Common use of Participant Deferral Credits Clause in Contracts

Participant Deferral Credits. To the extent provided in the Adoption Agreement, each Active Participant may elect, by entering into a Participation Agreement with the Employer, to defer the receipt of Compensation from the Employer by a dollar amount or percentage specified in the Participation Agreement. The amount of Compensation the Participant elects to defer, the Participant Deferral Credit, shall be credited by the Employer to the Deferred Compensation Account maintained for the Participant pursuant to Section 8. The following special provisions shall apply with respect to the Participant Deferral Credits of a Participant:

Appears in 9 contracts

Samples: Adoption Agreement (Santarus Inc), Adoption Agreement (Semtech Corp), Plan Adoption Agreement (Bridgepoint Education Inc)

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Participant Deferral Credits. To the extent provided in the Adoption Agreement, each Active Participant may elect, by entering into a Participation Participant Deferral Agreement with the Employer, to defer the receipt of Compensation from the Employer by a dollar amount or percentage specified in the Participation Participant Deferral Agreement. The amount of Compensation the Participant elects to defer, the Participant Deferral Credit, Credit shall be credited by the Employer to the Deferred Compensation Account maintained for the Participant pursuant to Section 8. The following special provisions shall apply with respect to the Participant Deferral Credits of a Participant:

Appears in 4 contracts

Samples: Sandridge Energy Inc, Ufp Technologies Inc, Proassurance Corp

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