Deferred Compensation Award definition

Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.
Deferred Compensation Award means an award granted to a Participant pursuant to Section 11.
Deferred Compensation Award means an Award that is not exempt from Code Section 409A and, thus, could subject the applicable Grantee to adverse tax consequences under Code Section 409A.

Examples of Deferred Compensation Award in a sentence

  • No such Deferred Compensation Award or purported Deferred Compensation Award shall be a valid and binding obligation of the Company unless evidenced by a fully executed Award Agreement.

  • In the event of a sale of all, or substantially all, of their interests in the Evercore LLP by the Corporate Members other than in accordance with clause 33.1, any Deferred Compensation Award granted to a Member prior to that date shall vest upon such sale and become immediately transferable.

  • A Deferral Election (other than an initial Deferral Election) made with respect to a Deferred Compensation Award must meet the timing requirements for a subsequent deferral election as specified in Treasury Regulation Section 1.409A-2(b).

  • The Committee may, in its discretion, provide in any Award Agreement evidencing a Deferred Compensation Award that, in the event of a Change in Control, the Stock Units pursuant to such Award shall be settled effective as of the date of the Change in Control to such extent as specified in such Award Agreement.

  • If any Deferred Compensation Award is payable to a “specified employee” (within the meaning of Treasury Regulation Section 1.409A-1(i)), then such payment, to the extent payable due to the Grantee’s Termination of Service and not otherwise exempt from Code Section 409A, shall not be paid before the date that is six (6) months after the date of such Termination of Service (or, if earlier, such Grantee’s death).


More Definitions of Deferred Compensation Award

Deferred Compensation Award means an Award granted to a Participant pursuant to Section 12.
Deferred Compensation Award means an award granted to a Participant pursuant to Section 13 of the Plan.
Deferred Compensation Award means an Award that is not exempt from Code Section 409A and, thus, could be subject to adverse tax consequences under Code Section 409A.
Deferred Compensation Award means an award of Restricted Stock granted to a Grantee pursuant to Section 17 of the Plan.
Deferred Compensation Award means any Award that is not an Exempt Award.
Deferred Compensation Award means an Award that could be subject to liability under Code Section 409A and does not qualify for an exemption from Code Section 409A coverage.
Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11.