Examples of Annual Service Fees in a sentence
The Deferred Stock Account of each Participant shall be divided into a series of subaccounts, one for each calendar year for which such Participant defers all or part of his or her Annual Service Fees.
For each calendar year for which the Participant defers all or part of his Annual Service Fees, a separate Deferral Election Account shall be established and credited with the amount of the Annual Service Fees deferred for that year.
The Annual Service Fees for any pre-2008 calendar year that were deferred under the Program and credited to the Participant’s Deferral Election Account for that year were converted into deferred shares of Common Stock subject to the terms of this Program.
The deferred stock award attributable to the deferred Annual Service Fees for any calendar year shall be made on the first business day of that calendar year.
Do not include a value for term insurance, which has no cash value to the individual before death.