Post-2004 Deferrals definition

Post-2004 Deferrals means the Deferral Credits and Matching Credits made by a Participant on and after January 1, 2005 determined pursuant to Section 7.2 (Amounts Spun-Off).
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Post-2004 Deferrals means that portion of each Participant’s Basic Benefit that is not Pre-2005 Deferrals, including any such amounts that are deferred under Article V of the Plan and any Earnings thereon.
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Post-2004 Deferrals means (a) any amounts deferred under the Plan in any Plan Year that commences after December 31, 2004 and any Earnings thereon (including without limitation any Bonus payable in 2005 with respect to 2004), and (b) any amounts deferred under the Plan prior to January 1, 2005 (and any Earnings thereon) that are not Vested as of December 31, 2004.
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Examples of Post-2004 Deferrals in a sentence

  • If the Plan Participant dies at any time before all amounts in his or her Deferred Payment Accounts have been paid, such remaining amounts shall be paid in a lump-sum to the Plan Participant’s Beneficiary(ies).7.4.a. Optional Payment Method upon Death for Post-2004 Deferrals.

  • A Participant may revise the Initial Deferral Election Form with respect to any particular Calendar Year Subaccount to which Post-2004 Deferrals are credited, subject to the requirements of this Section 6.2, by delivering to the Committee a Subsequent Deferral Election Form, which shall be substantially in the form of Exhibit E attached hereto.

  • Calendar Year Subaccounts that contain Pre-2005 Deferrals, and corresponding hypothetical income, gains and losses attributable thereto, are subject to certain terms that are not applicable to Post-2004 Deferrals, as described herein.

  • Distributions from a Calendar Year Subaccount to which Post-2004 Deferrals are credited will be made in a single sum, unless the Participant elects on the applicable Initial Deferral Election Form to receive distributions from such Calendar Year Subaccount in a number of quarterly installments (not to exceed 40).

  • Calendar Year Subaccounts that contain Post-2004 Deferrals, and corresponding hypothetical income, gains and losses attributable thereto, are subject to certain terms that are not applicable to Post-2004 Deferrals, as described herein.

  • Notwithstanding any other provision of the Plan to the contrary, a Participant may receive payment of all or a portion of any Post-2004 Deferrals credited to any Calendar Year Subaccount one (1) day following the approval by the Committee of a written application for such payment which demonstrates that the Participant has incurred an Unforeseeable Emergency.

  • Subject to Article VI and the requirements of this Section 5.3, the Participant’s Post-2004 Deferrals credited to a particular Calendar Year Subaccount shall be payable to him or her at the time and in the manner specified in his or her Initial Deferral Election Form related to the particular calendar year.

  • Notwithstanding any election made by a Participant, any Post-2004 Deferrals credited to any Calendar Year Subaccount that have not been paid to the Participant as of the date of his or her death shall be paid to the Participant’s Beneficiary in the form elected by the Participant.

  • If the Participant dies after payments of Post-2004 Deferrals credited to any Calendar Year Subaccount have commenced, payments will continue (to the Participant’s Beneficiary) as if the Participant had not died.

  • It is therefore intended that the Post-2004 Deferrals be subject to the rules and restrictions set forth hereunder applicable only to Post-2004 Deferrals, which rules and restrictions are different from those set forth hereunder applicable only to Pre-2005 Deferrals.


More Definitions of Post-2004 Deferrals

Post-2004 Deferrals means any and all deferrals and contributions that are earned by, vested, or allocated to a Participant in the Plan after December 31, 2004.
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Post-2004 Deferrals means the portion of the Participant’s Accounts other than Pre-2005 Deferrals inclusive of any discretionary Company contributions (plus the deemed investment earnings and losses attributable to such amounts) made pursuant to Section 5.8 hereinbelow.
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Post-2004 Deferrals means any and all deferrals and contributions, and earnings thereon, other than deferrals and contributions to which a Participant had a legally binding right to be paid as of December 31, 2004, which right was earned and vested as of December 31, 2004, as well as all earnings accrued on such amounts.
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Post-2004 Deferrals means any portion of a Participant’s Account which as of December 31, 2004 was not earned and vested for purposes of Section 409A of the Code. Post-2004 Deferrals, together with any earnings on any such amounts, shall be subject to Section 409A of the Code. Portions of a Participant’s Account which are not Post-2004 Deferrals, together with any earnings on such amounts, are not intended to be subject to Section 409A of the Code.
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Post-2004 Deferrals means Compensation and Bonus Deferrals and Employer contributions made with respect to a Participant under the Plan on and after January 1, 2005, which are subject to the provisions of the JOBs Act and section 409A of the Code. It is contemplated that Post-2004 Deferrals and any
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Post-2004 Deferrals means the portion of the Participant’s Account other than Pre-2005 Deferrals.
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Related to Post-2004 Deferrals

  • Deferrals means the amount of the Director’s Compensation that the Director elects to defer according to this Agreement.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • Elective Deferrals are all Salary Reduction Contributions and that portion of any Cash or Deferred Contribution which the Employer contributes to the Trust at the election of an Eligible Employee. Any portion of a Cash or Deferred Contribution contributed to the Trust because of the Employee's failure to make a cash election is an elective deferral. However, any portion of a Cash or Deferred Contribution over which the Employee does not have a cash election is not an elective deferral. Elective deferrals do not include amounts which have become currently available to the Employee prior to the election nor amounts designated as nondeductible contributions at the time of deferral or contribution.

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Grandfathered Amounts means, if applicable, the amounts that were deferred under the Plan and were earned and vested within the meaning of Section 409A of the Code and regulations thereunder as of December 31, 2004. Grandfathered Amounts shall be subject to the terms designated in the Adoption Agreement.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Excess Deferrals means, with respect to any taxable year of a Participant, either (a) those elective deferrals within the meaning of Code §§402(g) or 402A that are made during the Participant's taxable year and exceed the dollar limitation under Code §402(g) (including, if applicable, the dollar limitation on Catch-Up Contributions defined in Code §414(v)) for such year; or (b) are made during a calendar year and exceed the dollar limitation under Code §§402(g) and 402A (including, if applicable, the dollar limitation on Catch-Up Contributions defined in Code §414(v)) for the Participant's taxable year beginning in such calendar year, counting only Elective Deferrals made under this Plan and any other plan, contract or arrangement maintained by the Employer.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Deferred Plan means a trust governed by a registered retirement savings plan, registered retirement income fund, registered education savings plan or tax-free savings account.

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Deferral Year means each calendar year during which the Trustee makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.