Deferred Part definition

Deferred Part means a part of the Bonus subject to deferredpayment in tranches made in the calendar years following the calendar year in which the Bonus amount was determined;
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Deferred Part means a part of the Bonus subject to deferred
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Examples of Deferred Part in a sentence

  • The decision on the occurrence of the event may be taken by the Supervisory Board by the end of the calendar year when the last tranche of the Deferred Part of the Bonus granted for a year in which the event occurred is paid.

  • The Land Registration Regulations provide legal certainty to the owner or control over the land.1Land registration will run if there is legal awareness of the community.

  • The occurrence of any of the events stipulated in Article 17 (1) above may be a reason for reducing or not paying the Deferred Part which has not been paid yet.

  • The occurrence of one of the events stipulated in Article 9 (1) above may be a reason for reducing or not paying the Deferred Part which has not been paid yet.

  • In the case described in Article 17 (1) (2) above, the Deferred Part tranche is granted on the basis of the last supervisor’s opinion about the Risk Taker II - Bank Employee, the score achieved by the Risk Taker II - Bank Employee in the last calendar year of his employment with the Bank or mBank Group and taking into account whether in the last three years of his employment the Risk Taker II - Bank Employee could have had an adverse impact on the Bank’s or mBank Group’s risk profile.

  • In cases justifying the reduction or non-payment of the Deferred Part for reasons other than those specified in Article 17 (4), the decision regarding the reduction or non-payment is taken by the Management Board of mBank.

  • In cases justifying the reduction or non-payment of the Deferred Part for reasons other than those specified in Article 9 (3), the decision regarding the reduction or non-payment is taken by the Supervisory Board.

  • The occurrence of any of the events stipulated in Article 16 (1) above may be a reason for reducing or not paying the Deferred Part which has not been paid yet.

  • The decision on the occurrence of the event may be taken by the Management Board by the end of the calendar year when the last tranche of the Deferred Part of the Bonus granted for a year in which the event occurred is paid.

  • Provided that the conditions defined in the Risk Takers Remuneration Policy are met, the Bonus is paid to a Risk Taker I in the following amount: 1/ 40% of the Bonus - pursuant to Article 6 (Non-deferred Part), 2/ 60% of the Bonus - pursuant to Article 7 (Deferred Part).

Related to Deferred Part

  • Erroneously Awarded Compensation means, with respect to each Executive Officer in connection with an Accounting Restatement, the amount of Clawback Eligible Incentive Compensation that exceeds the amount of Incentive-based Compensation that otherwise would have been Received had it been determined based on the restated amounts, computed without regard to any taxes paid.

  • Accumulated contributions means the sum of all

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).