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 means a benefit under the Plan payable to a deferred vested participant at normal retirement age;
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.
Examples of Deferred Benefit in a sentence
Separate Deferred Benefit Accounts shall be maintained for each Participant.
A Participant's Deferred Benefit Account shall not constitute or be treated as a trust fund of any kind.
A Deferred Benefit is at all times a mere contractual obligation of the Company.
A distribution under this section is in lieu of that portion of the Deferred Benefit that would have been paid otherwise.
The amount credited to a Participant's Deferred Benefit Account shall equal the amount deferred.
More Definitions of Deferred Benefit
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.
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 available to a Participant who has executed a valid Deferral Election Form or Rollover Election Form.
Deferred Benefit means a Participant’s Deferred Cash Account and Deferred Stock Account under the Plan.