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 the Awardee is a participant in the 1998 Microsoft Corporation Stock Option Gain And Bonus Deferral Program, he may in addition be allowed to pay all or part of the purchase price of any deferred Option with Shares.

• 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.

• 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.

• Participants had an opportunity to elect during 2008 to receive a distribution of all or a portion of their Bonus Deferral Credits for 2008, if any, to be credited under this Plan in 2009, to be distributed on the date such Bonus Deferral Credits would otherwise have been credited to this Plan.

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 pre-tax deferrals of a distribution of Performance Share Awards made by a Participant under this Plan of up to one hundred percent (100%) of his Performance Share Award in accordance with Section 4.1(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.