Deferred Compensation Arrangement Sample Clauses

Deferred Compensation Arrangement. Executive will be entitled to defer the entire salary and bonus, if any, provided in Sections 4.1 and 4.2 of this Agreement, for the years 1997, 1998 and 1999, which amounts shall accrue interest at the rate paid on 2-year Treasury bills at January 1 of each year, until paid, plus 2% compounded annually, all in accordance with a nonqualified deferred compensation agreement to be entered into between the parties.
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Deferred Compensation Arrangement. Credits) of the Agreement is hereby amended and restated in its entirety to read as follows:
Deferred Compensation Arrangement. On the Effective Date or on January 1, 1999 if the Effective Date shall precede January 1, 1999, the ENB Deferred Compensation Arrangement shall be terminated, and subject to any applicable income tax withholding requirements, all deferred compensation account balances shall be paid out in cash to plan participants.
Deferred Compensation Arrangement. Upon the Effective Date, the Company shall credit $6,476,625 to the Executive’s account under the Coca-Cola Enterprises Supplemental Matched Employee Savings and Investment Plan (“Supplemental MESIP”). This amount shall be subject to the terms and conditions of the Supplemental MESIP, including the Executive’s elections with respect to the time and form of distribution and investment measures, except that such amount may become forfeitable under Section 9 of this Agreement.
Deferred Compensation Arrangement. The Company shall establish a --------------------------------- plan or arrangement pursuant to which Executive may elect to defer receipt of any or all of the compensation payable under Section 2.1 or Section 2.2
Deferred Compensation Arrangement. During the term of this Agreement, Employer shall maintain the Employee Benefit Plan adopted in April, 198 (commonly referred to as the "401(k) Plan") and shall take all steps reasonably required in order to maintain the qualification of such plan under Section 401(k) of the Internal Revenue Code. Anything to the contrary notwithstanding, Employer's obligation to maintain said plan shall not impose any obligation on Employer to make any contributions to such plan.
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Deferred Compensation Arrangement 

Related to Deferred Compensation Arrangement

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Deferred Compensation Plans Employees are to be included in the State of California, Department of Personnel Administration's, 401(k) and 457 Deferred Compensation Programs. Eligible employees under IRS Code Section 403(b) will be eligible to participate in the 403(b) Plan.

  • Deferred Compensation Upon the consummation of the Initial Business Combination, the Company will cause the Trustee to pay to the Representative, on behalf of the Underwriters, the Deferred Discount. Payment of the Deferred Discount will be made out of the proceeds of the Offering held in the Trust Account. The Underwriters shall have no claim to payment of any interest earned on the portion of the proceeds held in the Trust Account representing the Deferred Discount. If the Company fails to consummate its Initial Business Combination within the time period prescribed in the Amended and Restated Certificate of Incorporation, the Deferred Discount will not be paid to the Representative and will, instead, be included in the liquidation distribution of the proceeds held in the Trust Account made to the Public Stockholders. In connection with any such liquidation distribution, the Underwriters will forfeit any rights or claims to the Deferred Discount.

  • Compensation Arrangements (a) Following receipt of an RoU Claim Notice in respect of a Type 3 Restriction of Use, Network Rail and the Train Operator shall (if they have not already done so) commence negotiations in respect of the RoU Liability compensation to be paid by one party to the other in respect of the Type 3 Restriction of Use and, subject to paragraph 10, shall continue such negotiations in good faith until they are concluded.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows:

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

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