DuPont 2011 Annual Report Download - page 100

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the day after he retires under the Company's Pension and Retirement Plan and ending on the last day of the month in which he dies.
B. If the monthly supplemental retirement income is or becomes less than or equal to the minimum monthly payment
amount fixed by the Board of Benefits and Pensions, the actuarial equivalent of all such remaining monthly payments
shall be paid in a lump sum.
C. An eligible employee may irrevocably elect under rules prescribed by the Board of Benefits and Pensions to receive
the actuarial equivalent of all or part of the monthly supplemental retirement income in a lump sum.
D. Except as otherwise provided, benefits under this Plan are determined based on the Plan in effect at the time of
retirement.
V. DEFINITIONS AND GENERAL CONDITIONS
A. Definitions
1. All terms used in this Plan which are defined in the Company's Pension and Retirement Plan will have the
same meaning for purposes of this Plan except as expressly provided herein.
2. (a) The term "Average Total Monthly Pay" means the higher of
(i) total pay for the thirty-six consecutive calendar months for which the employee's pay is the highest, divided by 36; or
(ii) average pay per month based on total pay over a number of calendar years, and a fraction of total pay for a calendar year if necessary,
sufficient to obtain an aggregate amount of service equivalent to three full years. Such calendar years shall be selected beginning with
the calendar year in which average pay per month was the highest and taking in turn calendar years of successively lower average pay
per month. A fraction of total pay for a calendar year shall be by multiplying average pay per month for that year by the number of
months needed to yield an aggregate amount of service equivalent to three full years.
Only pay for the 120 calendar months up to and including the calendar month in which the employee retires under the Company's
Pens1on Plan will be taken into account in computing Average Total Monthly Pay.
(b) The term "pay" includes variable pay and awards under the Variable
Compensation Plan, the Incentive Compensation Plan and former
4