Seller Deferred Compensation Plan definition

Seller Deferred Compensation Plan means the Peoples Federal Savings and Loan Association of Massillon Deferred Compensation Plan, as amended.
Seller Deferred Compensation Plan shall have the meaning set forth in Section 5.2(b).
Seller Deferred Compensation Plan means the Xxxxxxx Xxxxx and Xxxxxx Supplemental Retirement Account Plan, as amended from time to time.

Examples of Seller Deferred Compensation Plan in a sentence

  • The Seller Deferred Compensation Plan complies with Section 409A of the Code in form and operation with respect to all Deferred Compensation Plan Participants.

  • From and after the Closing, Buyer and the Buyer Deferred Compensation Plans shall assume all Liabilities with respect to or relating to Business Employee DCP Participants under the applicable Seller Deferred Compensation Plan, and Sellers and their Affiliates and the Seller Deferred Compensation Plans shall be relieved of all such Liabilities under such Seller Deferred Compensation Plans with respect to the Business Employee DCP Participants.

  • Neither Seller nor any “rabbi trust” associated with the Seller Deferred Compensation Plan will transfer any cash or assets to the Purchaser or its Affiliates (or to any “rabbi trust” associated with the Purchaser’s or its Affiliate’s deferred compensation plan).


More Definitions of Seller Deferred Compensation Plan

Seller Deferred Compensation Plan means the Deferred Compensation Plan of Xxxx Xxxxx & Sons, Inc., as amended and restated effective as of January 1, 2016, including amendments through December 31, 2016 (as it may be further amended or amended and restated or otherwise modified from time to time). “Seller Disclosure Schedule” means the disclosure schedule of Seller delivered to Buyer in connection with the execution and delivery of this Agreement.
Seller Deferred Compensation Plan means the Deferred Compensation Plan of Xxxx Xxxxx & Sons, Inc., as amended and restated effective as of January 1, 2016, including amendments through December 31, 2016. “Seller Fundamental Representations” means the representations and warranties made in Section 5.01 (Formation, Qualification and Authority of the Selling Parties), Section 5.02 (Formation, Qualification and Authority of the Transferred Entities) (solely as it relates to the
Seller Deferred Compensation Plan means the Actuant Corporation Deferred Compensation Plan, under which, for the avoidance of doubt, any payments or other obligations shall remain at all times Liabilities of Seller.

Related to Seller Deferred Compensation Plan

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

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

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

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

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • 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.

  • Deferred Compensation means the Compensation elected by the Participant to be deferred pursuant to the Plan.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • 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.

  • 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.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • 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.

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

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Seller Benefit Plan means each Employee Benefit Plan sponsored, maintained or contributed to by a Seller or any of its Affiliates or with respect to which a Seller or any of its Affiliates has, or could reasonably be expected to have, any direct or indirect Liability.

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • 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).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • 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.

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

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).

  • 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.