Annual Deferral definition

Annual Deferral means the amount of Compensation deferred, exclusive of any contributions under Sections 4.3 or 4.4, in any year pursuant to Sections 4.1 and 4.2 and deposited with the Board.
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Annual Deferral means an amount of Compensation deferred by a Participant in any taxable year as a pre-tax deferral, Designated Roth Contribution, or both pursuant to Article II and deposited by the Administrator.
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Annual Deferral means the amount of Compensation deferred in any year.
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Examples of Annual Deferral in a sentence

  • In no event will the Annual Deferral Amount or the Matching Contribution Amount (if any) for any Pay Type, or for all Pay Types combined, for any particular Participant exceed the maximum amounts permitted under any applicable law.

  • If necessary, the Committee shall reduce the Annual Deferral Amount in order to comply with this paragraph.

  • If necessary, the Committee shall reduce the Annual Deferral Amount for the year in which FICA/FUTA or other taxes are due or the Participant’s Account, if other payments or deferrals are insufficient, in order to comply with this paragraph.

  • Regardless of whether Employee makes an Annual Deferral pursuant to the terms of the Deferred Compensation Plan for the relevant Plan Year, Employee shall be deemed to be a Participant in the Deferred Compensation Plan and to have elected to participate in the Deferred Compensation Plan for the limited purpose of receiving the Discretionary Credits described in this Agreement.

  • The Employee may elect an Annual Deferral Sum hereunder by filing an Election of Deferral.


More Definitions of Annual Deferral

Annual Deferral means the deferral with respect to a Plan Year elected by a Participant in accordance with Section 3.03.
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Annual Deferral means that portion of a Participant's Base Annual Salary that a Participant elects to have and is deferred, in accordance with Article 3, for any one Plan Year. In the event of Retirement, Disability, death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral shall be the actual amount withheld prior to such event.
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Annual Deferral means the amount of Compensation which the Participant elects to defer for a Plan Year pursuant to Articles 2 and 3 of the Plan.
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Annual Deferral means that portion of a Participant’s Base Salary, Bonus, Commissions, and Cash Director Fees deferred hereunder with respect to a Plan Year. In the event of a Participant’s Retirement, Disability, death or Separation From Service prior to the end of a Plan Year, such year’s Annual Deferral shall be the actual amount deferred and withheld prior to such event.
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Annual Deferral means an amount of Compensation deferred by a Participant in any taxable year as a pre-tax deferral, Designated ▇▇▇▇ Contribution, or both pursuant to Article II and deposited by the Administrator.
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Annual Deferral means the amount deferred by a Director during a Plan Period.
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Annual Deferral means the amount of Compensation deferred by a Participant into a Pre- Tax Contribution Account or a Roth Contribution Account in any year pursuant to Articles IV, V and VI.
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