Deferrable Compensation definition

Deferrable Compensation means one hundred percent (100%) of Fees that would be payable to a Director during a Plan Year but for the Director’s election to defer such Deferrable Compensation on his or her Election Form in accordance with Article IV of this Plan.
Deferrable Compensation means the following types of compensation that may be deferred under the Plan:
Deferrable Compensation means the Compensation and Board Fees designated by the Administrative Committee as eligible to be deferred in any Plan Year pursuant to Section 2.1(a).

Examples of Deferrable Compensation in a sentence

  • Each such Participant’s Deferrable Compensation deferred pursuant to an Election Form under Article IV shall be separately accounted for and credited with earnings or dividends, as applicable, for recordkeeping purposes only, to his or her Account.

  • The Deferral Form will set forth what the Administrative Committee has authorized as Deferrable Compensation.

  • The Administrator has the authority, without Board approval, to amend the Plan to comply with the requirements of Code Section 409A, modify the amount or type of compensation that qualifies as Deferrable Compensation, modify the classes of individuals eligible to participate in the Plan, and to change the investment alternatives offered under the Plan.

  • As of the date payments of Deferrable Compensation otherwise would be made to the Director, the Company shall credit to the Account, in cash or stock equivalents, the amount of Deferrable Compensation which the Director has elected to defer.

  • Subject to the foregoing six (6) month limitation, the Participant may make new deferral elections for Deferrable Compensation payable in subsequent Plan Years in accordance with this Article IV.


More Definitions of Deferrable Compensation

Deferrable Compensation means fifty percent (50%) of a Participant’s Incentive Compensation and 100% of a Participant’s Restricted Stock Units that would be payable to a Participant during a Plan Year but for the Participant’s election to defer such Deferrable Compensation on his or her Election Form in accordance with Article IV of this Plan. Deferrable Compensation shall not include any compensation payable to the Participant that is designated by the Administrator as Base Salary.
Deferrable Compensation means both Deferrable Stock-Based Compensation and Deferrable Cash Compensation.
Deferrable Compensation means, for the period specified in a Participation Election, all Base Salary and Bonus Compensation payable to a Participant in cash and any other amounts that would be paid in cash but for a compensation reduction agreement pursuant to Code Section 125, 132(f)(4) or 401(k) or pursuant to the Participant’s Elective Deferral Contributions made under the Plan. However, the following items shall not be included in the Participant’s Deferrable Compensation:
Deferrable Compensation means a Participant's Salary and/or Bonus, and in the case of a Participant who is required to defer a portion of his or her Compensatory Dividends in a given year in accordance with Section 4.1, any excess portion of Compensatory Dividends payable to such Participant in such year.
Deferrable Compensation means all fees payable to a Director for services on a Board, including Board fees, committee fees, retainers and compensation payable for services rendered as a Director of a Corporation.
Deferrable Compensation means, as designated by the Board from time to time, any form of compensation to be paid by the Company or one of its Affiliates to an Eligible Individual which may include, but is not limited to, (i) grants made under the Company’s Equity Incentive Plan, or any subplan thereof, (ii) regular bonuses, (iii) incentive bonuses, and (iv) with respect to Eligible Directors, directors’ fees, but shall exclude salary or such other regular wages paid to Employees.
Deferrable Compensation means all compensation payable to Executive for services.