Supplemental Executive Retirement Plan Benefit Multiplier Schedule for Designated Executives

Summary

This document lists specific executives who are entitled to a higher benefit multiplier under the company's Supplemental Executive Retirement Plan. Instead of the standard 1.6% multiplier, certain individuals will receive either a 2.4% or 2.0% multiplier applied to their final average monthly pay when calculating retirement benefits. The named individuals and their respective multipliers are specified, providing them with enhanced retirement benefits compared to the standard plan terms.

EX-10.17 7 wwwex1017_0303.htm WWW Exhibit 10.17 to Form 10-K 2003

Exhibit 10.17


          The following persons have a percentage benefit multiplier under the Supplemental Executive Retirement Plan (the "Plan") of 2.4% or 2.0%, as indicated below, in lieu of the 1.6% of final average monthly remuneration benefit multiplier described in the Plan:

 

2.4%

2.0%

 

 

 

 

 

 

Steven M. Duffy

Owen S. Baxter

 

 

V. Dean Estes

William J.B. Brown

 

 

Stephen L. Gulis, Jr.

Arthur G. Croci

 

 

Blake W. Krueger

Richard C. DeBlasio

 

 

Timothy J. O'Donovan

Gary Fountain

 

 

Robert J. Sedrowski

Ted Gedra

 

 

 

Blaine C. Jungers

 

 

 

Jacques Lavertue

 

 

 

Thomas P. Mundt

 

 

 

Nicholas P. Ottenwess

 

 

 

A. T. Payne

 

 

 

James Weston

 

 

 

Spencer E. Zimmerman