Lump Sum Award Payments Sample Clauses

Lump Sum Award Payments. Effective for payments made after January 1, 2018, eligible employees may elect to defer up to 100% (in whole percentage increments) of any Lump Sum Award payments (made pursuant to Article 4) on a pre-tax or Xxxx basis into the Plan, subject to IRS contribution limits, at the employee’s annual election and pursuant to procedures established by the Plan Administrator. No Company matching contributions will be made with respect to contributions from Lump Sum Award payments. Lump Sum Award payments eligible for deferral are limited to payments made before the end of the payroll cycle following an employee’s termination of employment.
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Lump Sum Award Payments. 27 28 Effective for payments made after January 1, 2018, eligible employees may elect 29 to defer up to 100% (in whole percentage increments) of any Lump Sum Award 30 payments (made pursuant to Article 4) on a pre-tax or Xxxx basis into the Plan, 31 subject to IRS contribution limits, at the employee’s annual election and pursuant 32 to procedures established by the Plan Administrator. No Company matching 33 contributions will be made with respect to contributions from Lump Sum Award 34
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Lump Sum Award Payments. Effective for payments made after January 27 1, 2018, eligible employees may elect to defer up to 100% (in whole percentage 28 increments) of any Lump Sum Award payments (made pursuant to Article 4) on a pre- 29 tax or Xxxx basis into the Plan, subject to IRS contribution limits, at the employee’s 30 annual election and pursuant to procedures established by the Plan Administrator. 31 No Company matching contributions will be made with respect to contributions from 32 Lump Sum Award payments. Lump Sum Award payments eligible for deferral are 33 limited to payments made before the end of the payroll cycle following an employee’s 34 termination of employment.
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Related to Lump Sum Award Payments

  • Lump Sum Compensation Lump sum computation refers to the method of payment under this Agreement for the professional services of the Consultant.

  • Lump Sum Payments If, during the Employment Period, the Company terminates the Executive's employment other than for Cause, or the Executive terminates employment for Good Reason, the Company shall pay to the Executive the following amounts:

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Lump Sum Payment Upon award of the contract for this improvement, the LA will pay to the STATE, in lump sum, an amount equal to 80% of the LA’s estimated obligation incurred under this Agreement, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs. Method B - Monthly Payments. Upon award of the contract for this improvement, the LA will pay to the STATE, a specified amount each month for an estimated period of months, or until 80% of the LA’s estimated obligation under the provisions of the Agreement has been paid, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs.

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • REFUND OF UNEARNED COMPENSATION The Party of the Second Part agrees to refund the Party of the First Part any compensation received for which no services were rendered. TERMINATION: This contract may be terminated by either party pursuant to law. OTHER CONDITIONS: Any subsequent contracts shall supersede the provisions of this contract. Student Achievement and Accountability instructional staff may be required to serve students in more than one location. Given this, the 15TH OF SEPTEMBER, 2016. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXXXX X. XXXXXX Party of the Second Part, agree as follows:

  • ' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Tax-Deferred Earnings The investment earnings of your IRA are not subject to federal income tax until distributions are made (or, in certain instances, when distributions are deemed to be made).

  • Retirement Bonus 22:01 Employees retiring in accordance with the following:‌

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