Normal Distribution Date definition

Normal Distribution Date means the later of the Normal Retirement Age or Termination of Employment.

Normal Distribution Date means January 1 of the calendar year following the calendar year of the earlier to occur of the Participant’s attainment of age 70 or Cessation of Service.

Normal Distribution Date means either March 20, June 20, September 20 or December 20, as applicable; provided that if such date is a day on which the New York Stock Exchange is not open for trading, the Normal Distribution Date shall be the next day on which such exchange is open for trading.

Examples of Normal Distribution Date in a sentence

• The Bank shall pay the benefit described in Section 3.1.1 in a single lump-sum payment no later than sixty (60) days following the Normal Distribution Date (the “Normal Payment Date”).

• The first installment payment shall be made on a Participant's Normal Distribution Date, and subsequent installments shall be paid on or about the same date of each subsequent year.

• Upon the Normal Distribution Date, the Company shall pay to the Participant the benefit described in this Section 5.1 in lieu of any other benefit under this Article.

• A Participant may elect to have payment of amounts that are to be paid on his Normal Distribution Date distributed in a lump sum or in annual installments for a period of 5, 10 or 15 years.

• Unless the Participant has elected another available distribution date in his or her executed Deferral Agreement or the Participant dies prior to such date, the vested portion of a Participant’s Account shall be distributed to the Participant on the Participant’s Normal Distribution Date.

More Definitions of Normal Distribution Date

Normal Distribution Date means, with respect to any Restricted Share Award, the third anniversary of the day on which the Shares or ADSs are purchased, or if such date does not fall on a business day, the Normal Distribution Date shall be the following business day.

Normal Distribution Date means the third anniversary of the date on which a Bonus would otherwise be payable to a Participant, or such other date as the Committee shall determine, on which distribution of the value of a Tranche of Restricted Stock Units will be made in accordance with Section 9.1.

Normal Distribution Date means the Participant's last day of service as a Director.

Normal Distribution Date means the third anniversary of the date on which an amount is credited to a Participant’s Matching Sub-Account under Section 6.2 and on which distribution of the value of a Tranche of Restricted Stock Units will be made in accordance with Section 9.2.

Normal Distribution Date means the Participant's last day of service as an Employee.

Normal Distribution Date means the third anniversary of the date on which an amount is credited to a Participant’s Matching Sub-Account under Section 6.2 and on which distribution of such amount (adjusted for earnings) will be made in accordance with Section 9.2.

Normal Distribution Date means the later of the Normal Retirement Age or Termination of Employment, subject to any waiting period set forth on the Election Form.