Neiman Marcus 2005 Annual Report Download - page 175
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5.2 Interest. As of the last day of each calendar month, the Committee shall credit each Participant's Account with
interest on the balance of such Account as of the last day of the preceding calendar month less any distributions or withdrawals made
during such calendar month, plus interest on any amounts credited to such Account during such calendar month from the date such
amounts were credited. In addition, payments under Article 6 shall include interest on the amount of such payment from the end of
the preceding calendar month (except that with respect to the portion of the payment attributable to an amount credited to the Account
after the end of the preceding calendar month, such portion of the payment shall include interest only from the later date as of which
the amount was credited to the Account). The interest to be credited pursuant to this Section shall be at an annual rate equal to the
average prime interest rate published in the Eastern Edition of The Wall Street Journal on the last business day of the preceding
calendar quarter (or, if two or more such rates are published, the average of such rates), increased by two percentage points.
5.3 Payments. Each Participant's Account shall be reduced by the amount of any payment made to or on behalf of the
Participant under the Plan as of the date such payment is made.
ARTICLE 6. PAYMENTS
6.1 Election of Time and Form of Payment .
(a) Each individual who is or will be an Eligible Employee as of January 1, 2006 and who makes an election
pursuant to Section 4.1(a) to commence making Elective Deferrals to the Plan effective as of January 1, 2006 shall, on or
before January 1, 2006 (or such earlier date as the Committee prescribe), elect the time and form of payment from among the
options set forth in this Section for the amounts credited to his
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