Redeferral Election definition

Redeferral Election means a change in time or form of payment election described in Section 1.409A-2(b).

Examples of Redeferral Election in a sentence

  • Such Re-deferral Election shall be made in a form prescribed by the Administrator.

  • If such Re-deferral Election is to a designated age the re-deferral shall be for a period not less than one year from the date the Re-deferral Election is made.

  • Such Re-deferral Election shall be made on printed or electronic forms prescribed by the Administrator.

  • Any payment made shall be subject to the Deduction Limitation and the terms of any Redeferral Election.

  • Grantees will be required to complete annual performance reports that describe the projects' accomplishments, evaluations and finances.

  • A Participant may, at any time earlier than twelve (12) months prior to the date on which a distribution of a portion (or all) of a Participant's Account would be payable under the terms of such Payment Election, submit a written election to the Company requesting that the initial distribution date be further deferred (hereinafter a "Redeferral Election").

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  • For Deferred Awards redeferred until Termination, the Executive shall select one of the payment methods outlined in Section 5.04 at the time a Redeferral Election is made.

  • Should an event occur in respect of a Participant who has elected a Fixed Date Payout under Section 4.1 that triggers a payment under Article 5 or 6, such Participant’s Account Balance shall not be paid in accordance with Section 4.1 but shall be paid in accordance with the applicable provision of Article 5 or 6 except as required to comply with the terms of any Redeferral Election.

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Related to Redeferral Election

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

  • Deferral Election Form means each form established from time to time by the Administrator that the Executive completes, signs and returns to the Administrator to designate the amount of Deferrals.

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

  • Distribution Election With respect to any Series, as specified in the related Supplement.

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

  • 10) Election has the meaning set forth in Section 6.05(a).

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

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Deferral Agreement means an irrevocable agreement entered into between a Nonemployee Director and the Company to authorize the Company to reduce the amount of the Nonemployee Director’s Annual Retainer and credit the amount of such reduction to the Plan consistent with the requirements of Section 409A of the Code. A Deferral Agreement shall contain such provisions, consistent with the provisions of the Plan, as may be established from time to time by the Company or the Board, including without limitation:

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

  • Payment Election means an election pursuant to Section 5.1.

  • 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.

  • LCA Election has the meaning specified in Section 1.09(a).

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

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • 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

  • Plan Year means the calendar year.

  • Primary election means any regular primary election held under the election

  • 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 Date means the date Fees would otherwise have been paid to the Participant.

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

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

  • Regular primary election means the election on the fourth Tuesday of June of

  • Special election means an election held as authorized by Section 20A-1-203.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

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