Examples of Deferred Amounts in a sentence
A Participant’s Deferred Amounts will be credited to the Participant’s Account as soon as practicable (but in no event later than the end of the following month) after the last day of the Fiscal Month during which such Deferred Amounts would, but for deferral, have been paid and will be accounted for in accordance with Section 3.4. No interest will accrue, nor will any adjustment be made to an Account, for the period until the Deferred Amounts are credited.
The Participant’s Deferral Percentage will be applied to each payment of Compensation to which the Participant’s deferral election applies, provided that the aggregate of the Participant’s Deferred Amounts shall not exceed the Participant’s Maximum Deferral.
Change in the director’s principal area of responsibility with his or her company or in his or her employment;3.
Awards which are so deferred will be deemed to have been awarded in cash and the cash deferred as Deferred Amounts.
No interest will accrue, nor will any adjustment be made to an Account, for the period until the Deferred Amounts are credited.