Amount of Deferral. An Eligible Employee may elect to defer, in whole percentages: 1% to 15% of his base pay (net of salary deferral contributions to a cash or deferred arrangement under section 401(k) of the Code) per pay period; and 1% to 100% of his annual management incentive pay that would otherwise become payable during the Plan Year to which his Deferred Compensation Agreement relates.
Appears in 2 contracts
Sources: Supplemental Executive Retirement Plan (Coventry Health Care Inc), Supplemental Executive Retirement Plan (Coventry Health Care Inc)