Additional Deferral Election definition

Additional Deferral Election means the election by a participant under Section 3.6(b) to further defer the date payment otherwise would be made (or begin to be made) from a participant's Deferred Account.
Sample 1Sample 2Sample 3
Additional Deferral Election means the election by a Participant under Section 3.4(b) to further defer distribution from his or her Deferred Account.
Sample 1Sample 2Sample 3
Additional Deferral Election means the election by a participant under Article VII to further delay distribution from an Account.
Sample 1

Examples of Additional Deferral Election in a sentence

  • If it imposes the protective rule on everyone, then the people who prefer protection get what they want but those who do not are inefficiently forced to purchase a contractual feature which is worth less to them than the increased price it costs.

  • Upon the occurrence of a Fixed Date, that portion of the Participant's Account that is both vested and elected pursuant to a Deferral Election or Additional Deferral Election to be paid out on such Fixed Date shall be paid to the Participant in accordance with the Form of Payment elected in the Deferral Election or subsequent Change of Form Elections.

Related to Additional Deferral Election

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Payment Election means an election pursuant to Section 5.1.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Optional Deferral Provision means, as to any Qualifying Capital Securities, a provision in the terms thereof or of the related transaction agreements to the effect that:

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Investment Election means an election, made in such form as the Administrative Committee may direct, pursuant to which a Participant may elect the Investment Funds in which the amounts credited to his Account will be deemed to be invested.

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Deferral Notice has the meaning set forth in Section 3(h) hereof.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Deferral Agreement means the annual written agreement between the Funds and the Participant to defer Compensation under the Plan.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Special election means an election held as authorized by Section 20A-1-203.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.