Deferral Period definition

Deferral Period means the period of time during which Deferred Shares are subject to deferral limitations under Section 7 of this Plan.

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

Deferral Period shall have the meaning indicated in Section 4(k)(ii) hereof.

Examples of Deferral Period in a sentence

• During the Deferral Period, the Participant shall have no right to transfer any rights under his or her award and shall have no rights of ownership in the Deferred Shares and shall have no right to vote them, but the Board may, at or after the Date of Grant, authorize the payment of dividend equivalents on such Shares on either a current or deferred or contingent basis, either in cash or in additional Common Shares.

• Each such grant or sale shall be subject, except (if the Board shall so determine) in the event of a Change in Control or other similar transaction or event, to a Deferral Period of not less than 3 years, as determined by the Board at the Date of Grant.

• Each such grant or sale shall constitute the agreement by the Corporation to deliver Common Shares to the Participant in the future in consideration of the performance of services, but subject to the fulfillment of such conditions during the Deferral Period as the Board may specify.

• In addition, the board may adapt the aforementioned plan (including the adjustment or removal of any metrics and achievement scales for the Multiyear Objectives, the inclusion of additional targets for the delivery of any deferred amount of the Award or the increase of the portion corresponding to the Deferred Payment Amount or the extension of the Deferral Period) to any mandatory regulations or administrative interpretation that may prevent the implementation thereof on the approved terms.

More Definitions of Deferral Period

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

Deferral Period means the period commencing on an Interest Payment Date with respect to which the Company defers interest pursuant to Section 2.05 and ending on the earlier of (i) the fifth anniversary of that Interest Payment Date and (ii) the next Interest Payment Date on which the Company has paid all deferred and unpaid amounts (including compounded interest on such deferred amounts) and all other accrued interest on the Notes.

Deferral Period shall have the meaning set forth in Section 4(k)(ii) hereof.

Deferral Period has the meaning assigned thereto in Section 3(b).

Deferral Period shall have the meaning indicated in Section 3(i) hereof.

Deferral Period means the period during which the receipt of a Deferred Stock Award under Section 6 of the Plan will be deferred.

Deferral Period has the meaning specified in Section 3(i) hereof.