Company Deferrals definition

Company Deferrals means the allocations to a Participant’s Account made pursuant to section 3.02.
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Company Deferrals means, collectively or individually, any of the deferrals made by the Company pursuant to Sections 4.01, 4.02, 4.03 and 4.04.
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Company Deferrals means the allocations to a Participant's Account made pursuant to Section 3.02.
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Examples of Company Deferrals in a sentence

  • If the former Spouse dies before award is fully vested, she shall forfeit her remaining Account balance, and that exact amount shall be returned to the Participant’s subaccount containing Company Deferrals.

  • Company Deferrals are credited to a Participant’s Account as of the date that the Company Deferral was earned by the Participant.

  • Company Deferrals begin to share in the investment earnings (or losses) at the time specified in section 4.01.

  • No Company Deferrals will be accrued, nor any Participant Deferrals made after the Participant ceases to be eligible to participate in the Plan.

  • A Participant is fully vested in the portion of his Plan Account that is attributable to Company Deferrals in the following circumstances.

  • Participant Deferrals and Company Deferrals start to be credited with investment earnings or losses as soon as administratively convenient after such amounts are credited to Accounts, except that the retirement-6 contribution under section 3.02(b) is not credited with investment earnings or losses until the corresponding Company Mandatory Contribution to the Retirement Plan is actually paid to the Retirement Plan (usually in late February).

  • Upon becoming a Participant, an Employee shall make a payout election to have his vested Account attributable to Company Deferrals paid out in a single payment or in two to ten annual installments.

  • The Committee extended to certain Participants the opportunity a new payout election in 2007 to have his vested Account attributable to Company Deferrals paid out in a single payment or in two to ten annual installments.

  • The Company Deferrals for a Participant, including one who begins participating in the middle of a Plan Year, are calculated by taking into account all Compensation paid to him during the entire Plan Year, including any incentive compensation paid during the Plan Year.

  • And finally, if necessary, vested amounts will be withdrawn from the subaccount(s) containing Company Deferrals.


More Definitions of Company Deferrals

Company Deferrals means the amount of matching Company Deferrals allocated to a Participant’s Account pursuant to Section 3.02. Matching Company Deferrals shall be deemed to be made in shares of the common stock of Newmont Mining Corporation, the Company’s ultimate parent (“Company Stock”) subject to any limitations that may apply.
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Company Deferrals means the amount of Company Deferrals allocated to a Participant's Plan Account pursuant to Section 3.2.
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Company Deferrals means the amount of Matching Allocations and Profit Sharing Allocations allocated to an Eligible Employee’s Account and the hypothetical earnings attributable thereto.
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Company Deferrals means the contributions, if any, declared by the Board for the benefit of a Participant.
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Related to Company Deferrals

  • Company Matching Contributions means the Company contributions described in Section 3.4.

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

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Matching Contribution Account means the portion of a Participant’s Account attributable to Matching Contributions and Earnings thereon.