Emerson Electric Co. Supplemental Executive Retirement Plan (SERP) Change of Control Benefit Election Form

Contract Categories: Human Resources › Retirement Agreements
Summary

This document allows participants in the Emerson Electric Co. Supplemental Executive Retirement Plan (SERP) to choose how they wish to receive their retirement benefits in the event of a Change of Control. Participants can elect to receive a lump sum payment either immediately upon the Change of Control or after their employment ends, or they may opt for a lifetime benefit with guaranteed monthly payments. The form requires the participant's signature and date to confirm their selection.

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EX-10.9 11 exh10-9.htm SERP AGREEMENT Emerson Electric Co. Exhibit 10.9 to Form 8K

Exhibit 10.9




EMERSON SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP)

                     In the event of a Change of Control (as defined in the SERP), I hereby elect to receive any benefit due under Section VI of the SERP:

I. [   ] Upon the Change of Control in a lump sum distribution; or

II. [   ] Upon a termination of employment occurring after a Change of Control, in the form of:

    (a) [   ] a lump sum distribution; or

    (b) [   ] a benefit in the form provided under Section IV of the SERP.*




 
Date   Signature of Participant










_________________

*   Section IV of the SERP provides for a lifetime benefit with sixty monthly payments guaranteed, or such other form determined by the Committee.