Common use of Installment Elections Clause in Contracts

Installment Elections. A Participant will be required to make his distribution election prior to the commencement of each calendar year (or, in the event of an election with respect to Performance-Based Bonuses, prior to six months before the end of the applicable performance period), or such earlier date as determined by the Administrator.

Appears in 8 contracts

Sources: Nonqualified Supplemental Deferred Compensation Plan (Atlantic Union Bankshares Corp), Nonqualified Supplemental Deferred Compensation Plan (Carter Bankshares, Inc.), Nonqualified Supplemental Deferred Compensation Plan (Virginia Electric & Power Co)

Installment Elections. A Participant will be required to make his distribution election prior to the commencement of each calendar year (or, in the event of an election with respect to Performance-Based Bonuses, prior to six months before the end of the applicable performance period), or such earlier date as determined by the Plan Administrator.

Appears in 2 contracts

Sources: Nonqualified Supplemental Deferred Compensation Plan Adoption Agreement (Kaiser Ventures LLC), Adoption Agreement (Digital Insight Corp)

Installment Elections. A Participant will be required to make his distribution election prior to the commencement of each calendar year (or, in the event of an election with respect to Performance-Based Bonuses, prior to six months before the end of the applicable performance period), or such earlier date as determined by the Administrator.. ​

Appears in 1 contract

Sources: Nonqualified Supplemental Deferred Compensation Plan (C & F Financial Corp)