Deferred Benefit definition

Deferred Benefit means a benefit under the Plan payable to a deferred vested participant at normal retirement age;

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Deferred Benefit means an amount that will be paid on a deferred basis under the Plan to a Non-Employee Director who has made a Deferral Election pursuant to Section 7.

Deferred Benefit means the sum of (i) any amount that will be paid on a deferred basis under the Plan to a Non-Employee Director who has made a deferral election pursuant to Section 5 plus (ii) the amount payable with respect to the Annual Units.

Examples of Deferred Benefit in a sentence

The Executive's accounts under the Playtex Products Profit-Sharing Retirement Plan and Deferred Benefit Equalization Plan shall become fully vested as of immediately prior to the consummation of the Change of Control.
A Director’s Deferred Benefit Account shall not constitute or be treated as a trust fund of any kind.
For purposes of this Agreement, “Retirement” means “normal retirement” or “early retirement,” as each term is defined in the Park National Corporation Deferred Benefit Pension Plan.
The interest rate shall be applied to the average balance in the Deferred Benefit Account since the last April 30.
In lieu of this survivor benefit, the Director’s designated beneficiary may elect to receive the balance in the Director’s Deferred Benefit Account over a period of 10 years as provided in paragraph 3.

More Definitions of Deferred Benefit

Deferred Benefit means either a Deferred Cash Benefit or a Deferred Stock Benefit under the Plan for a Director who has submitted an operative Deferral Election Form pursuant to Article 7 of this Plan.

Deferred Benefit shall have the meaning stated in Section 5.4.

Deferred Benefit means the amount added to a Deferred Participant’s Deferral Account at each time of reference.

Deferred Benefit means the amount that will be paid on a deferred basis under the Plan to a Participant who has made a Deferral Election. A Participant’s Deferred Benefit will equal the Account Value of his or her Deferred Compensation Account, calculated as provided herein.

Deferred Benefit means an amount that will be paid on a deferred basis under the Plan.

Deferred Benefit means the benefit payable under the Plan, which shall be payable in accordance with Section 7 hereof.

Deferred Benefit means the benefits payable under the Plan which shall be payable in accordance with Sections 6, 7 and 8 hereof.