Standard Deferral Account definition

Standard Deferral Account means an account maintained to reflect a Trustee’s Compensation Deferrals made under this Plan with respect to Compensation payable by a Fund other than a Rule 2a-7 Fund, as well as any other credits or debits thereto.
Standard Deferral Account means the account established by the Company in the Director's name to which deferrals made in accordance with the Standard Deferral Provisions of the Plan are credited.

Examples of Standard Deferral Account in a sentence

  • In the event that any Investment Option under which any portion of the Standard Deferral Account is deemed to be invested ceases to exist, such portion of the Standard Deferral Account thereafter shall be deemed to be invested in the successor to such Investment Option, subject to subsequent investment elections.

  • Compensation Deferral from Rule 2a-7 Funds shall be credited to the Rule 2a-7 Deferral Account and Compensation Deferral from the Funds that are not Rule ea-7 Funds shall be credited to the Standard Deferral Account on the day that the Compensation deferred would otherwise have been paid to a Director and shall be deemed invested pursuant to Section 2.4. The Deferral Accounts shall be debited to reflect any distributions from such Deferral Accounts.

  • The Standard Deferral Account shall be deemed to be invested in accordance with Investment Options selected by a Director, provided such designations conform to the provisions of this Section.

  • With respect to the Standard Deferral Account, a Director may identify Class A shares of one or more of the notional investment options made available from time to time by the Board (the “Investment Options”) to be used as the basis for determining the valuation of his or her portion of the Deferral Account.

  • The value of a Director’s portion of the Standard Deferral Account, as of any date, will be equal to the value such account would have had if the amount credited to it had been invested and reinvested in shares of the Investment Options designated by the Director (the “Designated Shares”).

  • The amount of the notional earnings credited to a Director’s portion of the Standard Deferral Account shall be determined by using the Investment Options selected by the Director to measure the hypothetical performance.

  • BSC shall establish two bookkeeping Deferral Account (a Rule 2a-7 Deferral Account and a Standard Deferral Account) to which will be credited an amount equal to each Director’s Compensation Deferral under this Plan.

  • Any changes to the available investment media and any limitations on the maximum or minimum percentages of the Trustees’ Standard Deferral Account or Fund Contribution Account that may be deemed invested in particular investment media shall be communicated to the Trustees from time to time by an Appropriate Officer of the Funds.

  • With respect to the Standard Deferral Account and the Fund Contribution Account, a Trustee may designate a deemed investment of all or part of such Accounts in various “investment media” made available by the Funds as set forth in Exhibit B, up to a maximum of ten.

  • The investment media shall be used solely for the purpose of determining hypothetical investment gains and losses to be credited to a Trustee’s Standard Deferral Account or Fund Contribution Account as of each Valuation Date, and the Funds shall have the right, but no obligation, to actually invest such Accounts in the investment media selected.

Related to Standard Deferral Account

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

  • 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

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • 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;

  • 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.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • 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.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

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

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

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

  • 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 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.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • 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.

  • 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.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.