Deferred Account definition

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.
Deferred Account means an unfunded account within which a Participant’s deferred Awards and accrued interest are accumulated.
Deferred Account means the account into which shall be credited the Tax-Deferred Contributions made on a Member’s behalf and earnings on those contributions.

Examples of Deferred Account in a sentence

  • In the event the Trustee fails to properly designate a Beneficiary, the balance of such Trustee's Deferred Account shall be paid in a lump sum to such Trustee's estate.

  • All amounts in the Executive's Deferred Account shall be subject to the claims of the creditors of Holdings.

  • With respect to the Investors A Units, Holdings shall credit Employee's Deferred Account with any distributions made in respect of such Investors A Units pursuant to or in accordance with Sections 4.4(a)(i) and 4.4(a)(ii) of the Investors' Amended and Restated Limited Liability Company Agreement, dated April 10, 2001 (the "Investors LLC Agreement").

  • In the event Investors distributes non-cash property to holders of Investors A Units pursuant to Sections 4.4(a)(i) or 4.4(a)(ii) of the Investors LLC Agreement, Holdings shall credit Executive's Deferred Account in an amount equal to the fair market value of such property, as determined by the Management Committee of Investors.

  • Executive's Deferred Account shall not be credited with any distributions made in respect of Investors A Units pursuant to or in accordance with any subsections of Section 4.4 of the Investors LLC Agreement other than Sections 4.4(a)(i) and 4.4(a)(ii) thereof.


More Definitions of Deferred Account

Deferred Account means a bookkeeping reserve account established in the books of the Company and maintained in accordance with Section 5, below, to record Compensation which an Eligible Director has elected to defer, plus earnings and minus losses thereon.
Deferred Account means the bookkeeping account maintained for each Participant covered under this Appendix A to record the portion of Base Salary deferred under this Plan which was credited as a Salary Deferral under the ITT Industries Excess Savings Plan (or any predecessor plan) prior to January 1, 1996.
Deferred Account means an account established for a Participant under Section 10.1.
Deferred Account means the account established by the Company for each Director who elects to defer the Fees payable to him as a Director.
Deferred Account means the bookkeeping account established under Section 3.1 established on behalf of a participant, and includes any deemed earnings credited thereon.
Deferred Account means the account established under the Plan for each Participant who elects to defer receipt of benefits under Section 6.3. A Deferred Account shall consist of subaccounts as selected by the Participant, which may be a Retirement Account and an In-Service Account. The Deferred Account is 100% Vested.
Deferred Account or "Accounts" shall mean the account established on the books of the Corporation for a Grantee, and which is composed of Elective Deferred Accounts (for Performance Awards, or portions of such awards, that Corporate Officer Grantees have elected to defer pursuant to Section 7.1) and Non-Elective Deferred Accounts (for the Performance Awards that have been deferred in whole or in part by the Committee pursuant to Section 6.3).