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THE PMI GROUP, INC. SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN

Employee Benefits Plan Agreement

THE PMI GROUP, INC. 

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PMI GROUP INC

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Title: THE PMI GROUP, INC. SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN
Governing Law: California     Date: 9/26/2006
Industry: INSPPY     Sector: FINANC

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Supplemental Employee Retirement Plan

EXHIBIT 10.1

THE PMI GROUP, INC.

SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN

EFFECTIVE APRIL 1, 1995

(Amended and Restated as of September 20, 2006)


TABLE OF CONTENTS

 

 

 

 

 

 

 

  

 

  

Page

ARTICLE I DEFINITIONS

  

1

 

 

 

1.01

  

“Affiliate”

  

1

1.02

  

“Committee”

  

1

1.03

  

“Company”

  

1

1.04

  

“Covered Compensation”

  

1

1.05

  

“Disability” or “Disabled”

  

1

1.06

  

“Employer”

  

1

1.07

  

“Final Average Compensation”

  

1

1.08

  

“Participant”

  

1

1.09

  

“Plan”

  

1

1.10

  

“Retirement Plan Benefits”

  

1

1.11

  

“Retirement Plan”

  

1

1.12

  

“Retired Participant”

  

2

1.13

  

“Separation from Service”

  

2

1.14

  

“Specified Participant”

  

2

1.15

  

“Spouse”

  

2

1.16

  

“Trust”

  

2

1.17

  

“Year of Benefit Accrual Service”

  

2

 

 

ARTICLE II INTRODUCTION

  

2

 

 

 

2.01

  

Purpose

  

2

2.02

  

Administration

  

2

 

 

ARTICLE III ELIGIBILITY AND AMOUNT OF BENEFITS

  

3

 

 

 

3.01

  

Eligibility

  

3

3.02

  

Amount of Benefit

  

3

3.03

  

Preretirement Surviving Spouse Benefit

  

3

3.04

  

Death Benefits After Retirement

  

3

 

 

ARTICLE IV PAYMENT OF BENEFITS

  

3

 

 

 

4.01

  

Payment of Benefits

  

3

4.02

  

Benefit Payment Election

  

3

4.03

  

Delay of Payment to a Specified Participant

  

4

4.04

  

Retirement Plan Termination

  

4

4.05

  

Retirement Plan Benefits

  

4

4.06

  

Facility of Payment

  

4

4.07

  

Review of Benefit Determinations

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