Compensation Deferrals definition

Compensation Deferrals means the amounts credited to a Participant’s Compensation Deferral Account pursuant to the Participant’s election made in accordance with subsection 4.1.

Compensation Deferrals means the amounts credited to Participants' Accounts under the Plan pursuant to their deferral elections made in accordance with Section 2.1.

Compensation Deferrals means the compensation deferred by a Participant pursuant to Section 3.1 of this Plan.

Examples of Compensation Deferrals in a sentence

• In the event that Deferrals cease due to a lack of Compensation, Deferrals shall recommence upon the termination of the leave of absence without further action by the Participant.

• For purposes of Section 4.1, a Participant is not treated as having made Compensation Deferrals or Roth Compensation Deferrals to the extent excess deferrals are distributed.

• Compensation Deferral Account - The portion of a Participant's Account attributable to Compensation Deferrals made by a Participant as set forth in Section 4.1(a).

• Notwithstanding the preceding, Compensation Deferrals and/or Roth Compensation Deferrals will only continue if an Employee receives Compensation which is reported on a W-2.

• An Employee hired before June 6, 2010 may not participate unless he or she has completed an application in such manner as may be required by the Administrator, including an agreement to: (a) make Compensation Deferrals or Roth Compensation Deferrals as provided in Section 4.1 or (b) establish a Rollover Account under Section 4.3. An Employee also becomes a Participant if he or she has an account transferred to the Plan under Section 4.5(b).

More Definitions of Compensation Deferrals

Compensation Deferrals means the amount of Compensation deferred under the Plan pursuant to Section 3.1.

Compensation Deferrals means the percentage or dollar amount of an Eligible Employee’s Compensation which the Eligible Employee elects to defer pursuant to Section 3.1.

Compensation Deferrals means an amount contributed to this Plan by the Company in lieu of being paid to a Participant as salary or wages. Compensation Deferrals shall be made under salary reduction arrangements between each Participant and the Company with respect to salary or wages not yet paid or otherwise available to the Participant as of the date of the Participant's election under the arrangement. Section 3.2 contains the provisions under which Compensation Deferrals may be made.

Compensation Deferrals means the Basic Deferrals, Supplemental Deferrals and Discretionary Deferrals made pursuant to Section 4.1 of the Plan.

Compensation Deferrals means the amounts credited to Participants’ Accounts under Section 3.1.

Compensation Deferrals means the amounts credited to a Participant's Compensation Deferral Account pursuant to the Participant's election made in accordance with subsection 4.1.

Compensation Deferrals means the percentage or dollar amount of a Participant’s Compensation which the Participant elects to defer pursuant to Article III of this Plan.