secwatch.observer — SEC 8-K summary
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Issuer:     J&J SNACK FOODS CORP (JJSF)
CIK:        0000785956
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0001437749-24-035969
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J&J Snack Foods adopts NonQualified Deferred Compensation Plan effective Jan 1, 2025
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- Plan allows eligible executives and directors to defer up to 50% of salary and 95% of bonus/commissions.
- Employer contributions vest 100% after 4 years of service, or upon age 65, death, disability, or change in control.
- Distributions at separation from service, in-service after 5 years, or upon change in control with separation within 12 months.
- Plan is unfunded; participants are unsecured creditors; rabbi trust assets remain company property.
- Effective Jan 1, 2025; Compensation Committee administers the plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785956/000143774924035969/0001437749-24-035969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785956/000143774924035969/jjsf20241119_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035969

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