Description of Supplemental Retirement Agreement with Louis C. Camilleri

Summary

This agreement entitles Louis C. Camilleri to receive a Supplemental Retirement Allowance based on the formula used in the company's Retirement Plan for Salaried Employees, considering his service since September 4, 1978. The benefit is provided under the Supplemental Management Employees’ Retirement Plan and will be reduced by any amounts he receives from the company’s other qualified and nonqualified U.S. retirement plans.

EX-10.30 2 y06457exv10w30.htm EX-10.30-DESCRIPTION OF AGREEMENT WITH LOUIS C. CAMILLERI EX-10.30:  

Exhibit 10.30

DESCRIPTION OF AGREEMENT WITH LOUIS C. CAMILLERI

     Mr. Camilleri is entitled to receive a Supplemental Retirement Allowance in an amount determined by using the formula under the Retirement Plan for Salaried Employees and his total years of service from September 4, 1978. This benefit is payable under the Supplemental Management Employees’ Retirement Plan and is offset by any benefits payable under the Company’s other qualified and nonqualified U.S. Retirement Plans.