Specified Date Account definition

Specified Date Account means, with respect to each Participant, that portion of the Participant’s Deferral Account which is determined in accordance with Section 6(d) hereof.
Specified Date Account means, with respect to each Participant, a Sub-Account which is payable pursuant to Section 7(a) hereof.
Specified Date Account means an Account to record the amounts payable at a future time or in accordance with a fixed schedule as specified in the Participant’s Deferral Election, including Cash and RSU subaccounts. A Specified Date Account may be identified in enrollment materials as an “In-Service Account” or such other name without affecting the meaning of this Section.

Examples of Specified Date Account in a sentence

  • If the Participant has established one or more Specified Date Accounts, he or she shall be entitled to a Specified Date Benefit with respect to each such Specified Date Account.

  • The Specified Date Benefit shall be equal to the vested portion of the Specified Date Account, based on the value of that Account as of the end of the month designated by the Participant at the time the Account was established.

  • A Specified Date Account may be identified in enrollment materials as an “In-Service Account” or such other name as established by the Committee without affecting the meaning thereof.

  • The Participant shall specify on his or her Compensation Deferral Agreement the amount of Deferrals and whether to allocate Deferrals to a Retirement/Termination Account or to a Specified Date Account.

  • Unless the Participant has established a Specified Date Account, all Deferrals and Company Contributions shall be allocated to a Retirement/Termination Account on behalf of the Participant.


More Definitions of Specified Date Account

Specified Date Account means a Deferral Account established by the Committee to record the amounts payable to a Participant at a future date as specified in such Participant’s Deferral Election or, as applicable, pursuant to a Supplemental Discretionary Award. Unless otherwise permitted by the Committee, a Participant may maintain no more than five Specified Date Accounts. A Specified Date Account may be identified herein and in enrollment materials as an “In-Service Account”, “Fixed Date Account” or such other name as established by the Committee without affecting the meaning thereof.
Specified Date Account means an Account established by the Administrator to reflect the amounts payable under this Plan to a Participant at a specified future date as specified in the Non-employee Director’s deferral election submitted in accordance with Section 2. Unless otherwise determined by the Administrator, no more than five (5) Specified Date Accounts may be maintained in respect of a Participant. A Specified Date Account may be identified in enrollment materials as an “In-Service Account” or such other name as established by the Administrator without affecting the meaning thereof.
Specified Date Account means an Account established by the Administrator under Section 9.1 to reflect the amounts payable to a
Specified Date Account means an Account established for amounts payable in the form of a Specified Date Distribution, pursuant to Article VII of the Plan.
Specified Date Account means an Account established by the Committee to record the amounts payable in a future year, as specified in the Participant’s Compensation Deferral Agreement. Unless the Committee specifies otherwise during an applicable enrollment, a Participant may maintain no more than five Specified Date Accounts at any one time (other than certain Specified Date Accounts for Deferrals of Equity Awards described in Section 4.2(e)).
Specified Date Account means, with respect to each Participant, a Sub-Account which is payable pursuant to Section 7(a) hereof. “Specified Employee” means an individual (a) who is among the top fifty (50) highest paid U.S. employees of the Company and itssubsidiaries for a calendar year and (b) whose Separation from Service occurs during the twelve (12)-month period commencing on April 1 after the end ofsuch calendar year, but only if, on the date of such Participant’s Separation from Service, the Company or any other entity that is considered a “service recipient” with respect to the Participant within the meaning of Code Section 409A has stock which is publicly traded on an established securities market (within the meaning of Treasury Regulation
Specified Date Account means an Account established pursuant to Section 4.3 that will be paid (or that will commence to be paid) at a future date as specified in the Participant’s Compensation Deferral Agreement. Unless otherwise determined by the Committee, a Participant may maintain no more than five Specified Date Accounts. A Specified Date Account may be identified in enrollment materials as an in-service account.