1989.06.05 RESO 1989-0013 - Laserfiche WebLink

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("EMPLOYER') DEFERRED COMPENSATION PLAN MTKU L IN l HODNCTtON The Employer fwebY aa�fid+sc the Emrrploysr>< Oebrrod Oompemeaoon Plan, hsnimoft inbred b a the'PW►.' The Plan awairas of ft prowisore sat ioM In this document. The prinwY purpose of this Plan is b provide WAsm omd inrca and cow dmed bere0 b the Employees elthe Employer in aoemid- ros wNh the pro- visions of sector► 457 of the bdr Ramwe Code of 1W m amended. ?tis Plan snit be an apraarerM solely baw m the Employer and pwbeipm- MTICU L OERMSTIONS Sof tion 2.01 Account: The boordeapinp aocaxt mambired fair each Par- ti VM mbc*g ft axmwAative amount of the P+a elpemtf< Defamed Cam Pte. Dnp wWimmv Wer. losses. or irronaas or deaeaee in aerbt vaww aaribubWa b @e Empfoyarlt iwmatmers of Me ParoeipaM's DelemdCampenesoon,anclUter al mlinpmVdatribuWmbfhePama 0m a Me Ps rbdp*r b Bereliaary and any ba err ar;erea chin apaefst «xh Conpwmft►• Section 2.02 Admk*dn t r. The parson or psmsars maned baury out ara fain nondiecra nary a&nm*Mw tunolions under the ft% as aninMer daabad The Employe' may remove any person ere Admiriwam upon 00 days advamw:e rr0ooe in wife b such parson, in which came Me Employer 00 reme angor person or p omms to act am Admirietratoc The Admimrw felon may m@W upon 00 days advance notice in wd" to ft bgft at in which sae ft Employer 00 mwm ancow person or persona b act a: #&"* tw 9-etto 12.00 SonaMetary: The pumice wpm em - dn+pread by efe Pea liciparrt in his doirder Agreement who sat noaivs am :-^s-s payable term under in the owerrt of the Paraoipw t death. Sectbn 2A4 Deigned Compenaatbn: TMamount d Nome! Covers* lion aftwin p%vbb loft Par Boom which fo ParadpamM and fo Employer wwmuahiy arae b deter tenurdar any arrant redhead b a Paaap ft Acoorxt by anon d a uareler under Sed'an6ft wow alar armaA which the Employer apfeam b G" b a Petiapef tt A000i.~ Section 2.06 En*Myee: Any inchi" whe provide servrca for the Onptoya; vAwf w am anampfoyea dfhe Emp4w a aman iedeperfde r a aim tractor ani who ha bamn dsWa ad by ft Employer as eNpb e b pmia- pels in 1lta Pbn. clion 2A boludbleCowtperration:Its, mofxMdanEmpbysascm. )enation frau the Employer ben a tax" yaer 00 is mmibueble b eemvioss �wtormrsd b►toEmployam andtMt isindud�bleintha Employeeliproairrcomre x Me tawbte veer br federal imroorne tax pxpoaee; eud+tenn does rat itrcAmmk any amount afe,Nmdable ahem grove inaomwt under this Manor any other pbn daacribed in section 457(b) dto kMerrrM Raemwa Codt any amcum a cW ebb tam pros iraomre order racoon 403(W d the IrMerrral Ruverwre Cods a any other amcumM aeadudable iron pros incofrre br fedefal income tax pus pore htdudbfe Comperamw acct be dMernrnred wi&W mpsrd fa any QWM% *Y prop" laws. APPENDIX A Section 2.07 Jokdat ABreeme t: An aprawnant embed No ttetvms - an brocya and t e &npkM ftk4% wV amandmantt or rrrommetiore •wed. oh opemwt she l be Me sm A d Osbmnd Ca pe -on: qm*j OF ISO as amrarp the Mveeareet Mwnativam dwipnaMd by Me Empbm tlsapr+ale ft EmptoyeatN Bamaliciery or 8ensfiebrie& and inoompomab the forme, oorrAn, and provisars d Me Plan by abnrfoe Seetiott 2.Oi NommN Compewaation: TM amount doompenmem which world be pow" b a Partidpant by the Employs for a famMe veer N no Joinder Aprasment wen in ~ b do* compertsatim under this Pbm Section 2A0 Notmd fleNna ment ABe: Ape 74 umMas the Pamic"m has ruched an aNemtle Normal Reanment Ape by wobe imulnxnent dewvend b the Admtridmatom prior b Separation iron Service A Plamiagams Nomnal Rstinment Ape dstanrA se W the blest time when humulus may ewwrrenoe ender Mie Ppm 60few Me Paracipmt conli w a employment Mur Not. Rstirammnt Ape). and (b) the period during which a Particw t may uMn the aldt up if *war of Sagan SW homumda Once a Flaft pant ha b any aafterM uttixed the celcfaup min ftm of Section 502. hie Nomad Ra "mwt Ape may not be dented. A Pamope t aNemea Normal Rwwro ret Ape may not be eafW then to Orli et date tat the Participant wiN became etipble b Mn and weave uneduoed eaarent lweIs underta Employe); bast nanrrwo pbn om er- imp the Paraapmt and mey not be ber Bar Me date to Paticipmt aftre ape 70; M a Pattioiperrt conanws amployrnmt af* afeirft ape 70. not hew tap pavfously abded an atumite Normal RAW~ Apt go Pancor t s @Aamre I a Nomel RetinmerM Ape sect not be bbr then to mandowy rairm went apt N any, afabNehed by the Emp cM or tle ape M which Me Per- thdperM aduaNy sspaaus aom service Nfo Employer hanorromidawymow went ape N Me PatiaperM wig rid termer aN&Ae b no" benefits under a bale eoemert pbn trammod by tie Enployet Me Pamc pa is Menke Nonnat Refi im% Ape may not ba Bawer tan anairwnw+t d ape 55 and may not be bbr then the armiment of ape 74 Section 2.10 Partidpm* ft Ennptoyae who ha joined the Men puauamt to the nequiramerru of Amada IV. lectiolt 2.11 Man Sar. We pollrde vera Section 2.12 Hoo nnent: The fro deft upon Mid r both of the to" 04 ave corned wNh respect b a Paioapat: Seperaaom► prom Service and aNainrent of ape 05 Section 2.12 Sopention km Servlom. Saverarae d to Pafo oma employment wNh Me Employer which coramum a laparaoon atm wrote wN 60140r* of reunion 402 (a) 4 (A) (q d to Mlem el Reverwre Code In general. a Paraapmt duct be da- b he" raced hie ampbyfment wNhfheEepbyerfapumpoen ftPbnwfwtina000fdaroewlthftosI b We pedioae d to Emrrployer fhe ampiaprerrt aWkw*Np b oww doW b have aduaNy lemmina led. In the came of a Pemaapant who it an irrdepem art owaamior of Me £mnpt w Separation from Service 00 be doffed b ave ocaxfed when Me Panicipert>z oorMra l under which service an per- tomrmmad hes compleWy expired and wninaled. thea is no tomaeeable p00- elWity ftl ft Empbyyw wiN marew the artmad or as m ko a rew on 1 11 for the Paraapertt lfervim amid N is not amtieipaaad the the Pamoapaet wit IN ma a an Empbyae of the Employee