Common use of Form of Benefit Clause in Contracts

Form of Benefit. The Participant’s Retirement Benefit shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s Retirement Benefit.

Appears in 3 contracts

Sources: Senior Executive Retirement Agreement (Crown Holdings Inc), Senior Executive Retirement Agreement (Crown Holdings Inc), Senior Executive Retirement Agreement (Crown Holdings Inc)

Form of Benefit. The Participant’s Retirement Benefit Benefits shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s Retirement Benefit.’s

Appears in 2 contracts

Sources: Senior Executive Retirement Agreement (Crown Holdings Inc), Senior Executive Retirement Agreement (Crown Holdings Inc)

Form of Benefit. The Participant’s Retirement Benefit Benefits shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s his Retirement BenefitBenefits.

Appears in 2 contracts

Sources: Senior Executive Retirement Agreement (Crown Holdings Inc), Senior Executive Retirement Agreement (Crown Holdings Inc)

Form of Benefit. The Participant’s 's Retirement Benefit shall be paid in the form of a cash lump sum. This lump sum payment shall equal the Actuarial Equivalent present value of the Participant’s 's Retirement Benefit.

Appears in 1 contract

Sources: Senior Executive Retirement Agreement (Crown Holdings Inc)