FUN » Topics » Company Credits To Accounts

This excerpt taken from the FUN 10-K filed Feb 29, 2008.

Company Credits To Accounts

 

5.1 Credits. Company credits, if any, to a Participant’s Account may occur once a Participant has begun participation in accordance with Section 3.2. Company credits to Accounts shall be made on the basis of base salary, as recommended by the Chairman of the Board and approved by the Committee and the full Board.

 

5.2 Credits for 2008. Company credits, if any, to Accounts for the 2008 Plan Year shall be prorated based upon that portion of each Participant’s total base salary multiplied by the ratio of the number of days remaining in calendar year 2008 as of the Effective Date over the total number of days in 2008.

 

5.3 Dollar Limitations on Credits. No more than (U.S.) One Hundred Thousand Dollars (U.S. $100,000) shall be credited to any one Participant’s Account in any one Plan Year, and no more than (U.S.) Two Hundred Fifty Thousand Dollars (U.S. $250,000) shall be credited to all Participant Accounts in any one Plan Year. Finally, no more than (U.S.) Three Million Three Hundred Fifty Thousand Dollars (U.S. $3,350,000) shall be credited to all Accounts under the Plan over the next seventeen (17) Plan Years. For the avoidance of doubt, the foregoing dollar limitations shall relate to the Company’s credits to Participants’ Accounts and shall not relate to or limit interest credits on such Company credits pursuant to Article VI hereof.
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