SERP Participant definition

SERP Participant means an individual who has been designated as eligible to participate in the SERP. For purposes of this Plan, such individual is considered a SERP Participant whether or not he or she has satisfied the vesting requirements of the SERP.
SERP Participant means (i) each Eligible Employee holding the title of vice-president of the Company as of December 31, 2003 who accrued benefits under the Newell Operating Company Supplemental Retirement Plan for Key Executives and who timely elected, on a form provided by the Committee, to receive a credit to his SERP Cash Sub-Account under the Plan in lieu of all benefits to which he would otherwise be entitled under the Newell Operating Company Supplemental Retirement Plan for Key Executives, and (ii) each Eligible Employee holding the title of division president or above of the Company as of December 31, 2003.
SERP Participant means each Spinco Employee who, as of the date of this Agreement, participates in the Heinz SERP.

Examples of SERP Participant in a sentence

  • Effective as of and from January 1, 2000, unless otherwise provided by the Board, a “SERP” Employer Non-Elective Contribution shall be made on behalf of a Participant who is a SERP Participant in such amount, if any, as determined in writing by the Board at or prior to the time the contribution is made.

  • The rights of a SERP Participant to the payment of benefits as provided in the SERP may not be assigned, transferred, pledged or encumbered or be subject in any manner to alienation or anticipation.

  • Any claim for benefits under the SERP must be filed by the SERP Participant or Beneficiary ("claimant") in writing with the Committee or its delegate.

  • Nothing contained herein shall be construed as conferring upon a SERP Participant the right to continue in the employ of DST or any Affiliated Company in the Participant's current position or in any other capacity.

  • No SERP Participant may borrow against the Participant's interest in the SERP.


More Definitions of SERP Participant

SERP Participant means a key executive of the Company selected by the Committee to participate in the SERP.
SERP Participant means an individual who was a participant in the SERP immediately prior to the Merger Date.
SERP Participant means each of the Participants listed on Schedule E.
SERP Participant means, the Participant, Mr. Robert Speisman or Mr. Sheldon L. Ginsberg.
SERP Participant means an employee who first becomes a Participant in the Plan on or after the Effective Date and prior to such participation, the employee was a participant under the Nonqualified Plan.
SERP Participant means an officer who is designated as a participant in the AT&T Inc. 2005 Supplemental Employee Retirement Plan (the “AT&T SERP”). The initial day of participation in such plan is the named officer’s “SERP Effective Date” as defined in the AT&T SERP. For purposes of this Plan, such individual is considered a SERP Participant whether or not he or she has satisfied the vesting requirements of the SERP.
SERP Participant means an Employee or former Employee of the Company who meets all conditions of eligibility under Article III.