such qualified or nonqualified defined benefit plan on the date of the computation of such benefit, commencing on the date benefits are paid under this Plan or Paragraph 7 of the Supplemental Agreement between the Company and the Participant, whichever occurs first. View More