ALL » Topics » ARTICLE I. CERTAIN DEFINITIONS

These excerpts taken from the ALL 10-K filed Feb 27, 2008.

ARTICLE I.
CERTAIN DEFINITIONS

As used in this Agreement, the terms specified below shall have the following meanings:

1.1           “Accrued Annual Bonus” means the amount of any Annual Bonus earned and due to be paid but not yet paid to Executive as of the Executive’s Termination Date, other than amounts that Executive has elected to defer.


(2)                                  This text is to be used in Agreements originally entered into prior to November 13, 2007, and being amended and restated on or after this date.

 

(3)           This text is to be used in Agreements entered into on or after November 13, 2007.

(4)                                  This text is to be used in Agreements originally entered into prior to November 13, 2007, and being amended and restated on or after this date.

 



 

1.2             “Accrued Base Salary” means the amount of Executive’s Base Salary that is accrued but unpaid as of the Executive’s Termination Date, other than amounts that Executive has elected to defer.

1.3             “Accrued LTIP Bonus” means the amount of any LTIP Bonus earned and due to be paid but not yet paid to Executive as of the Executive’s Termination Date, other than amounts that Executive has elected to defer.

1.4             “Accrued Obligations” means, as of any date, the sum of Executive’s Accrued Base Salary, Accrued Annual Bonus, Accrued LTIP Bonus, any accrued but unpaid vacation pay, and any other amounts and benefits that are then due to be paid or provided to Executive by the Company (other than pursuant to Sections 2.4 or 4.1(b) or any defined benefit or defined contribution plan of the Company, whether or not qualified under Section 401(a) of the Code), but have not yet been paid or provided (as applicable).

ARTICLE I.

CERTAIN DEFINITIONS



As used in this Agreement, the terms specified below
shall have the following meanings:



1.1           “Accrued
Annual Bonus
” means the amount of any Annual Bonus earned and due to be
paid but not yet paid to Executive as of the Executive’s Termination Date,
other than amounts that Executive has elected to defer.






(2)                                  This text is to be used in Agreements
originally entered into prior to November 13, 2007, and being amended and
restated on or after this date.



 



(3)           This
text is to be used in Agreements entered into on or after November 13, 2007.



(4)                                  This text is to be used in Agreements
originally entered into prior to November 13, 2007, and being amended and
restated on or after this date.



 
















 



1.2             “Accrued Base Salary” means
the amount of Executive’s Base Salary that is accrued but unpaid as of the
Executive’s Termination Date, other than amounts that Executive has elected to
defer.



1.3             “Accrued LTIP Bonus” means
the amount of any LTIP Bonus earned and due to be paid but not yet paid to
Executive as of the Executive’s Termination Date, other than amounts that
Executive has elected to defer.



1.4             “Accrued Obligations” means,
as of any date, the sum of Executive’s Accrued Base Salary, Accrued Annual
Bonus, Accrued LTIP Bonus, any accrued but unpaid vacation pay, and any other
amounts and benefits that are then due to be paid or provided to Executive by
the Company (other than pursuant to Sections 2.4 or 4.1(b) or any defined
benefit or defined contribution plan of the Company, whether or not qualified
under Section 401(a) of the Code), but have not yet been paid or provided (as
applicable).



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2008

"ARTICLE I. CERTAIN DEFINITIONS" elsewhere:

Principal Financial Group (PFG)
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