Compensation Deferral definition

Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

Compensation Deferral means the amount or amounts of the Trustee's Compensation deferred under the provisions of Section 3 of this Plan.

Compensation Deferral means the amount or amounts of the Trustee’s Compensation deferred under the provisions of Section 2 of this Agreement.

Examples of Compensation Deferral in a sentence

• Certain Trustees are also owed compensation deferred pursuant to a Trustee Compensation Deferral Plan.

• The Committee has the authority to determine the payroll practices under which any component of Compensation subject to a Compensation Deferral Agreement will be deducted from a Participant’s Compensation.

• Deferrals shall be credited to appropriate Accounts on the date such Compensation would have been paid to the Participant absent the Compensation Deferral Agreement.

• The Committee, pursuant to its authority to interpret the Plan, may sever from the Plan or any Compensation Deferral Agreement any provision or exercise of a right that otherwise would result in a violation of Code Section 409A.

• A Compensation Deferral Agreement becomes irrevocable with respect to Performance-Based Compensation as of the day immediately following the latest date for filing such election.

More Definitions of Compensation Deferral

Compensation Deferral means that portion of Compensation as to which a Participant has made an irrevocable election to defer receipt until the date specified under the In-Service Distribution Option, the Separation Distribution Option, and/or as otherwise specified under this Plan.

Compensation Deferral means the total amount of Compensation the Trustee elects to defer in accordance with the provisions of Section 3 of this Agreement, together with any amounts previously deferred pursuant to a compensation deferral agreement under a predecessor to this Plan.

Compensation Deferral means an election by a Participant to defer the receipt of the portion of his or her Compensation in accordance with the requirements of Article IV.

Compensation Deferral means that portion of Compensation or Board Remuneration as to which a Participant has made an annual election to defer receipt until the date specified under the In-Service Distribution Option, the Retirement Distribution Option, the Flexible Distribution Option or the Deferred Board Remuneration Option, as applicable.

Compensation Deferral means that portion of Compensation as to which a Participant has made an annual election to defer receipt until the date specified under the In-Service Distribution Option or the Retirement Distribution Option.

Compensation Deferral means the amount or amounts of the Trustee's Compensation deferred under this Plan.

Compensation Deferral means the amount or amounts of a Participant's Compensation deferred under the provisions of Article 3.