Definition of Post-2004 Deferral Account

  1. Post-2004 Deferral Account means the value of a Participant's Deferral Account less the value of the Participant's Pre-2005 Deferral Account, together with the credited Investment Gain or Loss attributable to such Account. The Post-2004 Deferral Account shall be subject to Code section 409A and applicable guidance thereunder.

Examples of Post-2004 Deferral Account in a sentence

  1. However, the Company may pay the Participant the amount credited to the Participants Post-2004 Deferral Account at any time after the Plan is terminated if the payment is permitted by Section 409A of the Internal Revenue Code.

Definition of Post-2004 Deferral Account in Director Deferred Fee Agreement

Post-2004 Deferral Account means the separate account established and maintained for the Director to which shall be credited or debited to the extent not inconsistent with Code Section 409A: (a) amounts equal to the Directors accumulated Deferrals under the Agreement after December 31, 2004; and (b) accrued interest.


Definition of Post-2004 Deferral Account in Deferred Compensation Plan

Post-2004 Deferral Account means the value of a Participant's Deferral Account less the value of the Participant's Pre-2005 Deferral Account, together with the credited Investment Gain or Loss attributable to such Account. The Post-2004 Deferral Account shall be subject to Code section 409A and applicable guidance thereunder.