Elections Generally. The Executive may annually file a Base Salary, Bonus and Performance-Based Compensation Deferral Election Form and a Benefit Payment Election Form with the Administrator no later than the end of the Plan Year preceding the Plan Year in which services leading to the compensation to be deferred will be performed. The elections shall specify the amount of Compensation to be deferred for the following Plan Year as well as the timing of payment of such Deferrals.
Appears in 4 contracts
Sources: Executive Deferred Compensation Agreement (Riverview Financial Corp), Deferred Compensation Agreement (Riverview Financial Corp), Deferred Compensation Agreement (Riverview Financial Corp)
Elections Generally. The Executive may annually file a Base Salary, Bonus and Performance-Based Compensation Salary Deferral Election Form and a Benefit Payment Election Form with the Plan Administrator no later than the end of the Plan Year preceding the Plan Year in which services leading to the compensation to be deferred such Base Salary will be performed. The elections shall specify the amount of Compensation to be deferred for the following Plan Year as well as the timing of payment of such Deferrals.
Appears in 3 contracts
Sources: Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp)
Elections Generally. The Executive may annually file a Base Salary, Bonus and Performance-Based Compensation Deferral Election Form and a Benefit Payment Election Form with the Administrator no later than the end of the Plan Year calendar year preceding the Plan Year calendar year in which services leading to the compensation to be deferred will be performed. The elections shall specify the amount of Base Salary, Bonus and Performance-Based Compensation to be deferred for the following Plan Year as well as the timing of payment of such Deferralscalendar year.
Appears in 1 contract
Sources: Executive Deferred Compensation Agreement (Riverview Financial Corp)
Elections Generally. The Executive may annually file a Base Salary, and/or Bonus and Performance-Based Compensation Deferral Election Form and a Benefit Payment Election Form with the Plan Administrator no later than the end of the Plan Year calendar year preceding the Plan Year calendar year in which services leading to the compensation to be deferred will be performed. The elections shall specify Additionally, the amount Executive may annually file a Performance-Based Compensation Deferral Election Form with the Plan Administrator no later than June 30 of the calendar year in which services leading to the Performance-Based Compensation to be deferred for the following Plan Year as well as the timing of payment of such Deferralswill be performed.
Appears in 1 contract
Sources: Deferred Compensation Agreement (Alamogordo Financial Corp)
Elections Generally. The Executive may annually file a Base Salary, Bonus and Performance-Performance Based Compensation Deferral Election Form and a Benefit Payment Election Form with the Plan Administrator no later than the end of the Plan Year preceding the Plan Year in which services leading to the compensation to be deferred such Base Salary, Bonus and Performance Based Compensation will be performed. The elections shall specify the amount of Compensation to be deferred for the following Plan Year as well as the timing of payment of such Deferrals.
Appears in 1 contract
Sources: Executive Deferred Compensation Agreement (Riverview Financial Corp)