Deferral Election Deferral Election definition

Deferral Election Deferral Election means the Written or electronic salary reduction agreement entered into by an Eligible Individual and the Committee pursuant to this Plan and which is made on a form and manner described in Section 4.3 of the Plan.
Sample 1
Deferral Election Deferral Election means the written or electronic media salary reduction agreement entered into by an Eligible Employee and the Committee pursuant to this Plan and which is made on a form and manner described in Section 4.3 of the Plan. 2.1.3 Dick’s Matching Deferral Account Dick’s Matching Deferral Account means the separate account established by the Committee for recordkeeping purposes only to track Dick’s Matching Deferral Credits in the name of each Participant in accordance with Section 4.1 of the Plan. 2.14 Dick’s Matching Deferral Credits Dick’s Matching Deferral Credits means the amounts credited to a Participant’s Dick’s Matching Deferral Account in accordance with Section 4.2 of the Plan. 2.15 Disability Disability means any medical or physical impairment that can be expected to result in death or to last for at least 12 months as determined by the Committee. 2.16 Effective Date Effective Date means July 1,2006. 2.17 Eligible Employee Eligible Employee means any senior managers and other highly compensated employees of the Company who are designated by the Company and approved by the Committee. 2.18 ERISA ERISA means the Employee Retirement Income Security Act of 1974, as amended. Dick’s Sporting Goods Supplemental Smart Savings Plan 2.19 Incentive Bonus Award Deferral Account Incentive Bonus Award Deferral Account means the separate account established by the Committee for recordkeeping purposes only to track Incentive Bonus Award Deferrals in the name of each Participant in accordance with Section 4.1 of the Plan. 2.20 Incentive Bonus Award Deferral Credits Incentive Bonus Award Deferral Credits means the amounts credited to a Participant’s Incentive Bonus Award Deferral Account in accordance with Section 4.2 of the Plan. 2.21 Installment(s) Installment(s) means an aggregate single payment for the purpose of subsequent deferral rules according to Code Section 409A and the regulations thereunder. 2.22 Normal Form of Distribution Normal Form of Distribution means a single lump sum payment. 2.23 Participant Participant means any present or former Eligible Employee who has become a Participant in the Plan in accordance with the provisions of Article III and who continues to have an Account balance under the Plan or whose beneficiary has such account balance. 2.24 Performance-based Compensation Performance-based Compensation means compensation that is paid contingent on the satisfaction of pre-established objective or subjective performance criteria. If subjective, ...
Sample 1

Related to Deferral Election Deferral Election

  • 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.

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

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

  • 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.

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

  • 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

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

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • 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.

  • Payment Election means an election pursuant to Section 5.1.

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • 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.

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

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Plan Year means the calendar year.

  • Deferral Agreement means an irrevocable agreement entered into between a Nonemployee Director and the Company to authorize the Company to reduce the amount of the Nonemployee Director’s Annual Retainer and credit the amount of such reduction to the Plan consistent with the requirements of Section 409A of the Code. A Deferral Agreement shall contain such provisions, consistent with the provisions of the Plan, as may be established from time to time by the Company or the Board, including without limitation:

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Election cycle means the period beginning on the first day persons are eligible to

  • LCA Election has the meaning specified in Section 1.09(a).