Bonus Deferral Election definition

Bonus Deferral Election means an election made pursuant to Section 4.5(b) of the Plan.
Bonus Deferral Election means an election form provided by the Plan Administrator on which an Eligible Executive may elect to defer a portion of such executive's Annual Bonus.
Bonus Deferral Election means an agreement between a Participant and the Company under which the Participant agrees to defer all or a portion of his or her Bonus.

Examples of Bonus Deferral Election in a sentence

  • Also events like blocking and trapping of wave packets at certain positions or propagation of waves through shear currents can be handled without numerical problems.

  • If a Participant experiences an Unforeseeable Financial Emergency described in Section 5.4, then the Participant’s Salary Deferral Election and Bonus Deferral Election shall be cancelled in full for the remainder of the Plan Year and the immediately following Plan Year.

  • A Participant whose Salary Deferral Election and/or Bonus Deferral Election is cancelled under this Section 3.3 may elect to make a Salary Deferral Election and/or Bonus Deferral Election beginning after the period of cancellation set forth in this Section.

  • Notwithstanding anything in this Article III to the contrary, if during a Plan Year, a Participant receives a hardship distribution under a plan described in section 401(k) of the Code that is maintained by the Employer, (1) the Participant’s Salary Deferral Election and Bonus Deferral Election shall be cancelled in full for the remainder of the Plan Year and the immediately following Plan Year.

  • For each Plan Year, a Participant may make a Bonus Deferral Election to reduce his or her Annual Bonus by the Bonus Deferral Amount set forth in an Election Form duly executed and filed with the Employer.


More Definitions of Bonus Deferral Election

Bonus Deferral Election means an election to defer an Annual Bonus as provided in Section 3.2.
Bonus Deferral Election means the Participant’s annual irrevocable written election, made in accordance with Section 3.1 on the form provided by the Plan Administrator, to defer the receipt of a stipulated amount of Bonus. Amounts so deferred are called “Deferrals.”
Bonus Deferral Election means, with respect to calendar or fiscal years beginning on or after January 1, 2009, as applicable, a timely-made election to defer a bonus which does not constitute a Performance Award pursuant to the Plan.
Bonus Deferral Election means the written election by an Eligible Employee, pursuant to Section 5, below, to defer the receipt of all or a portion of any annual or other periodic bonus otherwise payable to the Eligible Employee.
Bonus Deferral Election means an election filed by an eligible employee or Participant pursuant to which the Participant elects to defer receipt of a specified amount of his Bonus Compensation for a Fiscal Year and to have such amount contributed to the Plan as a Deferral Contribution.
Bonus Deferral Election means an election to defer payment of a Bonus until a date specified by the Participant, which date shall not be later than December 31, 2005.
Bonus Deferral Election means an election to defer a portion of a Participant’s Bonus Compensation for any fiscal year of the Company pursuant to the Plan and as set forth in the Participant’s Annual Enrollment Form for the calendar year in which ends the Company’s fiscal year.