Common use of Additional Service Credit Clause in Contracts

Additional Service Credit. For purposes of determining the SERP Percentage under Section 4(b)(i)(B) above, it will be assumed that you remained employed by the Company continuously from the date of your termination of employment on account of Disability up to and including the Expiration Date.

Appears in 1 contract

Sources: Employment Agreement (Alliant Techsystems Inc)

Additional Service Credit. For purposes of determining the your SERP Percentage under Section 4(b)(i)(B) above, it will be assumed that you remained employed by the Company continuously from the date of your termination of employment on account of Disability death up to and including the Expiration Date.

Appears in 1 contract

Sources: Employment Agreement (Alliant Techsystems Inc)