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This excerpt taken from the HAS DEF 14A filed Apr 6, 2009. Supplemental
Plan (401(k))
Each of the named executive officers participated in the
Supplemental Plan. All registrant contributions reflected in the
preceding table were allocated to the Supplemental Plan.
Elective deferrals are not permitted under the Supplemental
Plan. Investment earnings were credited to the individual
account based on the yield on ten-year
treasuries for the period January 1, 2008 through
March 31, 2008. Beginning April 1, 2008, account
balances receive interest at the rate of 7% per year. This rate
reflects the 2008 return, less an allowance for certain
expenses, paid by the insurance company providing this corporate
owned life insurance product to Hasbro. Matching contributions
are fully vested at all times while the annual Company and
transition contributions are subject to a
3-year
vesting requirement, however remaining benefits are subject to
forfeiture for violations of non-competition or confidentiality
obligations or for termination due to certain criminal acts
involving Company property. Benefits under the Supplemental Plan
are payable as a lump sum upon termination of employment
(including retirement and death), subject to a six-month waiting
period under Code Section 409A, as applicable.
As is noted in the description of Pension Plans set forth in the
preceding pages, effective January 1, 2008, this plan was
expanded to include new program employer contributions in excess
of IRS limits.
This excerpt taken from the HAS DEF 14A filed Apr 8, 2008. Supplemental
Plan (401(k))
Each of the named executive officers participated in the
Supplemental Plan. All registrant contributions reflected in the
preceding table were allocated to the Supplemental Plan.
Elective deferrals are not permitted under the Supplemental
Plan. Investment earnings are credited to the individual account
based on the return on ten-year treasury bills. Contributions
are fully vested at all times, however remaining benefits are
subject to forfeiture for violations of non-competition or
confidentiality obligations or for termination due to certain
criminal acts involving Company property. Benefits under the
Supplemental Plan are payable as a lump sum upon termination of
employment (including retirement and death), subject to a
six-month waiting period under Code Section 409A, as
applicable.
As is noted in the description of Pension Plans set forth in the
preceding pages, effective January 1, 2008, this plan was
expanded to include new program employer contributions in excess
of IRS limits.
This excerpt taken from the HAS DEF 14A filed Apr 16, 2007. Supplemental
Plan (401(k))
Each of the named executive officers, except Simon Gardner,
participates in the Supplemental Plan. All registrant
contributions reflected in the preceding table were allocated to
the Supplemental Plan. Elective deferrals are not permitted
under the Supplemental Plan. Investment earnings are credited to
the individual account based on the return on one-year treasury
bills. Contributions are fully vested at all times, however
remaining benefits are subject to forfeiture for violations of
non-competition or confidentiality obligations or for
termination due to certain criminal acts involving Company
property. Benefits under the Supplemental Plan are payable as a
lump sum upon termination of employment (including retirement
and death), subject to a six-month waiting period under Code
Section 409A, as applicable.
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