Annual Deferral Account definition

Annual Deferral Account means the bookkeeping Account established under Section 3.1 established on behalf of a Participant, and includes any deemed investment earnings credited thereon.

Annual Deferral Account means a Participant's Annual Participant Deferral for a Plan Year, as adjusted to reflect all applicable Investment Adjustments and all prior distributions and withdrawals.

Annual Deferral Account means a Participant’s Annual Participant Deferral for a Plan Year, as adjusted to reflect all applicable Investment Adjustments and all prior withdrawals and distributions in accordance with Article 6 and the provisions of the applicable Annual Enrollment Materials.

Examples of Annual Deferral Account in a sentence

• A separate Annual Deferral Account shall be established and maintained for each Annual Participant Deferral.

• Amounts deferred by a Participant in respect of services rendered during a Plan Year shall be referred to collectively as an Annual Participant Deferral and shall be credited to an Annual Deferral Account established in the name of the Participant.

• The amounts deferred by a Participant in respect of services rendered during a Plan Year shall be referred to collectively as an Annual Participant Deferral and shall be credited to an Annual Deferral Account established in the name of the Participant.

• The Administrator shall provide periodically to each Participant a statement setting forth the balance of the Annual Deferral Account and each LTI Deferral Account maintained for such Participant.

• Participation in the Annual Deferral Account portion of the Plan shall be limited to Key Executives.

More Definitions of Annual Deferral Account

Annual Deferral Account means a notional, bookkeeping account established under the Plan to reflect the Participant’s Annual Participant Deferral for a Plan Year, as adjusted to reflect all applicable Investment Adjustments and all prior withdrawals and distributions in accordance with Article 5 and the provisions of the applicable Annual Enrollment Materials.

Annual Deferral Account means the notional account established with respect to a Participant’s Annual Deferrals for recordkeeping purposes pursuant to Article 5.

Annual Deferral Account means a notional, bookkeeping account established under the Plan to reflect the amount credited in a Plan Year with respect to a Participant’s elective deferral for such Plan Year in accordance with Sections 3.01 and 3.02 of the Plan, as adjusted to reflect all applicable dividend crediting pursuant to Section 3.04 and Account Adjustments pursuant to Section 3.05 hereof.

Annual Deferral Account means with respect to a Participant, an entry on the records of the Employer equal to the following amount: (i) a Participant’s Annual Deferral Amount for any Deferral Period with respect to Base Annual Salary, Bonus, LTIP Amounts, Operator Share Dividends or Operator Share Bonus, plus (ii) amounts credited or debited to such amount pursuant to this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Annual Deferral Account. (Each separate deferral source shall have a separate Annual Deferral Account.) The Annual Deferral Account shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

Annual Deferral Account means, with respect to an individual who is a Participant for a given Plan Year, an unfunded account established on the books of the Company to record the notional investment and reinvestment of the deferred Bonus, the Matching Amount, and any earnings thereon, as described in Section 4.4 below. Such accounts will be established for each Plan Year in which an individual actively participates in the Plan.

Annual Deferral Account means (i) the sum of all of a Participant’s Annual Deferral Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of the Plan that relate to the Participant’s Annual Deferral Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to the Plan that relate to his or her Annual Deferral Account.

Annual Deferral Account means the notional account established with respect to a Participant’s Annual Deferrals and Automatic Deferrals for recordkeeping purposes pursuant to Article 4 of the Plan.