Neiman Marcus 2009 Annual Report Download - page 476

Compensation Limitation in 2010 to be referred to as "2010 Excess Compensation") minus any such 2010 Excess
Compensation paid prior to August 1, 2010, and
(2) ten and one-half percent (10.5%).
(b) Transitional Defined Contributions.
(1) In addition to amounts credited to Eligible Employees under Section 4-1(a) above, effective as of
the Effective Date, the Company shall periodically make Transitional Defined Contributions during the Plan Year
on behalf of each Eligible Employee who:
(A) was eligible under the DB SERP as of December 31, 2007 but ceased to be eligible to
actively participate in the DB SERP prior to July 31, 2010, and
(B) has neither attained, nor will attain, age sixty-six (66) during the Plan Year to which the
Transitional Defined Contribution would otherwise relate if credited to such Eligible Employee's Defined
Contribution Account.
(2) The aggregate amount of such Transitional Defined Contributions for the Plan Year for each
Eligible Employee who has satisfied the eligibility criteria reflected in Section 4-1(b)(1) above, shall be equal to the
product of:
(A) that portion of such Eligible Employee's Eligible Compensation for the Plan Year that
exceeds the Compensation Limitation, and
(B) the applicable percentage that corresponds with the highest age attained by the Eligible
Participant during the Plan Year to which the Transitional Defined Contribution relates, according to the
schedule set forth below:
Eligible Employee's
Highest Age During Applicable Percentage of
Applicable Plan Year Eligible Compensation
30-39 3%
40-49 4%
50-59 5%
60-65 6%
66 and Older 0%
(3) In addition to the Transitional Defined Contributions made pursuant to the preceding provisions
of this Section 4-1(b), effective as of August 1, 2010, the Company shall periodically make Transitional Defined
Contributions during the Plan Year on behalf of each Eligible Employee who:
2