Deferred Compensation Account. The Company shall maintain a bookkeeping account (the “Deferred Bonus Account”) to which it shall credit the Company Contribution in accordance with Section 2. Interest shall be credited to the Deferred Bonus Account in accordance with Section 5, below. The Deferred Compensation Account is a bookkeeping account only and Executive shall not have any claim to any particular assets of the Company.
Appears in 4 contracts
Samples: Deferred Bonus Agreement (Meritage Corp), Deferred Bonus Agreement (Meritage Homes CORP), Deferred Bonus Agreement (Meritage Corp)
Deferred Compensation Account. The Company shall maintain a bookkeeping account (the “"Deferred Bonus Account”") to which it shall credit the Company Contribution in accordance with Section 2. Interest shall be credited to the Deferred Bonus Account in accordance with Section 5, below. The Deferred Compensation Account is a bookkeeping account only and Executive shall not have any claim to any particular assets of the Company.
Appears in 4 contracts
Samples: Deferred Bonus Agreement (Meritage Corp), Deferred Bonus Agreement (Meritage Corp), Deferred Bonus Agreement (Meritage Corp)
