Crediting of Deferred Fees. The portion of a Director's Fees that is deferred pursuant to a Deferral Commitment shall be credited promptly following each Plan Year to the Director's Deferred Fee Account as of the date the corresponding non-deferred portion of his or her Fees would have been paid to the Director.
Appears in 3 contracts
Samples: Trust Agreement (Cliffs Natural Resources Inc.), Trust Agreement (Cleveland Cliffs Inc), Trust Agreement (Cleveland Cliffs Inc)
Crediting of Deferred Fees. The portion of a Director's ’s Fees that is deferred pursuant to a Deferral Commitment shall be credited promptly following each Plan Year to the Director's ’s Deferred Fee Account as of the date the corresponding non-deferred portion of his or her Fees would have been paid to the Director.
Appears in 1 contract
