Common use of Payment of Amounts Deferred and Vested On or Before December 31, 2004 Clause in Contracts

Payment of Amounts Deferred and Vested On or Before December 31, 2004. Amounts credited to the Executive’s Deferred Compensation Account on or before December 31, 2004, and any subsequently credited interest, will be paid in cash to the Executive (or the Executive’s designated beneficiary if the Executive dies before payment,) subject to applicable withholding taxes. The Company will choose the payment date, which will be no later than 90 days after Executive’s employment with the Company terminates, unless the Executive requests before terminating a later payment date or dates and the Company agrees to the request.

Appears in 3 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

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Payment of Amounts Deferred and Vested On or Before December 31, 2004. Amounts credited to the Executive’s Deferred Compensation Account on or before December 31, 2004, and any subsequently credited interest, will be paid in cash to the Executive (or the Executive’s designated beneficiary if the Executive dies before payment,) subject to applicable withholding taxes. The Company will choose the payment date, which will be no later than 90 ninety (90) days after Executive’s employment with the Company terminates, unless the Executive requests before terminating a later payment date or dates and the Company agrees to the request.

Appears in 3 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

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Payment of Amounts Deferred and Vested On or Before December 31, 2004. Amounts credited to the Executive’s Deferred Compensation Account on or before December 31, 2004, and any subsequently credited interest, will be paid in cash to the Executive (or the Executive’s designated beneficiary if the Executive dies before payment,) subject to applicable withholding taxes. The Company will choose the payment date, which will be no later than 90 days after Executive’s employment with the Company terminates, unless the Executive requests before terminating a later payment date or dates and the Company agrees to the request.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

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