Deferred Compensation Payout Sample Clauses

Deferred Compensation Payout. A teacher receiving deferred compensation under the provisions of Section 3 of this Article, shall receive such compensation in the form of a lump sum paid on behalf of the employee to a Health Care Savings Plan administered by the District’s Deferral Payment Plan Provider.
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Deferred Compensation Payout. You will receive distribution of funds in your Capital Accumulation Plan consistent with Plan provisions and subject to the requirements of Code Section 409A.
Deferred Compensation Payout. Consultant shall be paid $33,607.03 in deferred compensation within seven (7) days of the execution of this agreement.
Deferred Compensation Payout. Payments to Executive under the Pacific Enterprises Deferred Compensation Plan for Key Management Employees (the "Deferred Compensation Plan") or any similar or successor plan maintained by any member of the PE Group shall be made without reduction in the interest rate applicable to Executive's account thereunder pursuant to Section VIII.B of the Deferred Compensation Plan or any similar or successor provision of the Deferred Compensation Plan or any similar or successor plan.
Deferred Compensation Payout. Subject to applicable law and regulations, the terms of that deferred compensation agreement between the Company and you, effective July 1, 2002 and amended on May 16, 2004, are amended, such that effective April 1, 2005, any amounts that you have deferred or continue to defer will not earn any interest.
Deferred Compensation Payout. Upon Executive’s termination of employment, Executive will be paid Executive’s account balance under the Travelport Officer Deferred Compensation Plan (the “Deferred Compensation Plan”) in accordance with the terms of the Deferred Compensation Plan.

Related to Deferred Compensation Payout

  • Deferred Compensation Upon the consummation of the Initial Business Combination, the Company will cause the Trustee to pay to the Representative, on behalf of the Underwriters, the Deferred Discount. Payment of the Deferred Discount will be made out of the proceeds of the Offering held in the Trust Account. The Underwriters shall have no claim to payment of any interest earned on the portion of the proceeds held in the Trust Account representing the Deferred Discount. If the Company fails to consummate its Initial Business Combination within the time period prescribed in the Amended and Restated Certificate of Incorporation, the Deferred Discount will not be paid to the Representative and will, instead, be included in the liquidation distribution of the proceeds held in the Trust Account made to the Public Stockholders. In connection with any such liquidation distribution, the Underwriters will forfeit any rights or claims to the Deferred Discount.

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