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welcome everyone to another in our continuing series of educational webcasts this will be a level 1 session for non-qualified deferred compensation plans it is intended as a basics class but there will lease the meet in the presentation and the presentation will be posted so you need not take detailed notes but I would emphasize there are a couple things in here that I learn my guest speaker today is Chris Fernandez from the principle group he is and kind enough to join us and give us a rundown on what he sees as the key basic concepts of non qualified plans Chris you want to go ahead and introduce yourself yeah absolutely thanks Scott and thanks everybody for joining us today Scott mentioned Im Chris Fernandez Im a senior consultant on non-qualified deferred comp plans with Principal Financial Group Ive been working in this capacity for the last 17 years my day-to-day function is working with financial advisors and their corporate clients to design and implement a non-qualified arr