Bonus Deferral Election definition

Bonus Deferral Election means an election made pursuant to Section 4.4(b) of the Plan.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3

Examples of Bonus Deferral Election in a sentence

  • The Bonus Deferral Election and/or Performance-Based Compensation Deferral Election must be filed with the Committee during the applicable Open Enrollment Period.

  • Except as otherwise provided in this subsection, a Participant’s Performance-Based Bonus Deferral Election under this subsection must be made not later than six months (or such earlier date as determined by the Administrator) prior to the end of the performance period.

  • An Eligible Employee may elect to defer some or all of his or her Bonus by submitting a Bonus Deferral Election to the Administrator prior to the date that is six months before the end of the performance period and in no event later than the date the Bonus has become readily ascertainable.

  • If the employee first becomes an Eligible Employee prior to establishment of the performance criteria for a Bonus, the Eligible Employee may make the Bonus Deferral Election prior to the date that is six months before the end of the performance period but not later than the date the Bonus has become readily ascertainable.

  • Once made, a Bonus Deferral Election (including any election regarding time and form of payment) will continue to apply for subsequent Deferral Periods unless (i) the Eligible Employee submits a new Bonus Deferral Election during a subsequent enrollment period changing the deferral amount or revoking the existing election, or (ii) the Participant is not an Eligible Employee on the last day of a subsequent enrollment period.


More Definitions of Bonus Deferral Election

Bonus Deferral Election means an election to defer an Annual Bonus as provided in Section 3.2.
Sample 1Sample 2Sample 3
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.”
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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.
Sample 1Sample 2
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.
Sample 1Sample 2
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.
Sample 1