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 the amount of Compensation, which the Participant elects to defer under the Deferral Commitment pursuant to Article 3 of the Plan.
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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.
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Examples of Annual Deferral in a sentence

  • The Board may establish a minimum Annual Deferral and/or minimum deposit amount, and may change such minimums from time to time.

  • The amount so transferred shall be credited to the Participant's Account Balance and shall be held, accounted for, administered and otherwise treated in the same manner as an Annual Deferral by the Participant under the Plan, except that the transferred amount shall not be considered an Annual Deferral under the Plan in determining the maximum deferral under Section III.

  • For 2002 and thereafter, any amounts contributed by the Participant to a tax- sheltered annuity pursuant to Code Section 403(b) or to a 401(k) plan pursuant to Code Section 402(e)(3) shall not reduce the maximum Annual Deferral under 4.1, 4.2, 4.3, and 4.4 above.

  • The maximum amount of the Annual Deferral under the Plan for any calendar year shall not exceed the lesser of (i) the Applicable Dollar Amount or (ii) the Participant’s Includible Compensation for the calendar year.

  • An "Annual Deferral" means the amount of Compensation deferred in any calendar year.


More Definitions of Annual Deferral

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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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 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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Annual Deferral means the amount of Compensation deferred by a Participant during a calendar year of Compensation and any contributions by the Plan Sponsor to the Participant’s account.
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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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