Bonus Deferral definition

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.

Bonus Deferral means the percentage of a Participant’s Bonus which the Participant defers pursuant to Section 4.2 of the Plan.

Bonus Deferral means an election by a Participant to defer the receipt of a Bonus in accordance with the requirements of Article IV.

Examples of Bonus Deferral in a sentence

• If an Eligible Individual does not elect to make a Performance-Based Bonus Deferral during that initial 30-day period, he may not later elect to make a Performance-Based Bonus Deferral for that performance period under this subsection.

• For avoidance of doubt, Base Salary shall not include any Annual Bonus or portion thereof deferred under the Company’s Bonus Deferral Program or payments or benefits under this Agreement.

• A Participant may not, at any time, revoke a previous election with respect to a Bonus Deferral Amount or Salary Deferral Amounts.

• A Participant shall be 100% vested at all times in his or her Bonus Deferral Subaccount.

• Each Participant’s Bonus Deferral Subaccount shall be further divided into separate subaccounts (“investment fund subaccounts”), each of which corresponds to a Fund elected by the Participant.

More Definitions of Bonus Deferral

Bonus Deferral means the amount of annual bonus that the Participant elects to defer under Section 4.3.

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

Bonus Deferral means the portion of a Bonus that is deferred by a Participant under Section 4.2 with respect to a Plan Year.

Bonus Deferral means the Bonus deferral made by a Participant pursuant to Section 4.2(b). A Participant may also defer a portion of his Bonus as a Bonus with Match Deferral pursuant to Section 4.2(c).

Bonus Deferral means the pre-tax deferrals of a distribution of Performance Share Awards made by a Participant under this Plan of up to one hundred percent (100%) of his Performance Share Award in accordance with Section 4.1(c).

Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld hereunder and credited to his Account pursuant to Section 4.1.

Bonus Deferral means the percentage of a Participant’s bonus and/or Performance Based Compensation which the Participant elects to defer pursuant to Article III.