Deferral Amount definition

Deferral Amount means the sum of all of a Participant's Annual Deferral Amounts.
Deferral Amount means that portion of a Participant’s Base Salary and Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant’s Retirement, Disability, death or a Termination of Employment prior to the end of a Plan Year, such year’s Deferral Amount shall be the actual amount withheld prior to such event.

Examples of Deferral Amount in a sentence

  • All Participants, except those who, on the Automatic Deferral Elective Date, are deferring an amount which is at least equal to the Automatic Deferral Amount.

  • This Section 3.5 shall not apply, or shall cease to apply, to the extent a Participant or Employee of a Participating Employer files an Enrollment Agreement or elects to have no Employee Deferral Amount contributed to the Plan.

  • An Employee will have a reasonable period of time, as established by the Plan Administrator, after receipt of any notice required by Applicable Law, to make an affirmative election regarding the Employee Deferral Amount before the deemed election to make such deferrals shall become effective.

  • Additional Employer Contributions shall be included in the Annual Deferral Amount of the Participant whose Account receives such contributions and shall be subject to the limitations set forth in this Article IV.

  • In no event shall the amount of the Employee Deferral Amount under an Enrollment Agreement be more than the Maximum Deferral Amount.


More Definitions of Deferral Amount

Deferral Amount means the sum of all of a Participant’s Annual Deferral Amounts.
Deferral Amount means the Salary and/or Commission Deferral Amount and the Bonus Deferral Amount which the Participant elects to contribute for Supplemental Executive Benefits pursuant to the Plan. For Participants who are non-employee Board members, the Deferral Amount means the retainer and meeting fees earned for service as a Board member or a member of one or more Board committees which the Participant elects to contribute for Supplemental Executive Benefits pursuant to the Plan.
Deferral Amount means the amount of a Participant’s Monthly Compensation that is elected by a Participant for deferral under the Plan.
Deferral Amount means the amount of Fees actually deferred under the Plan by the Participant pursuant to Section 3.1 and the amount of Fees automatically deferred pursuant to Section 5.10 for any one Plan Year.
Deferral Amount or “Deferral” shall mean that portion of a Participant’s Annual Bonus that is deferred in the form of Deferral Units that a Participant irrevocably elects to have, and is deferred, for any one Plan Year.
Deferral Amount means the amount of a Participant’s Cash Incentive Compensation Award, Base Salary, Stock Based Awards, and (for periods prior to August 2, 2006) Dividends on Stock Grants actually deferred under the Plan by the Participant pursuant to Section 4 for any one Plan Year.
Deferral Amount means the amount of Net Compensation for each Deferral Period which a Participant elects to defer under the Plan.