Earthlink 2014 Annual Report Download - page 140

Download and view the complete annual report

Please find page 140 of the 2014 Earthlink annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

PLAN YEAR:
Calendar year beginning on January 1 of each year and ending on the following December 31.
FISCAL YEAR FOR MAINTAINING PLAN RECORDS:
Calendar year beginning on January 1 of each year and ending on the following December 31.
TYPE OF WELFARE PLAN:
The Plan is a severance pay plan that provides benefits to certain Participants in the event of termination of their
employment due to certain specified reasons.
TYPE OF ADMINISTRATION OF THE PLAN:
The Committee administers the Plan as described in Section 9.
PROVISIONS FOR ELIGIBILITY REQUIREMENTS:
The Plan generally describes its eligibility requirements in Section 2.
DESCRIPTION OF PLAN BENEFITS:
The Plan generally describes conditions for payment of benefits and the amount of such benefits in Sections 3, 4
and 5.
SOURCES OF CONTRIBUTIONS TO THE PLAN AND FUNDING MEDIUM:
The general assets of the Company or the Affiliate that employs Participant shall fund the severance pay from the
Plan.
PROCEDURES FOR PRESENTING CLAIMS AND REDRESS OF DENIED CLAIMS:
Section 7 provides detailed instructions for filing a claim and redress of a denied claim.
AGENT FOR SERVICE OF PROCESS:
c/o EarthLink Shared Services, LLC
General Counsel
1375 Peachtree Street, Level A
Atlanta, Georgia 30309
(404) 748-6634
In addition to the agent listed above, service of process may be made upon the Company itself.
YOUR RIGHTS UNDER ERISA
The following statement is required by law to be included in this Summary Plan Description:
As a participant in the EarthLink Shared Services, LLC Change-in-
Control Accelerated Vesting and Severance
Plan (the “Plan”)
you are entitled to certain rights and protections under the Employee Retirement Income Security Act
of 1974, as amended (“ERISA”). ERISA provides that all Plan participants shall be entitled to:
Examine, without charge, at the Company’
s office and at other specified location, such as worksites, all
Plan documents and a copy of the latest Annual Report (Form 5500 series) filed by the Plan with the U.S.