This excerpt taken from the FLR DEF 14A filed Mar 7, 2007.
The Supplemental Benefit Plan is provided to the following named executive officers: the Chairman and Chief Executive Officer, the Chief Financial Officer and the Chief Legal Officer. The Supplemental Benefit Plan provides a pre-retirement death benefit through a split dollar life insurance policy. Upon retirement, the participant has a choice of a post-retirement death benefit, a lump sum cash payment or
base salary continuation payments for 120 months. In addition, any time prior to retirement, the participant has the option of irrevocably opting out of the Supplemental Benefit Plan and instead receiving a benefit under a Joint and Survivor Split Dollar Life Insurance Plan.