Compensation Deferral definition
Examples of Compensation Deferral in a sentence
Such writing shall set forth the amount of such Compensation Deferral (in whole percentage amounts).
An Employee Participant who has satisfied the requirements necessary to become an Eligible Individual with respect to Matching Contributions as specified in the Adoption Agreement, and who has made a Compensation Deferral election pursuant to subsection 4.1 herein or who has satisfied such other criteria as specified in the Adoption Agreement, shall be eligible to receive Matching Contributions described in subsection 4.
The form shall set forth the amount of such Compensation Deferral (in whole percentage amounts).
Performance-Based Bonus Deferrals shall be credited to the Participant’s Compensation Deferral Account as soon as administratively feasible after such amounts would have been payable to the Participant.
If any of the events described in Section 1 hereof constituting a change in control shall have occurred, then you shall receive payment of the entire balance in your Compensation Deferral Account and Matching Contribution Account, as defined in the Citation Corporation Nonqualified Deferred Compensation Plan, in cash and in one lump sum as of the Change in Control Date.