Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Each participant's deferred compensation account will be deemed invested in investment vehicles selected by the participant from a list made available by the Plan's administrator from time to time. These investment alternatives will be substantially identical to the mutual fund offerings available under the Company's 401(k) plan. The deemed investment accounts represent an unfunded unsecured promise by the Company to pay such amounts in the future, and do not represent ownership of, or any ownership interest in, any particular assets of the Company. Payments under the Plan will be made from the assets of a trust established by the Company as a reserve for benefits payable under the Plan. The trust's assets remain subject to the claims of the Company's general creditors.
The foregoing description of the Plan does not purport to be complete and is subject to and qualified in its entirety by reference to the complete texts of the Plan and the Adoption Agreement, copies of which are filed herewith as Exhibits 10.1 and 10.2, respectively, and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
10.1 Lindsay Corporation Nonqualified Deferred Compensation Plan.
10.2 Lindsay Corporation Nonqualified Deferred Compensation Plan Adoption Agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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