Common use of Deferred Payments Clause in Contracts

Deferred Payments. The Committee, in its discretion, may permit a Participant to elect to defer receipt of all or any part of any cash or stock payment under the Plan, or the Committee may determine to defer receipt by some or all Participants, of all or part of any such payment. The Committee shall determine the terms and conditions of any such deferral, including the period of deferral, the manner of deferral, and the method for measuring appreciation on deferred amounts until their payout.

Appears in 10 contracts

Samples: Long Term Incentive Plan (Standex International Corp/De/), 1998 Long Term Incentive Plan (Standex International Corp/De/), Stock Based Incentive Plan (Pulaski Financial Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!