Employee Deferred Compensation Sample Clauses

Employee Deferred Compensation. All employee deferred compensation plans approved by the District shall be made available to employees.
AutoNDA by SimpleDocs
Employee Deferred Compensation. AOL and TWX hereby acknowledge that each AOL LLC Employee and Former AOL LLC Employee whose name is set forth on Schedule 8.01(A), 8.01(B) or 8.01(C) (i) has an outstanding deferred compensation account balance under a TWX Nonqualified Plan or (ii) is an individual to whom AOL LLC has nonqualified deferred compensation Liabilities, in each case, as of the date of this Agreement, and no other AOL LLC Employee or Former AOL LLC Employee has an outstanding deferred compensation account balance under a TWX Nonqualified Plan or is an individual to whom AOL LLC has nonqualified deferred compensation Liabilities.
Employee Deferred Compensation. NEW AGREEMENT □ CONTRIBUTION CHANGE The Employee authorizes the Employer to make Deferred Compensation contributions to the above employer’s 457(b) plan effective: *, equal to a NEW TOTAL of: □ $ _ MONTHLY -OR- □ $ PER PAY -OR- □ % OF PAY Prior Monthly Contribution Amount: $ Catch-Up Option being utilized: □ Age 50+ -OR- □ Last 3 Yrs. Before Retirement * (The Code requires that the Employer receive this Agreement before the first day of the month in which contributions will begin or change. If necessary to meet that requirement, the Employer reserves the right to change the effective date of contributions.) It is understood and agreed between the parties that the 457(b) Employee Deferred Compensation contract purchased hereunder is required to be owned by the Employer for the exclusive benefit of participants and their beneficiaries.
Employee Deferred Compensation. NEW AGREEMENT # CONTRIBUTION CHANGE The Employee authorizes the Employer to make Deferred Compensation contributions to the above EDC effective: *, equal to a NEW TOTAL of: # $ MONTHLY -OR- # $ PER PAY -OR- # % OF PAY Prior Monthly Contribution Amount: $ Catch-Up Option being utilized: # Age 50+ -OR- # Last 3 Yrs. Before Retirement * (The Code requires that the Employer receive this Agreement before the first day of the month in which contributions will begin or change. If necessary to meet that requirement, the Employer reserves the right to change the effective date of contributions.) It is understood and agreed between the parties that the 457(b) Employee Deferred Compensation contract purchased hereunder is required to be owned by the Employer for the exclusive benefit of participants and their beneficiaries.
Employee Deferred Compensation. 8. Compensation paid to the Employee for the services rendered by the Employee will be deferred as required by this Agreement (the "Compensation"), it will include a deferred salary of $1,000.00 (U.S. dollars) per month without any possibility of compensation pay for Overtime Hours. The Employees salary will defer until the Company has enough earnings to remunerate the Employee.

Related to Employee Deferred Compensation

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • 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.

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