Elected Payment Date definition

Elected Payment Date means the date (if any) elected by a Non-Employee Director pursuant to Section 5 of this Plan for the payment of vested Restricted Stock Units or Stock-Based Awards.

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Elected Payment Date means the date specified on a Participant’s Election Form indicating when a Base Salary Deferral and earnings thereon will be paid or commence to be paid to the Participant. Notwithstanding the foregoing or any language to the contrary set forth on any Participant’s Election Form filed on or before December 31, 2006, to the extent an Election Form indicates a payment is to be made or commence upon “retirement”, the term “retirement” shall mean Termination of Employment by the Participant on or after reaching Normal Retirement Age, as defined herein.

Elected Payment Date means (i) with respect to the Grandfathered Benefit, the first day of any month after a Participant’s Separation from Service elected by the Participant in accordance with Section 5.2 and/or (ii) with respect to the 409A Benefit, the Normal Payment Date, unless the Participant elects the DCP Option in accordance with Section 5.3, or elects to redefer his 409A Benefit into the DCP in accordance with Section 7, in which case Elected Payment Dates shall be determined in accordance with the applicable terms of the DCP.

Examples of Elected Payment Date in a sentence

Such payment shall commence within 60 days following the Executive’s date of death, regardless of whether such payment occurs prior to the Elected Payment Date.
Speizer shall make such payment to Scorpion LLC within thirty (30) days after June 30, 2002 or within one hundred eighty (180) days after the Elected Payment Date, as the case may be.
Subject to Section 4.2.5, the Pension payable to the Executive hereunder shall be a single life annuity commencing on the first day of the month following the month in which the Elected Payment Date (as defined below) occurs, which, when added to the Executive’s Other Retirement Benefits (as defined below), provides the Executive with an annuity for life equal to 45% of his Average Base and Bonus (as defined below).
Any part of such payment made in NAIG common stock or Distributed St▇▇▇ shall be valued at the average closing price of such stock during the fifteen business days preceding and fifteen business days following June 30, 2002; or, if Scorpion has made the election, during the fifteen business days preceding and fifteen business days following the Elected Payment Date.
If Executive makes a valid Deferral Election, payment shall be made (or commence if to be made in installments or annuity form) on the Elected Payment Date.
In the event that the Executive did not elect an Elected Payment Date prior to December 31, 2008, the Elected Payment Date shall be the later of the first day of the month following the month in which (i) the Executive terminates employment with the Company and (ii) the Executive attains age 55.
Any part of such payment made in ▇▇▇▇ common stock or Distributed Stock shall be valued at the average closing price of such stock during the fifteen business days preceding and fifteen business days following June 30, 2002; or, if Scorpion has made the election, during the fifteen business days preceding and fifteen business days following the Elected Payment Date.
In the event that the Executive does not elect an Elected Payment Date prior to December 31, 2008, the Elected Payment Date shall be the later of the first day of the month following the month in which (i) the Executive terminates employment with the Company and (ii) the Executive attains age 55.

More Definitions of Elected Payment Date

Elected Payment Date means the first day of any month after a Participant’s Separation from Service elected by the Participant (i) for the commencement of payment of his Grandfathered Benefit in accordance with Section 5.2 and/or (ii) for the commencement of payment of his 409A Benefit in accordance with Section 5.3, Section 7 or Appendix B; provided, however, that the Elected Payment Dates for the portion of a Participant’s Plan Benefit payable in the DCP Option shall be determined in accordance with the applicable terms of the DCP.

Elected Payment Date means the date elected by a Non-Employee Director pursuant to Section 7 of this Plan.

Elected Payment Date means that date between January 1, 2000 and June 30, 2002 that is elected by Scorpion, by written notice to Speizer two (2) days in advance of such date.

Elected Payment Date means the date set forth on a Participant’s Election Form indicating when the Participant will receive a lump sum payment of the Deferral, or in the case of an installment payment election, the date the installment payments of the Deferral shall commence. Notwithstanding the foregoing or any language to the contrary set forth on any Participant's Election Form filed on or before December 31, 2007, if a Participant elected to be paid (or for payments to commence) upon “Retirement Due to the Attaining of Age 70”, “Retirement” or “Retirement Pursuant to Board Policy”, each of those terms shall be interpreted to mean “Mandatory Retirement Age”, as defined herein.

Elected Payment Date means the first day of any month following a Participant’s Separation from Service elected by the Participant for the commencement of his Plan Benefit in accordance with Section 6.1 or Article 8, as applicable.

Elected Payment Date means the date elected by the Eligible Director or otherwise determined pursuant to Section 8(h) with respect to the applicable Stock Units credited after December 31, 2005, which shall be his or her Payment Date with respect to such Stock Units unless (i) the Eligible Director’s death occurs before the Payment Date so elected or otherwise determined pursuant to Section 8(h) or (ii) in the case of an Eligible Director who has not elected a later Elected Payment Date pursuant to the next to last sentence of Section 8(h) with respect to the applicable Stock Units, the Eligible Director’s Retirement Date occurs before the Payment Date so elected or otherwise determined pursuant to Section 8(h).