Deferred Benefits definition

Deferred Benefits means the amounts payable pursuant to the SA Grandfathered Plan to a SA Grandfathered Plan Participant, or to his or her Beneficiary or estate, following the SA Grandfathered Plan Participant’s termination of employment, the Deferred Benefit Commencement Date, Total Disability, or death.

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Deferred Benefits means the amounts payable pursuant to the SA Post-2004 Plan to a SA Post-2004 Plan Participant, or to his or her Beneficiary or estate, following the SA Post-2004 Plan Participant’s Separation from Service, the Deferred Benefit Commencement Date, Disability, or death.

Deferred Benefits means the participant's benefits under the Plan the payment of which have been deferred pursuant to a Deferral Election.

Examples of Deferred Benefits in a sentence

Any installments of Deferred Benefits which are unpaid at a Participant's death shall be paid to the beneficiary designated by the Participant or, in the absence of a surviving beneficiary, to their estate.
Any amounts deferred by a Participant pursuant to Paragraph 3, together with the accrued interest thereon from the investment of such amounts in accordance with Paragraph 5 hereof, shall constitute the Deferred Benefits payable hereunder.
In order to meet its contingent deferred obligation hereunder, the Corporation may, but shall not be required to, set aside or earmark an amount necessary to provide the Deferred Benefits described in Paragraph 4 hereof.
Deferred Benefits shall be distributed or commence to be distributed to a Participant within 30 days after their election to have benefits commence (not less than 5 years hence) or at death, disability, retirement or termination of employment for any reason.
Any amounts deferred by a Participant pursuant to Paragraph 3 or Paragraph 4, and cash dividends and cash payable in lieu of a fractional share that are deferred pursuant to Paragraph 5, and any shares deferred by a Participant pursuant to Paragraph 5, as adjusted for stock dividends and splits, shall constitute the deferred benefits ("Deferred Benefits") payable hereunder.
Deferred Benefits shall be credited to a notional account ("Account") established for each Participant by the Committee.
Notwithstanding the above, the Company may recover at anytime, an amount equal to the excess of the fair market value of the assets of the Trust on the preceding May 31 over 125% of the present value as of the preceding May 31 of the vested Deferred Benefits payable at age sixty-five (65) to Participants in the Plan (or their beneficiaries) on the date the excess amount is requested.
The directions shall be in accordance with Section 7.1(c)(1) of the Plan with respect to Deferred Benefits and in accordance with Section 7.1(c)(2) of the Plan with respect to Death Benefits and in accordance with Section 7.1(c)(3) of the Plan with respect to Salary Deferral Benefits and in accordance with Plan Exhibits B and C with respect to benefits payable under, or pursuant to, Plan Exhibits B and C all as they exist on the day before the date of any Change in Control.
Upon its receipt of such written directions from the Company and provided this Trust has not then terminated pursuant to paragraph (c) of SECTION 6 hereof, the Trustee shall promptly pay such Deferred Benefits as provided in the written directions to the Plan Participant or his beneficiary.
The Corporation, having adopted the Plan, shall have the right, at any time, to discontinue prospectively the Plan, after delivery of written notification to the Participants of its intention and the effective date thereof; provided, however, that any such termination shall not adversely affect a Participant's Deferred Benefits accrued to the date of such termination.

More Definitions of Deferred Benefits

Deferred Benefits means any severance payments and benefits under this Agreement, and any other severance payments or separation benefits to be paid or provided to the Employee (or the Employee’s estate or beneficiaries) that in each case, when considered together, are considered deferred compensation under Section 409A.

Deferred Benefits means Deferred Amounts plus any additions to such Deferred Amounts pursuant to Section 6 herein.

Deferred Benefits means the entitlement of a Terminated Employee, based solely on the records of the Existing U S WEST Group at the Separation Time, to future benefits under one or more of the Deferred Plans. Except as provided in the definition of Terminated Media Employee and Terminated Inc. Employee, a Terminated Employee who, according to such records, is not entitled to any benefits under the Deferred Plans or who has already received all of such benefits prior to the Separation Time does not have any Deferred Benefits.