GNC 2011 Annual Report Download - page 180

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DEFERRED COMPENSATION PLAN
FOR
General Nutrition Centers, Inc.
General Nutrition Centers, Inc., a Delaware corporation (the "Company"), hereby establishes this Deferred
Compensation Plan (the "Plan"), effective 1/1/09 (the "Effective Date"), for the purpose of attracting high quality executives and
promoting in them increased efficiency and an interest in the successful operation of the Company. The Plan is intended to, and shall
be interpreted to comply in all respects with Code Section 409A and those provisions of ERISA applicable to an unfunded plan
maintained primarily to provide deferred compensation benefits for a select group of "management or highly compensated
employees."
ARTICLE I
TITLE AND DEFINITIONS
1.1 "Account" or "Accounts" shall mean the bookkeeping account or accounts established under this Plan pursuant to
Article 4.
1.2 "Base Salary" shall mean a Participant's annual base salary, excluding incentive and discretionary bonuses,
commissions, stock options, restricted stock, equity awards, reimbursements and other non-regular remuneration, received from the
Company prior to reduction for any salary deferrals under benefit plans sponsored by the Company, including but not limited to, plans
established pursuant to Code Section 125 or qualified pursuant to Code Section 401(k).
1.3 "Beneficiary" or "Beneficiaries" shall mean the person, persons or entity designated as such pursuant to Section 7.1.
1.4 "Board" shall mean the Board of Directors of Company.
1.5 "Bonus (es)" shall mean amounts paid to the Participant by the Company annually in the form of discretionary or
incentive compensation or any other bonus designated by the Committee before reductions for contributions to or deferrals under any
pension, deferred compensation or benefit plans sponsored by the Company.
1.6 "Code" shall mean the Internal Revenue Code of 1986, as amended, as interpreted by Treasury regulations and
applicable authorities promulgated thereunder.
1.7 "Committee" shall mean the person or persons appointed by the Board to administer the Plan in accordance with
Article 8.
1.8 "Commissions" shall mean commissions payable to the Participant for the applicable Plan Year (as determined by the
Committee in compliance with Section 409A) before reductions for contributions to or deferrals under any pension, deferred
compensation or benefit plans sponsored by the Company.