Total Indirect Compensation

Total Indirect Compensation. Means the sum of (i) the benefits described in (A) or (B) herein, whichever is larger and (ii) the Employer Contribution, reimbursement or payment which would have been made for the calendar year of termination to fund the Benefits described on Exhibit B. Each qualified and non-qualified plan and program taken into account under (A) or (B) herein and ... enumerated under Schedule B shall be determined separately. 19 (A) is the sum of the highest benefits accrued, contributions paid or an equivalent value attributable thereof during the three (3) 12-month periods preceding the Date of Termination, and (B) is an amount that, in the event the plan or program specifies a contribution amount, percentage, grant or vesting schedule, equals such contribution or percentage, determined as if Executive had continued in employment for the period specified in Section 4(e)(ii) or Section 5(f)(ii)(B), as applicable, and using Total Direct Compensation as the base to which such contribution or percentage shall be applied. View More