Deferred Cash Account definition

Deferred Cash Account means the bookkeeping account established under Section 3.5(b) on behalf of a participant, and includes any Interest Return credited thereto pursuant to Section 3.7(a).
Deferred Cash Account means that bookkeeping record established for each Director who elects to defer some or all of their Cash Compensation for a Compensation Year. A Deferred Cash Account is established only for purposes of measuring a Deferred Cash Benefit and not to segregate assets or to identify assets that may or must be used to satisfy a Deferred Cash Benefit. A Deferred Cash Account will be credited with the Director’s Cash Compensation deferred as a Deferred Cash Benefit according to a Deferral Election Form and according to Section 7.3 of this Plan. A Deferred Cash Account will be credited periodically with interest, earnings and losses pursuant to Section 7.3(b) of this Plan.
Deferred Cash Account means the account established to record a Participant's Directors Fees which have been credited in accordance with paragraph 6.

Examples of Deferred Cash Account in a sentence

  • All distributions from a Participant's Deferred Cash Account and Deferred Stock Unit Account shall be subtracted when such distributions are made.

  • Subtractions from Deferred Cash Account and Deferred Stock Unit Account.

  • There shall be credited to each Participant's Deferred Cash Account an amount representing interest on the balance of such account.

  • For purposes hereof, a Participant's Deferral Benefit shall be the balance in his Deferred Cash Account and his Deferred Stock Unit Account at the time in question.

  • The balance in a Participant's Deferred Cash Account and Deferred Stock Unit Account.


More Definitions of Deferred Cash Account

Deferred Cash Account means the bookkeeping account established by the Company for a Participant under Section 5.01.
Deferred Cash Account means that bookkeeping record established for each Participant to reflect the status of the Participant’s Deferred Cash Benefit under this Plan. A Deferred Cash Account: (i) is established only for purposes of measuring a Deferred Cash Benefit and not to segregate assets or to identify assets that may or must be used to satisfy a Deferred Cash Benefit; (ii) will be credited with that portion of the Participant’s Retainer Fee deferred as a Deferred Cash Benefit according to a Deferral Election Form; and (iii) will be credited periodically with earnings and losses as provided under Section 5.
Deferred Cash Account means the bookkeeping account for Deferred Cash established for a Director pursuant to Section 5.
Deferred Cash Account means the bookkeeping account to which Deferred Cash is credited.
Deferred Cash Account means a bookkeeping account maintained by the Company for a Non-Employee Director representing the Elective Cash Amount, if any, credited to such account pursuant to Section 6.
Deferred Cash Account means the deferred cash account established in the name of an employee or independent contractor, as specified in Section 6(h).
Deferred Cash Account means the bookkeeping account established to record the interest of a Participant with respect to deferred bonus amounts that are not deemed invested in Shares.