Wolverine World Wide Supplemental Executive Retirement Plan Benefit Multiplier Adjustment for Executive Officers

Summary

This document from Wolverine World Wide, Inc. outlines an adjustment to the Supplemental Executive Retirement Plan for certain executive officers. Instead of the standard 1.6% benefit multiplier, specified executives will receive a higher percentage multiplier—either 2.4% or 2.0%—when calculating their retirement benefits. The named executives and their respective multipliers are listed. This adjustment increases the retirement benefits for these individuals under the Plan.

EX-10.18 4 wwwex1018_031506.htm WOLVERINE WORLD WIDE EXHIBIT 10.18 TO FORM 10-K Wolverine World Wide, Inc. - Exhibit 10.18 to Form 10-K - 03-15-06

EXHIBIT 10.18

         

          The following executive officers 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%

 

 

 

 

 

 

 

Stephen L. Gulis, Jr.

 

Nicholas P. Ottenwess

 

 

Blake W. Krueger

 

James D. Zwiers

 

 

Timothy J. O'Donovan