EYE » Topics » DISABILITY

This excerpt taken from the EYE 10-K filed Mar 2, 2005.

DISABILITY

 

9.1 Continuation of Participation. If a Participant suffers a Disability, the Participant shall be deemed not to incur a Termination of Employment if, and only as long as, he or she continues on the payroll of the Company for Base Salary or Bonuses. In such event, the Participant may continue participation in the Plan on the same basis as other Participants, provided that payments to the Participant made under programs of the Company for Short-Term Disability, Long-Term Disability, or sick pay may not be treated as Base Salary or Bonuses for purposes of a Deferral Election.

 

9.2 Availability of Financial Hardship Withdrawals. Consistent with Section 9.1, in determining the availability of a withdrawal on account of Financial Hardship, a Participant who suffers a Disability shall not be deemed to incur a Termination of Employment until the time that he or she ceases to receive Base Salary or Bonuses on the payroll of the Company.

 

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