Plan Year definition

Plan Year means the calendar year.
Plan Year means a twelve-month period commencing on January 1 and ending on December 31 of each year. The initial Plan Year shall commence on the effective date of this Agreement.
Plan Year means a calendar year.

Examples of Plan Year in a sentence

  • Each Eligible Employee or Director who desires to defer Compensation otherwise payable during a Plan Year must execute a deferral agreement within the period preceding the Plan Year specified by the Administrator.

  • The participation commencement date is the first day of the first Plan Year in which the Participant commenced participation in the Plan.

  • If permitted by Section 8.01(b) of the Adoption Agreement, a Participant’s deferral elections for the remainder of the Plan Year will be cancelled upon a withdrawal due to an Unforeseeable Emergency.

  • A Participant’s Account will be credited for each Plan Year with the amount of his or her elective deferrals under Section 4.1 at the time the amount subject to the deferral election would otherwise have been payable to the Participant and the amount of Employer contributions, if any, treated as allocated on his or her behalf under Article 5.

  • An Eligible Employee or Director who does not timely execute a deferral agreement shall be deemed to have elected zero deferrals of Compensation for such Plan Year.


More Definitions of Plan Year

Plan Year means the Company’s fiscal year.
Plan Year means the fiscal year of the Company.
Plan Year means a period beginning on January 1 of each calendar year and continuing through December 31 of such calendar year.
Plan Year means the 12-month period beginning January 1 and ending December 31.
Plan Year means the period from the Effective Date to December 31st of the year of the Effective Date.
Plan Year means the twelve (12) month period commencing January 1 and ending December 31.
Plan Year means the time period established by the