Common use of Crediting of Benefits Clause in Contracts

Crediting of Benefits. The Corporation shall have the authority to credit amounts to the Deferred Account of the Participant at any time after the Effective Date. As of the Effective Date, the Corporation and Participant agree and acknowledge that $347,332 has been credited to the Participant's Deferred Account under the Agreement.

Appears in 4 contracts

Samples: Deferred Compensation Agreement (Daktronics Inc /Sd/), Deferred Compensation Agreement (Daktronics Inc /Sd/), Deferred Compensation Agreement (Daktronics Inc /Sd/)

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