MOLX » Topics » Supplemental Executive Retirement Plan

This excerpt taken from the MOLX DEF 14A filed Sep 10, 2009.
Supplemental Executive Retirement Plan
 
The Molex Supplemental Executive Retirement Plan (the “SERP”) is a nonqualified defined contribution plan available to all participants in the Profit Sharing Plan who are affected by the IRS contribution limits. Additional information about the Profit-Sharing Plan and the SERP can be found under “Nonqualified Deferred Compensation.”
 
This excerpt taken from the MOLX DEF 14A filed Sep 12, 2008.
Supplemental Executive Retirement Plan
 
The Molex Supplemental Executive Retirement Plan is a non-qualified defined contribution plan available to all participants in the Profit Sharing Plan who are affected by the IRS contribution limit. Additional information about this plan can be found under “Executive Compensation.”
 
This excerpt taken from the MOLX DEF 14A filed Sep 10, 2007.

Supplemental Executive Retirement Plan

The Molex Supplemental Executive Retirement Plan is a combined non-qualified defined contribution and deferred compensation plan available to all participants in the Profit Sharing Plan who are affected by the IRS contribution limit. Additional information about this plan can be found under “Executive Compensation”.

Executive Perquisites

We provide certain perquisites to our executive officers; we are selective in our use of perquisites, utilizing perquisites of which the value is generally modest. These perquisites may include car allowances, leased automobiles, financial planning and counseling, executive physical medical examinations and other customary executive perquisites. The Compensation Committee has adopted a perquisite pre-approval policy. Under this policy, certain perquisites and maximum amounts for such perquisites have been pre-approved by the Compensation Committee. The Compensation Committee has delegated authority to the CEO to approve such perquisites for other executive officers. The Compensation Committee must separately approve any perquisites not specifically included in the policy or amounts that exceed the maximum amounts.

 

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