ComEd 2015 Annual Report Download - page 503

(ii) Deferred Compensation and Non-Qualified Defined Contribution Plans. All amounts previously deferred by, or accrued to the
benefit of, such Participant under the Exelon Corporation Deferred Compensation Plan, the Exelon Corporation Stock Deferral
Plan or the Constellation Energy Group Inc. Deferred Compensation Plan, any successor plan, or under any other non-qualified
defined contribution or deferred compensation plan of the Company, whether vested or non-vested, together with any accrued
earnings thereon, to the extent that such amounts and earnings have not been previously paid by the Company and are not
provided under the terms of any such non-qualified plan;
(iii) SERP Enhancement. An amount payable under the SERP equal to the positive difference, if any, between:
(1) the lump sum value of such Participant’s benefit, if any, under the SERP, calculated as if such Participant had:
(a) become fully vested in all Pension Plan and SERP benefits,
(b) to the extent age is relevant under the Pension Plan covering the Participant, attained as of the Termination Date an
age that is two years greater than such Participant’s actual age and that includes the number of years of age credited
to such Participant pursuant to any other agreement between the Company and such Participant,
(c) to the extent service is relevant under the Pension Plan covering the Participant, accrued a number of years of service
(for purposes of determining the amount of such benefits, entitlement to - but not commencement of - early
retirement benefits, and all other purposes of the Pension Plan and SERP) that is two years greater than the number of
years of service actually accrued by such Participant as of the Termination Date and that includes the number of
years of service credited to such Participant pursuant to any other agreement between the Company and such
Participant, and
(d) received the severance benefits specified in Sections 5.1(a)(i) and 5.1(a)(v) as covered compensation in regular
installments during the Severance Period, minus
(2) the aggregate amounts paid or payable to such Participant under the SERP;
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Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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