Neiman Marcus 2007 Annual Report Download - page 178

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THE NEIMAN MARCUS GROUP, INC.
DEFINED CONTRIBUTION
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
ARTICLE I
PURPOSE
The Neiman Marcus Group, Inc. (the "Company") adopted The Neiman Marcus Group, Inc. Defined Contribution
Supplemental Executive Retirement Plan (the "Plan"), effective as of the Effective Date (such term, together with all other capitalized
terms set forth in this Plan having the meanings set forth in ARTICLE II below), in recognition of the services provided by certain key
management employees or other highly compensated employees of the Company and its Affiliates. Subsequent to the adoption of the
Plan, but also effective as of the Effective Date, the Plan was amended and restated to resolve minor scrivener's errors and formatting
issues that were discovered following the adoption of the Plan.
The Plan is intended to provide Eligible Employees with the opportunity to receive deemed contributions from the
Company for a portion of their Compensation that exceeds the limit on compensation under Section 401(a)(17)(A) of the Code, as
adjusted pursuant to section 401(a)(17)(B) (the "Compensation Limitation"). The Company intends that the Plan shall at all times be
maintained on an unfunded basis for federal income tax purposes under the Code and administered as a non-qualified "top-hat" plan
exempt from the substantive requirements of ERISA. The Company also intends that the Plan be operated and maintained in
accordance with the requirements of Section 409A of the Code and the regulations and rulings thereunder.