Special Deferred Compensation definition

Special Deferred Compensation means deferred compensation paid to senior officers and other executive employees of MCC and any Subsidiary of MCC to the extent (a) paid by MCC in cash and concurrently reimbursed in cash by ▇▇▇▇▇▇▇ or another Affiliate of MCC (not including MCC or any Restricted Subsidiary of MCC), (b) paid by MCC through the delivery of shares of Class A Common Stock of Mediacom or (c) paid in cash (or through the delivery of shares of Class A Common Stock of Mediacom) by ▇▇▇▇▇▇▇ or another Affiliate of MCC (not including MCC or any Restricted Subsidiary of MCC), but treated as an expense of MCC and its Restricted Subsidiaries that is offset by a deemed capital contribution to MCC and its Restricted Subsidiaries by such Affiliate.
View Source
Special Deferred Compensation means deferred compensation paid to senior officers and other executive employees of MCC, the Borrower and any Subsidiary of MCCof their respective Subsidiaries to the extent (a) paid by MCC or the Borrower in cash and concurrently reimbursed in cash by ▇▇▇▇▇▇▇, Pesto, MPG Holdings or another Affiliate of MCC or the Borrower (not including MCC, the Borrower or any Restricted Subsidiary of MCCof their respective Subsidiaries), (b) paid by MCC through the delivery of shares of Class A Common Stock of Mediacom or (c) paid in cash (or through the delivery of shares of Class A Common Stock of Mediacom) by ▇▇▇▇▇▇▇ or MPG Holdings or another Affiliate of MCC or the Borrower (not including MCC, the Borrower or any Restricted Subsidiary of MCCof their respective Subsidiaries), but treated as an expense of MCC, the Borrower and its Restrictedtheir respective Subsidiaries that is offset by a deemed capital contribution to MCC, the Borrower and its Restrictedtheir respective Subsidiaries by such Affiliate.
View Source
Special Deferred Compensation means the compensation deferred pursuant to the Special Deferred Compensation Plan and those certain underlying agreements between the Corporation and a current Employee.
View Source

Examples of Special Deferred Compensation in a sentence

  • Incentive Award and Special Deferred Compensation Award Program as of the Effective Date.

  • Vested Special Deferred Compensation will be paid to you in a single lump-sum amount, with interest accrued through the date of the lump-sum payment, at your option and with the consent of the Company.

  • Voluntary termination under this section shall not cause loss of entitlement to the Special Deferred Compensation Plan of Section 3(d) as noted in Exhibit B, Section (D).

  • The terms and conditions of the Money Purchase Plan are further described in and controlled by the provisions of the Money Purchase Special Deferred Compensation Plan document.

  • In addition to any salary or other compensation which may be payable to you from time to time, the Company will further compensate you by payment, in a one-time lump-sum amount ("Special Deferred Compensation") of One Hundred Forty Thousand Dollars ($140,000) as of April 1, 2004.

  • Credits equivalent to interest will be earned on any Special Deferred Compensation ultimately payable to you in accordance with the terms and conditions of the Plan for Credits Equivalent to Interest on Balances of Deferred Compensation Owing under Employment Agreements (the "Plan"), adopted effective January 1, 1974 by The Interpublic Group of Companies, Inc.

  • Notwithstanding any other provision hereof, except as expressly provided otherwise in the Money Purchase Special Deferred Compensation Plan document, deposits and interest so credited shall be paid to the Executive upon employment termination for any cause whatsoever.

  • Special Deferred Compensation Account: Beginning on your date of hire, $190,000 will be credited in your name in an individual Deferred Compensation Account (DCA).

  • Employee shall be a participant in the Special Deferred Compensation Plan of the Company, the terms of which appear in Exhibit B attached hereto.