Transitional Contributions

Example Definitions of "Transitional Contributions"
Transitional Contributions. Means a credit to an Eligible Employee's Account for such percentage of the Eligible Employee's Compensation (or for such dollar amount) as the Committee shall 5 determine at the time it selects such Eligible Employee to receive a Transitional Benefit to compensate such Eligible Employee for all or a portion of his or her Shortfall Amount, using the same assumptions regarding rate of return and compensation increases used to compute such individual's Projected Company Benefit.... Unless otherwise specified by the Committee at any time, Transitional Contributions shall only continue during an Eligible Employee's employment with the Company and/or a Subsidiary and shall be subject to such terms and conditions that the Committee shall impose. View More Arrow
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