First Draft: March 21, 1994
EXHIBIT 10.11
RAYONIER INC.
EXCESS SAVINGS PLAN
(Effective as of March 1, 1994)
RAYONIER INC.
EXCESS SAVINGS PLAN
(Effective as of March 1, 1994)
TABLE OF CONTENTS
Article I. The Plan
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1.1 Establishment of the Plan 1
1.2 Purpose 1
Article II. Definitions
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2.1 Definitions 2
2.2 Gender and Number 3
Article III. Participation
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3.1 Eligibility 4
3.2 Commencement 4
Article IV. Contributions
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4.1 Accounts 5
4.2 Excess Basic Savings 5
4.3 Excess Matching Company Contributions 5
4.4 Excess Retirement Contributions
4.5 Adjustment to Accounts 6
4.6 Vesting 6
4.7 Benefit Payments 6
4.8 Death Benefits 6
Article V. Rights of Participants
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5.1 Contractual Obligation 7
5.2 Unsecured Interest 7
Article VI. Administration
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6.1 Administration 8
6.2 Indemni