Bonus Election Date definition

Bonus Election Date means the date established by the Plan Committee as the date by which a Participant must submit a valid Election Form for Bonus to the Plan Administrator in order to defer Annual Bonus under the Plan for a calendar year. For each calendar year, the Bonus Deferral Election Date is December 31 of the calendar year prior to which the Bonus is to be earned.
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Bonus Election Date means, with respect to any Bonus payable to a Participant, the date prescribed by the Administrator in its sole discretion in compliance with the Nonqualified Deferred Compensation Rules by which a Participant’s Bonus Deferral election must be delivered to the Administrator and be irrevocable by the Participant. Unless otherwise provided by the Administrator:
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Bonus Election Date means, for a Cash Bonus with respect to a Year, the September 30 of such Year. Effective in 2008, the Bonus Election Date shall be changed to June 30 of each Year.
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Examples of Bonus Election Date in a sentence

  • For any Bonus that is Performance-Based Compensation, the Bonus Election Date shall be the earlier of (i) the date that is six (6) months before the last day of the performance period applicable to such Bonus and (ii) date on which the amount of the Bonus has become “readily ascertainable” (within the meaning of Treas.

  • An Eligible Executive may participate under this Section 10 by delivering to the Plan Administrator a properly completed and signed (i) Election Form for Salary on or before the Salary Election Date, and/or (ii) Election Form for Bonus on or before the Bonus Election Date.

  • On or before the relevant Bonus Election Date for a Year, each Eligible Employee may make an irrevocable election to receive a percentage of the Cash Bonus that may be granted to the Eligible Employee with respect to such Year in shares of Restricted Stock and/or LTIP Units, if applicable.

  • Except as provided in Section 4.2(c) and 4.2(e), the Participant’s election to make a Bonus Deferral for a Plan Year must be made on or before the applicable Bonus Election Date for such Plan Year and in the manner and within the time period required by the Administrator in accordance with the Nonqualified Deferred Compensation Rules.

  • On or before the relevant Bonus Election Date for a Year, each Eligible Employee may make an irrevocable election to receive a percentage of the Cash Bonus that may be granted to the Eligible Employee with respect to such Year in shares of Restricted Stock, Stock Units and/or LTIP Units, if applicable.

  • A Participant may make changes in his/her previously made deferral election for an Annual Bonus otherwise expected to be payable to him/her for services rendered in the Fiscal Year up to and including the Annual Bonus Election Date.

  • A Participant’s election to make a Bonus Deferral for a Plan Year will become effective as of the day immediately following the applicable Bonus Election Date.

  • If an Employee initially becomes eligible to participate in the Plan on or after the first day of a Plan Year, such Employee may, subject to Administrator approval, elect to make a Bonus Deferral of his Bonus for the remainder of the Plan Year if such Employee properly completes the election procedures required by the Administrator by his prescribed Bonus Election Date.

  • If an Eligible Employee fails to give such written notice of election by the Annual Bonus Election Date, such failure will be deemed an election not to defer any Annual Bonus payable to him/her for services rendered in the Fiscal Year.

  • Each Eligible Employee shall give written notice to the Committee or its appointed representative of his/her election to defer (in the form of a Deferred Equity Swap) all or any portion of the Eligible Employee's Equity Swap Common Shares otherwise payable to him/her for services rendered pursuant to an Equity Swap with respect to an Annual Bonus or LTIP Award, no later than the Annual Bonus Election Date or LTIP Award Election Date, as applicable.


More Definitions of Bonus Election Date

Bonus Election Date means, for a Cash Bonus with respect to a Year, June 30 of such Year; provided, however, that for any Cash Bonus with respect to the Year 2010, Bonus Election Date means December 15 of such Year.
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Bonus Election Date means December 15 or such earlier date as is specified by the Committee and communicated to the Participant with at least thirty (3 0) days’ advance notice.
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Bonus Election Date means, for a Cash Bonus with respect to a Year, June 30 of such Year.
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Related to Bonus Election Date

  • Election Date has the meaning specified in Section 312(h).

  • Election cycle means the period beginning on the first day persons are eligible to

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Deferral Year means each calendar year during which the Trustee makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Deferral Election Form means each form established from time to time by the Administrator that the Executive completes, signs and returns to the Administrator to designate the amount of Deferrals.

  • Plan Year means the calendar year.

  • 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.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Election Period shall have the meaning set forth in Section 14.3(a).

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Adoption Date means the date the Plan is first approved by the Board or Compensation Committee.

  • Nomination Date means the twentieth (20th) day of the month preceding the Operating Month.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Target Annual Bonus as of any date means the amount equal to the product of Base Salary determined as of such date multiplied by the percentage of such Base Salary to which Executive would have been entitled immediately prior to such date under any Bonus Plan for the Annual Performance Period for which the Annual Bonus is awarded if the performance goals established pursuant to such Bonus Plan were achieved at the 100% level as of the end of the Annual Performance Period.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.