Common use of Participant Deferral Credits Clause in Contracts

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 % XX (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: 100 % XX (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 % XX (d) Commissions: minimum deferral: 0 % maximum deferral: 100 % __ (e) Form 1099 Compensation: minimum deferral: % maximum deferral: % XX (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 % __ (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (Cross Country Healthcare Inc)

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Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 % XX % (b) Service Bonus: XX __ Service Bonus. minimum deferral: 0 % maximum deferral: 100 % XX % (c) Performance-Based Compensation: __ Performance Based Bonus minimum deferral: 0 % maximum deferral: 100 % XX % (d) Commissions: minimum deferral: 0 % maximum deferral: 100 % __ % (e) Form 1099 Compensation: minimum deferral: % maximum deferral: % XX % (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 % __ XX (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (First Bancorp /Nc/)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: $ or 50 % XX % (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: $ or 100 % XX % (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 % XX $ or % (d) Commissions: minimum deferral: 0 % maximum deferral: 100 % __ $ or % (e) Form 1099 Compensation: minimum deferral: % maximum deferral: % XX $ or % (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 $ or % __ o (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (iPayment Holdings, Inc)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 % XX % (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: 100 % XX % (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 % XX % (d) Commissions: minimum deferral: 0 % maximum deferral: 100 % __ % (e) Form 1099 Compensation: minimum deferral: % maximum deferral: % XX % (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 % __ (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (Ritchie Bros Auctioneers Inc)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 $ or % XX (b) *Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: 100 $ or % XX (c) *Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 $ or % XX (d) *Commissions: minimum deferral: 0 % maximum deferral: 100 $ or % __ (e) Form 1099 Compensation: minimum deferral: % maximum deferral: $ or % XX (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 $ or % __ (g) Participant deferrals not allowed. * The maximum deferral amount commitment for the aggregate of salary, service bonus, performance based compensation, and commissions per Plan Year shall be $75,000.

Appears in 1 contract

Samples: Adoption Agreement (MTC Technologies Inc)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 $ or 80 % XX (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: $ or 100 % XX (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: $ or 100 % XX (d) Commissions: minimum deferral: 0 % maximum deferraldeferral : 100 $ or % __ XX (e) Form 1099 Compensation: minimum deferral: % maximum deferraldeferral : $ or 100 % XX (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 $ or % __ (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (Bridgepoint Education Inc)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 $ or 80% XX (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: 100 $ or 100% XX (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 $ or 100% XX (d) Commissions: minimum deferral: 0 % maximum deferraldeferral : 100 $ or % __ (e) Form 1099 Compensation: minimum deferral: % maximum deferraldeferral : $ or % XX (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 $ or % __ (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (Douglas Dynamics, Inc)

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Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 % XX $ or 100% (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: 100 $ or 100% XX x (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 $ or 100% XX o (d) Commissions: minimum deferral: 0 % maximum deferral: 100 $ or % __ o (e) Form 1099 Compensation: minimum deferral: % maximum deferral: $ or % XX o (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 $ or % __ o (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (Isle of Capri Casinos Inc)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 80 % XX (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: 100 % XX (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 % XX __ (d) Commissions: minimum deferral: 0 % maximum deferral: 100 % __ XX (e) Form 1099 Compensation: minimum deferral: % maximum deferral: 100 % XX __ (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 % __ (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Deferred Compensation Plan (Everus Construction Group, Inc.)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 0% maximum deferral: 50 $ or 80% XX (b) Service Bonus: XX Service Bonus. Bonus (***See Exhibit A***): minimum deferral: 0 0% maximum deferral: 100 $ or 100% XX (c) Performance-Based Compensation: Compensation (***See Exhibit A***): minimum deferral: 0 0% maximum deferral: 100 $ or 100% XX __ (d) Commissions: minimum deferral: 0 % maximum deferraldeferral : 100 $ or % __ (e) Form 1099 Compensation: minimum deferral: % maximum deferraldeferral : $ or % XX __ (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 $ or % __ (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (Carmike Cinemas Inc)

Participant Deferral Credits. Subject to the limitations in Section 4.1 of the Plan, a Participant may elect to have his Compensation (as selected in Section 2.8 of this Adoption Agreement) deferred within the annual limits below by the following percentage or amount as designated in writing to the Committee: (a) Base salary: minimum deferral: 0 % maximum deferral: 50 % XX $ or % (b) Service Bonus: XX Service Bonus. minimum deferral: 0 % maximum deferral: 100 % XX $ or % (c) Performance-Based Compensation: minimum deferral: 0 % maximum deferral: 100 % XX $ or % (d) Commissions: minimum deferral: 0 % maximum deferral: 100 % __ $ or % (e) Form 1099 Compensation: minimum deferral: % maximum deferral: % XX $ or % (f) Other: Director’s Fees minimum deferral: 0 % maximum deferral: 100 % __ $ or % (g) Participant deferrals not allowed.

Appears in 1 contract

Samples: Adoption Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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