SERP. The Executive shall continue to participate in the COMSAT Insurance and Retirement Plan for Executives (the "SERP"). Any future amendments or changes to the SERP which provide for a reduction, deferral or elimination of benefits payable to participants in the SERP shall expressly not apply to the Executive unless the Executive consents otherwise.
Appears in 6 contracts
Sources: Employment Agreement (Comsat Corp), Employment Agreement (Comsat Corp), Employment Agreement (Comsat Corp)
SERP. The Executive shall continue to participate in the COMSAT ---- Insurance and Retirement Plan for Executives (the "SERP"). Any future amendments or changes to the SERP which provide for a reduction, deferral or elimination of benefits payable to participants in the SERP shall expressly not apply to the Executive unless the Executive consents otherwise.
Appears in 2 contracts
Sources: Employment Agreement (Comsat Corp), Employment Agreement (Comsat Corp)
SERP. The Executive shall continue to participate in the ---- COMSAT Insurance and Retirement Plan for Executives (the "SERP"). Any future amendments or changes to the SERP which provide for a reduction, deferral or elimination of benefits payable to participants in the SERP shall expressly not apply to the Executive unless the Executive consents otherwise.
Appears in 1 contract
Sources: Employment Agreement (Comsat Corp)