Annual report pursuant to Section 13 and 15(d)

Deferred Compensation

v3.3.1.900
Deferred Compensation
12 Months Ended
Dec. 31, 2015
Compensation Related Costs [Abstract]  
Deferred Compensation
Deferred Compensation
The Company has deferred compensation agreements with certain former officers providing for payments for the longer of ten years or life from age 65. The present value of such vested future payments, $182,000 at December 31, 2015 and $261,000 at January 3, 2015, has been accrued.