Stock Plan Deferral definition

Stock Plan Deferral means the fair market value stock equivalent or the
Sample 1

Examples of Stock Plan Deferral in a sentence

  • On or after January 1, 1998, amounts credited to a Participant’s Account (except for Stock Plan Deferral subaccount) shall be credited with gains, losses, or interest based upon optional investment directions made by the Participant in accordance with notional investment deferral crediting options and procedures adopted by the Committee from time to time.

  • On or after January 1, 1998, shares, if any, credited to a Participant’s Account (subaccount) as Stock Plan Deferral, shall be maintained and credited or charged, including dividends, stock splits and the like as notional shares only.

  • A Participant who Retires shall receive his or her balance in the Director Stock Plan Deferral Account as a benefit.

  • However, a Participant may not reallocate amounts so moved out of the Stock Plan Deferral subaccount back into it; nor may a Participant allocate other deferral amounts into the Stock Plan Deferral subaccount or reallocate other deferral amounts from other notional investment deferral crediting options into the Stock Plan Deferral subaccount.

  • In addition, a Participant shall be 100% vested in the balance of his/her Stock Plan Deferral subaccount(s), if any, including any dividends, stock splits or the like.

  • Following the Exchange, the provisions of Section 4.2(e) shall apply.Prior to the Exchange, a Participant's Account Balance and Director Stock Plan Deferral Account that is allocated to the Company Stock Fund shall be payable only in Stock, plus cash for any fractional shares.

  • Notwithstanding Section 4.2(b) or any other provision herein to the contrary, reallocation of a Participant's Account Balance and balance in the Director Stock Plan Deferral Account to, and investment of new contributions in, the Company Stock Fund shall cease as of such date preceding the Exchange as is designated by the Committee.

  • A Participant may elect to reallocate some or all of his/her balance in Stock Plan Deferral subaccount into one or more of the other notional investment deferral crediting options as adopted by the Committee from time to time.

  • If a Participant dies after Retirement but before the Director Stock Plan Deferral Account is paid in full, the unpaid benefits shall be paid to the Participant's estate within 60 days after the date of the Participant's death.

Related to Stock Plan Deferral

  • 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.

  • 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.

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

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

  • 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

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • 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 Plan means the UGI Corporation 2009 Deferral Plan.

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

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

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 12 of the Plan.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Optional Deferral Provision means, as to any Qualifying Capital Securities, a provision in the terms thereof or of the related transaction agreements to the effect that:

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

  • 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.

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

  • Salary reduction plan means a benefit plan whereby state and

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

  • 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.

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

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of 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 Period has the meaning set forth in Section 3(h) hereof.

  • Retirement fund means the "Washington law enforcement