Deferred Savings Plan definition

Deferred Savings Plan means the PPL Deferred Savings Plan.
Deferred Savings Plan means the PP&L Deferred Savings Plan.
Deferred Savings Plan means the PPL Electric Deferred Savings Plan.

Examples of Deferred Savings Plan in a sentence

  • The Employer and the Union agree to continue the Teamster UPS National 401(k) Tax Deferred Savings Plan.

  • Inc., 2005 Supplemental Deferred Savings Plan, effective as of January 1, 2010.

  • Supplemental Deferred Savings Plan ("Prior Plan") for the benefit of eligible management and highly compensated employees of the Company and its Subsidiaries and Business Units.

  • All full-time and casual employees shall continue to be eligible to participate in the Teamsters UPS National 401(k) Tax Deferred Savings Plan in accordance with the terms of that Plan.

  • The WW Deferred Savings Plan was established to supplement the benefits of those participants in the Watson Wyatt & Company Savings Plan for U.S. employees whose company matching contributions to the savings plan are limited by the compensation and elective deferral limitations, or the nondiscrimination requirements, imposed by the IRC.

  • Tax Deferred Savings Plan pool their investments in the Caterpillar Inc.

  • No later than sixty (60) days after ratification of this Agreement, a All full and casual employees shall continue to be eligible to participate in the Teamsters UPS National 401(k) Tax Deferred Savings Plan in accordance with the terms of that Plan.

  • The following description of the CMI Tax Deferred Savings Plan (the Plan) provides only general information.

  • Tax Deferred Savings Plan for Salaried Employees and the Kaplan, Inc.

  • Includes restricted share units acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan"), including the participant's deferral election under the Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Plan.


More Definitions of Deferred Savings Plan

Deferred Savings Plan means the PPL Deferred Savings Plan.2.22 "Participating Company" shall mean PPL (prior to February 14, 2000, PP&L, Inc.), PPL EnergyPlus, LLC (prior to February 14, 2000, PP&L EnergyPlus Co., LLC) and each other Affiliated Company which is authorized by the Board to adopt this Plan by action of its board of directors, as Listed in Appendix A.2.26 "PPL" shall mean PPL Services Corporation and its successors. Prior to February 14, 2000, "PPL" shall mean PP&L, Inc. II. Except for the addition of PPL Telcom, LLC, effective February 5, 2001, and PPLSolutions, LLC, effective January 1, 2002, Appendix A is added effective July 1, 2000 to read:Appendix AParticipating CompanyName Effective Date
Deferred Savings Plan. You are eligible to participate in, and to defer a portion of your incentive award to the Deferred Savings Plan, (the “Deferred Plan”). If you are interested in deferring a portion of your 2009 incentive compensation award to the Deferred Plan, Section 409A (see Code Section 409A) requires that you complete your deferral election at the same time that you execute this offer letter. For your convenience, I have enclosed a Summary of the Deferred Plan and the necessary Deferral Election Form. Please be certain to return this form with your executed offer letter. If you have any questions about the Deferred Plan or the deferral election form, please call Xxxxxxx XxXxxxx-Xxxxxx at 000-000-0000. If you do not elect to defer your incentive award at this time, you may not defer your 2009 incentive award at a later time. Additional information about the Deferred Plan is provided below. Also please understand that if you are interested in deferring any portion of your 2009 base salary to the Deferred Plan, please note that Section 409A of the Internal Revenue Code requires that you complete your deferral election at the same time that you execute this letter. If you fail to timely return your Deferral Election Form, you may not elect to defer your 2009 base salary at a later time.
Deferred Savings Plan means the PP&L Deferred Savings Plan for Managers Compensation Plan Employees. 2.11 "DIVIDEND-BASED CONTRIBUTION" shall mean the contribution made by PP&L or Resources in accordance with Section 4.4.

Related to Deferred Savings Plan

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

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • 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 Plan means the UGI Corporation 2009 Deferral Plan.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

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

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.

  • 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.

  • 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.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • 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.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • 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.

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

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

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Matching Contributions means local cash and/or in-kind contributions made by the Contractor, a subcontractor, or other local resources that qualify as match for the Contract funding.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.