Compensation Deferrals definition

Compensation Deferrals means the amounts credited to a Participant’s Compensation Deferral Account pursuant to the Participant’s election made in accordance with subsection 4.1.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Compensation Deferrals means the amounts credited to Participants' Accounts under the Plan pursuant to their deferral elections made in accordance with Section 2.1.

Compensation Deferrals means the amount of Compensation deferred under the Plan pursuant to Section 3.1.

Examples of Compensation Deferrals in a sentence

Notwithstanding the above, the Boards of Directors, in their sole discretion, may disregard the Director's election and determine that all Compensation Deferrals shall be deemed to be invested in a fund determined by the Boards of Directors.
The Director may elect, on a form provided by, and submitted to, the Presidents of the respective Funds, to commence Compensation Deferrals under Section 3 hereof for the period beginning on the later of (i) the date this Agreement is executed or (ii) the date such form is submitted to the Presidents of the Funds.
Compensation Deferrals shall be allocated to the Deferral Accounts on the first business day following the date such Compensation Deferrals are withheld from the Director's Compensation.
Compensation Deferrals shall be allocated to the Deferral Account on the day such Compensation Deferrals are withheld from the Trustee's Compensation and shall be deemed invested pursuant to Section 3.3, below, as of the same day.
The Trustee may elect, on a form provided by, and submitted to, the Secretary of a Fund, to commence Compensation Deferrals under Section 3 hereof for the period beginning on the later of (i) the date this Agreement is executed or (ii) the date such form is submitted to the Secretary of the Fund.

More Definitions of Compensation Deferrals

Compensation Deferrals means the compensation deferred by a Participant pursuant to Section 3.1 of this Plan.

Compensation Deferrals means an amount contributed to the Plan by the Company in lieu of being paid to a Participant as salary or wages. Compensation Deferrals shall be made under salary reduction arrangements between each Participant and the Company with respect to salary or wages not yet paid or otherwise available to the Participant as of the date of the Participant’s election under the arrangement. Section 3.2 contains the provisions under which Compensation Deferrals may be made.

Compensation Deferrals means the Basic Deferrals, Supplemental Deferrals and Discretionary Deferrals made pursuant to Section 4.1 of the Plan.

Compensation Deferrals means the percentage or dollar amount of an Eligible Employee’s Compensation which the Eligible Employee elects to defer pursuant to Section 3.1.

Compensation Deferrals means the amount of Compensation deferred pursuant to an Irrevocable Election Form, plus any amount of Compensation deferred under another deferred compensation plan that is transferred into the Plan pursuant to Article III(F), and where the context requires, shall include earnings on said amounts.

Compensation Deferrals means the amounts credited to a Participant's Compensation Deferral Account pursuant to the Participant's election made in accordance with subsection 4.1.

Compensation Deferrals means the amounts credited to Participants’ Accounts under Section 3.1.