Common use of Status of Payments Clause in Contracts

Status of Payments. Any contribution credit or benefit payable under this Agreement shall not be included for the purpose of computing benefits to which the Employee may be entitled under any pension plan or other arrangement of the Employer for the benefit of its employees.

Appears in 3 contracts

Sources: Supplemental Executive Retirement Plan Agreement (Tasty Baking Co), Supplemental Executive Retirement Plan Agreement (Tasty Baking Co), Employment Agreement (Tasty Baking Co)

Status of Payments. Any contribution credit or benefit payable under this Agreement shall not be included for the purpose of computing benefits to which the Employee may be entitled under any pension plan or other arrangement of the Employer for the benefit of its employees.

Appears in 1 contract

Sources: Supplemental Executive Retirement Plan Agreement (Tasty Baking Co)