Deferred Fee Program definition
Deferred Fee Program means the provisions of the Plan that permit Participants to defer all or part of their Compensation.
Deferred Fee Program has the meaning set forth in Section 6.3(c).
Examples of Deferred Fee Program in a sentence
The Parties acknowledge and agree that the Deferred Fee Program is provided for in this Agreement in order to serve as a catalyst for development on the Property, which will, in turn, result in the accelerated payment of Development Impact Fees generally.
In connection with each Subsequent Approval, Prologis shall elect to either: (1) pay the adopted Master Plan Fees, or (2) pay the Deferred Fee Amount under the Deferred Fee Program.