Schedule of Supplemental Executive Retirement Plan Agreements for Named Executive Officers (as of January 1, 2009)
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Summary
This document lists the maximum supplemental executive retirement plan (SERP) benefits payable at retirement to five named executive officers of the company as of January 1, 2009. Each executive is identified by name and title, with specified benefit amounts ranging from $125,000 to $250,000. The agreement outlines the retirement benefits these executives are entitled to receive, ensuring clarity on their future compensation upon retirement.
EX-10.4A 7 exh10-4a.htm SCHEDULE OF SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN exh10-4a.htm
Exhibit 10.4(a)
Schedule of Supplemental Executive Retirement Plan Agreements of Named Executive Officers dated as of January 1, 2009.
Name | Maximum SERP Benefit Payable at Retirement |
Laurence M. Downes, President and Chief Executive Officer | $250,000 |
Mariellen Dugan, Senior Vice President and General Counsel | $125,000 |
Kathleen T. Ellis, Senior Vice President, Corporate Affairs and Marketing | $125,000 |
Glenn C. Lockwood, Senior Vice President and Chief Financial Officer | $125,000 |
Joseph P. Shields, Executive Vice President and Chief Operating Officer, NJR Energy Services Company | $125,000 |