Neiman Marcus 2005 Annual Report Download - page 185
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performance of services by any employee. The Company reserves the right to terminate this Plan at any time effective with respect to
any subsequent Plan Year, subject to Section 8.3, by an instrument in writing which has been executed by its duly authorized officer.
In the event the Plan is terminated, no further contributions or credits shall be made after the effective date of the Plan's termination
other than interest credits made pursuant to Section 5.2 and payments shall be made in accordance with the payment provisions of
Article 6; provided, however, that the Board of Directors of the Company may in its discretion terminate the Plan effective as of a date
prior to the first day of a subsequent Plan Year and provide for accelerated payments of all amounts credited to Accounts upon such a
termination of the Plan to the extent such termination and acceleration of payments satisfies the requirements of Code section 409A.
8.3 Existing Rights. No amendment or termination of the Plan shall adversely affect the rights of any Participant with
respect to amounts credited to his or her Account prior to the date of such amendment or termination.
ARTICLE 9. MISCELLANEOUS
9.1 No Funding; Source of Payments. Nothing in this Plan will be construed to create a trust or to obligate an
Employer or any other person to segregate a fund, purchase an insurance contract, or in any other way currently to fund the future
payment of any benefits hereunder, nor will anything herein be construed to give any employee or any other person rights to any
specific assets of an Employer or of any other person. Benefit payments to be made with respect to a Participant's Accounts shall be
paid in cash from the general assets of the Employer, and shall be the obligation solely of the Employer maintaining such Accounts.
9.2 Nonassignability; Domestic Relations Order. None of the benefits, payments, proceeds or claims of any Participant
or beneficiary shall be subject to any claim of any creditor
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