Deferred Plan definition
Examples of Deferred Plan in a sentence
This service credit shall be deposited in the teacher’s account with a School District’s Qualified Tax Deferred Plan as soon as administratively possible after the last day the teacher receives pay before they retire.
Upon death, unvested Units will vest immediately, and shares of Common Stock will be distributed to your estate as soon as practicable thereafter, or, with respect to deferred Units, will be distributed in accordance with the terms of the Directors Deferred Plan.
Any and all amounts that Employee elects to defer shall be held and administered in accordance with the terms and provisions of any such Deferred Plan.
If a transfer to the Deferred Plan has been made pursuant to Section A.6 hereof, payments made to the Executive from the Deferred Plan (a) shall be deemed made first from the amounts transferred to the Deferred Plan pursuant to Section A.6 and (b) shall be deemed made first out of Account Retained Income.
This service credit shall be deposited in the teacher's account with a School District's Qualified Tax Deferred Plan as soon as administratively possible after the last day the teacher receives pay before they retire.