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.