during a calendar year by the Company or an Affiliate. Bonuses paid under the
Annual Incentive Compensation Plan of the Company will be considered as part of
Compensation for the year in which they are paid to the Employee.
(e) "Committee" means the Compensation Committee of the
Board of Directors of the Company.
(f) "Company" means The Washington Post Company, a
Delaware corporation, and any successors in interest thereto.
(g) "ERISA" means the Employee Retirement Income Security
Act of 1974, as amended.
(h) "Executive Participant" means an employee of the
Company or an Affiliate recommended by the Company's senior management and
designated a participant in this Plan by the Committee, who is within the
category of a select group of management or highly compensated employees as
referred to in Sections 201(a)(2), 301(a)(3) and 401(a)(1) of ERISA for any
Plan Year and who either holds or held the office of a Vice President of the
Company or an Affiliate or any office senior thereto or a position of
equivalent responsibility or importance, during the current Plan Year or the
prior Plan Year, and was covered under the Company's Long-Term Incentive
Compensation Plan or any successor programs. An Executive Participant shall be
designated as being eligible to participate in Section 3 benefits or Section 4
benefits or both as determined in the sole discretion of the Committee.
(i) "415 Limitations" means Retirement Plan and Savings
Plan provisions adopted pursuant to Section 415 of the Internal Revenue Code to
limit (i) annual Retirement Plan benefits pursuant to Section 415(b) thereof,
(ii) annual additions to a Savings Plan