Neiman Marcus 2005 Annual Report Download - page 169
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2.13 "Eligible Employee" means each employee of an Employer who, on the Effective Date or the first day of any
month thereafter,
(a) has completed at least one Year of Service, or such shorter period of service as may be specified by the
Chief Executive Officer of The Neiman Marcus Group, Inc. in such officer's sole discretion;
(b) had in effect on August 1 of the preceding calendar year (or, if later, on the employee's date of hire) an
annual rate of Base Pay of at least $300,000; and
(c) has been designated by the Committee as eligible to participate in the Plan.
An Eligible Employee shall remain an Eligible Employee notwithstanding any reduction in his or her annual rate of Base Pay below
the applicable minimum under (b) above; provided, however, that the Committee in its discretion may withdraw an employee's
designation under (d) above as an Eligible Employee at any time and for any reason effective with respect to any subsequent Plan
Year.
2.14 "Employer" means the Company and any Affiliate that adopts the Plan with the consent of the Company as
provided in Section 9.8.
2.15 "ERISA" means the Employee Retirement Income Security Act of 1974, as amended from time to time. Reference
to any section or subsection of ERISA includes reference to any comparable or succeeding provisions of any legislation which
amends, supplements or replaces such section or subsection.
2.16 "Matching Deferral" means a deferral made for the benefit of a Participant under Section 4.2.
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