Deferral Subaccount definition

Deferral Subaccount means a Subaccount under the Participant's Account to which Deferrals are credited for a given Plan Year.

Deferral Subaccount means the subaccount maintained to reflect the Participant’s deferrals of Compensation, including amounts previously credited to a Participant’s Deferral Subaccount in the Prior Plan that are transferred to this Plan pursuant to Section 4.2, and any earnings thereon.

Deferral Subaccount means the subaccount maintained to reflect the Eligible Director’s elective deferral of fees and any earnings thereon.

Examples of Deferral Subaccount in a sentence

• Where appropriate, a reference to a Participant’s Account shall include a reference to each applicable Deferral Subaccount that has been established thereunder.

• Notwithstanding the foregoing, the Plan Administrator reserves the right to make payments in accordance with a divorce decree, judgment or other court order as and when cash payments are made in accordance with the terms of this Plan from the Deferral Subaccount of a Participant.

• In determining the amount of any individual distribution pursuant to this Article, the Participant’s Deferral Subaccount shall continue to be credited with earnings and gains (and debited for expenses and losses) as specified in Article V until the Distribution Valuation Date that is used in determining the amount of the distribution under this Article.

• Basic Deferrals shall not be paid to the Participant, but shall be withheld from amounts otherwise payable to the Participant, and an amount equal to the Basic Deferrals for the Plan Year shall be credited to the Participant’s Basic Deferral Subaccount under the Plan.

• Such Bonus Deferrals and/or Performance-Based Compensation Deferrals shall not be paid to the Participant, but shall be withheld from the amounts otherwise payable to the Participant and credited to the Participant’s applicable Deferral Subaccount under the Plan.

More Definitions of Deferral Subaccount

Deferral Subaccount means the Subaccount to which a Participant’s Deferrals for a particular year are credited.

Deferral Subaccount means the subaccount of a Participant's Account maintained to reflect the Participant's interest in the Plan attributable to his deferrals of Compensation and earnings or losses credited to such account.

Deferral Subaccount means the subaccount maintained to reflect the Participant's deferral of Compensation, including amounts previously credited to a Participant's Deferral Subaccount in the Prior Plan and transferred to this Plan as of the Effective Date, and any earnings thereon.

Deferral Subaccount means the bookkeeping account maintained by the Company for each Participant that is credited with amounts equal to (i) the portion of the Participant’s Director Payments that he or she elects to defer, and (ii) earnings and losses attributable thereto.

Deferral Subaccount means the subaccount of a Participant's Account maintained to reflect his interest in the Plan attributable to his deferrals of Compensation.

Deferral Subaccount means a separate subaccount within a Participant’s Deferral Account maintained on the books of the Company pursuant to Article VI.

Deferral Subaccount. A subaccount of a Participant's Account maintained to reflect his or her interest in the Plan attributable to each deferral (or separately tracked portion of a deferral) of Base Compensation, Bonus Compensation, Performance Unit Payout and Stock Option Gains, respectively, and earnings or losses credited to such subaccount in accordance with Section 4.1(b).