Amount of Deferral. An Eligible Employee or Director may elect to defer Compensation in any amount permitted by Section 4.01(a) of the Adoption Agreement.
Amount of Deferral. An Eligible Employee may elect to defer, in whole percentages: 1% to 15% of his base pay (net of salary deferral contributions to a cash or deferred arrangement under section 401(k) of the Code) per pay period; and 1% to 100% of his annual management incentive pay that would otherwise become payable during the Plan Year to which his Deferred Compensation Agreement relates.
Amount of Deferral. 2.1 Representative desires to defer Earnings received from time to time from Broker-Dealer in accordance with and subject to the Plan. The deferral contemplated by this Agreement constitutes a separate Enrollment Period for the purposes of the Plan.
Amount of Deferral. Subject to the limitations set forth in this Agreement, ________ shall be entitled to deferred compensation payments on his continuing employment with the Corporation until he reaches age sixty-five (65) or at such earlier age as provided for in this Agreement. Although the varying amounts payable to ________ as deferred compensation in the event of a termination of his employment prior to his reaching age sixty-five (65) are set forth in this Agreement, no funds or other property shall be set aside for the payment of any amounts due to ________. ________'s rights are limited to the rights to receive payments as provided under this Agreement, and his position with respect thereto is that of a general, unsecured creditor of the Corporation.
Amount of Deferral. $_____ of the Executive's 1997 annual salary will be deferred by the Company, in equal installments, from the semi-monthly salary payments paid to the Executive during such year. The deferred salary is subject to FICA tax at the time the salary payments are made. However, the Executive and the Company agree that the FICA tax will be paid out of the remaining non-deferred balance, if any, of the Executive's semi-monthly salary payments or, if the remaining non-deferred balance is not sufficient to pay the FICA tax, by the Executive's personal check payable to the Company and delivered to the Payroll Department of the Company. Such deferred salary plus interest computed and accrued as set forth in Articles 3 and 4 hereof, (the "Deferred Compensation") will be payable to the Executive, the Executive's designated beneficiary, or the Executive's estate as set forth in Articles 5, 7, and 8 of this Agreement.
Amount of Deferral. 1) A Participant may elect to defer a dollar amount equal to all or any portion of the Fees which are expected to be earned over a six (6) Plan Year period by the Participant. A Participant will not be permitted to elect a deferral of Fees which, in total, exceeds six (6) times the highest annual Fee paid to the Director during the current and next preceding five (5) Plan Years.
Amount of Deferral. Subject to the limitations set forth in this Agreement, Curley shall be entitled to deferred compensation payments on hix xxxxinuing employment with the Corporation until he reaches age sixty-five (65) or at such earlier age as provided for in this Agreement. Although the varying amounts payable to Curley as deferred compensation in the event of a termination of hix xxxloyment prior to his reaching age sixty-five (65) are set forth in this Agreement, no funds or other property shall be set aside for the payment of any amounts due to Curley. Curley's rights are limited to the rights to receive paymexxx xx prxxxxxx xnder this Agreement, and his position with respect thereto is that of a general, unsecured creditor of the Corporation.
Amount of Deferral. The Director may elect to defer a maximum of $1,000.00 per month of his director and committee fees earned from the Bank.
Amount of Deferral. The unpaid Cash Compensation payable to the Director for serving on the Company's Board of Directors (including service on the Board for Old Waste Management, Inc.) for committee fees for Board service from June 1, 1998 to December 31, 1998 and unpaid retainer for September 1, 1998 to December 31, 1998, shall be deferred in accordance with the terms herein. Such Cash Compensation (including unpaid retainer) shall be credited to his or her Phantom Stock Account. Such Phantom Stock Account shall consist of a number of Phantom Stock Units having a Fair Market Value on the Credit Date equal to the dollar amount of fees the Director would otherwise be paid in cash for services from the Effective Date through December 31, 1998.
Amount of Deferral. A Participant may elect to defer receipt of one hundred (100%) percent or fifty (50%) percent of the Cash Compensation payable to the Participant for serving on the Company's Board of Directors for each calendar year for which such deferral is elected. The amount deferred shall be credited to his or her Phantom Stock Account. If a Participant chooses to receive a credit to his or her Phantom Stock Account, a number of Phantom Stock Units having a Fair Market Value on the Election Effective Date equal to the dollar amount of fees the Participant elects to forgo in exchange for Phantom Stock Units shall be credited to such account.
