Deferred Compensation Distribution Election definition

Deferred Compensation Distribution Election means a Participant’s election regarding the time and form of payment of his or her Deferred Compensation Benefit as set forth in Section 5.03.
Sample 1

Examples of Deferred Compensation Distribution Election in a sentence

  • Gowland Vice President and Corporate Secretary Boise Cascade Corporation P.O. Box 50 Boise, ID 83728-0001 FAX: 208/384-6566 Boise Cascade Corporation Form of Director Deferred Compensation Distribution Election Agreement THIS AGREEMENT dated , is between BOISE CASCADE CORPORATION ("the Company") and (the "Director").

  • The Company will execute a warrant agreement (the “Warrant”) which is attached.

  • For each deferral class year, a Participant could have elected to commence payment of his or her Deferred Compensation Investment Account Balance after Separation from Service by making a Deferred Compensation Distribution Election in accordance with the procedures established by the Plan Administrator and within the time frames provided for under The Phoenix Companies, Inc.

  • Within 90 days following the death of a Participant, the value of the Participant’s Benefit, determined as of the date of distribution, will be distributed to the Participant’s Beneficiary in the manner specified in the Participant’s Excess Investment Distribution Election and/or Deferred Compensation Distribution Election.

  • Subject Section 6 hereof, the Deferred Salary, Company Match and Earnings thereon shall be paid to Executive in accordance with the most recent Executive Deferred Compensation Distribution Election Form on file with the Company,provided said form has been received and filed in compliance with Section 409A of the Internal Revenue Code.

  • If the Participant fails to designate a payment schedule in his or her Deferred Compensation Distribution Election Form, or if the entire balance credited to the Participant’s Deferred Compensation account as of the last Accounting Date prior to the Benefit Eligibility Date is less than the applicable dollar amount under Code Section 402(g)(1), then payment shall be made in a single cash lump sum distribution.

  • Subject to Section 6 hereof, the Deferred Salary, Company Match and Earnings thereon shall be paid to Executive in accordance with the most recent Executive Deferred Compensation Distribution Election Form on file with the Company, provided said form has been received and filed in compliance with Section 409A of the Internal Revenue Code.

  • For each deferral class year, each Participant had to make a Deferred Compensation Distribution Election in respect of Annual Incentive or Long-Term Incentive for any class year and elect to receive the amount allocable to such compensation for such class year in either a lump sum payment or in annual installment payment over a period not to exceed 10 years.

  • Notwithstanding the foregoing, the Participant must elect the form of payment in his or her Deferred Compensation Distribution Election Form prior to the deferral of the Deferred Compensation to which it relates, or if made later, then such election must comply with Section 7.9 hereof.

  • For each deferral class year, a Participant could have elected a fixed date to commence payment of any Annual Incentive or Long-Term Incentive credited to a class year under his or her Deferred Compensation Investment Account Balance by making a Deferred Compensation Distribution Election.

Related to Deferred Compensation Distribution Election

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Deferral Period has the meaning set forth in Section 3(i) hereof.

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Deferrals means the amount of the Director’s Compensation that the Director elects to defer according to this Agreement.