Common use of Compensation Deferral Elections Clause in Contracts

Compensation Deferral Elections. (a) On or prior to the first day of any Deferral Year, the Director may elect, on the form described in Section 2.1 hereof, to defer the receipt of all or a portion of his Compensation for such Deferral Year. Such writing shall set forth the amount of such Compensation Deferral (in whole percentage amounts). Such election shall continue in effect for all subsequent Deferral Years unless it is canceled or modified as provided below.

Appears in 43 contracts

Samples: Compensation Agreement (Aim Special Opportunities Funds), Oppenheimer Funds (Oppenheimer Quest for Value Funds), Compensation Agreement (Short Term Investments Co /Tx/)

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Compensation Deferral Elections. (a) On or prior to the first day of any Deferral Year, the Director Trustee may elect, on the form described in Section 2.1 hereof, to defer the receipt of all or a portion of his the Compensation for such Deferral Year. Such writing shall set forth the amount of such Compensation Deferral (in whole percentage amounts). Such election shall continue in effect for all subsequent Deferral Years unless it is canceled or modified as provided below.

Appears in 7 contracts

Samples: Deferred Compensation Agreement (Van Kampen Advantage Municipal Income Trust Ii), Deferred Compensation Agreement (Van Kampen Trust for Investment Grade Municipals), Deferred Compensation Agreement (Van Kampen High Income Trust Ii)

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