Deferral Election Account definition

Deferral Election Account means a separate Account maintained ------------------------- for each Participant who has elected to make a Deferral Election, consisting of the amount contributed pursuant to the Participant's Deferral Election plus any earnings of the Trust and realized and unrealized gains and losses allocable to such Account, but less any amounts previously distributed to the Participant, Former Participant or Beneficiary for whom the Account is maintained.
Sample 1Sample 2
Deferral Election Account means a separate Account maintained for each Participant who has elected to make a Deferral Election, consisting of the amount contributed pursuant to the Participant's Deferral Election plus any earnings of the Trust and realized and unrealized gains and losses allocable to such Account, but less any amounts previously distributed to the Participant, Former Participant or Beneficiary for whom the Account is maintained.
Sample 1
Deferral Election Account means a Participant's Account as referred to in Section 3.2.
Sample 1

Examples of Deferral Election Account in a sentence

  • In the absence of a new distribution election under either Section IV.B or this Section V.B, each Deferral Election Account consolidated into the Earmarked Account shall be distributed in accordance with the method of distribution originally elected on the Deferral Election Form applicable to that Deferral Election Account.

  • General Expense Checks: #242338 through 242799, and Electronic Fund Transfers #351 through 365, and Direct Deposit for Employee’s reimbursement #11675 through 11835 in the total amount of $3,001,981.75.PRELIMINARYII-1 To: Board of Trustees From: Qun Fang, Finance and Facilities Manager Subject: Financial Reports for December, 2008The combined balance sheet represents the Library’s financial position on December 31, 2008.

  • Figure 4.3. Effect of level of DM intake and exchange of grass silage with maize silage on enteric CH4 emission simulated with the Dutch Tier 3 for enteric CH4 emission in dairy cows.

  • Do not include a value for term insurance, which has no cash value to the individual before death.

  • As of the first business day in January of each year, the cash dividend equivalents so credited to each Deferral Election Account for the immediately preceding calendar year will be converted into additional deferred shares of Common Stock by dividing (i) those cash dividend equivalent amounts by (ii) the average of the Fair Market Value per share of Common Stock on each of the dates in the immediately preceding year on which dividends were paid.

  • The Annual Service Fees for any pre-2008 calendar year that were deferred under the Program and credited to the Participant’s Deferral Election Account for that year were converted into deferred shares of Common Stock subject to the terms of this Program.

  • Upon a Participant's termination of ------------------------- employment with the Employer, either voluntarily or involuntarily, prior to his Normal Retirement Age (other than by reason of death, or early or Disability retirement) he shall be entitled to 100% of the value of his Deferral Election Account and his Rollover Contribution Account, if any.

  • For each calendar year for which the Participant defers all or part of his Annual Service Fees, a separate Deferral Election Account shall be established and credited with the amount of the Annual Service Fees deferred for that year.

  • A Participant's rights to -------------------------------------- his Deferral Election Account and his Rollover Contribution Account, if any, shall, at all times, be 100% nonforfeitable.

  • Any amount deferred by a Participant which would have constituted salary during a Year shall be credited to Participant's Deferral Election Account within three business days from the dates such salary would have been paid if it had not been deferred.

Related to Deferral Election Account

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

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

  • 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.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • 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.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

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

  • Regular account means the account established for each active and inactive member un-

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

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

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • 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.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Payment Election means an election pursuant to Section 5.1.