Vested Benefit

1.53 - Vested Benefit means in respect of a Participant's Termination of Employment, prior to eligibility for an Early Retirement Benefit or Normal Retirement Benefit, and provided such Participant's Vested Percentage is 100%, an annual pension for life only in the amount of the Participant's Accrued Benefit plus lump sum Additional Benefit, if applicable.

In the event a Termination of Employment occurs in respect of a Participant who has not withdrawn or cashed out the Contribution Account prior to his or her Normal Retirement Date, but who has a Vested Percentage of "none", such Participant shall not be entitled to a Vested Benefit under the Plan.