Commencement of Benefits. Subject to [Sections 4.02] [(a) through (f)], supplemental retirement benefits shall be paid or commence to be paid to an eligible Participant as of the first day of the month following Termination of Employment and if applicable terminating with the month in which the death of such Participant occurs; provided, however, that supplemental retirement benefits shall be paid or commence to be paid to a Specified Employee on the first day of the seventh month following the Participant’s Termination of Employment with the present value of a Lump Sum Payment referred to in [Section 4.02(a)] determined based on the Participant’s age on the first day of the seventh month following the Participant’s Termination of Employment and the actuarial assumptions in effect on the first day of the month following the Participant's Termination of Employment and in the case of payments made in the form of an annuity shall include any payments that would have been made between the Participant’s Termination of Employment and the actual commencement of payment if the Participant had not been a Specified Employee. Notwithstanding the foregoing, to the extent required by [Section 4.02(b)], payment of a Participant's supplemental retirement benefit shall commence or be made on the date that is five years from the date payment would otherwise commence or be made under this [Section 4.01].

With respect to any Participant who is a Specified Employee, payment of Benefits. Subject to [Sections 4.02] [(a) through (f)], supplemental retirement benefitsany benefit shall be paid ornot commence to be paid to an eligible Participant as ofearlier than the first day ofdate that is six (6) months following the month following Termination of Employment and if applicable terminating with the month in which the deathdate of such Participant occurs; provided, however, that supplemental retirement benefits shall be paid orSpecified Employee’s Separation from Service. In such case, the Participant’s Benefit will commence to be paid to a Specified Employee on the first daylater of # during the seventh (7th) month following the Participant’s Termination of Employment withSeparation from Service, or # the present valuecommencement date otherwise provided for hereunder. In the event that any benefit payable in the form of a Lump Sum Payment referredlife annuity is delayed by application of this [Section 4.4], then, upon commencement, the monthly benefit payable to in [Section 4.02(a)]the Participant shall be determined based onupon the Participant’s age onat his Separation from Service, and the first day of the seventh month following the Participant’s Termination of Employment and the actuarial assumptions in effect on the first day of the month following the Participant's Termination of Employment and in the case of payments made in the form of an annuitypayment shall include anyall payments that would have been made betweenotherwise become payable during the Participant’s Terminationperiod of Employment and the actual commencement of payment if the Participant had not been a Specified Employee. Notwithstanding the foregoing, to the extent required by [Section 4.02(b)], payment of a Participant's supplemental retirement benefit shall commence or be made on the date that is five years from the date payment would otherwise commence or be made under this [Section 4.01].such delay.