Bonus Deferral definition

Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

Bonus Deferral means the percentage of a Participant’s Bonus which the Participant defers pursuant to Section 4.2 of the Plan.

Bonus Deferral means an election by a Participant to defer the receipt of a Bonus in accordance with the requirements of Article IV.

Examples of Bonus Deferral in a sentence

• If an Eligible Individual does not elect to make a Performance-Based Bonus Deferral during that initial 30-day period, he may not later elect to make a Performance-Based Bonus Deferral for that performance period under this subsection.

• A Participant may not, at any time, revoke a previous election with respect to a Bonus Deferral Amount or Salary Deferral Amounts.

• An Eligible Employee may make an Excess Bonus Deferral Contribution election whether or not such employee previously has made, or currently has in effect, any Excess Salary Reduction Contribution election.

• The excess of the Participant’s Annual Bonus for the relevant Fiscal Year over his or her Bonus Deferral Amount for such Fiscal Year shall be paid to the Participant on such date and in the same manner as such Participant’s Annual Bonus would have been paid to him or her if he or she was not a Participant in the Plan with respect to such Fiscal Year.

• Deferral of each Participant’s Bonus Deferral Amount for the relevant Fiscal Year shall be automatic and mandatory and shall occur immediately prior to the Investment Date for such Fiscal Year.

More Definitions of Bonus Deferral

Bonus Deferral means the amount of annual bonus that the Participant elects to defer under Section 4.3.

Bonus Deferral means the amount of a Participant's Bonus Compensation which the Participant elects to have withheld on a pre-tax basis and credited to his account pursuant to Section 4.1.

Bonus Deferral means the Bonus deferral made by a Participant pursuant to Section 4.2(b). A Participant may also defer a portion of his Bonus as a Supplemental Deferral pursuant to Section 4.2(c).

Bonus Deferral means the amount of a Participant’s Annual Bonus Compensation which the Participant elects to have withheld and credited to his Account pursuant to Section 4.1.

Bonus Deferral means the percentage of a Participant’s bonus and/or Performance Based Compensation which the Participant elects to defer pursuant to Article III.

Bonus Deferral means the portion of a Bonus that is deferred by a Participant under Section 4.2 with respect to a Plan Year.

Bonus Deferral means the portion of the Bonus as to which a Participant has made an annual irrevocable election to defer receipt.