Deferred Compensation Award definition

Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.
Deferred Compensation Award means an award granted to a Participant pursuant to Section 11.
Deferred Compensation Award means an Award that is not exempt from Code Section 409A and, thus, could subject the applicable Grantee to adverse tax consequences under Code Section 409A.

Examples of Deferred Compensation Award in a sentence

  • No such Deferred Compensation Award or purported Deferred Compensation Award shall be a valid and binding obligation of the Company unless evidenced by a fully executed Award Agreement.

  • In the case of any Deferred Compensation Award (in addition to Deferred Stock), the provisions of Section 10.4 relating to permitted times of settlement shall apply to such Award.

  • The Committee may, in its discretion, provide in any Award Agreement evidencing a Deferred Compensation Award that, in the event of a Change in Control, the Stock Units pursuant to such Award shall be settled effective as of the date of the Change in Control to such extent as specified in such Award Agreement.

  • A Deferral Election (other than an initial Deferral Election) made with respect to a Deferred Compensation Award must meet the timing requirements for a subsequent deferral election as specified in Treasury Regulations Section 1.409A-2(b).

  • A Deferral Election (other than an initial Deferral Election) made with respect to a Deferred Compensation Award must meet the timing requirements for a subsequent deferral election as specified in Treasury Regulation Section 1.409A-2(b).


More Definitions of Deferred Compensation Award

Deferred Compensation Award means an Award granted to a Participant pursuant to Section 12.
Deferred Compensation Award means an award granted to a Participant pursuant to Section 13 of the Plan.
Deferred Compensation Award means an award of Restricted Stock granted to a Grantee pursuant to Section 17 of the Plan.
Deferred Compensation Award means an Award that could be subject to liability under Code Section 409A and does not qualify for an exemption from Code Section 409A coverage.
Deferred Compensation Award means any Award that is not an Exempt Award.
Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 10 of
Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11.